Ethereum faced a rare mass slashing event with 39 validators penalized due to operator errors tied to the SSV Network. Summary 39 validators tied to SSV Network were slashed after operational errors by Ankr and Allnodes. Each validator lost around 0.3 ETH, with further losses from inactivity leaks. Event highlights risks of validator mismanagement as…
Spanish banking group BBVA has teamed up with Ripple to provide institutional-grade custody for Bitcoin and Ethereum to its retail customers in Spain. Summary BBVA will use Ripple Custody, Ripple’s institutional-grade platform, to securely store BTC and ETH for its Spanish retail clients. The partnership expands BBVA’s existing custody network, which already includes Garanti BBVA…
Ethereum-tracking exchange-traded funds have turned a corner after nearly a week of heavy redemptions. The funds saw fresh inflows on September 9, breaking a multi-day losing streak that had drained hundreds of millions from the market. Summary Ethereum ETFs ended a six-day outflow streak with $44.16 million in inflows on September 9, led by BlackRock’s…
Cboe is preparing to launch long-term futures for Bitcoin and Ether that provide efficient, regulated access to digital assets while reducing rollover complexity for market participants. Summary Cboe plans to launch long-dated Bitcoin and Ether Continuous futures for U.S. traders starting November 10. Contracts are single, 10-year instruments with daily cash adjustments tied to spot…
The choice of a layer-2 network for South Korea’s largest exchange is a testament to Ethereum’s central role in the DeFi space. Summary South Korea’s largest crypto exchange is launching its own network Giwa network will be a layer-2 chain, built for fast speeds Upbit dominates South Korea’s crypto market with 73.4% of volumes South…
Have you ever walked past a dripping faucet and thought about the tiny drops of water slowly filling a bucket? In the world of cryptocurrency, this same concept exists—and it can slowly fill your digital wallet with free Bitcoin, Ethereum, and other coins. These platforms are called crypto faucets, and they are one of the easiest…
Ethereum’s price has pulled back in the past few days, moving from the year-to-date high of $4,945 to the current $4,335. Summary Ethereum price could be on the cusp of a strong bullish breakout this month. It is attempting to retest an important support level on the weekly chart. Ethereum has strong fundamentals, including growing…
USDD is now live on Ethereum, marking a pivotal expansion beyond its Tron origins in a bid to achieve true multi-chain dominance and deeper integration within DeFi’s core infrastructure. Summary USDD, the Justin Sun-backed decentralized stablecoin, is now natively deployed on Ethereum. Launch includes a Peg Stability Module enabling on-chain minting and swaps with USDT…
HashKey Group is launching a $500 million perpetual fund focused on institutional investment in digital asset treasury projects. Summary Initial investments will focus on Bitcoin and Ethereum ecosystem projects, with HashKey also taking active operational roles. The launch follows HashKey’s broader institutional expansion, including the June rollout of GF Token — Hong Kong’s first fully…
Ethereum Layer-2 project Kinto will close this month after a major exploit in July drained its reserves and left the team unable to secure new funding. Summary Kinto price has fallen by more than 80% after a shutdown announcement following a July exploit that drained 577 ETH. Phoenix lenders will recover about 76% of funds,…
