Ethereum

Vitalik Buterin Refutes Claims of Selling Ether for Profit

Ethereum co-founder Vitalik Buterin denies selling Ether for personal profit, stating that his sales were to support various crypto projects and philanthropic efforts.

Ethereum Whale Sells 6,900 ETH – Is It Time to Worry?

An Ethereum whale has sold 6,900 ETH, valued at $17.87 million, amid a balanced market environment and continued decline in exchange reserves, raising questions about potential bearish trends.

Ethereum Signals Potential Price Reversal: Bullish Divergence Forms for the First Time in Two Years

Ethereum is showing signs of a potential price reversal with its first bullish divergence in over two years, supported by technical indicators and macroeconomic factors.

Ethereum Drops Below $2,500: Is a Further Decline Imminent?

Ethereum's price has dropped below $2,500 amid increased selling pressure, with analysts suggesting further declines could occur despite some indicators hinting at a potential market bottom.

Ethereum Exchange Reserves Hit Record Lows – What Does This Mean for ETH?

Ethereum exchange reserves have hit record lows, signaling reduced selling pressure despite recent bearish trends and a potential price decline, as investor interest in ETH grows and more traders open short positions.

Ethereum Achieves Key Milestone in Reducing Supermajority Client Risk, Says Vitalik Buterin

Ethereum has achieved a milestone in reducing the risk of a supermajority client by ensuring no single execution client dominates, enhancing the network's robustness, according to founder Vitalik Buterin.

Ethereum Price Stalls Above $2500 Amid Uncertainty: Is a Deeper Decline on the Horizon?

Ethereum's price stagnates above $2,500, with analysts predicting a brief recovery in September followed by potential losses, while its market dominance continues to decline amid mixed market sentiments.

Ethereum Faces 33% Drop in DApp Volumes, Sparking Concerns Over Future ETH Price

Ethereum has seen a 33% drop in DApp activity over the past week, contributing to ongoing price challenges, but its total value locked (TVL) has increased by 9%, reflecting medium-term investor confidence.

Crypto Analyst Expresses Doubts on Bitcoin Dominance Returning to 70%

A crypto analyst doubts Bitcoin's dominance will return to 70%, predicting it will peak around 60% this cycle, with significant altcoin opportunities emerging as Bitcoin's dominance shifts.

Is Ethereum a Bargain at $2,600? Rising Selling Pressure Raises Doubts

Ethereum faces rising selling pressure despite reclaiming $2,600, with market sentiment divided between potential bullish reversal and continued bearish trends.

Cornell Researchers Uncover Potential Threats to Decentralized Autonomous Organizations: “Dark” Voting Systems

Cornell researchers, including Vitalik Buterin, are investigating potential threats to decentralized autonomous organizations (DAOs) posed by bribery attacks on voting protocols, introducing new cryptographic methods to mitigate these risks.

Donald Trump Holds Over $1M in Ethereum and Earns NFT Licensing Fees

Donald Trump holds between $1 million and $5 million in Ether (ETH), with significant income derived from non-fungible tokens (NFT) licensing fees, according to recent election disclosures.

Vitalik Buterin Contributes Over $500K in Animal-Themed Cryptocurrencies to Charity

Ethereum co-founder Vitalik Buterin recently made a significant charitable contribution, donating over $500,000 in animal-themed memecoins to a charity focused on animal welfare.

Crypto Market Update: Key Developments on August 14, 2024

Today's crypto market saw significant activity, with key moves and announcements making waves across the community.

Ethereum Whale Moves $13.2 Million in ETH to OKX, Sparking Speculation

An Ethereum whale has made headlines by depositing a substantial amount of Ether into the OKX exchange, prompting speculation within the crypto community.

Crypto User Accidentally Spends $90,000 in Gas Fees for $2,200 ETH Transfer

An unknown crypto user has made headlines for accidentally spending an astonishing $90,000 in gas fees while attempting to transfer a mere $2,200 worth of Ether (ETH).

Ethereum's Price Recovery Hinges on Breaking $2,850 Barrier

After a week of significant price declines, Ethereum (ETH) is showing signs of recovery. The cryptocurrency market has been volatile, with ETH experiencing a drop of over 8% in the past week.

