Nearly a decade after the infamous DAO hack that fractured the Ethereum community, approximately $220 million in unclaimed funds from the collapse is being transformed into a permanent security endowment. Announced by original curator Griff Green, the new DAO Security Fund will stake roughly 75,000 ETH to generate sustainable revenue for protecting the Ethereum ecosystem. This initiative marks a profound symbolic shift, converting one of crypto’s most damaging early failures into a long-term, community-governed defense mechanism for a network now securing hundreds of billions in value.
about $220M DAO Hack Funds Repurposed for Ethereum Security EndowmentLaura Shin
1 posts last weekPolymarket Teases POLY Token After NYSE Parent’s $2B Investment
Polymarket founder Shayne Coplan has ignited crypto speculation with a mysterious hint about a potential native POLY token, coming just days after Intercontinental Exchange—owner of the New York Stock Exchange—confirmed a massive $2 billion investment that values the prediction platform at $9 billion. The timing suggests strategic alignment between traditional finance’s boldest crypto move and Polymarket’s potential token evolution, creating ripples across both crypto and traditional financial circles.
about Polymarket Teases POLY Token After NYSE Parent's $2B InvestmentEthereum Celebrates 10 Years: Milestones & Price Predictions
Ethereum’s 10th anniversary has sparked celebrations across the crypto community, with retrospectives on key moments like the ICO boom, NFT craze, and The Merge. Developers and executives, including Coinbase CEO Brian Armstrong, shared anecdotes—revealing how U.S. immigration hurdles inadvertently led to Ethereum’s creation. Despite a brief price dip following the Fed’s rate decision, ETH rebounded, with analysts predicting a breakout toward $4,220 or even $5,140 if support holds. The altcoin king continues to test resistance near $3,800, buoyed by bullish sentiment and liquidity pools targeting $4,000.
about Ethereum Celebrates 10 Years: Milestones & Price PredictionsEthereum Community Rejects Rollback Proposal After Bybit Hack
A recent hack of Bybit, allegedly by North Korea’s Lazarus group, resulted in the loss of nearly $1.4 billion in ether. In response, BitMEX co-founder Arthur Hayes suggested rolling back the Ethereum chain, sparking backlash from the community, which values decentralization and opposes such actions. Ethereum developers clarified that a rollback is not feasible, referencing the 2016 DAO hack, which led to a hard fork rather than a rollback, preserving the network’s integrity.
about Ethereum Community Rejects Rollback Proposal After Bybit HackBybit Hack Sparks Debate on Ethereum Blockchain Rollback Feasibility
Bybit suffered a massive hack, losing over 401,000 ETH valued at $1.5 billion, sparking discussions about a potential rollback of the Ethereum blockchain. Critics argue that such a move is unlikely and would not be feasible, as Ethereum’s structure differs from Bitcoin’s, making true rollbacks impractical. The debate has drawn attention from notable figures in the crypto community, including Bybit’s CEO and Ethereum co-founder Vitalik Buterin.
about Bybit Hack Sparks Debate on Ethereum Blockchain Rollback Feasibility