Ethereum Foundation Co-Executive Director Hsiao-Wei Wang Steps Down
TLDR:
Hsiao-Wei Wang resigns as Ethereum Foundation co-executive director, effective Thursday this week.
Both co-executive director roles are now vacant after Tomasz Stańczak’s earlier departure.
At least eight senior Ethereum…
Crypto Industry Looks to Stablecoin and DeFi Revisions in MiCA 2.0
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets…
Taiko Bridge Exploited for Up to $1.7M in DeFi Hack
Taiko, an Ethereum layer-2 blockchain, has urged its users to withdraw assets from the network’s bridges after an exploit on one of its bridge protocols saw attackers make off with $1.7 million in the latest decentralized finance hack this…
Dash Weighs Philippine Entry as Crypto Firms Navigate Regulation
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Former Ethereum Foundation Contributor Warns of ‘Slow-Burning’ Funding Crisis
Former Ethereum Foundation contributor Trenton Van Epps warned that Ethereum is facing a core development funding crisis that will highlight the need for new funding sources in the next three to nine months.The former contributor wrote in a…
Bitcoin Bulls Change The Trend: Is $80K Next?
Key points:Bitcoin sellers are defending the $80,000 level, but the shallow pullback suggests the bulls are not closing their positions in a hurry.Several major altcoins continue to face selling near overhead resistance levels, restricting…
Why Polygon’s 7.95M transactions surge could fuel POL’s next rally
Polygon gained 5% in the past 24 hours before slightly retracing as of writing. The daily trading volume is around $50 million, with liquidity increasing from a volume-to-market-cap ratio of 5.44%.
The main driver of this resurgence in…
MEV Bot Jaredfromsubway.eth Exploited For $7.5M
One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of millions over the years.…
Jaredfromsubway exploited, Philippines backs RWAs
Today in crypto, one of Ethereum's most notorious MEV bots, Jaredfromsubway.eth, was exploited for more than $7.5 million in a sophisticated attack that was in the works for several weeks. Meanwhile, the Philippines' securities regulator…
2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum
Key Takeaways: Clawbank and Shodai executed the first AI-to-AI Ricardian contract, binding legal prose to Ethereum code. Shodai’s smart contract paid out automatically when 1 milestone condition was accepted by the AI counterparty.…