Ethereum Price Analysis: Will It Reclaim the $3,000 Mark?

Ethereum has experienced significant fluctuations in its price recently, leading to speculation about its potential to reach the $3,000 mark again.

Crypto Market Poised for Potential Recovery After Recent Rebound

Analysts from Coinbase suggest that the recent rebound in Bitcoin (BTC) and Ethereum (ETH) could signal a continued recovery in the cryptocurrency market.

Venture Capital Firms Scale Back Crypto Investments Amid Strong Bitcoin and Ethereum Returns

In a significant shift within the cryptocurrency landscape, venture capital (VC) firms are increasingly slowing their investments in the sector, opting instead to capitalize on the robust returns offered by established cryptocurrencies like Bitcoin and Ethereum.

Ethereum's Bullish Momentum: Network Activity and Economic Factors Fuel $3K Rally Potential

Ethereum (ETH) has recently demonstrated strong bullish momentum, highlighted by a notable 16.2% surge on August 8, which brought its price to $2,604.

Ethereum's Comeback: Is This the Start of a Bullish Surge?

Ethereum has recently experienced a notable recovery, rising over 9% in the past 24 hours to trade at approximately $2,665.61.

Bitcoin Surges Past $62,000 as Bulls Eye $100,000 Year-End Target

Bitcoin (BTC) experienced a significant surge, briefly surpassing $62,000 before retreating during the Asian morning hours on Friday.

Vitalik Buterin Transfers $8 Million in Ether, Sparking Speculation of Charitable Intent

Vitalik Buterin, the co-founder of Ethereum, has transferred 3,000 ETH (worth over $8 million) to a new multisignature wallet, potentially signaling his intention to make a charitable donation.

Neiro Crypto Soars Over 1600% as Wintermute Joins the Wagon

One of Ethereum's most talked-about new memecoins, Neiro (NEIRO), has recently experienced a meteoric rise, jumping over 1600% in value. As of August 8, NEIRO was trending as the third most popular cryptocurrency on CoinMarketCap, following Bitcoin (BTC) and Ripple (XRP).

Key Questions Surrounding Ethereum's Current Market Dynamics

Recent data indicates that Ethereum (ETH) whales have been actively accumulating the cryptocurrency amid the current price dip.

Sudden Movement of $2.47 Billion in ETH Sparks Concerns Over Plus Token Ponzi Scheme

In a startling development, hundreds of dormant cryptocurrency wallets linked to the infamous Plus Token Ponzi scheme have suddenly begun transferring significant amounts of Ether (ETH).

Ethereum Plunges 24% in 7 Days, Investors Eagerly Await Rebound

Ethereum has faced a significant decline over the past week, with its price plummeting by 24% amidst a broader downturn in the cryptocurrency market.

Ethereum Faces Historic 36% Sell-Off: Can Bulls Regain Control?

As of early August 2024, Ethereum's price has fallen to approximately $1,650, a level not seen since early 2021.

Cryptocurrency Market Analysis: August 5, 2024

The analysis begins with a look at the S&P 500 (SPX) and the U.S. Dollar Index (DXY), which are crucial indicators of market sentiment.

Ethereum's Path to Bullish Recovery: The $2,500 Challenge

Ethereum, the second-largest cryptocurrency by market capitalization, is currently navigating a turbulent phase, with analysts suggesting that crossing the $2,500 mark is crucial for the asset to regain bullish momentum.

Ethereum Reigns Supreme: Dominates Crypto Fee Generation Amidst Layer-1 and DeFi Protocol Activity

Ethereum, the second-largest cryptocurrency by market capitalization, continues to dominate the blockchain landscape, particularly in terms of transaction fees.

Ether Sees Significant Long-Term Holder Accumulation Amidst 2% Price Dip

Ether, the native cryptocurrency of the Ethereum network, has seen a significant increase in long-term holder accumulation despite a 2% price dip over a 24-hour period.

MetaMask Launches Pooled Staking for ETH

MetaMask, a leading Ethereum wallet, has introduced a new feature called "pooled staking" to enable users to participate in Ethereum staking at a lower cost compared to operating a full validator node.

