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NewsFeeds: Ethereum
Ethereum news in brief: ETH price, network upgrades, staking, layer 2s and ETF flows, rewritten by AI in our own words, credited and linked.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
Breaking news and our own Originals on your phone or desktop, the moment they are out. A few alerts a day at most.
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Wed 4 Nov
Address with $211m profit trims $4.61m ETH short
An address with about $211m in cumulative contract profit cut its ETH short by roughly $4.61m, still holding a short of about 89,200 ETH. It closed about $4.59m within the window at an average price of about $2,286.21.
Ethereum Foundation's Justin Drake targets quantum-resistant shift by end-2028
Justin Drake of the Ethereum Foundation said he aims to finish Ethereum's move to quantum resistance and a post-AI design by the end of 2028, a year ahead of the existing roadmap. He set out three further network upgrades over 24 months at Devcon 8 in Mumbai, but the schedule is not an official change and will be reviewed in January 2027.
Address withdraws 1,306 ETH worth $2.99m from Coinbase, Ai Yi says
On-chain analyst Ai Yi says address 0x2ff…D661e withdrew 1,306 ETH, worth $2.99m, from Coinbase three hours earlier at $2,286.68 per token, after ETH fell again.
Tue 3 Nov
Ankr says new rule confirms Ethereum transactions in about 12 seconds
Ankr says it applied the Fast Confirmation Rule to Ankr RPC on 4 Nov, cutting Ethereum transaction confirmation to about 12 seconds from 13 minutes. Replaying a year of mainnet history, Ankr found quickly confirmed blocks were never reversed.
Aztec Foundation releases Tierra (Alpha V6) upgrade fixing security flaws
The Aztec Foundation has released the Tierra (Alpha V6) upgrade for the Ethereum privacy layer-two network, fixing security flaws including a critical one found in V5 and adding an AI-based security testing system. Privacy proof generation is twice as fast, at about one second on local devices, and Ethereum messages reach Aztec in as little as 12 seconds.
Previous related news
See all 2 updates on Aztec V6 upgradeCross River to launch tokenised lending platform on Arbitrum One
Cross River plans to launch a tokenised lending platform on Arbitrum One, which will provide the infrastructure to tokenise and manage loans from launch, with ZeroDev's embedded wallet supporting the customer experience. Offchain's enterprise services team designed the platform.
Previous related news
See all 2 updates on Cross River tokenised lending on ArbitrumEther breaks above $2,300, up 1.18% intraday
Ether broke above $2,300 and was trading at $2,300.56, up 1.18% intraday, on OKX market data.
ETHGas builds Ethereum blockspace reservation service for institutions
ETHGas is developing Institutional Blockspace, a service letting banks and institutional investors choose the validator processing a transaction, verify compliance and reserve future blockspace on the Ethereum mainnet, to make the timing of large trades more predictable.
Ethereum Foundation says trust in hardware has collapsed and backs open chips
The Ethereum Foundation said trust in hardware has collapsed and backed Vitalik Buterin's view at Devcon 8 in Mumbai that this is unacceptable. It said users should not have to hack a TV or prise open a hardware wallet to check a device, and welcomed teams building open, verifiable chips.
Hyperliquid trader reopens $43m ETH and HYPE longs after losses
Onchain Lens says a Hyperliquid trader closed BTC, HYPE and ZEC longs at losses of about $4.4m, $1.13m and $600,000 respectively, then opened roughly $43m in combined leveraged ETH and HYPE longs. The account's lifetime profit and loss is about a $5.88m loss.
Previous related news
See all 3 updates on Hyperliquid trader's losing longsMercado Bitcoin hacker moves $8m in ETH and still holds $46m in crypto
A hacker linked to Mercado Bitcoin moved $8m worth of ETH to a new wallet and may be preparing to deposit it into Tornado Cash, on-chain monitoring shows. The hacker holds $46m in crypto assets.
Previous related news
- Mercado Bitcoin hackers still hold over $9.2m in altcoins, Lookonchain says
- Synthetix governance moves 428,000 SNX stolen in Mercado Bitcoin hack to DAO address
- Mercado Bitcoin says it has frozen $11m in stolen assets
Consensys launches interoperability tool for sovereign networks
Consensys says it has launched a sovereign-network interoperability solution that lets institutions settle securities, exchange currencies and post collateral across ledgers without moving assets to a shared ledger. It runs on Ethereum and uses zero-knowledge proofs.
Ethereum Foundation unveils proof of concept for humanitarian aid network
The Ethereum Foundation says its technical team is working with humanitarian groups on an Ethereum-based aid coordination network that pairs decentralised identity with private payment rails, using ERC-4337, stealth addresses and Semaphore. The code is open source on GitHub and has been performance-tested on low-end Android devices.
Jowella Lim returns to Mantle to lead product marketing
Jowella Lim, formerly marketing lead at liquid staking protocol mETH, said she has rejoined Ethereum layer-2 network Mantle to head product marketing, citing its mStocks product and work with Bybit and Byreal.
Ethereum
ChainCatcherAINeutral
Mon 2 Nov
Sophon says its chain will shut down on 30 Nov
Sophon, an Ethereum layer-two network, says its chain will stop operating on 30 Nov and users should withdraw assets by 25 Nov. It says Sophon itself is not closing and the SOPH token will remain.
Previous related news
See all 2 updates on Sophon mainnet shutdownDolomite keeps new Ethereum borrowing paused after Binance hack
Dolomite said it is keeping new borrowing on the Ethereum mainnet halted as a precaution after the Binance hack, while deposits, withdrawals, repayments and existing position management continue. The protocol said it had seen no malicious activity on its own platform and no assets were at risk.
BitMine buys 5,000 ETH from Kraken worth about $11.4m
BitMine bought 5,000 ETH from Kraken for about $11.4m, according to Onchain Lens. The company holds ETH equal to 4.9% of the total supply.
Rocket Pool tells node operators to move to Smart Node v1.25.1
Rocket Pool has asked all node operators to upgrade to Smart Node v1.25.1, prioritising nodes running Lighthouse or Lodestar on mainnet and every node on the Hoodi testnet.
Gravity says it has settled and shut its G fast-withdrawal bridge on Alpha Mainnet
Ethereum layer-two network Gravity said it has finished settling the G fast-withdrawal bridge on its Alpha Mainnet and ended operations, with deposits, withdrawals, issuance and burns each matching at 897,310,521.332511659591129748 G. No unsettled fast-withdrawal principal remains, it said.
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