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Grayscale eyes Ethereum’s growth post-Dencun technological boost

Ethereum

In a recent analysis by Grayscale, a leading digital currency asset manager, the forthcoming Dencun upgrade for Ethereum has been identified as a significant factor contributing to the recent uptick in Ether (ETH) prices. According to a report published on February 23 by William Ogden Moore, a research analyst at Grayscale, the anticipation surrounding the […]

Bitcoin who? Ethereum and Binance Coin lead market surge this week

Bitcoin

Bitcoin, the pioneering crypto, has long been the focal point of the digital asset market. However, recent market dynamics have seen a shift in attention towards alternative cryptocurrencies, notably Ethereum and Binance Coin. Despite Bitcoin’s decline of 2.8% in the past week, Ethereum and Binance Coin have surged in prominence.  Ethereum, with its versatile ecosystem […]

Reddit allocates excess cash to Bitcoin and Ethereum

Reddit allocates excess cash to Bitcoin and Ethereum

Reddit, the colossal name in social media circles, has been quietly funneling its extra dough into Bitcoin and Ethereum, eyeing the crypto industry’s “significant potential.” Yeah, you heard that right. Reddit’s betting on the crypto train, but don’t get too excited— We hear that they’re calling the cash they’ve thrown in “immaterial.” They’ve been dabbling […]

Axie Infinity co-founder’s $9.7M Ethereum hack raises security concerns

Axie Infinity

In a significant security breach, Jeff “Jihoz” Zirlin, a co-founder of the popular blockchain game Axie Infinity and the Ronin Network, has reportedly lost approximately $9.7 million in Ethereum (ETH) due to a hack of two of his crypto wallets. The incident, which involved the theft of 3,248 ETH, was first brought to public attention […]

Ethereum surpasses $3k for the first time in 2 years

Ethereum

Ethereum has blasted past the $3,000 mark as of February 20, marking a significant milestone not seen since April 2022. This achievement highlights a strong uptick in the cryptocurrency’s valuation, with ETH’s price escalating from $2,881 just a day earlier. The surge also amounts to an impressive 4% increase within a mere 24 hours and […]

Cardano founder Charles Hoskinson blasts XRP community amid SEC drama

Charles Hoskinson

In a recent Ask Me Anything (AMA) session, Charles Hoskinson, the founder of Cardano, addressed the ongoing hostility between himself and members of the XRP community. Hoskinson’s comments come amidst legal scrutiny involving Ripple, the company behind XRP, and allegations against Ethereum officials. The Cardano leader criticized XRP community members for perpetuating what he describes […]

Ethereum anticipates game-changing Verkle trees integration for enhanced efficiency

Ethereum

In a recent development within the Ethereum (ETH) community, Vitalik Buterin, the co-founder of the blockchain network, has expressed keen anticipation for integrating Verkle trees. This innovative data structure is poised to revolutionize the efficiency of staking nodes on the Ethereum network, promising significant improvements in disk space utilization and synchronization speed. Benefits of Verkle […]

Ethereum ETF March launch questioned by analyst

Ethereum ETF

James Seyffart, a Bloomberg Intelligence research analyst focusing on ETFs, has publicly voiced his skepticism regarding the much-anticipated launch of an Ethereum ETF in March. Despite growing speculation within the cryptocurrency community, Seyffart’s stance introduces a dose of reality, challenging the prevailing optimism. Analyst’s skepticism amidst market speculation Seyffart’s skepticism comes when the crypto community […]

Ether.fi Hits 450K ETH Milestone: A Glimpse into the Future of Ethereum Staking

Ether.fi Hits 450K ETH Milestone: A Glimpse into the Future of Ethereum Staking

Ether.fi, a prominent player in the Ethereum staking arena, has recently announced a significant milestone, having successfully staked 450,000 ETH.  The development signals not only the platform’s robust growth but also the increasing confidence and interest within the Ethereum community towards staking as a viable means of earning passive income. Moreover, the Ether.fi team has […]

Ethereum bulls aim high for $3k, but here’s the kicker

Ethereum bulls aim high for $3k, but here's the kicker

Ethereum is flirting dangerously close to the $2,800 mark, which is a prelude to the much-anticipated $3,000 threshold. Over the last 10 days, Ethereum has seen a bullish surge, accumulating an impressive 21.5% gain. This uptick is a well-fueled rally, thanks in part to the influx of investment following the launch of a spot Bitcoin […]

Is EIP-4844 the game-changer Ethereum Rollups have been waiting for?

