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Bitmine has quietly loaded up on Ethereum. Over the past few weeks, the company bought 2.6 million ETH during market dips, pushing its crypto treasury to a massive $10.9 billion. This was not a one-time splash, but a series of buys timed when prices were low. While others were panicking or sitting on the sidelines, … Read more
Key Takeaways Ethereum’s validator exit queue surged from 617,000 ETH to 2.6 million ETH within a week. A validator exit queue is formed when stakers want to withdraw their 32 ETH deposits from Ethereum’s proof-of-stake system. Share this article Ethereum’s validator exit queue surged to over 2.6 million ETH this week, up from around 617,000 … Read more
Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In a post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other … Read more
DeFi protocol Morpho Labs has confirmed its frontend is secure after reverting a faulty update that had led to a $2.6 million exploit, which was intercepted by white hat MEV operator c0ffeebabe.eth. The exploit took place after a frontend update on Morpho Labs’ DeFi app Morpho Blue on April 10. The update was designed to … Read more
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