Ethereum News by Thebittimes.Com

2024 was a prominent year for the world’s largest cryptocurrency Bitcoin (BTC). The asset managed to move beyond the coveted $100,000 mark. While several other coins in the market followed suit and went on to claim new peaks, Ethereum (ETH) stood on the sidelines. The altcoin failed to reclaim its all-time high of $4,891. Despite this, the optimism and interest in Ethereum did not seem to die as it continued luring in investors. Also Read: Cardano Partners Up With FC Barcelona as ADA Bounces Back Ethereum Outshines Bitcoin Source: Watcher Guru According to recent data from Santiment, the total number of wallets of top cryptocurrencies has witnessed a major uptick. This has reportedly occurred since the beginning of the new year. The firm revealed that Ethereum and XRP holders increased by a notable margin. Since the start of 2025, the total number of ETH wallets stands at 645K. This represents a 0.5% rise since the start of the year. XRP saw a 1% increase in holders since the begi...

Jeffrey Zirlin said the hack compromised two of his personal wallets. The breach reportedly did not impact Ronin chain’s validation or operational aspects. Jeffrey Zirlin, co -founder of Sky Mavis, has confirmed that a hacker has compromised two of his personal wallets . Data shared by blockchain security firm PeckShield shows that the hacker stole approximately 3,248 Ether, worth about $9.7 million. The attacker withdrew the loot from the Ronin Bridge, with transfers made to the Crypto mixing platform Tornado Cash. Zirlin, whose Sky Mavis is the firm behind popular Crypto game Axie Infinity hosted on the Ronin sidechain, however noted that the attack did not impact Ronin. “ The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain ,” Zirlin posted on X.  “ A dditionally, the leaked keys have nothing to do with Sky Mavis operations. I want to assure everyone that we...

Blockdaemon will integrate the cross-chain messaging capabilities of LayerZero into its self-custodial wallet. The partnership further enhances LayerZero’s security, Ryan Zarick, CTO of LayerZero Labs said. Blockchain infrastructure firm Blockdaemon is partnering with LayerZero Labs, the developer behind omnichain interoperability protocol LayerZero, to add cross-chain capabilities to its self -custodial wallet . Blockdaemon to also operate a DVN on LayerZero According to an announcement, the partnership with LayerZero Labs also sees Blockdaemon become the blockchain messaging protocol’s infrastructure provider. Blockdaemon will also operate a Decentralized Verifier Network (DVN) on LayerZero. Other entities that will run DVNs include Animoca Brands, Google Cloud and Gitcoin. 5/ At launch, DVNs will be run by a wide variety of entities:@MIM_Spell @animocabrands @BlockdaemonHQ @delegatedotxyz @gitcoin @GoogleCloudTech @NethermindEth @P2Pvali...

One wallet received $2 million in ARB while another collected around $1.38 million worth of tokens. As the hype surrounding the Arbitrum (ARB) airdrop continues, on-chain activity shows that airdrop hunters consolidated tokens worth around $3.3 million collectively from 1,496 wallet s into two wallet s. According to the blockchain analysis platform Lookonchain, one wallet received 1.4 million ARB from 866 addresses. The account then added all the ARB received to the decentralized exchange Uniswap to provide liquidity. The 1.4 million ARB tokens are worth around $2 million at the time of writing. On the other hand, another wallet received 933,375 ARB, which is worth around $1.38 million, from 630 addresses. We found 2 super airdrop hunters of $ARB. 0xe1e2 received 1.4M $ARB($1.92M) via 866 addresses and added all 1.4M $ARB to #Uniswap to provide liquidity.https://t.co/sncsZTHrP2 0xbd4e received 933,375 $ARB($1.28M) via 630 addresses .https://t.co/p5vbqXMYxD pic.twitter.com/yK3Lzbe...

The impact of FTX’s collapse was much bigger than expected. The hack that followed suit disrupted the market as well. While the details behind the hack remain uncertain, the stolen funds were being moved. Over the last couple of days, huge amounts of funds from the stolen $447 million were on the move. Further persisting this pattern, the hacker went on to move some more funds. As per recent data from Etherscan, within a period of 4:11 to 4:17 PM UTC a whopping 180,000 ETH was moved. The hacker split this across 12 wallets that were newly created. Each of these wallets received a total of 15,000 ETH. Source As seen in the above image, all the wallets entailed a total amount of $199.3 million together. This move certainly seemed to have confused the entire ecosystem. Several were speculating that the FTX hacker was trying to confuse the investigators that were overseeing the hack. A few others assumed that the hacker could be employing a mixing service sometime soon. J...