Concerns continue to mount over Ethereum’s latest protocol upgrade as security risks attract malicious actors aiming to drain user wallets. The Ethereum Improvement Proposal EIP-7702, part of the Pectra upgrade introduced earlier this year, is drawing scrutiny across the crypto industry after numerous exploits have been observed on chain. Proposed by co-founder Vitalik Buterin, the…
Ethereum is resting above the critical 200-week moving average after breaking out of a major support zone. With volume rising and structure intact, a full market rotation toward $3,340 appears increasingly likely. The current setup aligns closely with Market Auction Theory, a framework that explains how price tends to rotate between the value area low…
The SEC has raised serious legal questions about the proposed Solana and Ethereum ETFs by REX Shares and Osprey Funds. Solana (SOL) and Ethereum (ETH) exchange-traded funds have stumbled on a major regulatory roadblock. In a filing dated May 30, the U.S. Securities and Exchange Commission flagged legal concerns regarding the proposed REX Shares and…
Bitcoin and most altcoins showed mixed performance in the first five months of the year, with Bitcoin reaching a record high twice. Bitcoin (BTC) initially jumped to a record high of $109,300 in January and set a new one at $111,900 in May. Other meme coins initially surged in January following the launch of Official…
SharpLink Gaming plans to offer up to $1 billion worth of shares of common stock in order to buy Ethereum to boost its holdings, continuing its efforts to build an Ether treasury. According to an SEC filing, the U.S.-based company plans to issue up to 72.05 million shares of common stocks. These stock will be…
Silk Road founder Ross Ulbricht’s crypto wallet recently received a mysterious donation in the form of 300 BTC. Many traders suspected it was a self-transfer, but crypto sleuth ZachXBT found the source to be ‘questionable.’ According to data from on-chain analysis platform Arkham Intelligence, Silk Road founder Ross Ulbricht’s crypto wallet received 300.001 BTC (BTC)…
Vitalik Buterin announces that Ethereum’s Layer 1 is expected to scale approximately tenfold within the next year, followed by a pause before its subsequent major upgrade. At the recently concluded ETHGlobal Prague, Ethereum co-founder Vitalik Buterin revealed that the layer 1 blockchain is set to undergo a significant upgrade over the next year. Responding to…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Southeast Asia’s digital economy is booming—but so is its illicit underground. Findings from a recent UN report estimate that scam networks across East and Southeast Asia now generate nearly $40 billion annually….
FLR crypto rallied for the third straight day following reports of a partnership with Uphold to introduce XRP staking via the Flare Network. According to data from crypto.news, Flare (FLR) rose 12% to an intraday high of $0.0198 on June 2, bringing its year-to-date gains to over 72% at the time of writing. Its market…
Telegram-linked The Open Network has resumed operations after a brief outage on June 1 that halted block production. On June 1, TON developers announced that a fix was deployed 40 minutes after the issue was identified. According to TON’s official update, the incident stemmed from an error in the processing of the masterchain dispatch queue,…