Aethir Launches Distributed Cloud Network on Ethereum Mainnet

Aethir, a decentralized public infrastructure network (DePIN), has recently launched its distributed cloud network on the Ethereum mainnet.

Bitcoin Price Prediction as BTC Drops 2.5% – Bigger Sell-Off Incoming?

The price of Bitcoin has dropped by 2.5%, leading to concerns about a potential larger sell-off in the market.

Institutional Money Pours Into Ethereum, Addresses Holding Over 10K ETH Surge

Institutional investors are increasingly investing in Ethereum, leading to a surge in addresses holding over 10,000 ETH.

Bitcoin bags $2B inflows, while Ether sees highest institutional buying since March

Bitcoin and Ethereum see significant institutional inflows, with $2B in crypto investment products and $1.97B in Bitcoin inflows, amid growing mainstream adoption and ETF approvals.

Ether Price Could Surge to $22k by 2030, Asset Manager VanEck Predicts

Asset manager VanEck has recently forecasted that the price of Ethereum (ETH) could surge to $22,000 by 2030, representing a significant increase of 487% from current levels.

ARK Invest Drops Partnership with 21Shares for Proposed Ethereum Fund

Cathie Wood's ARK Investment Management has made a significant move by withdrawing its partnership with 21Shares for a proposed spot Ethereum ETF.

Ripple CEO Predicts XRP, Solana, and Cardano ETFs Will Follow Ethereum's Lead

Ripple CEO Brad Garlinghouse has expressed confidence that XRP exchange-traded funds (ETFs) will be approved in the United States, citing the recent approval of Ethereum ETFs by the Securities and Exchange Commission (SEC).

Ethereum Co-Founder Challenges Traditional Economic Definitions of Inflation

Ethereum co-founder Vitalik Buterin has challenged the traditional economic definitions of inflation, asserting that the crypto community has the right to redefine the term "inflation" as the increase in currency supply, rather than the rise in general price levels.

What is an Ethereum Improvement Proposal (EIP): Ultimate Guide

This article will explain the ins and outs of EIPs, how they drive innovation on Ethereum’s network, and why they’re pivotal in the blockchain’s ongoing development.

Ethereum developers plan to release Pectra upgrade in Q1 2025

Ethereum's core developers are preparing for the much-anticipated Pectra upgrade in the first quarter of 2025.

Ethereum Foundation to add conflict of interest policy

After recent debates in the crypto community concerning its connections to EigenLayer developers, executive director Aya Miyaguchi announced that the Ethereum Foundation will implement a conflict of interest policy.

Ethereum ETF providers remove staking provisions in updated forms

BlackRock, Grayscale, Bitwise, and other big-name ETF providers have filed amended 19b-4 forms with the US SEC for their proposed spot Ether offerings. 

MetaMask wallet may integrate Bitcoin support

Ethereum wallet provider MetaMask is reportedly adding support for Bitcoin.

Ethereum's Resilience Above $3,000 Mark

Ethereum, the second-largest cryptocurrency by market capitalization, has been making waves in the crypto market lately.

LSE to list WisdomTree Bitcoin and Ethereum ETPs

The London Stock Exchange is all set to list Bitcoin and Ethereum-based exchange-traded products (ETPs) following approval from the UK's FCA.

Ethereum held above $3,000, showcasing a strong performance

Ethereum maintains its position above $3,000, demonstrating robust performance. Stay updated on the latest trends and developments in the world of cryptocurrency.

Ethereum and Solana networks experience unprecedented token growth

The crypto market has been flooded with over 1M new crypto tokens since April, surpassing the total number of coins minted in almost a decade.

ARK Invest and 21Shares remove staking support from Ether ETF plan

ARK Invest and 21Shares have altered their proposed spot Ether exchange-traded fund by dropping staking support from their plan. 

What is the Difference Between Bitcoin and Ethereum?

When it comes to Bitcoin and Ethereum, the fundamental question often arises: what is the difference between Bitcoin and Ethereum?

Grayscale's ETF withdrawal sends shockwaves through Ethereum market

The Ethereum market turned choppy as Grayscale Investments applied to withdraw its Ether futures ETF.