EIP-4844

Ethereum Improvement Proposal (EIP-4844) introduces significant enhancements for Ethereum rollups, marking a pivotal advancement in Ethereum’s scalability and efficiency. Rollups, a layer 2 scaling solution, leverage Ethereum’s security while processing transactions off-chain, thereby alleviating network congestion and reducing gas fees.  EIP-4844 introduces a novel transaction type that enables the storage of “blobs” of data in […]

Ever wondered how much a hacker needs to execute a 51% attack on Bitcoin and Ethereum?

Bitcoin

Crypto networks like Bitcoin and Ethereum rely on decentralization and consensus mechanisms to maintain security and integrity. However, the threat of a 51% attack looms over these networks, where a group of miners controls more than half of the network’s mining hash rate, potentially allowing them to manipulate transactions. Understanding the cost implications of such […]

Whale accumulates Ethereum while dumping wrapped Bitcoin via Aave

Ethereum

In recent on-chain data analysis, a significant player in the cryptocurrency market has been observed accumulating Ethereum (ETH) while offloading Wrapped Bitcoin (WBTC) through the decentralized finance (DeFi) protocol Aave. This move signals a strategic shift in the investor’s portfolio, opting for ETH over the resurgent Bitcoin (BTC) in anticipation of potential gains in the […]

Tim Beiko unveils Ethereum’s latest ACDE call insights

Ethereum

In a recent series of social media posts, Tim Beiko, a prominent figure in the Ethereum ecosystem, provided significant insights into the latest developments from the All Core Devs Execution (ACDE) call. The discussions primarily revolved around the progress of various Ethereum Improvement Proposals (EIPs), particularly emphasizing EIP-2935 and its potential integration of Verkle trees. […]

Are whales driving Ethereum’s (ETH) price surge over Bitcoin (BTC)?

Ethereum

A significant player in the cryptocurrency market has recently executed a substantial transaction, indicating a strong vote of confidence in Ethereum (ETH) over Bitcoin (BTC). According to data from Lookonchain, a reputable cryptocurrency analytics platform, this investor has borrowed 280 Wrapped Bitcoin (WBTC) worth $14.6 million from the decentralized finance protocol Aave. Subsequently, they converted […]

Starknet’s STRK token airdrop to shake up layer-2 chains

Starknet

Layer-2 Chain Starknet, a prominent Ethereum scaling solution, is generating substantial anticipation with its forthcoming STRK token airdrop scheduled for next week. This event marks a significant milestone for Starknet as it prepares to distribute a total of 1.8 billion STRK tokens, encompassing both the airdrop allocation and additional incentives for DeFi participants.  The airdrop, […]

Ethereum devs create DN-404 in response to ERC-404 gas issues

Ethereum

A group of Ethereum application developers recently introduced a new token contract named DN-404 in response to the growing issues associated with the ERC-404 standard. ERC-404, an experimental standard, had gained significant popularity but also led to network congestion and increased fee rates on the ETH platform. DN-404, which stands for “Divisible NFT-404,” is built […]

Ethereum gas fees reach highest level in 8 months

Ethereum

As Ethereum’s gas fees skyrocket to their highest point in eight months, enthusiasts and skeptics alike are buckling up for what appears to be another rollercoaster ride in the cryptocurrency market. This increase corresponds with a significant 10% increase in Ether’s price for the first nine days of February, bringing the cryptocurrency’s worth beyond $2,450 […]

Ethereum network registers spike in new validators

Ethereum

The Ethereum network is witnessing a notable surge in the number of validators looking to stake their ether (ETH), according to data from ValidatorQueue. The validator entry queue has spiked to 7,045, marking the highest level since October 6. This influx represents over 225,000 ether, translating to approximately $562 million, and it is anticipated to […]

Ethereum sees major shift with co-founder’s hefty transfer

Ethereum

Ethereum co-founder Jeffrey Wilcke has transferred a substantial amount of Ethereum (ETH) to the cryptocurrency exchange Kraken. The transaction, involving 4,300 ETH valued at approximately $10.7 million, has sparked discussions regarding its potential impact on the market price of ETH. This event comes on the heels of a previous deposit by Wilcke, where 22,000 ETH […]

