Ethereum derivatives unfazed by DeFi hacks: Can ETH hit $2.6K next?
ETH futures and options signal quiet confidence among pros despite macro headwinds and DeFi exploits, keeping the $2,600 price target in play.
Crypto News·
Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols. Galaxy Digital and SharpLink announced a non-binding agreement on May 11 to launch the Galaxy Sharplink Onchain Yield Fund, a…
Read full articleETH futures and options signal quiet confidence among pros despite macro headwinds and DeFi exploits, keeping the $2,600 price target in play.
The post Ether Hits 10-Month Low Against Bitcoin as ETH ETFs Lag, Sharplink Eyes $16 Target appeared on BitcoinEthereumNews.com. Ethereum News The ether-to-bitcoin ratio slid to 0.02835 on Tuesday, marking the weakest reading since July 2025 and extending a 35% retreat from the August peak of 0.04324. The pair has now fallen roughly 2% on the session against bitcoin’s 1% decline, deepening a divergence that has defined the past several months. The ratio remains substantially below its 200-week moving average near 0.04828, a level technical traders view as confirmation that Ethereum sits in a structural bear market relative to bitcoin. Capital rotation toward bitcoin since the January 2024 spot ETF launches continues to weigh on relative performance, despite a sharp interim rebound through late 2025. Ether has tested the $2,400 resistance zone five times over the past month, with each attempt fading without follow-through. The persistent rejection coincides with weak institutional flows
WLFI team wallets burned 100M tokens worth $6.68M as part of a Lockbox unlock, a cosmetic squeeze against a looming 62B‑token overhang and choppy price outlook. Team-linked wallets for World Liberty Financial (WLFI), the DeFi project associated with the Trump…
World Liberty Financial shifted $55.57M in WLFI into an unlock contract, then backed off a 62B token unlock as whales and governance backlash force tighter vesting. The team behind World Liberty Financial (WLFI), a DeFi project closely associated with the…
SparkLend's wBTC cap increase could boost DeFi liquidity but heightens systemic risk if Bitcoin prices fall or custodial issues arise. The post SparkLend increases wBTC deposit cap from 3,000 to 30,000 wBTC in aggressive DeFi expansion appeared first on Crypto Briefing.
Gemini, Bitget & Neyro lead agentic AI trading push as market forecast hits $139B by 2034, bringing autonomous agents into crypto & DeFi infrastructure. Agentic AI are systems that do not just classify data but monitor environments, make decisions and…
Learn how the CLARITY Act could reshape U.S. crypto regulation, SEC/CFTC oversight, exchanges, tokens, DeFi, and investor risk.
The post Huma Finance exploit Polygon: $101,000 loss from V1 pools appeared on BitcoinEthereumNews.com. A Huma Finance exploit Polygon incident has put a familiar DeFi problem back in the spotlight: old contracts can stay dangerous long after a protocol has moved on. Huma Finance said roughly $101,000 was drained from its deprecated V1 BaseCreditPool contracts on Polygon on May 11, but user deposits were not affected. The attacker pulled out 82,316 USDC and 19,075 USDC.e through unauthorized drawdowns, according to the protocol’s disclosure. Just as important for users, Huma said the losses were limited to pool owner fees and protocol fees, not customer funds. That distinction matters. In crypto, the words “exploit” and “drained” can quickly trigger fears of wider contagion. Here, Huma drew a sharp line between the older Polygon-based system that was hit and the parts of the project still running normally, including PayFi Strategy Token (PST) and Huma’s V2 deployment on Solana. Huma Fi