Daily Archive: Tuesday, February 27, 2024

Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit

Research from Bybit highlights a growing institutional bullishness on Ether, driven by the expected positive impact of the Dencun upgrade on the Ethereum blockchain. Dencun, slated for March 13, will introduce various Ethereum Improvement Proposals (EIPs) including proto-danksharding aimed at reducing Layer-2 transaction costs, per developers. “While the upcoming upgrade will not likely lead to …

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Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum

The hacker behind the November 2023 attack on decentralized exchange KyberSwap has been seen moving almost $2.5 million in crypto. In an X post published on February 26, blockchain analytics firm PeckShield noted that the hacker moved 798.8 Ether (worth ~$2.49 million) from Arbitrum to the Ethereum blockchain. #PeckShieldAlert #KyberSwap Exploiter-labeled address bridged ~800 $ETH …

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