Ethereum developers seek to improve EOAs with EIP-7702

As part of EIP-7702, Ethereum's leading developers have drafted a new transaction type to augment externally owned accounts.

What is Ethereum Restaking? A Comprehensive Guide

Wondering what is Ethereum restaking all about? Simply put, it’s a way for users to redeploy their staked ETH to bolster other projects within the Ethereum ecosystem.

How to Use Ethereum? Your Essential Guide in 2024

Need to understand how to use Ethereum for transactions, investments, or participating in its ecosystem? This actionable guide walks you through every step.

What is Ethereum's Roadmap: 2024 and Beyond?

Seeking to understand Ethereum’s roadmap entails exploring the pivotal steps it plans to take as it evolves.

History of Ethereum: A Comprehensive Timeline

The history of Ethereum is a chronicle of innovation, community, and growth. Launched from a 2013 whitepaper by Vitalik Buterin to a leading blockchain platform for smart contracts and decentralized applications, Ethereum has continued to evolve.

Bitcoin and Ethereum ETFs debut in Hong Kong with lackluster trading volumes

Despite making their much-anticipated debut in the Hong Kong market, Bitcoin and Ether ETFs were barely able to hit modest trading volumes.

OKX deploys public mainnet of EVM-compatible X Layer

OKX has released the mainnet version of X Layer, its layer-2 Ethereum-based network.

Ethereum developers reveal key details about Pectra upgrade

In a recent Execution Layer meeting, the Ethereum developers revealed important EIPs that will be added to the upcoming Pectra update. 

Ethereum Alternatives: Top 10 Options in 2024

For those dissatisfied with Ethereum’s limitations, a world of Ethereum alternatives beckons.

Bitcoin ETFs secure regulatory approval from SEC

After years of delays, the US SEC has finally approved spot Bitcoin Exchange-Traded Funds (EFTs). This landmark event has caused a significant uptick in the prices of several cryptocurrencies.

Vitalik Buterin discloses updated roadmap for the Ethereum blockchain

Ethereum creator Vitalik Buterin revealed new plans for the ETH blockchain, citing that the roadmap for 2024 includes fewer adjustments thanks to more clarity in Ethereum’s technical path.

Ethereum developers to test Dencun update in January 2024

Ethereum developers announced their plans to initiate the testing phase for the upcoming Cancun-Deneb (Dencun) update on January 17, 2024.

Bitcoin surpasses $40K resistance after 20 months

The price rally of Bitcoin continued over the weekend, with the token finally crossing the $40,000 threshold for the first time since April 2022.

Coinbase launches futures trading services for US retail traders

Coinbase has expanded its Bitcoin and Ether futures offerings to US-based retail crypto traders.

Polygon deploys POL contracts on Ethereum mainnet

Polygon Labs has launched the token contracts for POL, the next-gen cryptocurrency that will eventually replace MATIC as Polygon's native token, on the Ethereum mainnet.

Bitwise to launch Ethereum futures ETFs

Crypto asset manager Bitwise announced its plans to launch new Ether-themed futures exchange-traded funds (ETFs) on October 2.

Ethereum's Holesky testnet goes live on first anniversary of The Merge

Ethereum developers have deployed the Holesky testnet to improve the scalability of the ETH network.

Vitalik Buterin proposes solutions to decrease Ethereum centralization

Addressing the centralization of the Ethereum network, Vitalik Buterin highlighted that implementing easier and cheaper node solutions will ensure the ETH blockchain remains decentralized in the long run.

Base to add native support for stablecoin USDC

Stablecoin issuer Circle announced its plans to launch USD Coin on Base, Coinbase’s layer-2 network.

Polygon deploys Chain Development Kit to simplify L2 network creation

Polygon Labs has deployed its open-source Chain Development Kit to simplify the process of building ZK-powered layer-2 blockchains on the Ethereum network.

1inch expands to Coinbase’s layer-2 network, Base

1inch has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum scaling solution.

Ethereum developers to roll out Holesky testnet in September

Months after the successful launch of the Shanghai upgrade, Ethereum (ETH) developers announced their plans to release the new Holesky testnet on September 15.

Coinbase secures regulatory approval to list crypto futures in the US

The National Futures Association (NFA) has permitted Coinbase to operate a Futures Commission Merchant (FCM).

