Ethereum’s mainnet has elevated its block gas limit to 60 million, the highest level the network has reached in four years, according to network data. Summary The Ethereum mainnet has raised its block gas limit to 60 million. Over 513,000 validators signaled support for the increase, triggering an automatic adjustment [...]
South Korea’s financial sector was hit by a coordinated Russia–North Korea supply chain attack using Qilin ransomware, with 2 TB of sensitive banking data stolen. Summary Bitdefender’s October Threat Debrief details how threat actors breached a third‑party vendor to infiltrate multiple South Korean financial institutions. Attackers deployed Qilin ransomware across [...]
Hedera’s HBAR has been reinstated to the Coinbase 50 Index, restoring its inclusion in the KraneShares Coinbase 50 ETF and COIN50 perpetuals as trading volume and price strengthen above resistance. Summary HBAR’s return to the Coinbase 50 Index means renewed exposure via the KraneShares Coinbase 50 ETF and the COIN50-PERP [...]
Bitcoin is rebounding after a sharp sell-off, with analysts highlighting reclaimed support, a filled fair value gap, and a looming imbalance zone that could define the next major move. Summary Crypto Patel says bitcoin has filled a fair value gap, tapped a bearish order block, and may push into a [...]
Altcoins shed over $1T in November as TOTAL3 dumped and capital rotated into stablecoins, but multiple analysts argue this looks like late-stage altcoin bear conditions before the next expansion phase. Summary TOTAL3 shows heavy capital outflows from altcoins into stablecoins after Bitcoin weakness, with November wiping out most of the [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When the Movement Foundation (MOVE) token plunged nearly 20% earlier this year, following a market‑maker orchestrated a $38 million dump, it left retail holders underwater, and the industry [...]
Ethereum is retesting key resistance after a correction, with analysts eyeing the December 3 Fusaka upgrade as a potential catalyst for a rally and higher dominance Summary Ethereum failed to reclaim a major resistance zone this week, keeping the risk of printing a new low elevated despite a short‑term bounce. [...]
Ethereum tried to break through a key resistance level this week, only to be politely shown the door once more. Summary ETH has fallen by over 26% in November. Large holders increased positions while smaller traders trimmed theirs, showing diverging strategies amid market uncertainty. Whether the Fusaka network upgrade on [...]
Tether has reportedly confirmed its intention to cease its operations based in Uruguay. According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of [...]
Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news. Summary USDKG is pegged 1:1 to the U.S. dollar and fully backed by gold reserves. State-owned issuer aims to expand reserves to $500 million [...]