Ethereum tops the chart of blockchains most impacted by crypto scams, study finds

Ethereum_tops_the_chart_of_blockchains_most

Ethereum has been identified as the blockchain most affected by cryptocurrency scams over the past year. The analysis, which leveraged data from the REKT database, highlighted the vulnerability of various blockchains to scams, with Ethereum experiencing significant losses. Despite efforts to recover stolen funds, Ethereum’s total adjusted losses have soared, amounting to £576.6 million, even […]

Ethereum: Experts predict positive trajectory

Ethereum

Ethereum (ETH) enthusiasts and investors eagerly anticipate the cryptocurrency’s performance in 2024, with experts forecasting a promising outlook. According to a recent report by Finder, Ethereum is anticipated to approach its all-time high, with predictions setting its value at $4,887 by the end of the year.  This forecast falls just slightly below the peak of […]

Optimism announce plans to pause ETH withdrawals next week

Optimism

Optimism, a Layer 2 network designed to enhance scalability and reduce transaction costs for decentralized applications (dapps) on the Ethereum blockchain, is set to undergo a temporary halt in ether (ETH) withdrawals on February 15th. The pause, lasting for one hour, is scheduled to facilitate the testing of an upgraded incident response system aimed at […]

Ethereum custody by Prometheum to test SEC’s crypto securities stance—Here’s why

Prometheum

Prometheum Inc., a pioneering firm in the cryptocurrency sector, has announced its plans to launch a custody operation for Ethereum (ETH), marking a significant move as the only U.S.-registered crypto securities platform. This decision by Prometheum is set to test the Securities and Exchange Commission’s (SEC) perspective on whether ETH should be classified as a […]

Ethereum’s short-term shake-up has traders on high alert

Ethereum's short-term shake-up has traders on high alert

With Ethereum’s price wobbling around the $2,350 mark without a firm close above for the past fortnight, the crypto community is buzzing. The recent rally on February 6 sparked a glimmer of hope, yet it’s akin to catching smoke with bare hands—elusive and unpredictable. As the digital currency landscape remains as stable as a house […]

Massive ETH transfer: Whale moves $34.8 million worth of Ethereum

Ethereum

In a significant cryptocurrency transaction, a whale investor has moved a staggering 15,008 Ethereum (ETH) tokens, valued at $34,878,151, from an unknown wallet to the Beacon Depositor.  The precise motivation behind this substantial transfer remains unclear. Still, it is likely related to Ethereum staking. This process allows users to lock up their ETH in exchange […]

Dormant Ethereum whale moves 100 ETH after 8 years

Ethereum

In an unexpected move that has captured the attention of the cryptocurrency community, an Ethereum wallet, inactive for over eight years, has resumed activity by transferring 100 ETH, valued at approximately $230,159. This transaction marks the first activity from the wallet since its creation in July 2015, sparking discussions and speculations within the industry. Ethereum […]

Ethereum’s Dencun upgrade nears Mainnet launch after successful testing

Dencun

Recent testing of the Dencun upgrade has yielded positive results, paving the way for Ethereum developers to set a mainnet launch. The upgrade aims to enhance scalability and reduce transaction costs on layer-2s through the introduction of proto-dank sharding, a groundbreaking process. Testing success spurs confidence in Dencun upgrade Ethereum core developer Tim Beiko announced […]

Ethereum’s price rally: Analyzing the catalysts behind it

Ethereum

The cryptocurrency world is buzzing with Ethereum’s recent price antics, as it emerges like a phoenix from its brief dive in late January. The recent market movements have been nothing short of a rollercoaster, capturing the attention of investors and enthusiasts alike. Ethereum is now showing remarkable resilience, with its price stabilizing and even showing […]

Grayscale unveils broad crypto sector investment framework

Grayscale

Grayscale has announced the launch of its comprehensive Crypto Sectors framework. This innovative approach goes beyond the traditional focus on major cryptocurrencies like Bitcoin and Ethereum, aiming to provide investors with a broader spectrum of crypto asset classes. Dave LaValle, Grayscale’s Head of ETF, emphasized the company’s commitment to developing a diversified asset class that […]

