Ethereum Foundation Shuts Down Protocol Support Team After Half-Decade Run
Key Highlights
Protocol Support team at Ethereum Foundation officially disbanded after half a decade of operations.
Team facilitated critical network upgrades, developer conferences, and proposal advancement processes.…
Hackers use SpaceXAI, Starlink X accounts to pump SCATMAN: Token crashes 98%
Attackers are increasingly using trusted social media accounts to fraudulently sell tokens to users. This pattern resurfaced on the 13th of July, when hackers compromised verified SpaceXAI and Starlink X accounts to promote the SCATMAN…
Thailand Central Bank Audits USDT Amid Gray Money Crackdown
Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray money” in the country.The Bank of Thailand is working with the Kingdom’s Securities and…
Musk’s SpaceX and Starlink Hijacked as ‘SCATMAN’ Memecoin Rockets to $32M on…
Key TakeawaysHackers used SpaceXAI and Starlink X accounts on July 12 to push SCATMAN, which hit a $32M market cap.Lookonchain says the attacker dumped 10 trillion tokens across two wallets for 73.7 ETH, roughly $135,000.Robinhood Chain,…
Ether rises 3% on tokenization and Robinhood Chain momentum but faces $1,800 resistance amid weak…
Ether (ETH) price gained 3% between Thursday and Friday, outperforming the broader crypto market. The move ties to growing tokenization, Robinhood Chain’s success, and ongoing corporate treasury purchases. However, ETH failed to break above…
Ethena price prediction: Will the $0.08 zone keep ENA’s recovery alive?
Ethena has been moving upward since the 8th of July. The altcoin has made a 14.11% move from the $0.072 low on that day to the current market prices of $0.082 after reclaiming the short-term resistance zone at $0.08. However, the token…
Senate Democrats Call for Hearings into Trump’s Ties to Crypto Amid CLARITY Act Discussions
Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday…
Secret Network Loses $4.67M in Infinite Mint Exploit
An attacker has used an “infinite mint” bug in a vulnerable smart contract on the Secret Network to create unbacked, wrapped versions of Axelar-wrapped assets, resulting in a $4.67 million exploit. The exploit happened on June 10 but was…
Oracle Exploit Drains $9M From Bonzo Lend on Hedera
Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited.In a preliminary incident report…
Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds
TLDR:
Ethereum’s annual electricity use now stands at 7.87 GWh, down over 99.9% from pre-Merge levels.
CCAF audited 8,522 physical nodes, finding a network-weighted average of 105 watts per node.
The US, Germany, Finland, and…