Ethereum News | Bitcompare

Crypto exchanges

April 16, 2024

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

April 12, 2024

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.

Alternatives

March 13, 2024

Ethereum Alternatives: Top 10 Options in 2024

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

Bitcoin

January 11, 2024

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.

Ethereum

December 31, 2023

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

December 22, 2023

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

December 4, 2023

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.

Crypto exchanges

November 1, 2023

Coinbase launches futures trading services for US retail traders

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

Altcoins

October 25, 2023

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.

Ethereum

September 30, 2023

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

September 15, 2023

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.

Ethereum

September 5, 2023

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.

Stablecoins

August 30, 2023

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.

Altcoins

August 29, 2023

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.

Crypto exchanges

August 25, 2023

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

August 19, 2023

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.

Crypto exchanges

August 16, 2023

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).

Crypto wallets

August 8, 2023

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.

Stablecoins

August 7, 2023

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.

Crypto exchanges

August 3, 2023

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.

Crypto exchanges

August 1, 2023

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.

Altcoins

July 24, 2023

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

June 19, 2023

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.

Stablecoins

June 15, 2023

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.

Stablecoins

June 12, 2023

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.

Crypto exchanges

June 2, 2023

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.

Ethereum

May 22, 2023

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.

Crypto staking

May 16, 2023

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

May 12, 2023

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.

Crypto exchanges

May 9, 2023

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

May 5, 2023

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.

Crypto exchanges

May 2, 2023

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.

Crypto staking

April 24, 2023

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

April 13, 2023

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.

Crypto staking

April 6, 2023

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.”

Crypto regulation

March 27, 2023

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.

Altcoins

March 27, 2023

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

March 16, 2023

Ethereum’s Shanghai upgrade gets a release date

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

Crypto exchanges

March 13, 2023

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.

Crypto regulation

March 9, 2023

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

March 3, 2023

Ethereum developers postpone Shanghai upgrade until April

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

Ethereum

March 2, 2023

ERC-4337 goes live on Ethereum mainnet

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

Ethereum

March 1, 2023

Ethereum founder proposes changes for improving user experience

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

Crypto staking

February 27, 2023

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.

Altcoins

February 24, 2023

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.

Crypto exchanges

February 23, 2023

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

February 22, 2023

Ethereum developers announce Shapella upgrade date

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

Crypto exchanges

February 22, 2023

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.

Altcoins

February 21, 2023

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.

Crypto staking

February 16, 2023

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.

Crypto lending

February 15, 2023

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.

Altcoins

February 14, 2023

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.

Altcoins

February 10, 2023

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.

Crypto staking

February 10, 2023

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.

Crypto staking

February 7, 2023

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.

Crypto staking

February 1, 2023

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.

Crypto lending

January 31, 2023

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.

Crypto lending

January 31, 2023

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.

Crypto lending

January 27, 2023

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.

Crypto exchanges

January 16, 2023

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.

Crypto staking

January 2, 2023

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.

Crypto exchanges

December 28, 2022

Kraken To Cease Operations In Japan

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

Crypto lending

December 28, 2022

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.

Crypto exchanges

December 23, 2022

OKX Releases Second Proof-Of-Reserves Report

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

Ethereum

December 21, 2022

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.

Crypto lending

December 21, 2022

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.

Bitcoin

December 15, 2022

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.

Crypto exchanges

December 15, 2022

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.

Crypto lending

December 15, 2022

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.

Crypto wallets

December 14, 2022

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.

Crypto regulation

December 14, 2022

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.

Crypto exchanges

December 14, 2022

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 exchanges

December 9, 2022

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.

Crypto staking

December 9, 2022

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

December 8, 2022

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.

Crypto staking

December 8, 2022

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.

Crypto regulation

December 7, 2022

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.

Crypto exchanges

December 7, 2022

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.

Economy

December 7, 2022

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.

Crypto staking

December 6, 2022

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.

Web 3

December 5, 2022

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.

Crypto lending

November 28, 2022

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.‍

Crypto exchanges

November 26, 2022

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.

Crypto exchanges

November 24, 2022

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.

Crypto exchanges

November 20, 2022

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.

Custody

November 14, 2022

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.

Crypto exchanges

November 10, 2022

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.

Crypto exchanges

November 8, 2022

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.

Bitcoin

November 3, 2022

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.

DeFi

November 3, 2022

J.P. Morgan Executes First DeFi Live Trade On Public Blockchain

J.P Morgan has successfully taken its first DeFi trade on the public blockchain. It employed tokenized deposits and verifiable credentials to ensure the success of the trade.

Crypto staking

October 28, 2022

Wealthsimple Launches Staking Services For Ethereum And Solana

Wealthsimple added support for staking Ethereum and Solana assets.

Ethereum

October 26, 2022

Ethereum’s Rally Causes Lido DAO To Rise By 12%

Ethereum’s recent rally caused the price of the LDO token to surge by 12%.

Custody

October 25, 2022

58% Of Hong Kong And Singapore Elites Own Crypto Assets

A study published by KPMG China and Aspen Digital revealed that a majority of Singapore and Hong Kong elites are increasingly investing in digital assets.

Crypto regulation

October 24, 2022

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

Economy

October 19, 2022

Israel To Test Blockchain-Based Digital State Bonds

Israel’s Ministry of Finance and Tel Aviv Stock Exchange (TASE) plan to perform live testing of tokenized government bonds.

Opinion

October 18, 2022

Ethereum’s Post-Merge Censorship Issue May Hit New Highs

The introduction of MEV-Boost relays following the Merge has led to a significant increase in Ethereum ecosystem censorship. The recently reported 51% censored blocks mark a significant step towards full censorship.

Ethereum

October 12, 2022

Morgan Stanley Reports Crypto Ecosystem Is Steering Away From Decentralization

According to Morgan Stanley's report, the crypto ecosystem is drifting away from decentralization, with Ethereum's transition from a PoW to a PoS model causing the token to become more centralized.

Crypto exchanges

October 11, 2022

Google Teams Up With Coinbase To Enable Cloud Service Payments Using Crypto

During Google's Cloud Next conference, the tech giant announced its partnership with Coinbase to allow certain clients to pay for cloud services using crypto.

Crypto Mining

October 11, 2022

Miners Face More Trouble as Bitcoin Mining Difficulty Hits New Highs

Bitcoin mining difficulty has reached a new high, increasing by 13.55% over the previous figure. Part of the rising difficulty is attributed to Ethereum's "Merge" upgrade, which freed up more space for Bitcoin miners.

Crypto staking

October 8, 2022

Staking Rewards to Host World’s First Staking Summit In November

Leading Data Aggregator Staking Rewards is set to host the world’s first Staking Summit this November. The event will have industry experts in attendance and cover topics centered around Staking and Proof of Stake.