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

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.

Wealthsimple Launches Staking Services For Ethereum And Solana

Wealthsimple added support for staking Ethereum and Solana assets.

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%.

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. 

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.

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.

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.

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.

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.

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.

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.

Cake DeFi Adds Support For Ethereum Staking

Cake DeFi launched an Ethereum staking product that provides returns of 5% APY. The yields from this service will be automatically compounded to users’ wallets every 12 hours.

Celsius’s Top 3 Executives Withdrew $56M Before Company’s Bankruptcy

A new court record reveals that the top three executives of the now defunct crypto lending platform, Celsius, withdrew about $56.2 million before the company halted withdrawals and filed for bankruptcy.

DeFi Lender Euler Finance Set to Start Accepting USDT as Collateral

Euler Finance will now be accepting USDT as collateral for loans. The proposal, supported by 88% of the voters, has made Euler the largest Ethereum-driven lending protocol that allows users to take loans with USDT.

Lido Staked Ether (stETH) Regains ETH Peg

Lido Staked Ether (stETH), which previously lost its peg to Ethereum (ETH), has recovered. This follows the DAO’s decision to raise stETH's APR after Ethereum's Merge.

Deutsche Telekom To Support Ethereum Staking By Running Validator Nodes

T-Mobile’s parent company Deutsche Telekom will operate validator nodes to allow its clients to participate in Ethereum staking 

Vitalik Buterin Outlines Ethereum’s Priorities After Merge

Ethereum founder has shared what he thinks the next two big priorities for the network should be. He also hopes developers don’t have to rush through protocol changes again and the community becomes more pragmatic.

U.S. Regulators Sue Nexo For Failing To Register Yield Product

Regulators from eight states, including California, filed a lawsuit against Nexo for not registering its “Earn Interest Product,” citing that Nexo’s offerings need to be treated as securities. 

Vanity Address Loses Almost $1M To Crypto Theft

A vanity address generated with Profanity has lost approximately $950,000 worth of cryptocurrencies in a recent attack. The attacker transferred the stolen ETH into the sanctioned mixer, Tornado Cash.

Crypto Sleuths Reveal MEVbots Uses Backdoor To Drain Users’ Ethereum Assets

An investigation into MEVbots’ arbitrage trading bot uncovered the existence of a backdoor that allows random addresses to siphon Ethereum funds.

Ethereum Coin Mixer Tornado Cash Is Finally Unbanned On GitHub

Tornado Cash is finally back up on GitHub after its ban by OFAC. While GitHub is yet to make an official statement, many Ethereum developers have lauded this move.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.

Nic Carter Comments on White House Crypto Mining Climate Implication Report

The White House OSTP released a report addressing crypto mining’s impact on the climate. However, it did not sit well with Nic Carter, who stated they did not address all the necessary issues and cited unworthy sources.

Santiment Reveals 46.15% Of Ethereum’s PoS Nodes Are Controlled By Two Addresses

Data from Santiment disclosed only two addresses contributed to over 45% of Ethereum’s PoS nodes, giving rise to concerns of centralization.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Upgrade Bug Renders Compound Finance’s cETH Market Unusable

The Compound platform upgrade appears to have temporarily hit a stumbling block, halting the cETH market. This isn't a new occurrence on the platform, but would they fix this bug faster?

New YouHodler’s “Dual Assets” - For Easy and Simple Staking

YouHodler recently launched Dual Assets, a DeFi product that combines high-yielding DeFi techniques with the simplistic nature of TradFi platforms. Dual Assets promises better risk management and higher returns.

Compound Launches New Version 3 Protocol Upgrade

The DeFi platform released a streamlined protocol version that enhances security, capital efficiency, and user experience. This upgrade eliminates complexity while ensuring that Compound remains an effective tool for DeFi borrowers.

BendDAO Suffers Financial Crisis As Ethereum Reserves Run Out

Data shows that the Ethereum wallet of BendDAO contained only 0.75 WETH today, indicating that they could become insolvent.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Bitcoin Declines By 15% As Crypto Market Nears Worst Weekly Close Since June

The crypto market seems to be taking another hit as Bitcoin and altcoins have had a bad week.

Miners To Make A Choice As Ethereum Merge Approaches

Experts weigh in on the impact of the upcoming Ethereum Merge on mining pools and miners.

Gemini Adds Support For Polygon Staking

Gemini begins providing staking rewards for Polygon and announces support for ETH staking just as the Ethereum community prepares for the blockchain's transition from a Proof-of-Work to a Proof-of-Stake protocol.

Binance To Support Ethereum Merge And May List Fork Tokens

The notable Ethereum “Merge” event could lead to many forks and Binance is open to listing them on the exchange.