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Fresh Ethereum Foundation drama flares following core dev’s departure

As key dev Dankrad Feist leaves the Ethereum Foundation, the community is concerned about competitiveness and incentives for developers.

Coinbase hacker panic-sold ETH during market crash at a $4.5M loss

The hacker linked to the theft of 400 BTC panic-sold their ETH during today’s crypto crash and lost $4.5M in the process.

The April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users.

Before Ethereum activated EIP-7702 in May, researchers warned about major risks of theft and crime. Their predictions have come true.

The number of staked ETH in the exit queue jumped 60% yesterday, from just over one million ($5.7B) to over two and a half million ($11.7B).