Eth

Regulatory clarity may provide a boost for DeFi projects.

ETH needs to drop another 19% to trigger the first liquidation.

The upgrade was pushed out on Monday, but it wasn’t entirely clear why the test network was not finalizing.

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.

The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.

“At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto,” company CEO Gracy Chen told CoinDesk.

I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.

A portion of staked ether is currently being liquidated on decentralized exchanges.

Investors pivot to ether ETFs as Ethereum’s impending Pectra upgrade is expected to bode well for cryptocurrency.