Category: Ethereum

Ethereum (ETH) is digital money created in 2015. It allows people to send payments and build apps using smart contracts. Like Bitcoin, it runs on a public network called a blockchain.

Trader Turns $81M Profit on Insane Ethereum Short—Lucky or Insider?

A crypto trader just pulled off a legendary move, bagging $81 million in profits by shorting Ethereum right before Trump announced new tariffs on China, Mexico, and Canada. As expected, ETH tanked, and this trader’s bet paid off big time.

A crypto trader just made $81 million in profit by shorting Ethereum right before Trump announced new tariffs on China, Mexico, and Canada. As soon as the news hit, ETH’s price dropped, and the trader’s bet paid off massively. He used 50x leverage, meaning even a small price swing in the wrong direction could have wiped him out completely. Instead, he hit the jackpot at the perfect moment.

This isn’t the first time something like this has happened. Back in March 2025, another trader made $6.8 million by going long on Bitcoin and Ethereum right before Trump’s “Crypto Strategic Reserve” announcement. He deposited $5.9 million, opened $200 million in leveraged positions, and cashed out right after Trump’s tweet.

With two perfectly timed trades before major government news, people are suspicious. Some say it’s pure skill, while others believe it’s insider trading. Whatever the case, this trader just made one of the biggest crypto plays of the year, and everyone is watching to see what he does next.

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Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

Bybit hacker launders $605M ETH via THORChain. FBI confirms Lazarus Group’s role. Devs quit, crackdown incoming, crypto world on edge.

The Bybit hacker is moving fast, already laundering $605M ETH (54% of stolen funds) through THORChain, a decentralized swap protocol now facing major heat. The $1.5B Bybit hack on Feb. 21 is officially the biggest crypto heist ever, with blockchain sleuths confirming North Korea’s Lazarus Group is behind it.

THORChain’s swap volume soared past $1B after the hack, but backlash came fast. A vote to block Lazarus-linked transactions got overturned, leading to core dev “Pluto” quitting and validator TCB threatening to leave if nothing changes.

Meanwhile, the FBI is stepping in, urging exchanges and validators to cut off Lazarus-linked wallets. But THORChain’s founder John-Paul Thorbjornsen says the protocol isn’t at fault, claiming no sanctioned wallets have interacted with it and blocking funds isn’t realistic.


The hacker remains with $514M ETH, and unless a change of circumstances occurs, they can continue sending money anonymously. This hack also points to an underlying issue—bad actors have the ability to take advantage of decentralized platforms since regulators are playing catch-up. Some fear that this will cause governments to squeeze the crypto tighter, especially privacy-focused platforms.

Crypto’s paying attention. Whatever happens next may reshape the landscape.

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Ethereum’s Pectra Upgrade Hits Snag on Testnet, Mainnet Timeline Uncertain

Summary: Ethereum’s much-anticipated Pectra update hit a snag in its Holesky testnet deployment on Feb. 24, holding up the originally planned mainnet debut. Developers are working on a fix, but timing remains unclear.

Ethereum’s Pectra update, heralded for such critical improvements as higher staking thresholds, better scaling, and wallet smart features, has encountered trouble. The upgrade went live on the Holesky testnet on February 24 but ran into a critical finalization issue—nodes failed to agree on the next block, halting progress.

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Georgios Konstantopoulos, a key contributor, explained that the problem stemmed from a bug in the deposit contract address, which disrupted block production.Ethereum coders soon set to work creating a patch and getting back to business.

Despite the glitch, the team remains optimistic. “Glad Reth & Erigon went off without a hitch, and in my opinion, NBD for other teams,” Konstantopoulos said, underlining that the ecosystem is going forward together.

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First, the release was to be done in phases, with Sepolia’s testnet going live on March 5 and mainnet on April. With this delay, however, the timeline becomes cloudy. It is being worked on by developers to be addressed as soon as possible, but the Ethereum community will have to wait slightly longer to witness Pectra completely rolled out.

Ethereum Crashes to $2,300 but Analysts See a Massive Rally Ahead

Summary: Ethereum’s price fell to $2,300, a 13% depreciation within a 24-hour period. This decline did not deter experts, though, who think it may revert to $8,000 or even $10,000 within the coming months.

