Ethereum News: Privacy Pools Launches with Support from Buterin, Aiming to Normalize Privacy in the Ethereum Ecosystem

In a move that could significantly enhance privacy for Ethereum users, 0xbow has launched Privacy Pools, a groundbreaking blockchain tool that leverages zero-knowledge proofs. The mainnet launch, announced on March 31, 2025, has garnered support from Ethereum co-founder Vitalik Buterin and aims to make privacy a normal aspect of the Ethereum ecosystem.

Privacy Pools Launches on Ethereum with Buterin’s Support

Privacy-focused infrastructure provider 0xbow has launched Privacy Pools, a new blockchain tool that allows Ethereum (ETH) users to protect their transaction history while attempting to avoid illicit funds. Privacy Pools utilizes zero-knowledge proofs to enable private ERC-20 token transfers. The mainnet launch was announced on March 31, 2025, with the goal of making privacy normal again in the Ethereum ecosystem.

Ethereum Price Prediction 2025: Can ETH Recover or Will It Crash Further?

The wider cryptocurrency market opened the last week of the first quarter of 2025 with a bearish outlook. The total crypto market cap slipped nearly 4 percent in the past 24 hours to hover about $2.74 trillion. Ethereum (ETH) price dropped over 9 percent last week to trade around $1,809 on Monday, March 31, 2025, continuing to suffer a more macro bearish outlook. Whales’ signals indicate distress for ETH, adding to the uncertainty around its future.

Ethereum Transaction Fees Hit 4-Year Low: Will ETH Price Recover Now?

Ethereum is facing a tough time as its price has dropped 55% from its December high of $4,000 to below $1,800, making it one of the weakest performers among major cryptocurrencies. At the same time, Ethereum transaction fees have hit a four-year low, sparking debates on whether this is a sign of reduced network activity or a potential setup for a market rebound. Lower fees make transactions more affordable for users, particularly retail investors who often avoid Ethereum due to high costs. This sudden decline in transaction fees has caught the attention of the crypto community.

zkLend Hacker Loses Stolen Ether to Phishing Scheme

The hacker behind the $9.6 million exploit of the decentralized lending platform zkLend in February has fallen victim to a phishing website posing as a Tornado Cash front-end. The scam tricked the hacker into losing 2,930 Ether from the stolen funds. This incident adds a surprising twist to the zkLend breach saga, highlighting the persistent risks and vulnerabilities in the crypto space, even for cybercriminals.