Uniswap Research Highlights Cost Efficiency of Layer-2 Networks Over Ethereum Mainnet
In a g study conducted by Austin Adams, a researcher at Uniswap Labs, it has been revealed that conducting swaps and managing liquidity provisions on layer-2 networks is considerably more cost-effective than on Ethereum’s mainnet. This discovery sheds light on the evolving landscape of decentralized finance (DeFi), where layer-2 solutions are emerging as a pivotal […]
Vitalik Buterin reiterates the importance of layer-2 solutions on Ethereum
Ethereum co-founder Vitalik Buterin has recently emphasized the importance of shifting focus towards building layer-2 (L2) decentralized applications and solutions on the Ethereum network. This call for a mindset shift comes following the successful completion of the Dencun hard fork, which has enabled L2 rollups to achieve scalability by reducing the costs associated with submitting […]
Ethereum’s Dencun upgrade slashes layer 2 transaction fees
Ethereum Layer 2 solutions have witnessed a significant reduction in transaction costs following the implementation of the Dencun upgrade. This upgrade introduced a new transaction type known as blobs, which have proven instrumental in slashing fees across various Layer 2 chains. Impact of Ethereum Dencun upgrade on transaction fees The integration of blobs has notably […]
Ethereum’s Dencun upgrade revolutionizes data costs with Bee movie script upload
In a groundbreaking display of Ethereum’s technological prowess, developer Dan Cline made waves in the cryptocurrency community by uploading the entire script of the iconic Bee Movie onto the Ethereum mainnet. This feat achieved mere minutes after the launch of Ethereum’s highly anticipated Dencun upgrade, underscores the platform’s commitment to reducing transaction costs and enhancing […]
Ethereum’s Dencun upgrade goes live: Here is a rundown
Ethereum just hit the ground running with its latest Dencun upgrade. Being the second most popular blockchain after Bitcoin, Ethereum has released this update to help layer-2 networks like Arbitrum and Polygon grow by lowering their data fees. A New Dawn for Data and Fees At the basis of the Dencun update is a cool […]
Layer 2 tokens soar as Ethereum prepares for Dencun upgrade
Gnosis, a prominent player in the blockchain industry, has announced the successful launch of the Dencun upgrade on the Gnosis mainnet. This upgrade, slated to go live on Wednesday, March 13th, is poised to revolutionize the Ethereum network. With the adoption of proto-dank sharding, the upgrade promises enhanced efficiency and security, marking a significant milestone […]
Everything you need to know ahead of Ethereum’s Dencun upgrade
The Ethereum network is poised for a significant upgrade known as the Dencun upgrade, scheduled for implementation in 2024. This upgrade, highly anticipated by the crypto community, aims to address critical issues such as high transaction costs and slow processing times. By introducing features like proto-danksharding and new opcodes for optimized smart contract execution, the […]
Exploring the catalysts behind Ethereum’s price rally
Ethereum’s price has been on a wild ride, reaching a year-to-date high that’s got everyone talking. This isn’t about just any ordinary uptick; it’s about a rally that’s got Ethereum sitting pretty at $4,065, thanks to the latest data we’ve got our hands on. Now, this isn’t happening in isolation. Bitcoin, the big boss of […]
Vitalik Buterin says there are quantum threats that could lead to Ethereum hard fork
Wake up, you guys! Our beloved Ethereum blockchain is facing a scary threat from quantum computing. This concern was vividly brought to the forefront by Ethereum’s legendary founder, Vitalik Buterin himself, which sheds light on a scenario that, while sort of speculative, presents a clear and present danger to the integrity of blockchain technology as […]
UK FCA greenlights crypto ETNs for institutional investors
The UK’s Financial Conduct Authority (FCA) announced its decision not to oppose Recognised Investment Exchanges (RIEs) in establishing a listed market segment for crypto asset-backed exchange-traded notes (ETNs). This development, disclosed in a recent press release, marks a pivotal moment for professional investors looking to deepen their involvement in the digital asset space. UK FCA […]
Vitalik Buterin advocates quantum-proofing Ethereum blockchain
In a recent development, Ethereum co-founder Vitalik Buterin has shared insights into the platform’s strategy to combat potential quantum computing threats. This move comes amid growing concerns over the security of cryptographic systems against the advancing capabilities of quantum technology. Buterin’s approach focuses on enhancing Ethereum’s resilience through strategic updates and the integration of quantum-resistant […]
