The post Secret Network Proposes SCRT Migration to Arbitrum, Sets Sept. 1 Snapshot appeared on BitcoinEthereumNews.com.
Arbitrum News Secret Network has proposed relocating its native token SCRT from the Cosmos ecosystem to Arbitrum, the leading Ethereum layer-2 network, in a plan that now hinges on a community governance vote. The privacy-focused layer-1, which has run privacy-preserving smart contracts on Cosmos since 2020, argues the operating environment has shifted decisively. The proposal would reissue SCRT as an ERC-20 token on Arbitrum, anchoring the project to Ethereum’s deeper liquidity and tooling. A one-time snapshot of SCRT balances is scheduled for September 1, forming the basis for the new contract. Nothing takes effect until token holders formally approve the transition. The team framed security as the most serious driver behind the move. It warned that aging, under-maintained code has become dramatically easier to analyze, and that advances in artificial intelligence a
Tom Lee says Ethereum is undervalued as ETH trades below $2K, driven by tokenization growth and rising on-chain adoption. Ethereum has dropped from almost $5,000 six months ago to below $2,000 today. The decline has renewed debate about ETH and its market value. Fundstrat’s Tom Lee discussed Ethereum during a recent interview in Paris. He […]
The post Tom Lee Says Ethereum Is Grossly Undervalued as Tokenization Boom Takes Off appeared first on Live Bitcoin News.
The post Ethereum (ETH) Price Surges 10% on Spot Demand as Leverage Remains Flat appeared on BitcoinEthereumNews.com.
Key Highlights ETH surged approximately 10% and momentarily reclaimed $1,800 following a positive shift in Net Taker Volume on June 28 Open interest remained unchanged throughout the price increase, indicating the rally lacks leverage-driven speculation A critical resistance zone exists at the 50-day EMA near $1,806 US-based ETH spot ETFs recorded net inflows for three consecutive trading sessions Vitalik Buterin presented “Lean Ethereum,” an extensive protocol transformation projected to reduce ERC20 transaction costs by more than tenfold Ethereum has appreciated roughly 10% during the previous seven days, momentarily reaching the $1,800 level for the first time in several weeks. This upward movement followed the ETH Net Taker Volume indicator turning positive on June 28, demonstrating that purchasing activity was dominating perpetual futures markets. Following this sh
The USDT burn highlights stablecoin supply dynamics' influence on crypto markets, potentially affecting Bitcoin's price trajectory and market sentiment.
The post Tether burns $3B USDT on Ethereum, largest since February 2026 appeared first on Crypto Briefing.
The post Iran-Israel Strikes Push Bitcoin Down 1% to $62,657 appeared on BitcoinEthereumNews.com.
IRAN-ISRAEL News Bitcoin (BTC) slipped to $62,657 in Asian trading hours on Tuesday, down nearly 1% since midnight UTC, after the United States and Iran exchanged fresh aerial strikes and drove the dollar higher. The renewed Iran-Israel-linked conflict, which has repeatedly rattled risk markets this year, sent traders reaching for safety again. Major altcoins followed the leader lower: Ether (ETH), XRP (XRP) and Solana (SOL) each fell between 1% and 2.3% over the same window. Our reading of the tape shows the selling was orderly rather than a panic flush, but the geopolitical bid for the dollar kept a firm lid on every major token through the session. The commodity side amplified the pressure. WTI crude futures jumped more than 2% to $72.27 a barrel as the strikes reignited fears over supply through one of the world’s most sensitive energy corridors. The Dollar Index held steady above 101.
Bitmine's ETH acquisition underscores growing institutional confidence, potentially impacting Ethereum's market dynamics and future valuation.
The post New: Tom lee’s bitmine just bought another $71.6 million of ETH appeared first on Crypto Briefing.
The post Secret Network may leave Cosmos for Arbitrum after bridge exploit appeared on BitcoinEthereumNews.com.
Secret Network is seeking to move SCRT from Cosmos to Arbitrum, citing security risks, weaker liquidity, and older code. Summary Secret says AI makes older bridge code easier to scan, attack, and exploit over time. The proposed Arbitrum move follows a $4.7 million Axelar-Secret bridge exploit tied to legacy integration. SCRT holders face a Sept. 1 snapshot, with non-native or contract-held balances excluded from claims. In a July 7 governance post, the privacy-focused blockchain said the plan would create a new ERC-20 SCRT token on Arbitrum through a one-time snapshot on Sept. 1. The team said native and staked SCRT balances would count, while sSCRT, bridged SCRT, contract-held tokens, and IBC assets would not qualify. The proposal has not passed yet. The team said the move needs a community vote, and the migration will not proceed if holders reject it. AI exploit risk drives
The post Charles Hoskinson Celebrates RealFi Launch as a Unique Cardano Innovation appeared on BitcoinEthereumNews.com.
Key Insights: Charles Hoskinson calls the RealFi testnet one of Cardano’s biggest milestones. Community members compare Ethereum’s UTxO plans with Cardano’s EUTxO model. Supporters highlight Cardano’s TPS data and look ahead to the Leios upgrade. Cardano news gained fresh attention after founder Charles Hoskinson welcomed the launch of the RealFi testnet and called it one of the biggest releases in the network’s history. The update came as community members also discussed Ethereum’s UTxO plans and Cardano’s transaction speed claims. Charles Hoskinson Welcomes RealFi Testnet Cardano founder Charles Hoskinson has praised the launch of the RealFi testnet, calling it one of the most important releases the network has seen. His comment followed RealFi’s announcement that Phase 1 of its testnet is now live. The project said users can now try some of its main features before
