Term Finance, a DeFi lending protocol on Ethereum, lost about $8.5 million after a hacker exploited its DAO governance system by buying a majority of governance tokens at low cost. This allowed the attacker to approve malicious proposals and drain 2,843 ETH and 1.68 million USDC, which were then swapped for DAI. The incident highlights ongoing security risks in Ethereum, which saw over $332 million lost in crypto fraud in H1 2026, contributing to a nearly 49% price drop in ETH over the past year amid repeated hacks and regulatory challenges.
A crypto analyst known as DonAlt shared bullish price targets for Ethereum and Bitcoin, suggesting Ethereum could hit $4,000 and potentially surge to $10,000 if strong resistance is overcome. Currently trading above $2,400, Ethereum faces a key resis...
XRP is experiencing its biggest weekly gain since late 2024, rising between 30% and 67% after the US Treasury announced it would double its long-term bond buyback program from $2 billion to $4 billion per operation starting September 9. This move has...
Shiba Inu (SHIB) has been officially approved as one of only six cryptocurrencies by Japan's Financial Services Agency, marking the end of a four-year freeze on new crypto licenses. This recognition places SHIB alongside major coins like Bitcoin and ...
Bitcoin surged over 20% to $79,500, signaling a potential new bull market as analysts note this is a major volatility-adjusted move not seen since 2018. The rally was supported by Ether and Hyperliquid gains, and was influenced by US Treasury's incre...
XRP saw a strong rally of over 46% this week, reaching a seven-month high of $1.70 before sharply dropping 14% to $1.46 in the last 24 hours. This pullback triggered more than $250 million in long position liquidations, the highest among large-cap as...
