Crypto M - Crypto News

🚀 Hyperbridge Gateway Contract Attacked, Hacker Gains $237,000 PANews posted on X (formerly Twitter). Hyperbridge's gateway contract has been compromised in a recent attack, according to CertiK Alert. The attacker manipulated the administrator privileges of the Polkadot token contract on Ethereum by forging messages. This breach allowed the hacker to mint and sell one billion tokens, resulting in a profit of approximately $237,000. #Hyperbridge#Ethereum#Polkadot#CryptoHack#BlockchainSecurity#CryptoNews#DeFi#SmartContract#Hacking#CryptoAttack#DOT

🚀 1 Billion DOT Minted and Sold on Ethereum and Polkadot Networks PeckShieldAlert posted on X that a significant amount of 1 billion DOT tokens were minted and subsequently sold on the Ethereum and Polkadot networks. This development has raised concerns within the cryptocurrency community regarding the potential impact on the market value of DOT tokens. The minting and selling activities were observed on both networks, highlighting the interconnected nature of blockchain platforms. The implications of this large-scale transaction are yet to be fully understood, as stakeholders assess the potential effects on the market dynamics of DOT. #1BillionDOT#Ethereum#Polkadot#cryptocurrency#marketimpact#PeckShieldAlert#blockchain#DOTtokens#crypto#minting#selling#marketdynamics

🚀 Ethereum spot ETFs saw net inflows of $187 million last week, with BlackRock's ETHA leading with $168 million in net inflows According to SoSoValue data, Ethereum spot ETFs recorded net inflows of $187 million during last week's trading sessions (April 6 to April 10, Eastern Time).The Ethereum spot ETF with the highest net inflows last week was BlackRock's ETF ETHA, with weekly net inflows of $168 million. Currently, ETHA's total historical net inflows have reached $11.73 billion. Following that was BlackRock's ETF ETHB, with weekly net inflows of $66.0015 million. Currently, ETHB's total historical net inflows have reached $377 million.The Ethereum spot ETF with the highest net outflows last week was Fidelity's ETF FETH, with weekly net outflows of $62.1274 million. Currently, FETH's total historical net inflows stand at $2.23 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $12.96 billion. The ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) has reached 4.76%, and the historical cumulative net inflows have reached $11.67 billion. #Ethereum#ETH#SpotETF#BlackRock#ETFA#ETHB#Fidelity#FETH#CryptoInvesting#NetInflows#MarketTrends

🚀 Bitcoin and Ethereum Experience Slight Declines Amid Sector Gains Over the past 24 hours, the cryptocurrency market saw notable movements, with AI and Meme sectors leading the way, rising by 1.08% and 1.03% respectively. According to NS3.AI, most crypto sectors posted gains during this period. However, Bitcoin experienced a slight decline of 0.37%, falling below the $72,000 mark, while Ethereum decreased by 0.43%, dropping below $2,300. Layer2 was identified as the weakest sector, recording a 0.79% decline. #Bitcoin#Ethereum#Cryptocurrency#AI#Meme#Layer2#CryptoSectors#MarketMovements#BTC#ETH

🚀 Ethereum Layer 2 Network Scroll Faces Overcharging Issue Ethereum Layer 2 network Scroll has reportedly overcharged users by more than $50,000 in transaction fees over approximately four days. According to ChainCatcher, this occurred after the Scroll team manually increased two rate multipliers in their gas price oracle six times within six days, each time raising them by 2 to 10 times. This adjustment cumulatively increased the L1 data cost parameter to 1,280 times its original benchmark. Approximately 139,000 transactions were affected, with the total cost originally estimated at around $280, but users were charged over $50,000. The majority of these transactions were automated by bots. L2BEAT clarified that the overcharging was not due to a sequencer issue but resulted from multiplier adjustments executed through a multi-signature wallet by the team. This incident has raised questions about whether Scroll previously subsidized users with below-cost rates to maintain activity. Data from DeFiLlama indicates that Scroll's total value locked (TVL) currently stands at $24 million, a significant decline of 96% from its peak of $585 million in October 2024. As of the time of reporting, Scroll has not publicly responded to the issue. #Ethereum#Layer2#Scroll#Overcharging#GasFees#Blockchain#DeFi#TVL#CryptoNews#TransactionFees#ETH#SCR

🚀 Ethereum Price Movements Could Trigger Significant Liquidations Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum surpasses $2,309, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $798 million. Conversely, if Ethereum falls below $2,093, the cumulative liquidation intensity of long positions will amount to $581 million. #Ethereum#PriceMovements#Liquidations#CentralizedExchanges#CryptoTrading#Coinglass#ChainCatcher#ShortPositions#LongPositions#CryptoMarket#ETH

