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Author: Sophia Brown
Crypto prices traded within a range last week as crypto takes is relegated to the back burner in the wake of economic uncertainties Exchange-traded fund (ETF) inflows were negative as Bitcoin ETFs logged net outflows of $62.9 million while Ethereum ETFs logged $8.9 million in outflows Bitcoin Bitcoin’s price action continued trading rangebound, with weekly highs and lows of $99,509 and $93,331, as uncertainty looms around inflation, US President Donald Trump’s policies, and geopolitical events. Zooming out, we see that price action has ranged at the daily support level for the last three weeks as current market conditions lack sufficient…
My dear Ethereum community, Today, I’m excited to turn the page and share that I will be closing this chapter as Executive Director of the Ethereum Foundation soon and stepping into a new role as its President. This new opportunity will allow me to continue supporting EF’s institutional relationships, and to expand the reach of our vision and culture more broadly. I’m feeling deeply grateful and enthusiastic for what’s ahead, and while I made this decision a year ago, recent events have given me the perfect opportunity to reflect on what truly matters to me. These past few weeks have…
Infini neobank hacked for $49.5M USDC, swapped for 17,696 ETH. The attacker exploited retained admin privileges in Infini’s smart contract. Infini’s founder has promised full compensation, citing negligence in authority transfer. On February 24, 2025, Infini, a Hong Kong-based stablecoin neobank blending cryptocurrency and traditional finance, experienced a devastating security breach, resulting in the loss of approximately $49.5 million in USD Coin (USDC). The exploit, first flagged by blockchain security firm CertiK at 3:18 AM UTC, has sent shockwaves through the decentralized finance (DeFi) community, underscoring persistent vulnerabilities in the crypto space, especially following the recent $1.4 billion Bybit hack…
The crypto market is subject to a neutral market sentiment even as the bulls remain in control. Subsequently, majors like Ripple and Ethereum are range-bound while their steady fundamentals support the prices. On the other hand, more savvy investors are shifting their focus to meme crypto projects with the potential to revolutionize the industry. One such entity is Bitcoin Pepe. In fact, it is presented as the missing puzzle piece in the Bitcoin network. Through its mission of building “Solana on Bitcoin”, it is creating a platform defined by low fees, speedy transactions, and the ability to launch meme coins…
Today, we’re excited to announce the Pectra Audit Competition, kicking off on Cantina! This month-long event will run from February 21 to March 24, and we’re excited to see what issues the security community can find. Why Pectra Matters Some of the key EIPs for Pectra are listed below From EOAs to Smart Accounts (EIP-7702) Enhances Externally Owned Accounts (EOAs) with smart contract features. Key Benefits Transaction Batching: Combine multiple operations into a single transaction.Gas Sponsorship: Others can pay fees for the account.Alternative Authentication: Use hardware security modules or passkeys for authorization.Spending Controls: Limit token usage/outflows for improved security.Recovery Mechanisms:…
Franklin Templeton has launched EZPZ ETF tracking Bitcoin and Ether. The EZPZ ETF is the second US crypto index ETF. The other crypto index is Hashdex’s Nasdaq Crypto Index US ETF (NCIQ). Franklin Templeton, a prominent global asset manager, has introduced a new exchange-traded fund (ETF) that provides investors with exposure to both Bitcoin (BTC) and Ethereum’s Ether (ETH). Announced on February 20, 2025, the Franklin Crypto Index ETF, trading under the ticker EZPZ, marks the second crypto index ETF to launch in the United States, following closely on the heels of Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which…
Ryuta Aoki Ryuta is an artist, artistic director, conceptual designer, system architect, software engineer, entrepreneur, and social sculptor based in Tokyo. Ryuta describes his Learning Artifact, SOTOROJI, as part of a series of spatial devices that lead from the ordinary to the extraordinary, utilizing the modern social affordance of “seeing a QR code and scanning it with a camera,” just as soto-roji (the outer garden) in the Japanese tea ceremony serves as a space leading to a world of profound subtlety. SOTOROJI was featured as an art piece at the Devcon venue, viewed by thousands of attendees. Source link
The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold Crypto prices, which recovered slightly on Monday and Tuesday, continued trending downward as uncertainty looms Meanwhile, spot ETF inflows remained positive despite some days of outflows Bitcoin Bitcoin’s price trended lower over the last week following US President Donald Trump’s announcement of tariffs on Canada, Mexico, and China. Investors fled to safe-haven assets like gold while risky assets, like crypto, trended lower. However, the tariffs are a catalyst for faster price declines as price action shows that Bitcoin…
Hyperliquid has launched its general-purpose EVM dubbed HyperEVM. The HyperEVM integrates with Hyperliquid’s L1 consensus mechanism for security. The Hyperliquid Bug bounty offers up to $1M for identified bugs. Hyperliquid, the layer-1 blockchain platform, has launched HyperEVM, its general-purpose Ethereum Virtual Machine (EVM). The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes: 1. HyperEVM blocks built as part of L1 execution,… pic.twitter.com/sleqk1N7T5 — Hyper Foundation (@HyperFND) February 18, 2025 This move marks a crucial step in…
The Pectra network upgrade is scheduled to activate on Ethereum testnets! It will go live on Holesky at epoch 115968 (Feb. 24, 21:55 UTC) and then on Sepolia at epoch 222464 (Mar. 5, 7:29 UTC). The Pectra testnet client releases are listed below. Once both testnets have successfully upgraded, a mainnet activation epoch will be chosen. Pectra follows last year’s Dencun upgrade. It introduces features to augment Ethereum accounts, improve the validator experience, support L2 scaling, and more! This post explores these three major improvements in detail. For a more comprehensive overview, see ethereum.org’s guide to the upgrade. From EOAs…