Category: Ethereum
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Ledger Denies Hack After OneKey Recreates Ethereum Signing Bug
TLDR OneKey’s security team recreated a transaction substitution flaw against an outdated version of Ledger’s Ethereum app. Ledger says it patched the issue with app version 1.22.2 before OneKey went public with its findings. The bug let a compromised host swap transaction details after a user approved what they saw on screen. An attacker needed…
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Analysts Map Out $2,365 and $2,632 Levels
TLDR ETH trades at $2,465 after getting rejected at $2,513 resistance, closing down nearly 2% Momentum indicators including MACD and RSI show overbought conditions across the board Retail traders are 70.3% long while smart money sits at 56.6% long, a 14-point gap Open interest rose 2.7% as price fell 2%, pointing to new short positions…
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Bitmine ETH Holdings Near 5% as Ether Breaks $2,500
Tom Lee’s Bitmine Immersion Technologies continued its accumulation of Ether last week, adding to its holdings as the cryptocurrency staged a sharp breakout following a prolonged downturn. The company disclosed Monday that it purchased 32,447 Ether (ETH) last week, bringing its total holdings to 5,847,611 ETH, or roughly 4.8% of Ethereum’s circulating supply. Bitmine has…
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Analysts Eye $4,811 Resistance Level
TLDR ETH is trading at $2,443.79, up 1.34% over the past 24 hours. The key resistance level to watch sits at $4,811.71. Analyst JAVON MARK says ETH has gained roughly 55% since reclaiming support. Whales withdrew more than 54,700 ETH, worth about $121 million, from Binance. A breakout above resistance could open the door toward…
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BTC.TOP Founder Jiang Zhuoer Flips Bullish, Says ETH Could Outperform Bitcoin
TLDR: Jiang Zhuoer says he is 90% confident the crypto bear market has ended after Bitcoin neared $79,500. He bought ETH near $2,100 after selling at 1,738-1,931, then sold half his spot position near $2,525. Jiang keeps 20%-30% of planned capital undeployed, with an ETH buy possible if BTC falls to 67,000-72,000. U.S. spot Bitcoin…
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GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone
GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup. GIP-153 received 123,158 GNO in support, 115 against and 151 abstaining across 54 voters, Gnosis Chain said in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum. Under the proposal, Gnosis Chain’s validator set would…
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Surges 18% as Trading Volume Jumps 402%
TLDR ETH surged 18% in 24 hours, pushing its weekly gain to 19.65% Trading volume jumped 402% as price broke above $2,003 resistance RSI spiked to 92.14, signaling overbought conditions after the fast move Key resistance sits between $2,431 and $2,500, with $2,636 as the next target Two Hyperliquid whales hold $98 million in ETH…
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Ethereum Devs to Narrow 66 Proposals tied to 2027 Hegotá Upgrade
Ethereum developers are currently reviewing 66 proposals to narrow them down as part of scoping the next major Ethereum upgrade, Hegotá, with several proposals aimed at bringing more privacy capabilities into the protocol. FOCIL is currently the only Ethereum Improvement Proposal (EIP) scheduled for inclusion in the upgrade. Frame Transactions (EIP-8141), Keyed Nonces (EIP-8250) and…
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Ethereum Developers Consider New Privacy Transaction System
TLDR Ethereum developers are reviewing 66 proposals for the planned Hegotá upgrade, expected in 2027. EIP-8141, or Frame Transactions, could give accounts more control over transaction approval, execution, and fee payment. The proposal could help privacy-focused applications reduce their reliance on outside relayers and other middlemen. EIP-8250 and EIP-8272 would support private transaction systems by…
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Bitmine Nears 5% of Ethereum Supply With 5.82M ETH
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions. The company disclosed Monday that it acquired 9,926 Ether (ETH) during the week ending Aug. 16, bringing its total holdings…
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