Circle releases programmable Web3 wallets in public beta

Stablecoin issuer Circle has launched the beta version of its programmable Web3 wallets on the Ethereum, Polygon, and Avalanche blockchains.

PayPal launches Dollar-pegged stablecoin, PayPal USD

PayPal announced its plans to launch a new stablecoin, PayPal USD (PYUSD), on the Ethereum blockchain to bridge the gap between fiat and Web3 markets.

Coinbase to release Base for general users on August 9

Crypto exchange Coinbase will launch its layer-2 network, Base, for general users on August 9. 

Binance to list 34 crypto tokens on its Japanese exchange

Binance plans to add trading services for 34 tokens on Binance Japan, a new exchange that caters to Japanese clients.

Ethereum founder cautions against Worldcoin’s authentication system

Ethereum founder Vitalik Buterin highlighted the major issues with the Proof-of-Personhood authentication system used by Worldcoin.

Ethereum developers consider raising maximum validator balance limit

Ethereum’s core developers proposed increasing the maximum validator balance cap from 32 ETH to 2,048 ETH to improve network efficiency.

USDT loses peg following massive sell-off on Curve 3Pool

Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.

Tether mints $1B USDT for future issuance on Ethereum

Stablecoin issuer Tether minted $1B worth of USDT tokens at Tether Treasury to meet future demands on the Ethereum network.

Coinbase to list Bitcoin and Ether futures on its derivatives exchange

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.

Vitalik Buterin cautions against extending Ethereum blockchain's core

Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.

Lido deploys V2 upgrade to enable staked Ether withdrawals

Lido launched the second version of its mainnet to allow users to redeem their staked Ether assets and receive Ethereum tokens in a 1:1 ratio.

Ethereum mainnet recovers from suspension of block finalization

The Ethereum mainnet recovered from an issue that caused the network’s beacon chain to halt the finalization of new transactions for thirty minutes.

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Ethereum developers reportedly in final stages of planning Dencun update

According to project coordinator Tim Beiko, Ethereum’s core developers are already in the final stages of planning the next major update for the ETH network.

Coinbase establishes international crypto derivatives trading platform

Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.

Binance releases new liquid staking token, Wrapped Beacon ETH

Binance launched a new liquid staking token, Wrapped Beacon ETH, on its rebranded Ethereum staking product.

Ethereum developers deploy Shanghai upgrade on the mainnet

The Ethereum network started processing staking withdrawal requests following the release of the much-anticipated Shanghai update on its mainnet.

Lido claims staked Ether withdrawals will not occur before early May

In a recent Twitter space discussion, Lido developer Kadmil said users can expect staked Ethereum (stETH) withdrawals “no sooner than early May.”

CFTC sues Binance for violating federal laws

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao, over alleged violations of federal laws.

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Ethereum’s Shanghai upgrade gets a release date

Ethereum developers have chosen April 12 as the target date for releasing the landmark Shanghai upgrade.

Binance to convert $1B worth of IRI funds to native crypto tokens

Binance CEO Changpeng Zhao said the exchange will convert nearly $1B worth of Industry Recovery Initiative funds into native crypto assets following recent turmoil in the stablecoin market.

CFTC Chair asserts Ethereum and Stablecoins are commodities

CFTC Chair Rostin Behnam said Ethereum and stablecoins are commodities during Wednesday's Senate Agricultural court hearing.

Latest News

Circle releases programmable Web3 wallets in public beta

Stablecoin issuer Circle has launched the beta version of its programmable Web3 wallets on the Ethereum, Polygon, and Avalanche blockchains.

PayPal launches Dollar-pegged stablecoin, PayPal USD

PayPal announced its plans to launch a new stablecoin, PayPal USD (PYUSD), on the Ethereum blockchain to bridge the gap between fiat and Web3 markets.

Coinbase to release Base for general users on August 9

Crypto exchange Coinbase will launch its layer-2 network, Base, for general users on August 9. 

Binance to list 34 crypto tokens on its Japanese exchange

Binance plans to add trading services for 34 tokens on Binance Japan, a new exchange that caters to Japanese clients.

