Ethereum News: HashKey Global Integrates Ethereum on Base Network for Enhanced Transaction Efficiency

HashKey Global, a leading digital asset exchange, has made a strategic move to enhance the efficiency of Ethereum (ETH) transactions on its platform. By integrating Ethereum support on the Base network, the exchange is now offering cheaper and more streamlined fund transfers for users interacting with the Ethereum blockchain ecosystem.

HashKey Global Supports Ethereum on Base Network

HashKey Global, a flagship digital asset exchange under HashKey Group, has integrated Ethereum (ETH) support on the Base network. This move allows for cheaper and more efficient fund transfers to and from the exchange when interacting with the Ethereum blockchain ecosystem. HashKey Global now supports ETH transactions across three networks: ERC-20, Base (BASE), and Arbitrum (ARB). The integration is part of the growing adoption of Ethereum’s Layer 2 solutions by exchanges to alleviate congestion and high fees on Ethereum’s mainnet.

Ether Came Close to Massive Liquidation

An ether (ETH) position worth more than $126 million came within 4% of being liquidated amid a crypto market plunge on Tuesday. ETH has now retraced more than the entirety of Sunday’s rally, shedding 22% of its value in the past 48 hours as it trades at $2,080. A bounce at $2,000 protected Ethereum’s DeFi ecosystem from liquidations. Key liquidation levels to watch are $1,929, $1,844, and $1,796, with a combined value of $349 million at risk.

ByBit CEO Warns of Critical Week to Freeze $1.4 Billion Stolen Crypto

The CEO of Bybit has warned that the exchange is in a race against time to recover the $1.4 billion in crypto stolen by North Korean hackers. In an update, Ben Zhou revealed that 20% of the Ethereum taken in last month’s attack has already ’gone dark.’ About 77% of the illicit funds remain traceable, with only 3% successfully frozen. Data from Nansen shows that the responsible party, linked to the Lazarus Group, has officially emptied their wallet, going from $1.4 billion to $1,429 in 10 days.

Ethereum Price Breakout Looming? TradFi Token Soars 650%

The crypto market is experiencing fresh bullish momentum as Ethereum (ETH) gains steadily with institutional inflows on the rise. President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve has boosted optimism, pushing ETH to around $2,400 with expectations of further increases. While Ethereum remains a crypto giant, investors are also flocking to a rapidly growing TradFi token which has already jumped 650%. DTX Exchange is becoming a popular investment for those seeking exponential returns.