News with the tag "WETH"

Vitalik Buterin's net worth has surged to approximately $1.04 billion as Ether's price climbs towards potential new all-time highs, driven by strong market interest and inflows into Ether ETFs.

A crypto whale purchased 1,390 WETH at $4,000, leveraging ETH/BTC arbitrage on Aave, which significantly impacted market liquidity and could influence future trading strategies.

Ethereum's rising borrowing costs for wETH are challenging DeFi profitability and may lead to short-term volatility, but long-term prospects for Ether remain positive.

An Ethereum whale accumulated 8,309.4 ETH worth $29.92 million and leveraged Aave with cbBTC and WETH to borrow USDT and USDC, maintaining a health factor of 1.48.

Jump Crypto's $40.5 million ETH transfer from stETH conversion indicates strategic portfolio adjustments and highlights institutional influence on Ethereum's market liquidity and price dynamics.

BigONE exchange suffered a $27 million hot wallet hack, prompting the exchange to pledge full coverage of losses and collaborate with security firms to recover funds and enhance defenses.

Arcadia Finance suffered a $2.5 million exploit on the Base blockchain, where an attacker manipulated the Rebalancer contract to steal USDC and USDS, converting them into WETH and bridging to Ethereum.

The GMX hacker has converted stolen assets into 11,700 ETH worth $42.8M and rejected GMX's white hat bounty offer.

A crypto whale significantly increased their WETH holdings to 1969.05, leveraging USDC and USDT in strategic transactions.