
A Forged Batch Root Drains zkLink Nova's Ethereum Bridge
Blockaid flagged withdrawals from zkLink Nova's layer-1 escrow while the attack was still live. The loss is reported two ways, near $786,000 and near $779,000.
Altcoins, ETH & general crypto

Blockaid flagged withdrawals from zkLink Nova's layer-1 escrow while the attack was still live. The loss is reported two ways, near $786,000 and near $779,000.

A trading account's post ranks six assets by what $10,000 would be worth now if it had been bought in the March 2020 Covid crash. Ethereum leads at $205,000, ahead of altcoins at $195,000 and bitcoin at $130,000. Gold sits last at $28,500.

BitMine Immersion bought 27,180 ETH in the week to 13 September, taking its holdings to 5,956,378 tokens, about 4.9% of the supply. The company values the position at $14.96 billion and has 85% of it staked.

A single-slide post circulating on Instagram sets out three multipliers: Bitcoin 2x by 2027, Ethereum 5x by 2028, altcoins 100x by 2029. It names no author and no method. Bitcoin traded near $77,000 on 10 September.

A new nonprofit backed by BitMine, SharpLink Gaming and Joseph Lubin takes on institutional outreach for Ethereum, days after the Foundation cut that work back.

The Ethereum Foundation confirmed its largest-ever restructuring: 54 roles gone, about 20% of staff, and a 2026 budget cut of roughly 40%. Co-Executive Director Hsiao-Wei Wang resigned, and Privacy and Scaling Explorations is being wound down.

The latest report on BitMine Ethereum accumulation highlights a significant strategic divergence: despite recording a $3.8B loss, the company doubled down on ETH staking positions.

Despite the broader market correction, major funds are actively increasing their positions in Ethereum and Solana -- a sign that institutional conviction in Layer-1s remains intact heading into Q2.

Executive summary: Bitcoin surged 7.5% overnight, hitting a local high above 72,700. Ethereum and Solana followed with double-digit moves. Here's the breakdown of what happened and why.