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Ethereum’s Developer Surge and Infrastructure Upgrades Mask a Stalled Price Recovery
The Ethereum network is buzzing with activity beneath a surface of price stagnation. While ETH trades in a narrow range around $1,930, two distinct narratives are unfolding: developers are deploying smart contracts at a furious pace, and the protocol’s technical foundation is being quietly retooled for the next major upgrade. Smart Contract Deployments Explode as…
Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze
The WEMIX team said compromised ownership of a contract tied to its WEMIX$ stablecoin enabled approximately 5.23 million tokens to be minted without authorization, prompting it to suspend bridges, liquidity pools, and several services on the WEMIX3.0 network. Contract-owner breach tested WEMIX$’s 1:1 design The WEMIX3.0 whitepaper describes WEMIX$ as 100% collateralized by USDC held…
$0 in DOGE Shorts Liquidated in 12 Hours: Where Did the Bears Go?
According to CoinGlass data, Dogecoin saw $0 in short liquidations in a twelve-hour period, with the market now paying attention. Short liquidations occur when traders betting on a price decline are forced to close their positions after the market moves against them. Short liquidations often occur as prices increase, leading to bearish traders being squeezed…
Ethereum: Why ETH’s $2K breakout could hinge on ONE missing signal
Ethereum [ETH] appears to be following a familiar seasonal pattern this July. According to CoinGlass data, July has historically been one of ETH’s strongest months, with an average return of over 10%. Bitcoin [BTC], meanwhile, has averaged around 7% over the same period, giving ETH a clear seasonal edge. Against this backdrop, Token Terminal’s latest…
