Consensys Sues SEC Over Ethereum Regulation
Due to allegations that the US SEC intends "to regulate ETH as a security," the software development company Consensys launched a lawsuit against them.
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Latest firstEx Ethereum Dev Seeks Sentence Reduction in North Korea Aiding Case
Key Takeaways Former Ethereum Developer Virgil Griffith is seeking a reduction in his prison sentence. Griffith was convicted in April 2022 for violating US sanctions by attending a Pyongyang conference and giving a presentation on blockchain technology. Virgil Griffith was…
Former Ethereum Advisor Sues US Government for $9.6 Billion
Early Ethereum network advisor Steven Nerayoff filed a lawsuit against the US government alleging false accusations and abuse by federal officials from 2019 to 2023.
KyberSwap Hacker Shifts $2.5 Million in Stolen Funds from Arbitrum to Ethereum Network
Key Takeaways The hacker responsible for the 2023 decentralised exchange (DEX) KyberSwap’s exploit has resumed activity, moving significant amounts of digital assets across different blockchains. Blockchain analytics firm PeckShield has reported notable movements from the hacker’s wallet address, indicating transfers…
MicroStrategy’s X Account Hacked in ETH Token Phishing Scam, Over $440k Drained
Key Takeaways On Monday, February 26, MicroStrategy, a prominent business intelligence firm recognized for its substantial holdings in Bitcoin, found itself embroiled in a cybersecurity incident. The company’s official social media account, known as X, was compromised by hackers, who…
ARK 21Shares Revises Application for Spot Ether ETF, Adds Staking Component
Key Takeaways ARK 21Shares, in collaboration with Cathie Wood’s ARK Invest, has made significant revisions to its application for a spot Ethereum exchange-traded fund (ETF). The updated proposal introduces a cash-creation model, akin to its approved Bitcoin ETF, and includes…
Troubled Celsius’ Crypto Sell-Off: Over $40 Mln in ETH Shifted to Coinbase
Key Takeaways Celsius Network, the bankrupt crypto lender, is in the midst of a substantial sell-off, mainly involving Ethereum (ETH), as it works to repay creditors. The latest move reveals a transfer of over $40 million worth of ETH to…
SEC Extends BlackRock’s Spot Ether ETF Decision to March
Key Takeaways The Securities and Exchange Commission (SEC) has extended its decision timeline on BlackRock’s proposal for a spot Ethereum exchange-traded fund (ETF) to March, as disclosed in a recent filing. The regulatory body cited the need for additional time…
Etherscan Expands: Acquires Solana Block Explorer Solscan
New acquisitions about the Solana blockchain are being made by Etherscan, which runs an Ethereum blockchain explorer, to kick off the year.
Vitalik Buterin Advocates Overhaul of Ethereum’s PoS for Enhanced Efficiency
Key Takeaways Vitalik Buterin, co-founder of Ethereum, has put forth a proposal to overhaul Ethereum’s proof-of-stake (PoS) consensus mechanism, aiming to address potential challenges and enhance the platform’s overall efficiency. As of now, Ethereum’s decentralized structure relies on approximately 895,000…