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 post on X on February 7, 2024. 25% of the ETH ...
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 a.m. ET, with confirmation from Nethermind, a crucial Ethereum execution client ...
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 Layer 2 platforms, more than Ethereum's 1.04 million transactions. On February ...
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 inception in 2015. The analytics firm noted that the proportion of ...
Ethereum co-founder Vitalik Buterin has once again conducted a high-value cryptocurrency transfer; this time, it is a $14.9 million USD Coin (USDC) transaction to cryptocurrency exchange Gemini. This transaction occurred on October 16 and was tracked by blockchain analytics firm PeckShield. It identified Buterin's wallet, "vitalik.eth," as the source of ...
In the past week, the market actions in the Ethereum ecosystem have been intriguing, puzzling market analysts and investors. On Wednesday, October 4, about 110,000 ETH, valued at $181 million, were withdrawn from crypto exchanges, marking the most significant daily outflow of ETH from exchanges since August 21. The supply ...
On August 7, 2023, PayPal marked a significant milestone with its foray into the cryptocurrency sector. The renowned global digital payment firm launched its inaugural cryptocurrency product, the PayPal USD (PYUSD) stablecoin, backed by a blend of US dollar deposits, short-term US. Treasuries, and comparable highly liquid assets. PYUSD operates ...
Industry leaders in Ethereum are congregating at Blockswap’s MultichainERC20 event at ETHCC to discuss the most pressing topics in Ethereum. New protocols will be introduced at the event which further decentralizes Ethereum by empowering the user. The two main sessions are open for all to attend but require a free ...
Avail has achieved a significant milestone in its plans to reduce transaction costs for Layer-2 and Layer-3 solutions on the Ethereum network with the launch of its testnet data attestation bridge. The company announced this new development on Friday, July 7, 2023. The testnet bridge addresses the challenge of "data ...
Vitalik Buterin, the co-founder of Ethereum, has publicly expressed his support for blockchain initiatives such as Solana, which have recently come under scrutiny from the U.S. Securities Exchange Commission (SEC) in its enforcement actions against cryptocurrency exchanges. During a Twitter Q&A session with Buterin, Matt Huang, the co-founder of Paradigm, ...
