Crypto News

The post USPD stablecoin hack reveals clandestine proxy attack appeared on BitcoinEthereumNews.com. Investigators are still piecing together how the USPD stablecoin protocol was drained, as fresh on-chain data and security analyses continue to emerge. Over $1 million in liquidity drained from USPD The decentralized finance protocol US Permissionless Dollar suffered a severe security breach that enabled unauthorized stablecoin minting and the loss of more than $1 million in liquidity. According to an incident report shared on the protocol team’s official X account, the attacker deposited roughly 3,122 ETH as collateral on the platform. The report noted that the exploiter then used this collateral to trigger a bug that allowed them to mint approximately 98 million USPD tokens in a single transaction. Moreover, the faulty logic generated around ten times the appropriate token amount against the original deposit, massively inflating supply and breaking the system’s economic assumptions. This process also gave the attacker a path to drain an additional 237 stETH from the protocol’s collateral pools. The stolen stablecoins were then converted into about $300,000 worth of USDC via the decentralized exchange Curve, in what security analysts described as a rapid liquidity exit. However, most of the minted tokens remain a focus of ongoing stolen funds tracing efforts. USPD developers and several cybersecurity monitoring accounts, including PeckShield Alert, quickly warned users once the exploit was confirmed. The team urged community members: “Please DO NOT buy USPD. Revoke all approvals immediately,” stressing that the protocol had suffered both liquidity draining and major governance compromise. Clandestine proxy attack method used in the breach The protocol’s technical report said the breach relied on a complex vector called CPIMP, short for Clandestine Proxy In the Middle of Proxy. USPD explained that the attacker front-ran the proxy initialization during deployment on September 16, using a Multicall3 transaction to slip malicious steps into the setup. Using this method, the…

A new study has revealed that Ethereum traders lost millions to sandwich attacks over the past year, quietly draining value from everyday users and favoring stealthy exploiters. The post Ethereum Price Prediction: ETH Traders Quietly Lost Millions in ‘Sandwich Attacks’ – New Signal Hints at a Safer, More Bullish ETH appeared first on Coinspeaker.

TLDR: Switzerland is accelerating its sovereign quantum computer push to secure long-term digital independence. SEALSQ cites national control of hardware and data as core to Switzerland’s quantum strategy. CERN, ETH Zurich, EPFL, PSI, and CSCS form a concentrated ecosystem driving quantum advances. The initiative aims to keep quantum innovation, talent, and infrastructure firmly within Swiss [...] The post Switzerland Accelerates Push Toward a Sovereign Quantum Computer appeared first on Blockonomi.

Mutuum Finance is building a decentralized lending system focused on predictable returns, clear borrowing rules and tighter safety controls. The platform uses two lending environments, letting users supply assets to earn yield while giving borrowers multiple options for rate types. The project has already raised over $19M, reflecting strong confidence from a global audience that continues to expand each month.

An analyst has argued that Ethereum (ETH) is repeating its 2021 bullish pattern and could surge 170% to $8,500. Continue Reading: Ethereum Could See a Major Rally Soon! Analyst Explains Why!

The post Next Target Now Set at $5K appeared on BitcoinEthereumNews.com. Ethereum price surged past $3,100 after a brief market consolidation. The cryptocurrency has been on a bullish trend, bouncing back above $3K over the past week.  Analysts forecast a target of $5,000 for Ethereum after a falling wedge pattern, which indicates robust upward movement. Crypto Analyst Predicts $5K for Ethereum Price Falling Wedge Pattern A crypto analyst posted a report on the performance of the Ethereum price, in particular, pointing to a bullish breakout. In his most recent analysis, ETH has managed to escape a falling wedge formation, and this trend was confirmed in the day chart. The analyst believes that the price of Ethereum will continue to climb, and the next important area is anticipated to be around $5,000. This target is identified as the possible next significant step in the rising of ETH. $ETH (update) Falling wedge upside breakout has been confirmed in daily timeframe.. Expecting next target area is 5k📈#ETHUSDT #USDT #Crypto https://t.co/GoCzOvxqeo pic.twitter.com/CktUWyFPDv — Clifton Fx (@clifton_ideas) December 5, 2025 ETH Price Eyes Bullish Momentum After Fusaka Upgrade Ether price shot up with the initiation of its Fusaka upgrade on the mainnet. The second significant update by the network is the upgrade. This was implemented at block height 18,200,000 on Wednesday, and is the second major upgrade of 2019.  Fusaka implements the advancements of data accessibility and block size, which opens the next stage of the Ethereum scaling. The upgrade came after successful testing of the Holesky, Sepolia, and Hoodi testnets, that was successful in October. The price of Ethereum immediately increased with the activation of Fusaka, and the volume of Ethereum is growing steadily as day goes on. Ether recorded a negative outflow of 41.5 million ETF, and BlackRock bought 28.4 million Ethereum.  $ETH ETF outflow of $41,500,000 🔴 yesterday. BlackRock bought $28,400,000 in Ethereum.…

BitcoinWorld Revealed: How the Fusaka Upgrade Could Supercharge ETH Burn Rates by 8x Get ready for a seismic shift in Ethereum’s economic landscape. A new analysis suggests the recent Fusaka upgrade holds a powerful secret: the potential to supercharge the rate at which ETH is permanently removed from circulation. Could this be the catalyst for a new era of Ethereum scarcity? Let’s dive into the mechanics and implications […] This post Revealed: How the Fusaka Upgrade Could Supercharge ETH Burn Rates by 8x first appeared on BitcoinWorld.

Ethereum holds above key support at $3,150. Analysts point to $3,700 as the next target, with resistance ahead at $3,900 and $4,800.

Ethereum $ETH rose to a high of $3,247, its highest level since Nov. 14, and was about 20% above its November low. Here's why it may be on the verge of a 60% surge.

The post XRP ETF Inflows Beat Bitcoin and Ethereum Outflows appeared on BitcoinEthereumNews.com. Tatev Avetisyan is a markets writer and analyst covering cryptocurrency markets, policy, and regulation. She has over seven years of experience in business and marketing development and has spent the past three years focused on digital assets, authoring more than 3,000 articles on crypto markets and regulatory developments. She is an active Web3 advocate in Armenia, with a broader interest in artificial intelligence and next-generation Web3 technologies. Full Profile Source: https://www.crypto-news-flash.com/xrp-etf-inflows-beat-bitcoin-and-eth/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-etf-inflows-beat-bitcoin-and-eth