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Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH

The update aims to streamline staking, enhance wallet functionality, and improve overall efficiency.

Updated May 7, 2025, 5:05 p.m. Published May 7, 2025, 10:08 a.m.
Ethereum Abstract Crystal

What to know:

  • Ethereum activated its long-awaited “Pectra” upgrade on Wednesday, marking the blockchain’s most significant overhaul since the Merge in 2022.
  • The update aims to streamline staking, enhance wallet functionality, and improve overall efficiency.
  • It arrives as Ethereum contends with rising competition and internal debates over its direction.

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Microsoft Raises Alarm of Malware Targeting Coinbase, MetaMask Wallets

Microsoft shareholders voted against adding bitcoin to its company's treasury. (Photo by Craig T Fruchtman/Getty Images)

A new report from Microsoft researchers warned of malware that could steal and decrypt users’ information from 20 of some of the most popular cryptocurrency wallets.

What to know:

  • Tech giant Microsoft shared a new report warning of malware that targets 20 of the most popular cryptocurrency wallets used with the Google Chrome extension.
  • The malware, dubbed StilachiRAT, could deploy “sophisticated techniques to evade detection, persist in the target environment, and exfiltrate sensitive data."
  • While the malware has not been distributed widely, Microsoft did share that it has not been able to identify what entity is behind the threat.