Ethereum’s price was severely hurt and went to $2,300 as Bitcoin dipped below the $90,000 mark upon the United States weekly market open. The quick dip, during which ETH decreased over 13% in just a single day, has stunned traders.

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According to CoinMarketCap, ETH is now trading at about $2,420 after going as low as $2,330 earlier in the day. Although Ethereum hasn’t been able to hit new highs, unlike Bitcoin and some of the world’s leading cryptos that enjoyed record-breaking price rallies late in 2024 and early in 2025, market sentiment has slowly been becoming more positive.

Some analysts believe Ethereum is set to recover well, with some calling for a rally to $8,000. Some traders even foresee ETH bursting past $10,000, cementing its status as a leading player in the DeFi space.

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Now, Ethereum is attempting to recover from its recent downfall, trending against the $2,600 to $2,800 level. But the most important job is to break the $3,000 resistance line before it can sustain with the rest of the market rally.

Bybit Hacker Used Binance for Gas Fees Before $1.4B Heist

Summary: One new twist in the Bybit hack is that the hacker used Binance to fund gas charges just days prior to stealing $1.4 billion from the exchange. This raises questions about who the hacker is and if Binance’s records could be used to find them.

The Bybit hack just got even more interesting. It turns out the attacker used Binance to top up Ethereum for gas fees three days before pulling off the $1.4 billion exploit. This detail was uncovered by blockchain analytics firm Lookonchain, adding a new layer to the investigation.

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The fact that the hacker interacted with Binance means there’s a chance their identity could be traced. Security experts at Beosin are urging Bybit to contact Binance to access KYC (Know Your Customer) data linked to the transaction. If the account is legit, it could be a major break in the case.

That said, there’s a high probability the Binance account was purchased on the dark web meaning fake credentials were used, making it a dead end. Only a police investigation, with cooperation from both Bybit and Binance, can confirm if this lead is useful.

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The hack was particularly on Bybit’s Ethereum cold wallet, which emptied 401,347 ETH. The market repercussions are already being experienced, with the price of Ethereum dipping 6% once the news emerged. Everyone is now waiting for Binance and whether their data can be utilized to track the hacker.

Vitalik Buterin Frustrated with Ethereum’s Growing Casino Culture

Not happy with the direction of Ethereum, according to Vitalik Buterin. He was speaking during an AMA on Tako, where he admitted to be disappointed by the embrace blockchain casinos and memecoins have found in the Ethereum community.

When asked if he ever felt let down by the Ethereum Foundation or crypto in general, his answer was simple: “Of course.” No one was shocked when he spoke of issues ranging from people thinking Ethereum should fully embrace gambling and speculative assets to throwing shade at Solana, which has been flooded with memecoins over the past year.

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Some Ethereum supporters argue that ignoring trends like casinos and meme tokens could make Ethereum lose ground to faster-growing blockchains like Solana. But Buterin isn’t convinced. He believes chasing hype would be a “moral reversal” for Ethereum, and if things keep going this way, he might reconsider his role in the ecosystem.

Despite his frustration, he noticed something interesting. Online, people seem obsessed with casinos and quick-money trends, but when he talks to the community in person, their values haven’t changed. That’s what keeps him from walking away.

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As Ethereum competes with other blockchains, the debate continues—should it chase trends like gambling and memecoins, or stay focused on building meaningful applications?

Ethereum Gas Fees Hit Record Low, Dropping to $0.40

Ethereum gas fees have fallen to their lowest point since July 5 years ago, reaching as low as $0.40 in the last week. It takes about $0.70 for a straightforward swap on Uniswap, while USDT transfer is as cheap as $0.11, based on Etherscan data.

The drop coincides with Ethereum undergoing critical network upgrades like increased gas limits and the inclusion of blob transactions. Lower fees usually mean less congestion, making it cheaper to use the network.

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At the same time, Ethereum’s price has been struggling. ETH is currently trading at around $2,800, down 15% in the past month, according to CoinMarketCap. Some experts see this as a temporary slowdown before a bigger move.

“When Ethereum fees are this low, it usually means the network isn’t overcrowded,” says Santiment, a market analytics firm. “Reducing gas prices is a bearish indicator of waning activity for some, but it also creates a chance for new users to come into the market.”.

