Author: Michael Johnson
Attacker gained admin access six days before attack. Borrowed $2.64 million after minting fake collateral tokens. Hacken urges real-time AI monitoring for DeFi wallet security. The decentralised finance sector has once again been shaken by a major exploit—this time targeting CrediX. The project reportedly lost $4.5 million following an attack enabled by a private key compromise and governance access flaws. The attacker bridged funds across networks, exploited administrative access, and drained the CrediX Pool using minted collateral tokens. The incident has added to mounting concerns over the security of multisig wallets, which have accounted for most of the $3.1 billion…
Thanks to Marius Van Der Wijden for creating the test case and statetest, and for helping the Besu team confirm the issue. Also, kudos to the Besu team, the EF security team, and Kevaundray Wedderburn. Additionally, thanks to Yuxiang Qiu, Justin Traglia, Marius Van Der Wijden, Benedikt Wagner, and Kevaundray Wedderburn for proofreading. If you have any other questions/comments, find me on twitter at @asanso tl;dr: Besu Ethereum execution client version 25.2.2 suffered from a consensus issue related to the EIP-196/EIP-197 precompiled contract handling for the elliptic curve alt_bn128 (a.k.a. bn254). The issue was fixed in release 25.3.0. Here is…
Community & educationAccount Abstraction Afterhours – Season 2Mirko Garozzo & Francesco AndreoliProducing educational videos with thought leaders in the account abstraction ecosystem, with Season 2 focusing on the application layer and how dapps are using account abstraction.Community & educationACM Conference on Economics and Computation (EC)Scientific conference on advances in theory, empirics, and applications at the interface of economics and computation.Community & educationA General Forum on Ethereum Localism (GFEL): Boulder 2025OpenCivicsEvent in Boulder, USA that explored Ethereum’s real-world use cases in the realm of social impact and public goods through talks, unconference sessions, and a quadratic funding allocation to local community…
ETH derivatives show weak momentum despite strong ETF inflows. Ethereum’s network activity and TVL continue to decline. Technical analysis hints at long-term upside, but traders stay cautious. Ethereum (ETH) has seen a strong price surge in recent weeks, gaining more than 54% over the past month and trading at around $3,755 at press time. However, despite this rally and strong spot ETF inflows, derivatives market data paints a very different picture, casting doubt on whether Ethereum can break through the psychologically significant $4,000 level any time soon. In essence, the disconnect between bullish institutional inflows and weak derivatives metrics raises…
Yesterday Ethereum turned 10. Today, lean Ethereum is unveiled as a vision—and personal mission—for the next 10 years. We stand at the dawn of a new era. Millions of TPS. Quantum adversaries. How does Ethereum marry extreme performance with uncompromising security and decentralization? TLDR: next-generation cryptography is central to winning both offense and defense. Disclaimer: This is a Drake take™ aimed at a broad audience. A technical deep dive into hash-based post-quantum signatures and SNARKs will follow. A healthy diversity of views across Protocol, the EF, and the broader Ethereum community is expected and welcome. It strengthens us. defense—fort mode…
On July 30, 2025, the Ethereum community marked a major milestone: ten years since the Ethereum’s genesis block and mainnet launch. What began as a whitepaper has evolved into a decentralized platform now powering thousands of applications, tools, and communities around the world. The Celebration To commemorate the occasion, over 100 ecosystem-led events took place across 6 continents. These gatherings spanned meetups, workshops, art shows, and hackathons, all organized by members of the Ethereum community. The Ethereum Foundation hosted a livestream event to welcome in the next decade. The livestream featured a discussion with Ethereum co-founders Vitalik Buterin and Joseph…
US SEC has approved “in-kind” redemptions for Bitcoin and Ether ETFs, allowing direct BTC/ETH share creation. This move aligns US policy with Hong Kong, which has allowed in-kind redemptions for its crypto ETFs since their launch. SEC Commissioner Mark Uyeda had previously criticized the initial cash-only approach, calling it a “troubling precedent.” In a significant move that brings US policy more in line with international standards, the Securities and Exchange Commission (SEC) announced on Wednesday that investors are now permitted to use “in-kind” redemptions for Bitcoin and Ether exchange-traded funds (ETFs). This decision allows institutional traders to create and redeem…
Ethereum is the most secure blockchain ecosystem. This is the result of 10 years of progress and iteration across every level of Ethereum’s technology stack, from wallet UX to developer tooling to consensus protocol security. But being the most secure platform in the crypto ecosystem isn’t enough. Ethereum’s ambition is far greater: to be civilization-scale infrastructure that securely underpins the internet and global economy, surpassing the safety and trustworthiness of the world’s legacy systems. Today we are announcing the Trillion Dollar Security initiative, an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain. Reaching “Trillion Dollar security”…
DOGE tests key support as technical setups suggest imminent breakouts. A closing above $15 might propel INJ prices to $30. ETH targets $4,000 psychological mark amid increasing institutional interest. Cryptocurrencies flashed bearish tendencies in the past 24 hours. With most tokens approaching critical price levels, analysts have shifted attention to digital assets ready for significant rallies amid reversals. This article checks how Ethereum is setting the tone for an altcoin season as Dogecoin and Injective display key short-term price actions. Dogecoin resilience after double-bottom breakout The original meme token remained on investor radar after landing key utility on Gemini’s derivatives…
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-5 weeks, depending on what’s happening in core development. See the previous update here. tl;dr Core developers are focused on getting Fusaka out the door and choosing the headline feature(s) for the following upgrade, Glamsterdam. Discussions are ongoing and stakeholder feedback is being solicited. Gas limit increases and history expiry have both been delivered! Fusaka Fusaka will deliver cheaper L2 transactions and more data availability. Developers were already fast-tracking the upgrade to ship PeerDAS and it’s now…