Author: coinadrenaline
BlackRock Inc., the world’s largest asset manager with over $11.5 trillion in assets under management, is preparing to launch a spot Bitcoin exchange-traded product (ETP) in Europe, according to a report from Bloomberg. The fund is expected to be based in Switzerland and BlackRock could begin marketing it as early as this month, sources familiar with the matter told Bloomberg. Though, at the time of writing, a BlackRock representative declined to comment on the matter.This listing would mark yet another step in BlackRock’s international expansion of its Bitcoin-related offerings, as the firm has already launched spot Bitcoin ETFs in both Canada…
The 2025 Ethereum Foundation internship applications are open! Both research and development teams have open positions. Applications close on December 9, 2024. The Ethereum Foundation is running its first formal summer internship program in 2025 aimed at nurturing the next generation of Ethereum developers and researchers. Interns will work alongside EF teams and, with the help of dedicated mentors, contribute directly to core projects in key areas such as protocol security, account abstraction, scaling research, client development, and more. For example, a past intern worked on MEV smoothing research before eventually joining the EF full time. Who is this for?…
The brand-new native token of a layer-1 blockchain focused on intellectual property (IP) has skyrocketed by 164% in price in its first week of existence. Story (IP) launched on February 13th at the listing price of $2.26 and is now trading at $5.98 at time of writing. It’s already the 71st-largest crypto asset by market cap and has surged by nearly 120% in the past 24 hours alone. Story is a scalable intellectual property solution that aims to serve as a blockchain where rights holders can upload IP, set the terms of use and monetize it throughout the protocol’s application…
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange Commission’s (SEC) decision to withdraw its lawsuit against Coinbase, CEO Brian Armstrong addressed the situation, explaining why […]
Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The launch date was disclosed on February 13 during the All Core Developers Execution (ACDE) Call #205. According to Tim Beiko, Ethereum Foundation Protocol Support Lead, the Pectra upgrade will first go live on the Holesky testnet on February 24 and Sepolia on March 5. On April 8, the upgrade will be completed when Pectra is activated on Ethereum’s mainnet. The increase of Ethereum’s blobspace from three to six blobs in each block is among the most important improvements in Pectra. By doing this, Layer…
North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s Lazarus Engineered History’s Largest Cryptocurrency Theft The Lazarus Group, a cybercrime unit linked to North Korea’s Reconnaissance General Bureau, leveraged advanced tactics to breach Bybit’s […]
In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet. The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s Lazarus Group According to Bybit, the breach occurred during a transfer from their ETH multisig cold wallet to a warm wallet. The exchange revealed on social media platform X (formerly Twitter) that the attack was executed through a “sophisticated manipulation” of the transaction process. This…
The crypto market is paying attention to a massive Dogecoin (DOGE) transaction. A whale transferred 100 million DOGE, or about $25.42 million, to Binance. The move has raised questions about whether a sell-off is about to happen or if this is just another typical shift in holdings. Whale Activity Sparks Concerns When a major cryptocurrency holder moves a sizable amount of their holdings to an exchange, it usually means they want to sell. The price of DOGE may drop as a result, which would cause smaller investors to react. However, cryptocurrency expert Ali Martinez noted a decline in whale activity…
The son of the current President two days ago on Twitter told people it’s time to add Ethereum to their balance sheets. It is mind blowing to see this, given what this cycle represents for Ethereum. For years people have been predicting the outcome we are seeing play out this cycle. Ethereum’s dominant use case has been as a platform for issuing other assets, and building applications focused on assets other than ether itself. This becoming the dominant use of the network has obvious implications for the necessity of the Ethereum network itself to operate these other applications and assets.…
The Protocol Security Research Team and the Ecosystem Funding Initiative at the Ethereum Foundation are pleased to announce the launch of the first Ethereum protocol Attackathon with a reward pool of $1,500,000, hosted by Immunefi. The attackathon runs between November 25th and January 20th and aims to enhance the security of the Ethereum protocol through a large-scale crowdsourced security audit competition. We invite the entire Ethereum community — from auditing firms to individual security researchers — to participate in this important event to help secure the Ethereum Protocol. You can get started on your journey into understanding the Ethereum Protocol…