Crypto News

Alts suffered a bloodbath on Tuesday as Ethereum surrendered a key level. Perpetual tokens lost over $2B amid broader sell-offs. New US sanctions on North Korea fuel fears of stiffer crypto regulations. Digital assets saw another dip today, as Bitcoin fell to $102,425 after losing nearly 4% of its value over the past 24 hours. […] The post Altcoins today: Perpetual tokens shed over $2B as ETH slips under $3.5K appeared first on CoinJournal.

The post Chainlink oracle glitch costs Moonwell $1M as DeFi suffers another exploit appeared on BitcoinEthereumNews.com. Key Takeaways What caused the Moonwell exploit? A Chainlink oracle price feed malfunction incorrectly valued 0.02 wrstETH (worth pennies) at millions, allowing an attacker to drain funds before the protocol could respond. How does this relate to other recent DeFi hacks? Moonwell’s loss came just 24 hours after Balancer’s $128M exploit and marks Moonwell’s fourth major hack in three years. DeFi suffered its worst start to a month in a long time as two major protocols lost $129 million in 48 hours.  A Chainlink oracle malfunction enabled a $1 million Moonwell exploit on 4 November, just one day after hackers drained $128 million from Balancer across six blockchains. The Chainlink oracle exploit An attacker exploited Moonwell’s lending protocol on Base using a sophisticated oracle manipulation attack. The hacker flashloaned approximately 0.02 wrstETH, worth mere pennies, and deposited it as collateral. However, a Chainlink oracle price feed temporarily malfunctioned, valuing this tiny collateral at $5.8 million. The protocol accepted the inflated valuation. The attacker immediately borrowed over 20 wstETH against the artificially valued collateral. Source: CertiK The exploit was repeated seven times within three hours, and each cycle netted approximately 24.5-24.9 ETH. The attacker executed everything within single blocks, avoiding liquidation mechanisms, and made a total profit of 292 ETH [around $1.01 million]. CertiK detected the exploit and confirmed that the oracle pricing error enabled the attack. The incident highlights the risks of infrastructure dependency in DeFi lending protocols, although Chainlink’s core oracle network remained secure throughout. TVL crashes, token plummets Analysis of DefiLlama data revealed that Moonwell’s Total Value Locked [TVL] collapsed from $268 million to $213 million, a $55 million exodus in just hours.  Source: DefiLlama Additionally, the WELL token declined by over 12% to trade at approximately $0.012, while the broader cryptocurrency market decreased by more than 1%.…

When it comes to finding the best crypto for higher returns, not all coins are created equal. In this article we look at four digital assets side-by-side: BlockDAG, Ethereum (ETH), XRP and Solana (SOL). We’ll review what makes each one interesting, how much upside there might be, and why one of them is being positioned [...] The post Best Crypto for Higher Returns: Why BlockDAG, Ethereum, XRP, and Solana Lead 2025 appeared first on Blockonomi.

The post Alarming $135.5M Outflow Signals Shifting Market Dynamics appeared on BitcoinEthereumNews.com. The world of cryptocurrency investments is constantly in motion, and recent trends for Spot ETH ETFs have certainly caught the market’s attention. For the fourth trading day in a row, these investment vehicles have experienced significant net outflows, signaling a potential shift in investor sentiment. On November 3, a substantial $135.54 million was withdrawn from U.S. Spot ETH ETFs, raising questions about the immediate future of Ethereum-backed products. What’s Driving the Outflows from Spot ETH ETFs? This latest wave of withdrawals, as compiled by Trader T, underscores a noticeable trend. It’s not just a minor blip; rather, it represents a consistent pattern of funds exiting these exchange-traded funds. Investors are actively pulling capital, and understanding why is crucial for anyone following the digital asset space. Several key players in the ETF market bore the brunt of these outflows: BlackRock’s ETHA: This fund led the withdrawals, seeing a considerable $81.47 million exit. Fidelity’s FETH: Experienced net outflows totaling $25.14 million. Grayscale’s ETHE: Also recorded significant withdrawals, amounting to $15.03 million. These figures highlight a broad-based movement rather than an isolated incident with a single fund. When major players like BlackRock and Fidelity see such substantial capital leave, it often indicates a wider market sentiment at play concerning Spot ETH ETFs. Understanding the Impact: What Do Spot ETH ETF Outflows Mean? While four days of outflows might seem concerning, it’s important to analyze the context. Net outflows typically suggest that more investors are selling their shares in these ETFs than buying new ones. This can be influenced by a variety of factors, including broader market sentiment towards cryptocurrencies, specific news related to Ethereum, or even macro-economic conditions that encourage a flight to less volatile assets. For Ethereum itself, sustained outflows from Spot ETH ETFs could potentially exert downward pressure on its price.…

Moonwell was exploited for 295 ETH, using flawed pricing from an external offline oracle. The DeFi lending protocol suffered a similar exploit earlier in October and apparently did not fix the flaw, allowing the hacker to attack again.