Ethereum founder cautions against Worldcoin’s authentication system

Ethereum founder Vitalik Buterin highlighted the major issues with the Proof-of-Personhood authentication system used by Worldcoin.

Ethereum developers consider raising maximum validator balance limit

Ethereum’s core developers proposed increasing the maximum validator balance cap from 32 ETH to 2,048 ETH to improve network efficiency.

USDT loses peg following massive sell-off on Curve 3Pool

Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.

Tether mints $1B USDT for future issuance on Ethereum

Stablecoin issuer Tether minted $1B worth of USDT tokens at Tether Treasury to meet future demands on the Ethereum network.

Coinbase to list Bitcoin and Ether futures on its derivatives exchange

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.

Vitalik Buterin cautions against extending Ethereum blockchain's core

Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.

Lido deploys V2 upgrade to enable staked Ether withdrawals

Lido launched the second version of its mainnet to allow users to redeem their staked Ether assets and receive Ethereum tokens in a 1:1 ratio.

Ethereum mainnet recovers from suspension of block finalization

The Ethereum mainnet recovered from an issue that caused the network’s beacon chain to halt the finalization of new transactions for thirty minutes.

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Ethereum developers reportedly in final stages of planning Dencun update

According to project coordinator Tim Beiko, Ethereum’s core developers are already in the final stages of planning the next major update for the ETH network.

Coinbase establishes international crypto derivatives trading platform

Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.

Binance releases new liquid staking token, Wrapped Beacon ETH

Binance launched a new liquid staking token, Wrapped Beacon ETH, on its rebranded Ethereum staking product.

Ethereum developers deploy Shanghai upgrade on the mainnet

The Ethereum network started processing staking withdrawal requests following the release of the much-anticipated Shanghai update on its mainnet.

Lido claims staked Ether withdrawals will not occur before early May

In a recent Twitter space discussion, Lido developer Kadmil said users can expect staked Ethereum (stETH) withdrawals “no sooner than early May.”

CFTC sues Binance for violating federal laws

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao, over alleged violations of federal laws.

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Ethereum’s Shanghai upgrade gets a release date

Ethereum developers have chosen April 12 as the target date for releasing the landmark Shanghai upgrade.

Binance to convert $1B worth of IRI funds to native crypto tokens

Binance CEO Changpeng Zhao said the exchange will convert nearly $1B worth of Industry Recovery Initiative funds into native crypto assets following recent turmoil in the stablecoin market.

CFTC Chair asserts Ethereum and Stablecoins are commodities

CFTC Chair Rostin Behnam said Ethereum and stablecoins are commodities during Wednesday's Senate Agricultural court hearing.

Ethereum developers postpone Shanghai upgrade until April

Ethereum developers have delayed the release of the Shanghai upgrade until early April.

ERC-4337 goes live on Ethereum mainnet

Developers have launched the ERC-4337 standard on the Ethereum mainnet to implement account abstraction.

Ethereum founder proposes changes for improving user experience

Vitalik Buterin proposed changes to improve the user experience for making micropayments using Ethereum.

Liquid staking protocols hit combined TVL of $14B

The TVL (Total Value Locked) of liquid staking protocols has surpassed the $14B mark, making liquid staking the second largest DeFi sector.

Eclipse to launch Solana-compatible Polygon SVM

Eclipse announced its plans to release Polygon SVM, a Layer 2 blockchain that will allow Solana developers to port their dapps to Polygon without reconfiguring the applications to run on the Ethereum Virtual Machine.

Coinbase launches layer-two network called Base

Coinbase has announced its Layer 2 network, Base. The network, built on Optimism’s OP Stack, offers secure, low-cost, and developer-friendly ways to build dApps.

Ethereum developers announce Shapella upgrade date

Ethereum core developers have scheduled the Shapella upgrade on the Sepolia network for February 28. 

Coinbase adds support for Euro Coin on Ethereum Network

Coinbase will add support for Euro Coin on ERC-20 token, and trading in supported regions starts on or after 9 AM PT on February 27. Also, support for EUROC will be added using the Experimental asset label.

Polygon cuts staff by twenty percent to consolidate

Polygon has reduced its staff by twenty percent, affecting about a hundred teammates. In addition, the firm has been consolidating multiple business units, and this was a necessary step, reiterating that its treasury is still healthy.

