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Arbitrum DAO faces a U.S. court freeze on $71M ETH

A U.S. court order has placed Arbitrum DAOs planned use of frozen hack funds under legal restraint.A U.S. court has blocked Arbitrum DAO from moving 30,766 ETH tied to the Kelp DAO exploit after plaintiffs linked the funds to North Korea.Lawyers representing terrorism victims have argued the frozen ether can be seized to satisfy over $877 million in unpaid judgments against the DPRK.　　According to filings authorized by the U.S. District Court for the Southern District of New York, plaintiffs served a restraining notice on May 1 through Arbitrums governance forum, blocking any movement of 30,766 ETH, valued at nearly $71.1 million, that had been frozen by the Arbitrum Security Council after the Kelp DAO exploit.　　Lawyers representing the plaintiffs, identified as victims holding unpaid terrorism-related judgments against North Korea, have argued that the seized ether constitutes property in which the DPRK holds an interest. Their claim rests on allegations that the funds were stolen by the Lazarus Group on behalf of Pyongyang, a link previously attributed by LayerZero in its investigation of the breach.　　Arbitrum‘s intervention traces back to April 20, when its Security Council moved the assets into a controlled wallet after identifying attacker-linked addresses. In an April 21 update, the

05-04

Ethplorer’s Aleksandr Vat Says Ethereum’s Altseason Already Happened

According to Vat, this changes the picture of Ethereum wealth, liquidity, and risk. It also leads to one of Ethplorers more provocative conclusions: altseason may have already happened, but in balance sheets rather than price charts.　　Ethereums Rich List Has Changed　　BeInCrypto: At the conference, you discussed the new Ethereum ranking with the community. What is the Aggregated Ethereum Rich List, and why did Ethplorer build it？　　Aleksandr Vat: Ethplorer rebuilt the Ethereum rich list by ranking addresses not only by ETH, but by total USD value. That includes ETH, ERC-20 tokens, and stablecoins.　　The Aggregated Ranking of Ethereum addresses is based on totalBalanceUsd, unlike traditional rankings, which are sorted by ethBalanceUsd. The goal was simple. ETH-only rankings no longer show real economic power on Ethereum.　　BeInCrypto: What was fundamentally wrong with traditional ETH-based rankings？　　Aleksandr Vat: ETH-only rankings ignore most of the capital. Today, around 66% of value sits outside ETH, mostly in tokens and stablecoins. That means ETH-based lists give a distorted view of who controls liquidity and risk.　　BeInCrypto: What was the biggest insight when you first rebuilt the ranking？　　Aleksandr Vat: The biggest change was that the entire hierarchy changed. The same top 10,000 addresses hold almost three times more capital when tokens are

05-04

$1,000 in Little Pepe ($LILPEPE) Could Mirror Early Ethereum Gains if Adoption Trends Continue

Little Pepe is garnering more interest from investors due to their desire to invest in a project that shares similarities with the developmental stage of prominent cryptocurrencies. The token project has managed to amass over $28 million during its presale, thus allowing the project to gain substantial traction even as it nears completion. It is currently being offered at $0.0022 in Stage 13, while Stage 14 is priced at $0.0023. The systematic pricing approach used by the team has been effective in sustaining constant inflows of funds, which are usually associated with projects that have gone past the initial hype phase.　　Understanding the $1,000 Investment Potential　　An investment of $1,000 at todays presale prices will provide the purchaser with a considerable amount of tokens, and this is one of the important considerations when calculating any future gains from the investment. Early access is a very important aspect in the world of cryptocurrencies, since just a little increase in the price of the asset may result in considerable percentages. For example, in case of a 10x rise in the price, an initial $1,000 becomes $10,000. The similarity between early Ethereum investments and the discussed asset lies in accessing the project while its adoption

05-04

Ethereum Struggles Near $2.3K Resistance While New Meme Coins Like Little Pepe ($LILPEPE) Attract Early Capital

