Amid recent pushback over the Ethereum Foundation's role in the ecosystem, Executive Director Aya Miyaguchi will leave the top job.
Last week, Bybit lost over $1.5 billion worth of ETH-based tokens in a malware attack orchestrated by Lazarus Group.
Developers failed to specify the correct smart contract address for Pectra Request Hash Calculations, causing the post-launch disruption and delaying finalization.
Uniswap Labs, the creator behind the largest decentralized trading platform on the Ethereum (ETH) blockchain, announced on Tuesday that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking any enforcement action.
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin (CRYPTO: DOGE) $0.2079 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00001396 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52% and daily active addresses growing by 38.5%.
Investors' sentiment and confidence in Ethereum, the second-largest digital asset appears to be improving in spite of recent troubling market developments that have hamper its market dynamics. Key metrics show a substantial accumulation of ETH, reflecting its position as a leading asset in the ongoing cycle.
The United States Securities and Exchange Commission (SEC) has officially closed its investigation into Uniswap Labs, opting to take no further action according to an update issued by Uniswap.
The Ethereum Foundation has appointed Aya Miyaguchi as president after her tenure as Executive Director. This transition comes amid community controversies and promises of a new leadership structure.
Under President Trump, the U.S. SEC has stopped investigating several crypto and DeFi firms like Coinbase, OpenSea, Robinhood, and now Uniswap Labs.
The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement. The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security.
The SEC dropped its investigation into Uniswap Labs, causing the UNI token to briefly jump while bearish conditions still dominate the market. Despite the volatility, it has been a positive month for the decentralized exchange, as it launched the v4 upgrade and Unichain mainnet this month.
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
The US Securities and Exchange Commission (SEC) is set to drop its case with Uniswap Labs in what is considered a sustained shift in its pro-crypto agenda. According to an update from Uniswap Labs, the investigation into the case comes with no further action.
The platform called the move a “huge win for DeFi” after reports have suggested the SEC may be radically changing its approach to crypto enforcement in 2025.
Coinbase and OpenSea recently had their years-long investigations dropped by the SEC as the agency takes a friendlier approach to crypto.
The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.
This is a segment from The Drop newsletter. To read full editions, subscribe.
The SEC's decision not to pursue action against Uniswap may signal a more cautious regulatory approach towards decentralized finance platforms. The post SEC drops Uniswap investigation without enforcement action appeared first on Crypto Briefing.
TL;DR Aya Miyaguchi will take on the presidency of the Ethereum Foundation after a process lasting about a year, amid criticism of her management. Despite the criticism over her lack of competitiveness and slow progress on scalability solutions, the Foundation and Buterin have highlighted her achievements.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.
Bybit's chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ETH and Lido Staked Ether (stETH) from the crypto exchange last week. Bybit CEO Ben Zhou says the exchange has restored a 1:1 backing on all client assets after the record-setting hack.
Ethereum Foundation (EF) executive director Aya Miyaguchi will step down from her current role and transition into a new position as the foundation's president amid a revamp of its leadership structure. Miyaguchi announced the change in a Feb. 25 statement and said a new governance model is expected soon.
Ethereum Foundation (EF) executive director Aya Miyaguchi will step down from her current role and transition into a new position as the foundation's president amid a revamp of its leadership structure. Miyaguchi announced the change in a Feb. 25 statement and said a new governance model is expected soon.
An Ethereum whale is sitting on $58 million in unrealized profit after shorting ether at $3,220. ith Coinglass data showing cryptocurrency liquidations exceeding $1 billion amid a fresh market crash, many traders faced massive losses.
Miyaguchi shared in a blog post that she will stay at the foundation and serve as its new president.
Ethereum (ETH) was enjoying a rollercoaster ride after bouncing back from its February 3 low of $2,125 and gearing up for a breakout until the recent disaster struck the market. Ether could be headed to recording its worst February performance ever if it remains under the $2,400 price level.
Investors appear to have panicked now that what was initially perceived as a pullback has evolved into a much more concerning retreat.
Aya Miyaguchi will transition from her role as Executive Director to President of the Ethereum Foundation, marking a leadership change within the organization.
What's next for altcoin season amid sluggish ETH price action and stubborn BTC dominance?
Miyaguchi has drawn ire in part due a perceived lack of competitiveness and failure to steward Ethereum's scaling solutions.
Aya Miyaguchi's presidency may enhance Ethereum Foundation's global influence and strengthen its decentralized ethos, fostering innovation. The post Aya Miyagotchi to become president of Ethereum Foundation appeared first on Crypto Briefing.
Nums, a sequential game built off of Starknet's technology, is the first layer-3 to settle on the network.
It's a blood-red Tuesday across the crypto markets.
The Bybit hack, one of the largest in crypto history, saw $1.5 billion in Ethereum stolen through what appears to be a sophisticated phishing attack. Unlike traditional exchange breaches that involve compromising backend keys—such as hot, warm, or cold wallet private keys—this incident unfolded in a highly unusual manner.
The Pectra upgrade, a significant enhancement to the Ethereum network, was activated on the Holesky testnet on February 25 at 4:55 pm ET. The post Major Ethereum Upgrade Pectra Goes Live on Holesky Testnet appeared first on Cryptonews.
After the $1.7 billion Ethereum (ETH) heist from the Bybit cryptocurrency exchange, the overall cryptocurrency market experienced a significant price drop. However, it now appears that Bybit is once again accumulating ETH to continue its operations. Bybit Buy Back Ethereum Worth $87.
Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH.
CryptoQuant data shows Bybit's ETH inflows surged post-hack as it averaged 1.2K ETH per transaction, owing to large entities supporting liquidity recovery.
Ethereum, the second largest cryptocurrency by market capitalization, could be heading for its worst February, with prices already down 23% this month. Historically, February has been bullish for ETH, with only one red month in 2018.
Ethereum (ETH) price dropped below $2,500, recording an 11% drop over the past 24 hours. ETH must hold $2,600 to prevent further downside.
The cryptocurrency market plunged on Feb. 25, 2025, with altcoins suffering outsized losses amid economic uncertainty fueled by President Donald Trump's tariff policies. At press time, the crypto economy stands at $2.91 trillion, down more than 6% over the last day.
Now other tests will follow on other testnets until all issues are resolved.
TL;DR Testnet failure: Ethereum's Pectra upgrade failed to finalize on Holesky testnet due to execution client bugs. Continued testing: The next phase of testing is scheduled for March 5 on the Sepolia testnet to resolve issues before mainnet deployment.
Ethereum's price trajectory has taken a sharp downturn, with technical analysis showing a possible crash to $2,000. Crypto analyst SwallowAcademy pointed out on the TradingView platform that some bearish signals are forming in smaller timeframes, especially as buyers have failed to maintain a key support zone at $2,700.
The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.
Bybit has returned the 40,000 Ethereum loan, valued at roughly $99.98 million, obtained from Bitget following the recent $1.4 billion security incident. Blockchain analysis platform Lookonchain reported that the repayment occurred on Feb. 24, with Bybit transferring the funds from its cold wallet back to Bitget.
Ethereum has faced multiple rejections at its resistance level over the past two weeks, intensifying selling pressure and pushing it towards its support zone in recent hours. ETH is in an oversold zone according to the RSI, indicating high bearish pressure with the possibility of a technical rebound.