Author: Crypto Insider

The team behind Base memecoin Normie (NORMIE) says it is negotiating with its hacker to return 90% of funds stolen due to a smart contract vulnerability — leading to a $41.7 million plunge in the token’s market cap in less than three hours. Blockchain analytics firm Lookonchain was one of the first to spot the exploit and…

The layer-1 blockchain platform Aptos, developed by former Facebook employees, has achieved a new milestone in blockchain transactions. It surpassed Solana by recording 115. 4 million transactions in a single day on May 25, compared to Solana’s 31.7 million. The surge in transaction volume set a new benchmark and surpassed the previous L1 record of over 65…

Analysts are speculating again about a potential start to altseason after a recent surge in total altcoin market capitalization — including Ether — which is now approaching a key resistance level. Crypto traders and analysts have been eyeing altcoins following Ether’s 27% gain over the past seven days. Altcoin total market capitalization is currently around $1.16 trillion, according to TradingView….

Traders are skeptical about assuming that the price of Ether will decline after the launch of spot Ether exchange-traded funds (ETFs), similar to what happened with Bitcoin, after spot Bitcoin ETFs started trading. “I think there is less likelihood of a selloff here after the ETH ETF compared to the BTC ETF,” crypto trader Matthew Hyland…

MicroStrategy founder Michael Saylor has changed his tone on spot Ether exchange-traded funds (ETFs), arguing that the recent nod from the United States regulator is only good news for Bitcoin as well. “Is this good for Bitcoin or not? Yeah, I think it’s good for Bitcoin, in fact, I think it may be better for Bitcoin because…

The Ethereum Foundation will institute a policy on conflicts of interest, executive director Aya Miyaguchi said on May 24. The announcement came in response to controversy in the crypto community over connections between the foundation and EigenLayer developers. Two Ethereum researchers joined the ranks of paid advisers at the EigenFoundation in the week preceding Miyaguchi’s…