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Zero Hash, a crypto and stablecoin infrastructure provider, is expanding its solution with the integration of PayPal USD. The crypto-as-a-service platform announced the integration of PayPal USD ( PYUSD ) on Mar.10, noting that users can now access the stablecoin on the Ethereum ( ETH ) and Solana ( SOL ) networks. PYUSD, a PayPal stablecoin issued by Paxos, is the latest product Zero Hash is adding to its suite. The platform already offers payments and other services integration with top stablecoins Tether ( USDT ) and USDC ( USDC ). Others are Dai, Circle’s euro-backed EURC, Ripple’s RLUSD, and Paxos’ Pax Dollar. Users will benefit from the U.S. dollar-pegged stablecoin’s features via Zero Hash’s application programming interface and software development kits. “Zero Hash offers the tech stack that powers use cases across Stripe’s payout products, on-ramps including Shift4, and tokenization payment rails used by Franklin Templeton,”said Edward Woodford, founder and chief executive officer at Zero Hash. Beyond cross-border payments and trading, Zero Hash’s customer base spans use cases such as remittances, tokenization, on- and off-ramps, wallet integration, and payrolls. This has led the platform to partner with Felix, Securitize and Kalshi. Backed by Point72 Ventures, Bain Capital and Nyca Partners, Zero Hash also has an extensive regulatory footprint. It has approval as a money service business by the Financial Crimes Enforcement Network and also holds a money transmitter license that allows it to operate across 51 jurisdictions in the U.S. Backed by Point72 Ventures, Bain Capital, and Nyca Partners, Zero Hash also has an extensive regulatory footprint. It is registered as a money service business with the Financial Crimes Enforcement Network and holds a money transmitter license that allows it to operate across 51 jurisdictions in the U.S. Meanwhile, PayPal USD launched in August 2023 and offers a 1:1 U.S. dollar backed stablecoin. Currently, PYUSD is the ninth-largest by market cap with over $720 million and is natively available on Ethereum and Solana. The stablecoin also recently expanded to Cardano via the Wanchain cross-chain bridge.

Shiba Inu (SHIB) , once considered one of the most promising meme coins, is now facing intense selling pressure and a prolonged downtrend. After hitting impressive highs, SHIB has gradually lost momentum, slipping into a bearish phase. Currently trading at $0.00001215, SHIB price is struggling to maintain key support levels, raising concerns among investors. With the market sentiment turning negative, many are asking: Will Shiba Inu price crash to zero , or is a major recovery still possible? Let's analyze SHIB’s technical indicators, support zones, and potential breakout scenarios to determine whether the meme coin can still stage a comeback. SHIB’s price action suggests that it has entered a strong bearish cycle, with consecutive lower highs and lower lows on the daily chart. Since peaking at $0.000032, SHIB has steadily lost ground, now hovering near multi-month lows. The consistent downtrend structure signals that buyers are not stepping in with enough volume, allowing sellers to dominate. If this trend continues, SHIB could face even steeper declines, increasing the risk of a long-term downtrend. A crucial factor to watch is Shiba Inu’s Relative Strength Index (RSI), which indicates whether an asset is overbought or oversold. Although an oversold RSI increases the probability of a short-term rally, it does not guarantee a long-term recovery, especially if the broader market remains bearish. The Moving Average Convergence Divergence (MACD) indicator helps assess momentum strength and trend direction. For a bullish trend reversal, SHIB’s MACD line must cross above the signal line, which has not happened yet. Until this occurs, the bearish trend is expected to continue. Shiba Inu is now at a make-or-break level, with critical support zones being tested. At present, SHIB price is closer to breaking support than attempting a recovery, suggesting that further downside is more likely unless buyers step in with significant volume. The biggest concern for investors is whether SHIB will continue falling or manage to stage a comeback. Shiba Inu is at a critical decision point . If it fails to hold $0.00001200, a major crash could occur, taking it down another 20-30%. The RSI suggests a possible bounce, but with a weak MACD and bearish price structure, SHIB’s downtrend remains intact. For short-term traders, buying at key support zones could offer quick gains if a relief rally happens. However, for long-term holders, it is crucial to wait for bullish confirmations, such as MACD crossovers and higher highs, before expecting a sustained uptrend. If Shiba Inu does not show strong bullish momentum soon, its price could continue bleeding downward—potentially toward zero in the worst-case scenario.

Ethereum’s Pectra upgrade faces exploit on Sepolia, triggering empty block mining Cointelegraph reported on X that an unknown attacker exploited a zero-token transfer edge case on the Sepolia testnet, disrupting Ethereum’s $ETH Pectra upgrade and leading to empty block mining. The upgrade includes 10 Ethereum Improvement Proposals (EIPs), with EIP-7742 introducing automatic blob gas capacity adjustments for the consensus layer.

An unknown attacker prompted Ethereum developers to roll out a “private fix” as the network grappled with technical issues during the Pectra upgrade on the Sepolia testnet. In a post-incident report , Ethereum developer Marius van der Wijden revealed that the attacker exploited an overlooked “edge case,” repeatedly triggering errors by sending zero-token transfers to the deposit contract, further complicating an already troubled rollout. On March 5, the Pectra upgrade went live on Sepolia, but almost immediately, developers started seeing error messages popping up on their geth nodes, alongside an increase in empty blocks being mined. According to van der Wijden, the issue stemmed from the deposit contract emitting an unexpected event—a transfer event instead of the required deposit event—which caused nodes to reject transactions and produce only empty blocks. The bug was linked to EIP-6110, which required all logs from the deposit contract to be processed uniformly. The geth team rolled out a fix that would “ignore all erroneous logs coming from the deposit contract,” but developers reportedly overlooked a specific edge case in the ERC-20 standard. “The ERC20 standard does not forbid 0 token transfer, this allows anyone (even if they don’t own any token) to transfer 0 tokens to another address which will emit an event,” van der Wijden explained, adding that an “attacker” took advantage of this by repeatedly sending zero-token transfers to the deposit contract. This triggered the same error and caused the network to continue mining empty blocks. Initially, developers suspected a trusted validator had made a mistake, but upon investigation, they traced the issue to a newly funded account from a public faucet. To stop the attack, developers needed to filter out transactions interacting with the deposit contract. However, they suspected that the attacker was monitoring their chats, which prompted them to roll out a “private fix” to select DevOps nodes controlling about 10% of the network. Once the fix was deployed, nodes resumed producing full blocks, allowing the chain to function normally by 14:00 UTC. A few blocks later, the attacker’s transaction was successfully mined, confirming that all node operators had updated. Despite the disruptions, Ethereum “never lost finalization”, and the issue was limited to Sepolia, as its token-gated deposit contract differed from the Ethereum mainnet deposit contract, according to van der Wijden. Nevertheless, developers have decided to delay the Pectra upgrade for further testing and debugging. What is Ethereum’s Pectra upgrade? The Pectra fork is designed to enhance ETH staking, improve layer 2 scalability, and expand network capacity. It introduces 11 Ethereum Improvement Proposals (EIPs) and marks the first major upgrade since Dencun , which went live in March 2024. As previously reported by crypto.news, developers planned to deploy Pectra on the mainnet by April 8, provided that both the Holesky and Sepolia testnets successfully completed their upgrades. The upgrade was first implemented on the Holesky testnet on February 24, where it also ran into technical issues that prevented finalization.

🚨The Ethereum ecosystem has reported disruptions in its Pectra upgrade‼️⚠️ An unknown attacker is known to have exploited the zero-token transfer edge during Sepolia mainnet's Pectra Upgrade! 🌐🕵️‍♂️