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Analyst Michael van de Poppe has claimed that Bitcoin will reach a new all-time high in a few weeks.
Ethereum validators and the total amount of ETH staked have been increasing. Currently, there are close to 1.1 million validators on the network with 34.8 million ETH staked.
Share link:In this post: The Ethereum Network has more staked Ether and validators than ever before, but this might not necessarily be the best outcome. Lachlan Feeney, founder and CEO of Ethereum infrastructure firm Labrys, says nobody knows the ideal amount of staked Ether, but he thinks the limit may have already been passed. Too much staked Ether could cause issues such as failed transactions and the forced use of other tokens in the Ethereum ecosystem.
- 16:19Michael Saylor: Spend Dollars, Hoard BitcoinStrategy (formerly MicroStrategy) Chairman of the Board Michael Saylor posted on the X platform: Pay with Dollars, Eat the Pizza, Keep the Bitcoin.
- 15:30Cetus: Current total loss is approximately $223 million, with $162 million of stolen funds frozenCetus stated: "As of earlier today, we have confirmed that attackers have stolen approximately $223 million from the Cetus Protocol. We have immediately taken measures to lock the contract to prevent further theft. Currently, $162 million of the compromised funds have been successfully frozen. We are working with the Sui Foundation and other ecosystem members to advance the next steps in the solution, aiming to recover the remaining stolen funds. The majority of the affected funds have been halted from being transferred, and we are actively seeking ways to recover the remaining portion. This matter is our top priority, and we will continue to provide updates through this channel. A full incident report will be released later."
- 15:23SUI Co-Founder: Approximately $160 Million of Stolen Funds Successfully FrozenAccording to reports, SUI co-founder Adeniyi announced that in the recent hacker attack on the Cetus fund pool, which involved over $220 million, approximately $160 million has been successfully frozen and will soon be returned to the Cetus fund pool.