The Payy Network exploit highlights the ongoing vulnerabilities in DeFi infrastructure, raising concerns about security and user trust in digital finance. Payy Network halts operations after $1.92M USDC exploit drains Ethereum rollup.
The bridge contract's entire balance was transferred out. Deposits, withdrawals, transfers and card transactions remain suspended during the investigation.
The Bitmine chairman said Robinhood chose Ethereum infrastructure for its security and liquidity, while Ether is developing into a store-of-value asset.
The wallet acquired the Ether at an average price of $2,727.26 between Sept. 21 and Sept.
The Ethereum 30-day realized volatility reached a six-month high when the altcoin broke out past the $2.5k resistance zone.
ETH briefly cleared $2,800 before falling back toward $2,660. Here are the levels that could decide whether the rally resumes.
An Ethereum whale sold 42,005 ETH worth $111.89 million as the market declined.
ETH was at $2,641 15 minutes earlier and was up 0.27% from one hour earlier.
The position was liquidated at $2,628 on Sept. 24 at 5:35 a.m.
ETC was up 2.22% over 24 hours, while short liquidations reached $10,000 during the same one-hour period.
Prediction market operator Kalshi has publicly stated that the Commodity Futures Trading Commission has made no outreach to the firm. Additionally, the company maintains no formal regulatory examination is currently underway regarding its platform activity.
On September 23, Ethereum experienced a pullback beneath the $2,700 threshold after encountering selling pressure at the $2,800 mark. The cryptocurrency touched a session bottom at $2,648 before finding equilibrium around the $2,670 zone.