$ETH

Ethereum (ETH) is currently trading at $2,709.56, reflecting a decrease of 2.58% over the past 24 hours. In a significant security breach, hackers have stolen approximately $1.5 billion in Ethereum tokens from the crypto exchange Bybit, marking the largest theft in the digital asset industry’s history.  In response, Arthur Hayes, co-founder of BitMEX, has proposed rolling back the Ethereum network to negate the effects of the hack.  Despite this setback, Ethereum’s energy consumption has significantly decreased by 99.9% since its transition to a proof-of-stake system in September 2022.