Binance Research reveals Ether stakers are underwater

Binance Research has revealed that only 31% of Ether stakers are in profit while the rest are underwater. Most of the ETH holders in profit staked in December 2020 when the Beacon Chain was launched.

Celsius debtors unveil NovaWulf-sponsored sale plan

Celsius’ debtors have released a sale plan that outlines their strategy to compensate the bankrupt crypto lender’s clients. The proposed sale plan will be sponsored by investment firm NovaWulf Digital Management.

Polygon announces launch date for zkEVM Layer-Two

Polygon has announced that the launch date for the zkEVM Mainnet Beta is March 27. The zkEVM is an equivalent of the EVM, aiming to expand Ethereum’s scaling capabilities while providing faster and cheaper transactions.

Uniswap DAO votes to deploy third version on BNB Chain

Uniswap DAO has voted for the deployment of Uniswap v3 on the BNB chain. OxPlasma Labs will facilitate the deployment, and the Wormhole bridge will be used for cross-chain governance messaging.

Kraken to cease staking services for US clients to settle SEC charges

Kraken has agreed to pay $30M and shut down crypto staking services for US clients after facing charges from the SEC.

Lido Provides An Overview Of Its Largest Upgrade, Lido V2

Lido Finance has presented plans for Lido V2, its largest upgrade. The new version incorporates the Staking Router and Withdrawal and will pass through seven audits before approval.

B2C2 Joins Blockdaemon And StakeWise To Offer Ethereum Staking Liquidity

B2C2 has partnered with Blockdaemon and StakeWise to provide liquidity for Ethereum staking. It would also be the sole over-the-counter spot liquidity provider for the digital receipt token sETH-h built on Portara.

Independent Examiner’s Report Shows Celsius Was Running A Ponzi Scheme

An independent examiner report has revealed that Celsius used new customer funds to pay for withdrawals. Celsius operated a riskier business different from what it advertised to customers.

Alameda seeks to recover $446M from Voyager

Alameda Research filed a complaint against Voyager Digital to recover $446M worth of crypto assets from the bankrupt lender.

Aave Deploys Version 3 On Ethereum Network

Aave has deployed its V3 on the Ethereum Network after a successful unanimous vote by its governance. The upgrade incorporated a flexible architecture that helps mitigate user risk and improve capital efficiency.

Binance Collaborates With Huobi To Recover $2.5M Worth Of Bitcoin Assets From Hackers

The security teams of Binance and Huobi teamed up to recover 124 Bitcoin from the hackers responsible for the Horizon Bridge Hack of 2022.

Lido Finance Attains Highest TVL Among DeFi Platforms

Lido Finance has attained a TVL of $5.98B, making it the platform with the highest value of staked assets.

Kraken To Cease Operations In Japan

Kraken announced it will exit the Japanese market by January 31, 2023, due to bearish crypto market trends.

Midas Investments Shuts Down Following Significant Losses

Midas Investments announced its plans to shut down its platform after incurring significant losses that have led to a large asset deficit for the firm.

OKX Releases Second Proof-Of-Reserves Report

OKX published its second Proof-of-Reserves report to continue providing transparency to its users.

Paxful Delists Ethereum From Platform Due To “Integrity” Issues

Paxful removed Ethereum from its platform due to integrity issues caused by Ethereum's transition to a Proof-of-Stake model.

Celsius Attracts 30 Potential Bidders For Its Retail Platform And Mining Business

Celsius provided an update on its ongoing business processes and disclosed that it has received multiple bids for its assets ahead of its auction process.

Hong Kong To Launch Asia’s First Bitcoin And Ether Futures ETFs

The Hong Kong Stock Exchange will list Asia's first Bitcoin and Ether exchange-traded funds on December 16.

Coinbase Launches Self-Service Asset Recovery Tool For Unsupported ERC-20 Tokens

Coinbase has introduced a new self-service asset recovery tool for unsupported ERC-20 tokens. This will enable the recovery of funds mistakenly sent to a Coinbase address.

