Ethereum News

One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice.

Bitcoin price failed to stay above USD 38,500 and corrected lower. Ethereum could test the key USD 1,150 support zone, XRP is moving lower towards USD 0.280. IOST started a fresh surge and gained almost 60%.

DeFi company and major Ethereum (ETH) staking pool StakeHound has accused Fireblocks, a heavily-backed crypto custodian, of losing ETH 38,178 (USD 76m), which Fireblocks denies.

There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC) transactions as the only option, according to digital assets data provider Kaiko.

The miner has returned ETH 7,626 in total.

Genesi DAC, a group of venture capital investors led by Vitalik Buterin’s mother Natalia Ameline, made its first investment in the crypto gaming platform Tristan Metaverse, with more projects expected to be announced soon.

Bitcoin price is still struggling below USD 39,200. Ethereum is facing hurdles near USD 2,850, XRP might struggle to stay above USD 0.60. LUNA is the best performer among the top 10 cryptoassets.

In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has released the criteria for the assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope.

Bitcoin price is gaining bearish momentum below USD 36,000. Ethereum declined 9%, XRP might extend losses below USD 0.58. SOL and ADA increased losses.

Bitcoin price settled below the USD 40,000 pivot level. Ethereum tested USD 2,800, XRP failed to stay above USD 0.70. Many smaller altcoins are down over 10%.