The curious case of FTX and the hacker that holds ETH worth $300 million 

Ever since news around the FTX exchange started doing rounds, the entire cryptocurrency market was crippled with FUD. With each passing day, authorities are discovering shocking facts around SBF and the exchange. As of 19 November, PeckShieldAlert posted a tweet, which stated that the main cryptocurrency wallet associated with an FTX drainer held 250,735.1 Ethereum … Read more

Deribit hackers move stolen ETH to this service because…

Barely a week after carrying out an exploit on Deribit‘s hot wallet, the perpetrators of this hack moved a portion of the stolen funds into Tornado Cash, the Ethereum mixer service. Decoding the Deribit hack Deribit, a Netherlands-based crypto-exchange, reported the exploit on its hot wallet on 2 November. The actual hack was carried out … Read more

As exchanges gear up for Merge, is there a new token on the way

The Ethereum [ETH] Merge scheduled for next month is arguably the hottest topic in the crypto industry right now. Investors, institutions, and even regulators are expected to keep a close eye on ETH. This is due to the expected transition to the energy-efficient proof-of-stake (PoS) model. Exchanges gearing up Crypto exchanges including Coinbase, Binance, Uniswap, … Read more

What does Ethereum’s Buterin think about ‘underrated’ crypto-payments

Ethereum co-founder Vitalik Buterin recently tweeted that cryptocurrency payments are superior because of censorship resistance and convenience. This change has given a significant boost to international businesses, charities, and payments within countries, he added. People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they’re so … Read more

Coinbase introduces Wrapped Staked ETH: Here’s what you need to know

Popular crypto-exchange Coinbase announced on Wednesday the release of cbETH, its new wrapped and staked Ethereum ERC-20 token. The timing of this announcement is interesting, especially with the Ethereum Merge now on the horizon. “Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents ETH2, which is ETH staked through Coinbase. cbETH can be … Read more