Maple Finance Introduces Version 2.0 Of Its Smart Contract Architecture

Summary: Maple has released Maple 2.0, a fundamental upgrade of its smart contract architecture. This version comes with new features that will help improve the quality of services to Maple’s users and partners.

MetaMask Rolls Out PayPal Integration For Ethereum Purchases

MetaMask partnered with PayPal to allow select US-based clients to purchase Ethereum assets using their PayPal accounts. 

CFTC Declares Bitcoin, Ethereum And Tether As Commodities

The Commodity Futures Trading Commission labeled Bitcoin, Ethereum and Tether as commodities in its lawsuit against FTX and Alameda Research.

Binance.US Launches Zero-Fee Payment Service For Mobile App Users

Binance.US added support for “Pay,” a service that allows users to instantly settle crypto payments without paying gas or transaction fees.

Crypto.com Releases Its Proof Of Reserves

Crypto.com has released its Proof of Reserves which Mazars Group verified. The exchange aims to restore users’ trust and develop a culture of accountability and transparency in the industry.

BitMEX Launches Crypto’s First-Ever ETH Staking Yield Swap, ETHYLD

BitMEX has launched the first crypto-staking yield swap, ETHYLD. This will enable users to hedge and speculate on daily ETH staking rates with up to two times the leverage.

Ethereum Developers Aim To Release Shanghai Hard Fork In March 2023

Ethereum core developers announced their plans to launch the Shanghai upgrade in March 2023. This much-anticipated update will allow users to un-stake their ETH assets from the Beacon Chain.

Tranchess Launches Its Non-Custodial Liquid Staking Product, qETH, on Ethereum

Tranchess has launched its non-custodial liquid staking product, qETH, on Ethereum. Its decentralized approach will enable users to stake their tokens and, in return, receive qETH.

Court Approves The Issuance Of Subpoenas To 3AC Co-Founders

The court has authorized the issuance of subpoenas to 3AC co-founders. Liquidators now have permission to demand documents, communications, financial records, or any information related to the hedge fund since 2012.

Binance.US Removes Spot Trading Fees For Ethereum

Binance.US expanded its Zero Fee Trading program to Ethereum (ETH). This will allow users to trade on ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD pairs without paying any fees.

Russia's Largest Bank, Sber, Confirms Compatibility With Ethereum Blockchain

Sber, the Russian largest bank pushes for web3 adoption as it becomes compatible with the Ethereum Blockchain; Integrates with MetaMask.

Chainlink Takes A Major Step In Its Economic 2.0 Plan As Staking Goes Live

Chainlink staking is now live on the Ethereum mainnet. The v0.1 early access is now open to its community members to secure their spots and earn rewards as they contribute towards the network's security.

YouHodler Aims To Bridge Crypto And Traditional Finance With Its Web3 Banking Services

YouHodler announced its plans to integrate fiat and crypto services into its app to bridge the gap between the two markets.

Aave Pauses Lending Markets For 17 Ethereum-based Tokens

Aave has temporarily frozen lending markets for 17 Ethereum-based tokens. According to the approved proposal, these are low-liquidity asset pools, and their freezing will reduce the risk profile for highly volatile assets.‍

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

Vitalik Buterin Shares Lessons the Crypto Industry can take from FTX’s Collapse.

Vitalik Buterin of Ethereum suggests the need for centralized crypto exchanges to adopt cryptographic proof of funds.

FTX Hacker Converts Over 30K Ethereum Tokens Into Bitcoin

The perpetrator behind the recent FTX hack swapped 30,990 Ethereum tokens (worth $36M) for Bitcoin via RenBridge.

Bitcoin Sees Record Increase In Number Of Holders Who Use Self-Custody Wallets

A recent report published by Glassnode revealed that the number of Bitcoin (BTC) users who have stored their BTC assets in self-custody wallets has hit an all-time high.

Binance Publicly Shares Major Asset Holdings To Improve Transparency

Binance has disclosed its major asset holdings to the public to improve transparency and foster trust in the industry. The company is making this move the cushion the effects of the FTX bank run.

Binance’s Acquisition Of FTX Causes Crypto Prices To Plummet

The Binance-FTX acquisition deal sparked liquidity fears in the crypto community, causing huge selloffs and wild fluctuations in the prices of crypto assets.

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.