Ethereum Developer Targeted in Supply Chain Attack via Malicious VS Code Extension

Ethereum core developer Zak.eth became a victim of a malicious supply chain attack after installing a compromised Cursor/VS Code extension named “contractshark.solidity-lang.” The extension, which appeared legitimate with over 54,000 downloads and a professional listing, accessed Zak’s .env file and sent his private key to an attacker’s server. Funds were drained three days later, though strict operational security limited losses to only a few hundred dollars.

The attack exploited developer trust in official registries, misspelt names, and large download counts, bypassing OS-level malware detection using JavaScript. Zak noted warning signs he overlooked, including the absence of a linked GitHub repository and unusual publisher names. The breach is part of a wider $500,000+ theft campaign targeting developers.

Zak.eth has since revamped his workflow, relying on isolated virtual machines, hardware wallets, encrypted vaults, and an extension whitelist to prevent future attacks. Security experts emphasize auditing installed extensions, avoiding plain-text secrets in .env files, and cautious development practices in isolated environments.

This incident underscores the persistent vulnerability of even security-conscious developers to supply chain attacks. As Zak concluded, “Good OpSec saved me from disaster. Paranoia paid off.” Developers worldwide are urged to reassess their toolchains and implement stronger safeguards.

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Ethereum Eyes $4,811 as ETF Inflows Smash Records and Inflation Cools

Ethereum surges 5.4% to $4,409 as cooling U.S. inflation sparks ETF inflows over $1B, with analysts targeting $4,811 amid technical breakout momentum.

ETH ETF Inflows Drive Price Towards $4,811

Ethereum is riding a bullish wave as U.S. inflation data and record ETF inflows push the crypto closer to its next big price milestone. July’s Consumer Price Index rose 2.7% YoY, slightly below the 2.8% forecast, boosting the odds of a September Fed rate cut to 82.5%. That macro optimism has lit up risk assets — and Ethereum is soaking it in.

As of now, ETH trades at $4,409.12, up 5.4% in the last 24 hours, with a hefty $47.9B in trading volume. The real kicker? U.S. spot Ethereum ETFs pulled in over $1 billion on August 12 alone, led by BlackRock’s ETHA smashing a $639M single-day record. Total ETH ETF AUM hit $19.2B, a 58% monthly surge.

Ethereum ETF Inflows Signal Big Moves Ahead

Crypto analyst Javon Marks points out ETH has rallied 261% since breaking a long-term resistance, now aiming for $4,811.71 — just under 10% higher from here. The breakout follows a recovery from the brutal 2022–2023 downtrend.

But the rally isn’t without risk. On-chain sleuth Spot On Chain spotted the Infini Exploiter selling 1,771 ETH for $7.44M DAI, and the Radiant Capital Exploiter offloading 3,091 ETH for $13.26M DAI. Both still hold large stolen stashes.

With macro tailwinds, ETF demand, and bullish charts, Ethereum’s path to $4,811 looks solid — as long as whales and hackers don’t rock the boat.

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Breaking Ethereum :Samson Mow 1stly Claims “No One Wants ETH in the Long Run”

Samson Mow Doubles Down on Ethereum Skepticism

Samson Mow, CEO of Bitcoin adoption firm JAN3, has stirred up the crypto community with his blunt take: “No one wants ETH in the long run.” In an X post, Mow alleged that many major Ethereum holders are actually long-time Bitcoin investors rotating their BTC into ETH to pump prices with fresh narratives only to dump Ethereum later and rotate profits back into BTC.

According to Mow, this cycle leaves new investors as “generational bagholders,” especially when psychological resistance near Ethereum’s all-time highs triggers mass profit-taking. He called this the “Bagholder’s Dilemma,” warning traders to plan their moves carefully.

Samson Mow Ethereum Debate Heats Up

Not everyone agrees. ETH advocate Anthony Sassano dismissed Mow’s claims as “old-school Bitcoin maxi rhetoric” and argued such skepticism often signals bullish momentum for Ethereum.

Investor Ted Pillows offered a middle ground—predicting ETH could continue rising, sparking a mini altseason, before money rotates back into Bitcoin and potentially pushes BTC toward $140,000.

Market data shows ETH’s dominance has slipped 10% since late June, despite strong institutional interest and DeFi growth. Yield farming, lending protocols, and higher total value locked (TVL) are pulling users back into the ETH ecosystem, noted Nick Ruck of LVRG Research.

At press time, ETH was trading at $4,299.39 while BTC hovered at $122,003, per CoinGecko. The next few weeks could reveal whether ETH’s rally has lasting power or if another capital rotation back to Bitcoin is imminent.

