According to @CryptoMichNL, he plans to publish a weekend long-read detailing his strategy for investing in altcoins, focusing on whether investors should consider swapping ETH for altcoins. Source: X post by @CryptoMichNL on Aug 8, 2025. No additional data, trade setups, or timing guidance were provided in the post. Source: X post by @CryptoMichNL on Aug 8, 2025.

According to Lookonchain, Cork Protocol suffered a significant security breach resulting in the theft of 3,762 wstETH, valued at approximately $12 million. The attacker promptly exchanged the stolen wstETH for 4,530 ETH of equal value, as verified by on-chain data from Etherscan. This exploit highlights the persistent risks in DeFi protocols and may trigger increased volatility and caution among traders interacting with wstETH, ETH, and DeFi-related tokens. Such incidents often lead to sharp price reactions and can affect liquidity in related markets (source: Lookonchain, Etherscan).