Consensys lays off 20% of its total workforce
Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as...
Ethereum News
Ethereum’s Next Chapter: Buterin’s Bold Vision for “The Splurge”
TLDR Vitalik Buterin announced “The Splurge” roadmap to optimize Ethereum Virtual Machine (EVM) Key features include EVM Object Format (EOF),...
Ethereum (ETH) Price Stabilizes at $2,500 as Institutions Favor Bitcoin ETFs
TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with...
Vitalik Buterin: Ethereum Founder Addresses Centralization Concerns in Proof-of-Stake System
TLDR: Vitalik Buterin highlighted centralization risks in Ethereum’s proof-of-stake system Major concerns are block construction centralization and over-staking Proposed solutions...
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
TLDR Ethereum price is showing positive momentum above $2,650 A key bullish trend line is forming with support near $2,680...
DeFi Leader Lido Finance Introduces stETH on Optimism Network
TLDR Lido Finance expands to Optimism, allowing stETH deployment on the layer-2 solution Users can benefit from daily staking rewards...
Vitalik Buterin Suggests Lowering Ethereum’s Entry Barrier for Validators
TLDR Vitalik Buterin proposes reducing Ethereum’s validator threshold from 32 ETH to 1 ETH The proposal aims to improve network...
Layer 1 payments network CrossFi launches EVM-compatible mainnet
CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance...
Chinese Authorities’ Seized ETH from PlusToken Scheme Begins to Move
TLDR Approximately 7,000 ETH ($16.7 million) from PlusToken Ponzi scheme moved Movement suggests possible sale of $1.3 billion in seized...
Bitcoin ETFs See $18.58M Outflow, Ethereum Funds Follow Suit
TLDR: Bitcoin ETFs saw $18.58 million net outflows on October 8, 2024 Fidelity’s FBTC led outflows with $48.82 million BlackRock’s...
Google Cloud rolls out new blockchain RPC service
The blockchain RPC service is compatible with Ethereum and offers up to 100 requests per second Google Cloud targets developers...
Ethereum Whales Acquire $66 Million in ETH Amid Price Decline
TLDR Ethereum whales “7 Siblings” bought 28,120 ETH worth $66 million ETH price dropped 4.5% in 24 hours, trading around...
Bitcoin targets $63k as crypto market awakens after Fed rate cut
Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K Ethereum and Solana have also surged, reflecting a...
Ethereum Card Game ‘Shardbound’ Enters Open Beta on Major Gaming Platforms
TLDR Shardbound, an Ethereum strategy card game, enters open beta on October 9 Available on Steam and Epic Games Store...
Crypto market on a free fall as Iran launches missiles into Israel
Crypto market drops as Iran launches missile strikes into Israel Bitcoin falls to $62k; Ethereum drops below $2,500 The global...
Ethereum Staking Yields Projected to Exceed US Rates by 2025
TLDR Ethereum staking yields expected to surpass US interest rates by mid-2025 Falling US rates and rising Ethereum transaction fees...
EigenLayer prepares for EIGEN token transfer restrictions lift
EigenLayer will lift EIGEN token transfer restrictions on September 30, 2024 Stakeholders must observe a 7-day withdrawal period to unstake...
Solana’s Market Share Could Reach 50% of Ethereum’s, Analysts Suggest
TLDR Solana (SOL) price predicted to reach $330, potentially challenging Ethereum’s dominance SOL outperforms Ethereum in transactions, daily active users,...
US spot Ethereum ETFs see largest daily outflows since July
Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July Grayscale’s ETHE recorded a...
Ethereum Whale Deposits $9.12M as Trading Volume Spikes 79%
TLDR Large Ethereum whale deposited 3,510 ETH ($9.12M) to Kraken after 2 years inactive Ethereum trading volume surged 79.30% to...
Crypto exchange BingX hacked for $43 million
BingX’s hot wallet was hacked resulting in the theft of $43 million in cryptocurrencies Funds stolen included ETH, BNB, USDT,...
Bitcoin and Ethereum ETFs See Negative Flows Despite Increased Trading Volume
TLDR: Spot Bitcoin ETFs in the US saw net outflows of $43.97 million on September 11, ending a two-day streak...