There is resistance at around the $2.3K mark for Ethereum. This particular mark has been a point of contention for Ethereum as the markets consolidate. Despite Ethereum being key to the smart contract market, the recent movements in its prices show more of a consolidative stage as opposed to one of growth. Consolidation in general acts as a precursor to a period during which investments rotate from one opportunity to another. With that in mind, the focus of many investors has shifted towards promising young assets, such as meme coins.　　Emerging Meme Coins Gain Favor in Early Investments　　When Ethereum is encountering some resistance, new meme coin tokens are becoming more favored among early investors. Investors interested in better yields are considering those tokens that are just getting started in terms of their gains and still offer good entry points for investors, as well as have significant room for growth. This is in line with what happened in previous market cycles, whereby capital flows away from established tokens into smaller ones after they become stabilized.　　Little Pepe Picks Up Steam Thanks to Excellent Presales　　Of the new projects that are currently on the rise, one name that stands out is Little Pepe ($LILPEPE), which

05-04

Solana Co-Founder Issues Dire Quantum Computing Warning for Ethereum Layer 2 Networks

Anatoly Yakovenko, Solana‘s co-founder, issued a warning that Ethereum’s Layer 2 solutions lack quantum resistanceAccording to Yakovenko, artificial intelligence may compromise post-quantum cryptographic systems sooner than anticipatedHis suggested mitigation strategy involves implementing two-of-three multisig configurations using independent cryptographic signaturesFalcon-512 post-quantum cryptography is being integrated into Solana for future accountsGalaxy Digital‘s Alex Thorn indicates emerging agreement to preserve Satoshi Nakamoto’s Bitcoin holdings　　Anatoly Yakovenko, one of Solana‘s co-founders, delivered a sobering assessment of quantum computing threats facing the cryptocurrency ecosystem. His remarks addressed vulnerabilities in Ethereum’s Layer 2 infrastructure, limitations of post-quantum cryptographic solutions, and artificial intelligences potential to accelerate security breaches.　　In a May 2, 2026 social media post, Yakovenko declared: “Ethereum L2s are not quantum safe, abandon all hope.” His comment responded to development updates highlighting Solanas advancement in quantum-resistant technology.　　Ethereums Layer 2 scaling solutions—including Arbitrum, Optimism, Base, and zkSync—continue to depend on the Elliptic Curve Digital Signature Algorithm. This cryptographic framework utilizes the secp256k1 curve, which sufficiently advanced quantum computing systems could theoretically compromise.　　During transaction broadcasts, senders expose their public keys to blockchain networks. A quantum computer with adequate processing capability could potentially exploit this information to derive corresponding private keys and gain unauthorized fund access.　　Yakovenko characterized this vulnerability as

05-04

Zcash Outpaces Bitcoin and Ethereum, but Analyst Flags Three Cracks in the Rally

Zcash (ZEC) Price Performance. 　　Crypto trader Altcoin Sherpa previously identified $398 as a critical resistance level for ZEC. He suggested the coin could rally to the mid-$400s or low-$500s if ZEC holds above that level, and it has already cleared that zone. Nonetheless, he also expects a “big pullback” once ZEC reaches the levels.　　I remain undefeated on zcash:native.　　Zcash Rises as 3 Signals Point to a Fragile Rally　　Meanwhile, the bullish view contrasts with on-chain analysis from Joao Wedson, founder and CEO of Alphractal. Wedson now sees three reasons for caution.　　“ZEC has gained fresh momentum, but it lacks on-chain structure and sentiment support,” he said.　　Wedson argued that long-term holders have already moved their coins earlier in the cycle, with little recent activity observed. He also pointed to a sharp drop in social media posts around the token.　　Lastly, the “Alpha Price” metric, used to estimate potential cycle tops, shows a wide gap near $1,500, suggesting that such levels may be unrealistic given historical behavior.　　“Even though ZEC is rising in the short term, extra caution is needed now due to market sensitivity. This could also be a signal for sellers who have not yet sold the remaining coins they still hold,” the executive added.　　While