🚀 Ethereum(ETH) Drops Below 2,200 USDT with a 5.06% Decrease in 24 Hours On Apr 12, 2026, 19:50 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,200 USDT and is now trading at 2,199.120117 USDT, with a narrowed 5.06% decrease in 24 hours. #Ethereum#ETH#USDT#Cryptocurrency#CryptoNews#Binance#PriceDrop#MarketUpdate#CryptoTrading#Blockchain

🚀 TRON Network Implements Proposal 106 to Enhance Compatibility TRON Network has officially passed Proposal 106 as of April 10 at 20:00 UTC+8. According to ChainCatcher, the mainnet has adjusted the behavior and execution cost of the SELFDESTRUCT instruction. Contracts will only be permanently removed from the blockchain if the instruction is called within the same transaction as the contract's creation. Otherwise, executing the instruction will merely transfer the assets within the contract to a specified address, without deleting the contract itself. Additionally, the energy consumption for SELFDESTRUCT has been changed from 0 to 5000. This adjustment aligns TRON's mechanisms more closely with Ethereum, enhancing the compatibility of the TRON Virtual Machine (TVM). It aims to provide more stable foundational support for multi-chain development and ecosystem adaptation. #TRON#Proposal106#Blockchain#Ethereum#TVM#SELFDESTRUCT#Mainnet#MultiChain#Ecosystem#Crypto#ETH#TRX

🚀 Paradigm CEO Highlights Gen Z's Impact on Crypto Innovation Paradigm, a crypto investment firm managing approximately $12 billion, is led by co-founder and CEO Matt Huang. According to Odaily, Huang acknowledges that while Gen Z employees can sometimes create chaos, their creativity and technological breakthroughs are impressive. He remains committed to investing in young talent, citing the example of Charlie Noyes, who joined Paradigm at 19 after dropping out of MIT. Noyes played a crucial role in MEV research and Flashbots investment, contributing significantly to the Ethereum ecosystem. Huang likens the Paradigm team to running an 'X-Men Academy,' noting that despite the unpredictability of young employees, their technical skills and innovation often surpass those of traditional professionals. #GenZ#CryptoInnovation#Paradigm#MattHuang#Ethereum#MEV#Flashbots#Investment#YoungTalent#TechBreakthroughs#XMenAcademy#ETH

🚀 Ethereum(ETH) Drops Below 2,200 USDT with a 1.88% Decrease in 24 Hours On Apr 12, 2026, 10:55 AM(UTC). According to Binance Market Data, Ethereum has dropped below 2,200 USDT and is now trading at 2,198.01001 USDT, with a narrowed 1.88% decrease in 24 hours. #Ethereum#ETH#Crypto#USDT#Binance#CryptoNews#PriceDrop#Cryptocurrency

🚀 Ethereum's Upcoming Glamsterdam Upgrade Progresses Amid Development Challenges Ethereum Foundation has released its latest development update, indicating steady progress in the upcoming Glamsterdam upgrade. According to Foresight News, while the implementation of ePBS (protocol-level PBS) is complex, the related development network is stabilizing, and the block-level access lists (BALs) development network is advancing smoothly. The current goal is to launch the first generalized Glamsterdam development network next week if the ePBS development network remains stable, followed by client releases, security audits, and test network testing. Additionally, EIP-7954, aimed at increasing the maximum contract size, is likely to be prioritized. The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as the core feature for the consensus layer, while the proposal for account abstraction (AA), EIP-8141, remains in a pending introduction (CFI) status due to lack of consensus. Non-core feature proposals for Hegotá were initiated on April 9. Regarding the network gas limit, the current benchmark target is set at 60 million, with higher limit testing ongoing. As for the upgrade timeline, Glamsterdam is unlikely to go live in the second quarter, and the progress of Hegotá will largely depend on the completion of the former. #Ethereum#Glamsterdam#ePBS#BALs#EIP7954#Hegotá#FOCIL#EIP7805#AccountAbstraction#EIP8141#Blockchain#Crypto#Upgrade#Development#ETH

🚀 Crypto Whale Adjusts Stop-Loss to Secure Profits On April 12, a prominent crypto trader known as 'Set 10 Big Goals' (@Jason60704294) announced adjustments to their stop-loss positions to prevent targeted liquidation. According to BlockBeats, the trader has already secured profits from their current short positions. Previously, it was reported that the trader held a short position of 2,567.49 BTC with an entry price of $71,554.61, and a short position of 38,465.22 ETH with an entry price of $2,248.74. #Crypto#Bitcoin#Ethereum#Trading#StopLoss#ProfitTaking#CryptoWhale#BTC#ETH