41m ago
Early Ethereum ICO Participant Sells $60 Million in ETH as Top 1% Increase Holdings to 97.6%
A wallet linked to Ethereum's 2014 initial coin offering transferred $60 million in ETH to exchanges this week, extending a gradual sell-off that started in September. On-chain data shows the top 1% of Ethereum addresses now control 97.6% of circulating supply, up from 96.1% a year ago, reflecting sustained accumulation by large holders during the recent market downturn.
ETH
ETH+0.80%
41m ago
48m ago
Upbit Identifies Wallet Software Flaw During $30M Breach Investigation
South Korean cryptocurrency exchange Upbit discovered a critical vulnerability in its wallet software while investigating a breach that resulted in approximately $30 million in losses. The flaw enabled the generation of predictable cryptographic signatures, theoretically allowing attackers to derive private keys through blockchain transaction analysis. The exchange has patched the vulnerability and committed to compensating all affected users from company reserves.
48m ago
1h ago
BlackRock's Bitcoin ETF Returns to Profit as BTC Rebounds Above $90,000
BlackRock's iShares Bitcoin Trust ETF has flipped back into profitability with $3.2 billion in cumulative gains as Bitcoin rebounded above $90,000. The ETF recorded two consecutive days of inflows totaling $21 million, marking the first such streak in two weeks. Data show the average buy price for IBIT holders now sits near break-even levels, restoring confidence after weeks of pressure from Bitcoin's earlier decline into the mid-$80,000s.
BTC
BTC+0.45%
1h ago