Ethereum’s revenue surge to reach two-year high
The Ethereum network has experienced a remarkable surge in revenue this week, reaching levels not seen in almost two years. This surge can be attributed to a speculative frenzy surrounding meme coins, which has led to a significant uptick in activity on the blockchain. Ethereum network fees experience a massive rise According to data from […]
Ethereum sees meteoric rise, surges past the $4k mark
Ethereum, the cryptocurrency second only to Bitcoin in terms of market cap, recently smashed through the $4,000 barrier, a price point it hadn’t seen since December 2021. Starting its climb from $3,873 on March 8, Ethereum experienced a more than 4% surge in a mere 24 hours, culminating in a 74% increase since the start […]
Espresso: Improving Layer-2 Interoperability with Shared Sequencing
In the rapidly evolving landscape of Ethereum’s Layer-2 solutions, a groundbreaking initiative named Espresso is set to redefine the boundaries of interoperability and scalability. Spearheaded by visionaries Justin Drake and Brendan Farmer, Espresso introduces an innovative marketplace for shared sequencing, aiming to bridge the fragmented ecosystem of Layer-2 solutions, from rollups to validiums. The ambitious […]
Shiba Inu team prepares for major SHIB token burn
The Shiba Inu ecosystem team has revealed plans for a significant token burn in the near future. This announcement came through a post by Shiba Inu’s marketing expert, Lucie, who disclosed that the team had amassed 40 Ethereum (ETH) for the purpose of burning SHIB tokens. The value of these 40 ETH stands at approximately […]
Gary Gensler defers question about his stance on Ethereum
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, recently declined to provide a definitive stance on whether Ethereum should be classified as a security. Despite numerous applications for spot Ethereum ETFs under the SEC’s consideration, Gary Gensler refrained from giving a clear answer when questioned about Ethereum’s status as a security […]
Ethereum’s $102M transfer to Binance sparks speculation amid surging prices
In a significant development within the cryptocurrency market, Whale Alert data has uncovered a massive transfer of 26,889 Ethereum (ETH), amounting to a staggering $102.18 million, to the renowned crypto platform Binance. This transfer coincides with Ethereum’s recent surge to $3,800, its highest price point since January 2022. The transaction has ignited speculation within the […]
Fraudulent Activity Detected in Humanized_AI’s $665,000 Ethereum Sale
in the world of cryptocurrency, Humanized_AI, a project touting the enhancement of AI technology to replicate human-like perceptions, has been flagged as a potentially fraudulent initiative. The project, which gained attention for its ambitious goals, has raised significant funding amounting to 173 ETH, equivalent to $665,000, during a one-month sales period. However, concerns have arisen […]
Ethereum hits $3,800 for the first time since December 2021
Ethereum’s recent surge in price, surpassing $3,800 for the first time since December 2021, marks a significant milestone for the cryptocurrency. At the time of writing, ETH is trading at $3,796.53, representing a 2.8% increase for the day according to data from CoinGecko. This upward momentum coincides with Ethereum staking reaching over $116 billion earlier […]
Ethereum layer-2 blockchains: Modular vs. Monolithic debate sparks controversy
A contentious debate has emerged in the Ethereum layer-2 (L2) blockchains regarding the architectural approach these networks should adopt for long-term sustainability. Kenny Li, COO of Manta Pacific, advocates for a “modular” approach, claiming it as the pathway to survival for L2 networks amidst a crowded landscape. On the contrary, critics dismiss this argument as […]
DeFi total value locked(TVL)surpasses $100B mark after nearly two years
The total value locked (TVL) in decentralized finance (DeFi) protocols has surpassed the $100 billion mark for the first time in nearly two years, reaching $101.36 billion on March 5. This milestone highlights a notable growth phase within the DeFi ecosystem, reflecting an increase in the sector’s activity and investor engagement. The Block’s Data Dashboard […]
Vitalik Buterin’s significant ETH move sparks discussion
In a significant move that has attracted attention from the cryptocurrency community, a recent transaction was linked to the Vitalik wallet.eth, associated with Ethereum co-founder Vitalik Buterin, has made headlines. According to PeckShieldAlert, the wallet transferred 30 Ethereum (ETH) to Railgun, a privacy protocol, before swapping around 27.63 ETH for 100,000 USDC (USD Coin). These […]
Vitalik Buterin’s recent Ethereum transaction sparks interest in the crypto community