Ethereum steals the spotlight as Bitcoin tries to stay strong

Ethereum steals the spotlight as Bitcoin tries to stay strong

Move over, Bitcoin; there’s a new crypto sheriff in town. Ethereum is strutting its stuff, ready to bask in the limelight after Bitcoin and its newly-launched ETFs hogged the spotlight in January. Both cryptocurrencies are neck-and-neck in the race, with nearly a 2% increase this month, but Ethereum is gearing up to sprint ahead. Ethereum’s […]

Ethereum advances with dencun upgrade on sepolia testnet

Ethereum

The decentralized blockchain platform Ethereum has marked a significant milestone by successfully deploying its Dencun upgrade on the Sepolia test network. This development, which took place at 22:51 UTC on Tuesday, is a critical step forward in Ethereum’s ongoing efforts to enhance its network. Ethereum’s scalability boosted by dencun upgrade The Dencun upgrade, a major […]

US SEC Delays Grayscale and BlackRock Ethereum ETF Applications

SEC

In a recent development in the world of cryptocurrency investments, the US Securities and Exchange Commission (SEC) has delayed the applications for Ethereum ETFs submitted by asset management giants Grayscale and BlackRock. This decision comes just weeks after the SEC gave the green light for Bitcoin ETFs to be listed on US securities exchanges, indicating […]

Ethereum scaling solution AltLayer initiates $100M token airdrop

Ethereum

AltLayer, a prominent Ethereum scaling solution, has marked a significant milestone by becoming the first of at least three protocols to initiate token airdrops worth over $100 million in the coming week. The AltLayer (ALT) token and its claiming process went live at 9:00 am UTC on January 25, ushering in a new era for […]

Polygon nearly matches Ethereum’s user base in 2023- Reports

Polygon

Blockchain analytics firm Flipside has reported that Polygon, an Ethereum scaling solution, came close to matching Ethereum’s user base in 2023, with both platforms boasting over 15 million acquired users each.  Bitcoin, on the other hand, trailed behind with 10.65 million users. This data sheds light on the growing popularity of Layer-2 scaling networks and […]

Vitalik Buterin spotlights privacy issues in modern cars

Vitalik Buterin

In a recent development in the technology and automotive industries, Vitalik Buterin, the co-founder of Ethereum, has voiced concerns over the privacy implications of modern vehicles. His comments come after a comprehensive report by researchers Jen Caltrider, Misha Rykov, and Zoë MacDonald, highlighting significant privacy issues in today’s automobiles. Vitalik Buterin questions auto data practices […]

Ethereum devs set timeline for final Dencun testnet upgrade

Ethereum

Ethereum developers are on the cusp of implementing the blockchain’s most substantial upgrade in a year, known as Dencun. This pivotal hard fork aims to introduce a technical feature called “proto-danksharding,” designed to alleviate transaction costs on layer 2s and enhance the affordability of data on the blockchain. Ethereum devs release Dencun testnet upgrade timeline […]

Enhancing User Verification: The New Passport ETH Stamp

Enhancing User Verification: The New Passport ETH Stamp

The introduction of the new Passport ETH Stamp is now set to redefine the landscape of user verification within the Ethereum ecosystem. Leveraging a sophisticated blend of on-chain transaction history and an advanced predictive model, the innovative tool is designed to ascertain the unique humanity of each Ethereum account with unprecedented precision. The launch represents […]

Ethereum’s price stumbles: Factors behind the decline

Ethereum's price stumbles: Factors behind the decline

Ethereum, the blockchain juggernaut, is currently experiencing a notable price stumble, leaving investors and enthusiasts scratching their heads. Since January 12, ETH’s price has nosedived by 13% from a comfortable $2,719 to a shaky $2,330. This drop isn’t just a blip on the radar; it’s a full-on storm, with the breach of the crucial $2,400 […]

Ethereum devs predict lower rollup costs amid Dencun upgrade

Ethereum

The Ethereum ecosystem is on the brink of significant advancements aimed at reducing gas fees and enhancing transaction speeds through the imminent Dencun upgrade. This upgrade, which recently became active on the Goerli testnet as of January 17, introduces several Ethereum Improvement Proposals (EIPs), with particular attention drawn to EIP-4844. Notably, EIP-4844 facilitates proto-danksharding, a […]

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