Balancer Community Proposes Hack Fund Distribution

Today in crypto: The Balancer community has proposed a plan to distribute funds recovered from the protocol’s recent hack. South Korea’s largest exchange, Upbit, halted deposits and withdrawals after detecting about $36 million in unauthorized transfers from a Solana hot wallet. Meanwhile, BitMine chair Tom Lee appears to have quietly stepped back from his $250,000…

ETH Futures Surge Against BTC As Traders Eye $3.4K

Ethereum (ETH) traders are quietly rotating back into leverage, with fresh futures data signaling a major shift in market positioning as ETH approaches a critical technical zone. Key takeaways: Ether leads all major crypto assets in the futures-to-spot ratio, with the current rating at 6.84. Derivatives traders are reallocating risk into ETH while Bitcoin shows…

Strategy Supporters Say JPMorgan’s BTC Product Biases It against DATs

Members of the Bitcoin community and supporters of Strategy, the largest corporate holder of BTC, are criticizing JPMorgan’s proposed Bitcoin-backed notes, accusing the bank of spreading fear, uncertainty and doubt about Strategy and other crypto treasury firms. JPMorgan’s notes are a leveraged investment product tied to the price of Bitcoin (BTC). The product tracks BTC…

Avalanche ETF Race Heats Up as Bitwise Becomes First to Add Staking

Bitwise moves its Avalanche ETF closer to market with updated SEC filing and becomes first issuer to include staking. Source link

Trump-Linked Alt5 Sigma Treasury Company Dumps CEO, COO

ALT5 Sigma, a crypto treasury company with ties to US President Donald Trump, replaced CEO Jonathan Hugh and cut ties with chief operating officer Ron Pitters in November as part of a broader leadership overhaul. Tony Isaac, the president of ALT5 Sigma and a member of the company’s board of directors, has been appointed as…

How blockchain upgrades start: From idea to proposal

Blockchains do not stand still. Fee markets shift, validator sets evolve, and new modules arrive to handle everything from privacy to crosschain messaging. Behind each of those changes sits a simple starting point: an idea that someone cared enough to write down. Cointelegraph Decentralization Guardians (CTDG) was created to give those ideas a more reliable…

Ethereum Validators Push Gas Limit to 60M in Major Capacity Boost

Ethereum crossed a threshold in execution capacity as its mainnet block gas limit reached 60 million, the highest level the network has seen in four years.  Data tracker Gas Limit Pics showed that in November, over 513,000 validators signaled a 60 million gas limit, pushing the Ethereum network over the threshold needed for the protocol…

Upbit Exchange Suffers $36M Hot Wallet Exploit

Today in crypto: South Korea’s largest crypto exchange Upbit halted deposits and withdrawals on Thursday after spotting about $36 million in unauthorized transfers from a Solana hot wallet, BitMine chair Tom Lee appears to have quietly backed away from his $250,000 year-end Bitcoin prediction, and Bolivia has moved to integrate crypto and stablecoins into its…

Is the SOL price recovery done for now?

SOL’s (SOL) recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch. Key takeaways: Solana TVL drops 20% in November, with a 16% decline in network fees, signaling weak network demand. SOL’s bear flag projects a deeper price correction to $100. SOL recovery at risk amid weak onchain…

Upbit Exchange Suffers $36M Hot Wallet Exploit

Today in crypto: South Korea’s largest crypto exchange Upbit halted deposits and withdrawals on Thursday after spotting about $36 million in unauthorized transfers from a Solana hot wallet, BitMine chair Tom Lee appears to have quietly backed away from his $250,000 year-end Bitcoin prediction, and Bolivia has moved to integrate crypto and stablecoins into its…