Current State of Ethereum Exchange Reserves Ethereum’s exchange reserves—the amount of the cryptocurrency held on exchanges, centralized or decentralized—have hit historic lows over the past few months. Between May and June 2024, over $3 billion worth of Ether was...
A crypto whale wallet has transferred 5,000 ETH, valued at $13.2 million, to the OKX. This move, flagged by blockchain analytics platform LookonChain in an X post on Monday, August 12, is part of a series of transactions by...
Ethereum co-founder Vitalik Buterin recently outlined his vision for achieving seamless cross-chain interoperability among Ethereum Layer 2 networks. In a series of posts on X on August 5, Buterin expressed confidence that current interoperability challenges in the Layer 2...
Cryptocurrency investors have eagerly awaited the launch of Ether ETFs since May 2024, when the U.S. Securities and Exchange Commission (SEC) approved applications from potential issuers. However, these spot ETFs did not start trading until July 22, 2024, when...
On May 2, Ethereum Name Service (ENS) officially petitioned the United States Patent and Trademark Office (USPTO) to challenge the validity of a patent granted to Unstoppable Domains (UD) in January 2023. The blockchain domain service company says its...
Gas fees on the Ethereum network have plunged to a six-month low, even as the price of Ether rallied slightly over the weekend, prompting crypto analytics platform Santiment to suggest a potential upcoming altcoin rally. According to an April...
Ethereum staking platform Lido recently announced that more than 30 million ETH (approximately $40 million) had been staked on the blockchain. This amount accounts for about 25% of the total circulating supply. The platform shared this information in a...
Ethereum's core developers have successfully implemented the Dencun upgrade on the Holesky testnet, marking the final stage before its anticipated deployment on the Ethereum mainnet next month. The Dencun upgrade was successfully forked on the Holesky testnet at 6:35...
Interest in Ethereum's scalability solutions has gone way up this year. On March 16, Layer 2 networks saw a significant spike, with transactions surpassing Ethereum's mainnet by 48%. On that day, Orbiter Finance reported over 1.54 million transactions on...
In the past 24 hours, Ethereum has witnessed a remarkable and unprecedented drop in its availability on centralized exchange platforms. Santiment, an on-chain analytics firm, reported that Ethereum's supply on exchanges is now at its lowest level since its...