05-04

Solana Price Prediction: Polymarket Prices $90 At 70% As Ethereum Money Moves In

SOL trades at $85.64, up 2.06%, pushing toward the 0.382 Fib at $84.74 with the 50-day EMA at $86.21 as the next resistance.Polymarket gives 70% odds SOL hits $90 in May, 24% for $100, with 64% pricing a $80 close as the most consensus downside.Solana pulled $381M in ecosystem inflows over three months with 69% sourced from Ethereum, per Artemis data.　　Solana trades at $85.64 on May 4, up 2%, with Polymarkets monthly market pricing 70% odds of a $90 close in May and on-chain data showing $381M in ecosystem inflows over the past three months, 69% of which came from Ethereum.　　SOL Daily Chart: Fibonacci Resistance Stacks Up At $86 To $90　　The Fibonacci retracement runs from the cycle low at $76.73 to the swing high at $97.69. SOL has been working through those levels since the March peak and is currently sitting between the 0.382 at $84.74 and the 0.5 at $87.21, with todays session pushing into that range. The 50-day EMA at $86.21 sits inside the same zone, making $84.74 to $87.21 the immediate decision range.　　The descending trendline from the March high runs through the $87 to $88 area, adding a third layer of resistance to the 0.5 Fib and

05-04

Ethereum Price Prediction: $2.5K Wall Blocks $4.9K Target

Ethereum is trying to build a long term recovery pattern, but the $2,400 to $2,500 resistance zone is still blocking momentum. A breakout above that area could reopen the path toward $2,800 first, while the larger chart still points to $4,900 as the major target.　　Ethereum Eyes $4,900 Resistance as Chart Shows Possible Bottom Pattern　　Ethereum traded near $2,303 on the weekly ETH/USDT chart shared by Ray, while price continued to recover from the trendline support area.　　The chart shows ETH holding above a long rising support line that has guided major lows since 2020. Ethereum recently bounced from the same trendline area, forming what the chart labels as the “Head” in a possible inverse head and shoulders setup.　　Ethereum Inverse Head and Shoulders Chart: Source:　　The left shoulder formed after ETH dropped from the 2025 high area and recovered near the mid range. The head formed later, when price fell deeper toward the rising support line before rebounding. The chart now marks a possible right shoulder as ETH trades around the $2,300 area.　　This structure matters because an inverse head and shoulders pattern can show a possible trend reversal. However, the setup remains incomplete until ETH breaks above the neckline area. On this chart, that

05-04

Ripple CTO Emeritus on ETH Decision: Even 1% Chance Would Have Changed Everything

In a recent discussion on X, Ripple CTO Emeritus David Schwartz reflected on his early Ethereum exit. An X user had retold Schwartz‘s story of selling his ETH holdings for $1.05 each and that the Ripple CTO Emeritus wouldn’t have sold if he thought there was a 1% chance of ETH hitting $2,368.　　Schwartz famously sold a total of 40,000 ETH when the second largest cryptocurrency was trading at just $1.05. The Ripple CTO Emeritus initially bought the 40,000 ETH tokens at $0.311 and sold because he thought the token had reached its top. The proceeds were used to purchase a set of solar panels that he installed at his home in Oakland, California. Shortly after this, the ETH price started rising.　　In response to the X user, Schwartz responded that a 1% chance of his knowing the ETH price would rise might have made a difference and he would not have sold it for $1.05. To him, the odds of ETH reaching $2,368 werent just there.　　Crypto Regulation 2026: What Is Happening in Russia？　　Bitcoin Might Never Trade Below $60K Again　　If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05. Im still

05-04

XRP News: Ripple Ex-CTO Shares Reality Check On XRP Ledgers 1500 TPS Speed

David Schwartz, former CTO of Ripple, sparked XRP news headlines as he provided a reality check on widely quoted performance claims of the XRP Ledger. He especially remarked on the networks theoretical 1,500 transactions per second (TPS) capacity.　　XRP News: Ripple CTO Emeritus Clears The Air On XRPL Speed　　He responded to Banaxchange media platform‘s questions regarding the XRP Ledger’s speed. His comments led to another wave of community discussions after previously dismissing ‘secret plan’ claims around Ripple.　　Schwartz clarified that the network‘s architecture doesn’t provide a strict limit to the number of transactions that can be submitted at a time.　　“There really is no limit to the number that could be handled at once because they could be distributed throughout the various nodes running the software and percolate to the validators over time,” he said.　　However, he stressed, this does not map to instant scale processing. With a hypothetical scenario, Schwartz mentioned that “someone dumping, say, a million transactions on the network at once” would take a long time before all the transactions could be confirmed.　　In the XRP news today, Schwartz also wrote about the frequently-quoted 1,500 TPS benchmark. He described it as a capability under ideal or “realistic conditions.” On the contrary, he

05-04

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