Weekly Wrap: Ethereum’s meteoric rise, 44 million USD CoinDCX hack, altcoin treasuries, and more

Ethereum (ETH) jumped to over 3,800 USD this week, the highest since January 2022, driven by strong institutional interest and regulatory clarity. This reflects a thriving decentralized finance ecosystem with significant ETF inflows.

CoinDCX was hacked for 44.2 million USD, linked to North Korea’s Lazarus Group. Meanwhile, major institutions are buying Bitcoin, with notable purchases boosting confidence in BTC, as Tron celebrates its public listing, enhancing its visibility.

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