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Insane ! Strategic Ethereum Reserve Hits 3 Million ETH Worth $13B as Adoption Grows

Strategic Ethereum Reserve Reaches $13B Milestone

The Strategic Ethereum Reserve (SER) has officially crossed the 3 million ETH mark—valued at roughly $12.83 billion—cementing its role as one of the biggest collective Ethereum holdings in the world. That’s about 2.78% of all ETH in circulation.

Strategic Ethereum Reserve Attracts Big Names

Launched to encourage organizations to hold ETH as part of their balance sheets, the SER’s approach mirrors Michael Saylor’s Bitcoin strategy at MicroStrategy. Currently, the reserve has 64 participants, ranging from crypto-native DAOs like Gnosis and Lido to public companies such as Bit Digital and BTCS Inc. Even governments are involved—the U.S. Government holds 59,965 ETH, while Bhutan has 495 ETH in the reserve.

This mix of public companies, DAOs, and state entities shows just how far Ethereum’s reputation has come—not just as a blockchain for apps, but as a yield-bearing, internet-native asset with serious staying power.

ETH’s price is also enjoying a bullish wave. Up more than 17% in the past week, Ethereum is now trading around $4,175 according to CoinMarketCap. The rally comes ahead of the much-anticipated Fusaka upgrade and is being fueled, in part, by the SER’s accumulation strategy, which is tightening ETH’s circulating supply.

If the momentum continues, Ethereum’s position as a key strategic asset could become even harder to ignore.

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SharpLink Gaming to Raise $400M More, Boost Ethereum Holdings Beyond $3B

SharpLink Gaming announced plans to raise an additional $400 million by selling shares directly to five major global institutional investors. This move will significantly boost the company’s Ethereum holdings, pushing their total value beyond $3 billion.

As of August 10, 2025, SharpLink already holds about 598,800 Ether (ETH) and has $200 million from a previous fundraising round that remains unused. Earlier on August 8, the company secured $200 million in stock deals at $19.50 per share with four large institutional investors, aiming to increase its ETH holdings above $2 billion.

Co-CEO Joseph Chalom emphasized that raising nearly $900 million in one week showcases strong investor confidence in SharpLink’s strategy of holding Ethereum. He highlighted growing market belief in Ethereum’s potential to disrupt industries worldwide.

The new $400 million deal is priced at $21.76 per share and is expected to close on August 12, 2025, pending standard regulatory approvals. The offering is conducted under a U.S. SEC-approved registration.

SharpLink’s shares (SBET) recently closed at $23.92, with after-hours trading pushing prices higher. At the same time, Ethereum trades near $4,183, reflecting a market cap of over $504 billion.

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Ethereum Price Eyes $4,350 as Bulls Defend $4K Support — Key Levels to Watch

Ethereum (ETH) is riding a wave of bullish momentum, surging 3.46% in a single day to briefly touch $4,045 before facing a minor pullback. The second-largest cryptocurrency now stands firm above the key $4,000 psychological mark, sparking optimism among traders and investors.

The $4,045 level is a crucial resistance zone, previously acting as a strong barrier during the market correction in late 2024. Should ETH sustain above $4K, immediate support levels lie at $3,760 and $3,500, offering potential entry points for bullish traders in case of a dip.

Technical indicators signal a strong uptrend. The Relative Strength Index (RSI) sits at 69.01, approaching overbought territory but still reflecting robust buying pressure. Meanwhile, the MACD line (183.98) remains above the signal line (175.01), reinforcing bullish sentiment despite ongoing volatility.

If Ethereum breaks above $4,050, the next target could be $4,350 in the coming week. However, failure to hold $4K might trigger a swift correction toward $3,760. In this pivotal moment, market participants are closely watching whether ETH will extend its rally or face a short-term reversal.

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Bitcoin($120K?), Ethereum & XRP Set for Bullish Breakout Next Week? Price Predictions Inside

Bitcoin reclaims $117K, Ethereum eyes $4.3K, and XRP jumps 13% as bulls return. Will this bullish momentum hold into next week?

Bitcoin Price Prediction: Can BTC Hit $120K Next Week? Ethereum & XRP Join the Rally

The crypto bulls are back in action 🔥. After weeks of sideways chop, Bitcoin, Ethereum, and XRP have finally broken out of key resistance levels — and the charts are looking 🔥 for a bullish continuation next week.

Bitcoin Aims for $120K

Bitcoin has reclaimed the $116K zone and hit a 24H high of $117,689, pushing toward its next key target at $120,000. The MACD indicator on the daily chart shows a possible Golden Cross incoming, which could signal sustained buying pressure.

