Over $2.6 billion was wiped out across the crypto market as institutions saw 
sub-$60,000 BTC as a buy-the-dip opportunity.

Bitcoin price rebounds 11% to $65K: Who is buying the dip?

This incident highlights the critical need for robust error-checking 
mechanisms in crypto exchanges to prevent market disruptions.
The post Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 
BTC to users appeared first on Crypto Briefing.

Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 BTC to users

Recent on-chain data has shown that Vitalik Buterin&#8217;s withdrawal of 16,384 
Ethereum has sparked renewed debate around the ETH distribution and founder 
intent. While large wallet movements often trigger speculation, this transfer 
aligns with a long-standing reality of the ETH development model, and the 
network is largely self-funded by its founders and ecosystem contributors. 
Ethereum founder Vitalik Buterin&#8217;s recent withdrawal and sale of 16,384 ETH 
was not a market signal, but a deliberate funding decision. The Ethereum Daily 
revealed on X that the ETH was withdrawn to personally finance open-source 
initiatives aimed at building a secure, verifiable, and open full stack of 
software and hardware. How This Impacts ETH&#8217;s Supply And Market Perception 
These efforts span a wide range of critical technologies, including privacy- 
preserving systems. Examples are zero-knowledge proofs (ZK), fully homomorphic 
encryption (FHE), and differential privacy, as well as secure hardware, 
encrypted messaging apps, local-first software, opening systems, finance, 
communication, governance tools, and even biotech and public health research. 
Related Reading: Ethereum Active Addresses Near All-Time High Despite Price 
Plunge Vitalik framed this move within the broader context of the ETH 
Foundation&#8217;s strategy to reduce costs and refocus basics to ensure long-term 
stability. At the same time, they&#8217;re pushing ETH forward with improved scaling 
and greater decentralization, and offering users full control over their data 
and assets. According to Materkel, an Ethereum decentralization maxi, the 
statement, “the last five years were a mistake” from some former ETH 
maximalists, was a complete misconception. ETH is actively transitioning into 
a rollup-centric architecture, which means the last several years of research 
and development were not wasted. ETH is profiting from every second of effort 
invested in research and the work surrounding rollups, particularly in areas 
like ZKVMs, which would not be nearly where they are today without the ETH 
rollup-centric roadmap. As outlined in Vitalik Buterin&#8217;s early writings, this 
trajectory was always the intended endgame for Layer 1 scaling. The 
alternative approaches would have been a subpar solution. Related Reading: 
Ethereum Faces High-Stakes Moment at $2,200 as Whale Longs Clash With Bearish 
Flow Data Currently, ETH has reached the point where it can unify the rollup 
ecosystem through native rollups and synchronous composability. However, the 
rollups remain the future of scaling, and ETH is positioned to serve as their 
primary issuance and settlement layer and security anchor, at the heart of the 
robust ecosystem. Ethereum As The Operating System Of The Internet Economy The 
Ether Machine has noted that Ethereum functions as the operating system for a 
new internet-native economy. Rather than existing solely as a digital asset, 
ETH operates as a self-sustaining economic system where applications drive 
demand, network activity generates fees that capture value, and staking 
provides the security that powers global financial settlement. Featured image 
from Getty Images, chart from Tradingview.com

Here’s Why Vitalik Withdrew 16,384 Ethereum To Self-Fund The Roadmap

NFT minting expanded in 2025 even as sales fell sharply, leaving more tokens 
chasing fewer buyers.

NFT market cap slides back to 2021 pre-hype levels, near $1.5B

South Korean crypto exchange Bithumb was thrust into the spotlight on Friday 
after claims surfaced on social media that an internal error led to the 
accidental distribution of 2,000 Bitcoin to users, triggering a sharp price 
dislocation on the platform.…

Cryptocurrency price in INR