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With transaction costs hitting record lows, it’s becoming cheaper to employ Ethereum-based services and applications. While investors see this as a signal that something is off, others believe it could lead to a new wave of adoption and bring new traffic into the network.

Trump-Linked WLFI Buys 200M Tokens Amid Growing Crypto Reserves—What’s the Endgame?

WLFI, a Trump-affiliated crypto project, bought 200M tokens after withdrawing $10M USDC, stacking assets like Bitcoin and Ethereum.

A Trump’s World Liberty Financial (WLFI) multi-signature wallet recently purchased 200 million WLFI tokens after it pulled $10 million USDC from Binance on Feb. 18. This fresh update, covered by On-Chain Lens, adds fuel to the fire surrounding WLFI—a politically connected crypto project.

WLFI has been bringing in the big money, raising $455 million in token sales. The first sale raised $319 million, selling tokens at $0.015 per token, while the second round raised $136 million at $0.05 per token. Despite it having set itself up as a DeFi lending platform, WLFI has not yet launched any real DeFi services, leaving everyone questioning its real use case.

Observers think this isn’t just about crypto—it’s about leveraging Trump’s political power for financial gain. The Trump family controls 75% of token sales revenue, and Justin Sun (founder of TRON) has become the biggest institutional investor, putting in $75 million.

WLFI is stacking assets, holding $327M across various platforms, with big chunks in Bitcoin, Ethereum, and stablecoins. The latest move signals one thing—WLFI is building a massive war chest, but whether it’s for crypto dominance or something else remains to be seen.

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Geth Calls on Ethereum Validators to Upgrade to Latest Version for Network Stability

Geth released an emergency update—validators running v1.15.1 need to upgrade as soon as possible to v1.15.2 or lose block rewards and fee!



Ethereum validators, pay attention—Geth recently released an emergency update! If you’re currently on v1.15.1, you must upgrade to v1.15.2 as soon as possible, or you’ll be missing out on block rewards and transaction fees!.

Why? Turns out v1.15.1 had a critical bug messing with block creation on the Ethereum mainnet. This means validators miss slots, lose rewards, and basically get rugged by their own setup. Not ideal.

The fix? Geth pushed v1.15.2 on February 17, this year, patching the issue and bringing back Discv5 and DNS peer discovery protocols, which help nodes stay connected and functional. These were accidentally disabled in v1.14.9, making this update even more crucial.

Geth devs are not kidding at all. They are seriously saying this update is required if you need to keep your validator running and you’re sure about securing your bag. Delaying can lead to lost ETH, so do not be slow—update as soon as possible.

The whole experience is a reminder that staying updated in crypto is not all hype, it is a survival. Validators, keep your software updated, or lose out in a big way!

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Ethereum Sees $1.1B Stablecoin Surge as Solana Loses Ground

Summary: Ethereum’s stablecoin supply jumped by $1.1 billion in just a week, while Solana saw a $772 million decline. Analysts say Ethereum’s lower gas fees and technical improvements are driving demand for USDT and USDC on the network.

Ethereum is seeing a fresh wave of stablecoin activity, with on-chain data showing a $1.1 billion increase in USDT and USDC supply over the past week. Concurrently, Solana has witnessed a precipitous fall of $772 million, with questions raised regarding changing market trends.

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Ethereum and Solana dominate the stablecoin market to a great extent, but recent patterns indicate Ethereum taking momentum back, as per blockchain analytics platform Lookonchain. The drop in gas fees and continuous improvements in Ethereum’s infrastructure have made it a more attractive option for stablecoin transactions, bringing fresh liquidity back to the network.

Meanwhile, Solana has lost nearly $780 million in stablecoin supply, with no clear explanation.Others believe network stability problems and changing user needs may be pushing funds elsewhere.

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Data from DefiLlama shows Ethereum still leading the stablecoin market with over $122.9 billion in supply, or 54.63% of the total supply. Solana, however, has just 5.15%—around $11.58 billion.

These shifts reflect the constantly shifting nature of crypto markets, in which small fluctuations in cost, speed, and reliability can quickly influence where consumers would rather transact.

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