Attackers drained nearly $2.8M after minting fake USDR and EURR tokens. USDR and EURR sharply depegged after exploit-driven token dumping on Ethereum. The exploit exposed governance and wallet security risks across DeFi platforms. StablR’s USDR and EURR stablecoins lost their peg after attackers exploited the platform’s minting system and extracted millions of dollars in value. […]
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As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project. Ethereum at a Crossroads: Leadership Crisis Ethereum, the second-largest […]
The suspected exploit could undermine trust in stablecoin security, impacting investor confidence and regulatory scrutiny in the sector.
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Ethereum’s recent period of consolidation may be doing more than simply slowing price action. After a strong rally, ETH has entered a range-bound structure where buyers and sellers continue to battle for control, allowing the market to absorb gains and establish new support levels. Similar periods of consolidation have often preceded significant directional moves, particularly […]
Pseudonymous onchain trader ‘Evaded’ has closed all long positions across HYPE, ZEC, and ETH for a combined $4.6 million profit. He then immediately opened a 990- bitcoin short position worth $74.84 million on Hyperliquid. The Flip: From Bull to Bear Evaded exited long positions in HYPE, ZEC, and ETH, locking in a combined $4.6 million […]
Ethereum (ETH) has been under heavy selling pressure in recent weeks, leaving many retail investors uncertain about when to enter the market. However, Lingrid, a TradingView crypto expert, has stepped in, pinpointing an area she calls a “Kill Zone,” which reveals the most ideal entry point for traders looking to buy ETH at the best possible price before the next major move higher. Analyst Flags Ethereum Kill Zone As Prime Buy Area On May 20, Lingrid shared a new TradingView analysis of the Ethereum price, outlining what she believes is the ideal buy zone for investors and traders looking to accumulate during the current market dip. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ According to the expert, ETH recently broke down sharply from a “primary shaded wedge pattern,” highlighted on her accompanying chart. She noted that the breakdown had triggered a massive leverage flush, pushing ETH’s price down to $2,070. She added that the move has done its job b