The post Expert Reveals ETH Price Prediction To $8K Amid $2.8T Ethereum Stablecoin Volume appeared on BitcoinEthereumNews.com. Key Insights: ETH price slipped by 6% amid Ethereum’s stablecoin activity surging in October, reaching a record monthly transaction volume. As per a top analyst, the price of Ethereum could be preparing for one of the biggest breakouts in the history of the largest altcoin. Each move higher reflected not just technical recovery but also broader optimism fueled by the network’s growing utility ETH price lost 6% amid Ethereum’s stablecoin activity surging in October, reaching a record monthly transaction volume. One of the top analysts on X made a bold Ethereum price prediction of $8,000 as traders moved into stable assets and yield-focused strategies as uncertainty swept through the wider crypto market. Analyst Shares ETH Price Prediction of $8k The price of Ethereum could be preparing for one of the biggest breakouts in the history of the largest altcoin According to an analysis @ali_charts, the next target for Ethereum is $3,800, a price level that will act as the main support that will springboard ETH price to the $8,000 region. If we zoom in on ETH price, a strong base of support seems to be forming above $3,800, at which level the base could form for a price consolidation that will trigger the next bull run for Ethereum. From a structural standpoint, Ethereum’s trajectory suggests a measured rise through resistance layers at $4,900, $5,600, and $6,400. The levels on the chart respect the Fibonacci levels that the price should clear soon for a rally to take place. Once the ETH price breaks past $4,900, an acceleration to a new all-time high is inevitable. Furthermore, the chart indicates the long-term forecast will see the price maintain momentum towards high lows and higher highs, just as it was in 2020. This pattern indicates a classic sign of growing strength. As such, ETH…

The post StakeWise Retrieves $19.3M From Multi-Million Dollar Exploit appeared on BitcoinEthereumNews.com. StakeWise has successfully recovered 19.3 million osETH stolen funds during the recent Balancer hack. This is a welcome relief for StakeWise following one of the largest hacks in the DeFi world this year.  $19.3M Recovered From Balancer Hack by StakeWise As per the data obtained from EmberCN, StakeWise has succeeded in recovering 19.3 million dollars of the stolen money related to the Balancer hack that occurred in the early hours of Monday. StakeWise initiated a contract call to retrieve 5,041 osETHs. This action decreased the stolen amount from 117 million dollars to 98 million dollars. The hacker had been converting LSTs to ETH, little by little. As reported, over half of stolen funds have been transferred to the Ethereum network so far.  The hacking of the V2 vaults and liquidity pools at Balancer happened on November 3. The attacker took advantage of a vulnerability in the way smart contracts interacted with each other during pool setup. Due to “improper authorization and handling of callbacks”, the attacker was able to control vault calls. This allowed unauthorized swaps and balance modifications between bonded pools in a matter of minutes.  Reports from blockchain security companies including PeckShield and Nansen also determined the attack was technical, rather than a hack or theft of the private key. The assault managed to steal some $110–$116 million across Ethereum, Base and other chains. Experts say Balancer’s composable design amplified the vulnerability. Similar issues have been observed in other automated market makers (AMMs). Market Value Suffers Losses Amid Exploit Data from DeFiLlama showed Balancer’s TVL has collapsed from $442 million to $214.5 million in less than a day. This is essentially more than half of the protocol’s on-chain liquidity. Balancer’s native token (BAL) fell by another 8% over 24 hours. This comes as the crypto market is also…

The post StakeWise Recovers $20.7M From Balancer Hack, To Repay Users appeared on BitcoinEthereumNews.com. StakeWise has retrieved $20.7M, or 73.5% of osETH and osGNO hit in the Balancer V2 exploit, via DAO emergency actions. The unrecovered 26.5% (~$7M) was converted to ETH too quickly to claw back; users will be repaid pro rata on recovered funds. Balancer, Gnosis and SEALs coordinated the response, while Balancer kept a 20% white-hat bounty open for remaining assets. StakeWise has pulled off a rare recovery in the DeFi world, retrieving the majority of assets lost in the recent Balancer exploit that rocked the ecosystem. The liquid staking platform confirmed on Nov. 4 that its DAO emergency multisig successfully recovered 5,041 osETH (worth about $19 million) and 13,495 osGNO (approximately $1.7 million) from the hacker. The $20.7M Recovery: How StakeWise Got 73.5% Back According to StakeWise, the recovered assets represent 73.5% of the 6,851 osETH drained during the attack, while the remaining 26.5%, worth around $7 million, was swiftly converted to ETH by the attacker and remains unrecoverable. Just half an hour earlier, StakeWise DAO emergency multisig has executed a series of transactions, recovering ~5,041 osETH (~$19M) and 13,495 osGNO (~$1.7M) tokens from the Balancer exploiter. On Ethereum mainnet, this represents 73.5% of the ~6,851 osETH stolen earlier today,… pic.twitter.com/b43EGf92hm — StakeWise (@stakewise_io) November 3, 2025 The recovered funds will be distributed to affected users on a pro-rata basis according to their pre-exploit balances.  The operation was made possible through coordinated efforts between the StakeWise DAO, Balancer, and Gnosis teams, as well as individual contributors from the SEALs security collective. Related: CZ Warns of Rising Meme Coin Scams After BNB Chain’s X Account Breach In a statement, StakeWise extended thanks to Balancer and Gnosis contributors for their rapid support in executing the recovery. Inside the Balancer Exploit The Balancer hack, one of the largest decentralized finance exploits of 2025,…