Ethereum Co-Founder Vitalik Buterin has stirred curiosity within the crypto community following a significant transaction involving a notable amount of Ethereum (ETH). In a recent development, Buterin’s wallet address, Vitalik. eth executed a transaction involving 30 ETH transferred to Railgun alongside an exchange of 27.63 ETH for 100,000 USDC. This move was noted by PeckShieldAlert, […]
Ethereum’s Dencun upgrade draws close as fees debate continues
Ethereum’s forthcoming network upgrade, Dencun, slated for March 13, is poised to reshape the blockchain’s landscape, despite not garnering as much attention as previous upgrades like the transition to proof-of-stake in 2022. Developers anticipate Dencun to be a significant milestone, particularly for layer-2 networks built on Ethereum. Ethereum’s Dencun fees spark debate According to experts […]
Ethereum Foundation liquidates $13 million in assets amidst market uptrend
Ethereum Foundation has opted to liquidate approximately $13 million worth of Ethereum assets. This move, while unexpected, has raised questions about its potential implications within the cryptocurrency market. Ethereum Foundation’s decision raises eyebrows The Ethereum Foundation, known for its significant influence within the Ethereum ecosystem, has historically served as a precursor to impending shifts in […]
Ethereum ETF decision delayed again by SEC amid rising Ether price
The Securities and Exchange Commission (SEC) has announced another delay in its decision regarding approving or rejecting spot Ethereum exchange-traded fund (ETF) applications from financial giants BlackRock and Fidelity. This latest postponement, revealed in separate filings on March 4, follows a similar delay in January. Under regulatory guidelines, the SEC can defer its decision up […]
Ethereum ETF approval hangs in the balance amidst regulatory uncertainty
The cryptocurrency community’s anticipation for an Ethereum exchange-traded fund (ETF) approval has reached a fever pitch, mirroring the recent launch of the Spot Bitcoin ETF. Optimism runs high with major industry players like BlackRock, Fidelity, and Grayscale, among others, vying for SEC approval. However, Jake Chervinsky, a prominent crypto lawyer, recently shared his reservations regarding […]
Blast Launches Mainnet, Securing $2.3 Billion in Ether and Stablecoins
Blast, a new layer 2 blockchain built on Ethereum, has just kicked off its mainnet with an exciting feature: the ability for users to earn rewards directly on their Ether and stablecoin holdings. This platform, known as an optimistic rollup, offers a unique chance for users to grow their assets through two main avenues: Ether […]
Donald Trump’s Ethereum Holdings Surge as TRUMP Meme Coin Skyrockets
Trump’s cryptocurrency holdings have surged to almost $4 million, propelled by the soaring value of the MAGA (TRUMP) meme coin. Tracking Trump’s Ethereum wallet, blockchain analytics firm Arkham Intelligence notes a substantial uptick in his crypto assets, primarily invested in TRUMP tokens. Analysis reveals his Ethereum wallet contains about $6.4 million, with the majority, approximately […]
Ethereum’s Dencun upgrade officially activated on all testnets
The Ethereum Foundation has announced the Dencun network upgrade is set to go live on the Ethereum mainnet. This comes after successful activation on all testnets. The upgrade, scheduled for March 13, 2024 at 13:55 UTC, requires node operators and stakers to update their software. This follows the Shapella upgrade and includes major changes like […]
Ethereum is still outperforming Bitcoin – ETF who?
Ethereum is kicking Bitcoin’s butt, and not by a small margin. We’re talking a whopping 98% yearly gain, with a 42% increase just this year. Everyone’s buzzing about whether some shiny new ETF will hit the scene, but according to the folks over at Bernstein, that’s not even what’s fueling this fire. So, what’s the […]
Ethereum futures open interest hits $10.6 billion amid speculation of spot ETF approval
The excitement surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF) in the United States has driven Ethereum futures open interest to a staggering $10.6 billion. With Ether (ETH) prices surging by 38.5% over the last 30 days, reaching $3,165, investors are closely monitoring developments in anticipation of the Securities and Exchange Commission […]
Grayscale eyes Ethereum’s growth post-Dencun technological boost
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, 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, 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
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 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
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
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
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 […]