BTC dominance sits strong at 60%, and the asset trades just 6% below its ATH of $123,091. If the bullish momentum holds, BTC could surge past $117.5K and test upper resistance soon. However, key supports rest at $115,000 and $110,485 if sentiment cools off.

Ethereum Eyes $4.3K

Ethereum (ETH) is also making waves — bouncing back hard from a near breakdown and shooting up 9% in just 6 days. Currently trading around $3,983, ETH could hit $4,350 if it breaks above immediate resistance at $4,042. The RSI at 67.62 shows growing market strength, though any pullback could see it retest $3,850 or $3,760.

XRP Rockets 13% in a Week

XRP is trending again 📈. After reclaiming the $3 level, it surged 13% this week and could soon push toward $3.50 if bulls hold the line. The Bear Bull Power (BBP) indicator suggests major inflows — though profit-taking could drag it down to $3.25 or $3.00.

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Breaking ! Ethereum Forms Bull Pennant as Daily Transactions Hit #1 Record High

ETH’s Lighting Up Daily Activity Explodes Ahead of Possible $5K Breakout

Ethereum’s mood today is electric. Not only is ETH up by a solid ~5%, it’s forming a classic bull pennant pattern while daily transactions hit fresh all-time highs.

Ethereum Sets Up for a Breakout

Coin World reports that Ethereum is showing a bull pennant on its daily chart a consolidation formation after a huge rally from under $2K to above $3.6K. If ETH can hold above $3,800–$3,900 with strong volume, it could be primed for a moonshot toward $5,000.

Meanwhile, network engagement has gone through the roof. Daily transactions recently averaged between 1.74 million and 1.87 million, nearing the all-time high of 1.96M thanks to surges in DeFi usage, stablecoin transfers, and institutional flows.

Layer all this on a 5% price gain (ETH now hovering around $3,806), and you’ve got institutional confidence and active demand rallying behind the rally.

Network activity is blazing, technical patterns hint at a breakout, and institutional demand is ramping up Ethereum is looking bullish. Just watch if it can hold key levels and break that pennant threshold.

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Ethereum Drops 6% to $3,630 After Rally – Will $4K Break or Trigger a Correction?

Ethereum (ETH) has dropped 6% in 24 hours, falling to around $3,630, according to CoinMarketCap. The decline follows a powerful 50% rally in July, Ethereum’s strongest monthly performance in three years. Traders had expected continued momentum, fueled by spot ETH ETF inflows and growing corporate reserves, but the $4,000 resistance proved too strong.

ethereum

ETF holdings grew to $21.85 billion, and institutional reserves passed $10 billion, yet market sentiment flipped bearish near a key supply zone above $3,800. Crypto analyst Crypto Fella points out that ETH broke several resistance levels from $2,600 to $3,500, but the $4K mark remains a crucial barrier.

If ETH fails to break above $4,000, it could slide back to the $3,300–$3,500 range. However, holding above $2,900 keeps the bullish structure intact.

Analyst Merlijn The Trader sees similarities with Ethereum’s 2021 bull cycle, predicting a potential breakout toward $8,000–$11,000 if the pattern repeats. The market is at a tipping point—a breakout could trigger a mega rally, while rejection may spark a short-term correction.

With ETFs expanding and institutional demand rising, Ethereum’s next move could define the rest of 2025.

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Breaking ! Ethereum Transactions Surge 70% as Network Hits 18-Month High

Ethereum’s Back: Daily Transactions Soar as DeFi Gets Lit Again

ETH is heating up again. The OG smart contract platform just clocked a 70% month-over-month spike in network transactions, according to Etherscan. This activity explosion comes alongside a price pump ETH went from $1,800 in April to nearly $3,915 in July. That’s a 120% gain, btw.

Average daily Ethereum transactions were around 1 million back in January 2025. Fast-forward to July, and that number hit 1.82 million per day the highest since early 2024. The trend? 🔼 Definitely up.

Why ETH Activity Is Going Crazy Right Now

So what’s driving the hype? A few things:

  1. DeFi’s back, thanks to clearer crypto regs especially around stablecoins.
  2. Institutional FOMO is real. Firms like BitMine, SharpLink, and The Ether Machine are now holding over $10B in ETH reserves. Big wallets = big moves.

Still, Ethereum’s not topping the charts just yet. According to Artemis, Hyperliquid L1 is crushing it with 847 million daily transactions (yeah, million). Internet Protocol and Solana are second and third, while Ethereum is currently ranked 18th. Ouch.

Other next-gen chains like Sei, Near, Sui, and Aptos and even L2s like Base and Arbitrum are pushing Ethereum to level up or get left behind.

But with ETH back on the radar, expect more fire ahead.

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