The post How Deep Can ETH Price Fall Before the Next Reversal? appeared first on Coinpedia Fintech News ETH price has entered a critical phase after sharp ETF outflows and widespread liquidations drove Ethereum into a deeper correction. The asset’s decline of nearly 30% from its yearly peak has put traders on alert, though accumulating whales and on-chain signals suggest potential recovery zones forming ahead. Major ETH ETF Outflows Add Selling Pressure Over the past four active ETF days, all nine ETH ETFs have reportedly been responsible for notable capital outflows, which have weighed heavily on sentiment. Per farside, from October 29th to November 3rd, Ethereum ETFs collectively saw continuous withdrawals, with the most latest single-day outflow of $135.7 million recorded on November 3rd. Where BlackRock sold $81.7 million worth of ETH, amplifying selling pressure across institutional desks. $ETH ETF outflow of $135,700,000 yesterday.BlackRock sold $81,700,000 in Ethereum. pic.twitter.com/wFDSIgcv1d— Ted (@TedPillows) November 4, 2025 This institutional retreat has coincided with broader crypto market turbulence, leading to $1.33 billion in total liquidations within a single day. Ethereum alone accounted for $324.96 million of those liquidations, a figure that underscores the market’s fragile state. As a result, ETH price today trades around $3,510, down nearly 2.6% intraday. On the Ethereum price chart, this pullback confirms a technical bear market, with prices now nearly 30% below the 2025 peak of $4,955. Despite this weakness, certain long-term investors appear to be taking advantage of the downturn to accumulate. BitMine’s Accumulation Highlights Long-Term Optimism Even as market conditions worsen, large institutional holders have shown confidence in Ethereum’s long-term fundamentals. BitMine, a major ETH holder, has reportedly added $300 million worth of 82,353 ETH to its reserves, raising its total Ethereum holdings to approximately $11.11 billion holding 3.16 million ETH in total. JUST IN: Publicly traded BitMine Immersion increased its $ETH holdings by 82,300  ($305.82 million) over the past week. pic.twitter.com/0FstxQUCp0— Whale Insider (@WhaleInsider) November 3, 2025 This accumulation pattern provides a key contrast to recent ETF outflows, suggesting that while some investors are derisking, others view the current ETH price in USD as a discounted accumulation opportunity. Such activity often reflects strategic positioning for future cycles, particularly if ETH crypto continues to expand its role in staking, DeFi, and tokenization. Technically, Ethereum’s nearest support lies around the $3,300-$3,350 zone. A successful defense of this level could form the base for a reversal, potentially enabling a retest of the $4,955 yearly high if momentum strengthens in November. However, failure to hold support could extend the slide toward $2,890, marking deeper retracement levels. On-Chain Indicators Show a Potential “Opportunity Zone” According to on-chain data shared via Santiment insights, Ethereum’s 30-day MVRV ratio has dropped to -10.5%, entering what’s described as an “opportunity zone.” Historically, when this metric falls below -10%, ETH price forecast trends suggest accumulation opportunities, often preceding short-term recoveries. In addition, whale accumulation and retail capitulation remain crucial for triggering the next leg higher. The pattern seen in past cycles reveals that when retail traders panic-sell and whales accumulate, it often sets the stage for a strong rebound. Thus, while short-term volatility persists, the combination of technical support, institutional accumulation, and favorable on-chain metrics keeps optimism alive for a potential rebound in ETH price in the near term.

The post Ethereum Price Drops 30% as ETF Outflows and Liquidations Shake the Market appeared first on Coinpedia Fintech News ETH price has entered a critical phase after sharp ETF outflows and widespread liquidations drove Ethereum into a deeper correction. The asset’s decline of nearly 30% from its yearly peak has put traders on alert, though accumulating whales and on-chain signals suggest potential recovery zones forming ahead. Major ETH ETF Outflows Add Selling Pressure Over …