Category: Ethereum
Ethereum transaction costs rise concurrently with a decline in active accounts to year-to-date lows
For the first time since July 2020, the average Ethereum transaction fee dropped below $1 USD in the beginning of September. This was far before Ethereum’s proof-of-stake Merge, blob enhancements,…
Ethereum investors saw a 60% drop in on-chain activity since March, along with a dip in 7DMA revenue
On Thursday, September 12, the daily staker revenue 7-day moving average (7DMA) for Ethereum dropped to $5.44 million. This indicator has not seen lower numbers since the middle of February,…
For cryptocurrency payments, Venmo and Paypal integrate Ethereum Name Service
ENS is a decentralized naming system that provides crypto addresses with readable names. It is built on the Ethereum blockchain. When sending cryptocurrency, users of Paypal and Venmo can now…
With Startale Labs, Sony Group teases the debut of the Ethereum Layer-2 blockchain
With an emphasis on scalability and user-friendliness, the joint blockchain venture between global conglomerate Sony Group and Startale has announced the construction of Soneium, its first Ethereum Layer-2 blockchain, with…
Ethereum dapp Status and Linea work together on the Layer 2 network
A Layer 2 rollup solution is being introduced by Status, a decentralized messaging network powered by Ethereum, in collaboration with Linea, backed by Consensys. In order to fund its native…
To address Ethereum’s MEV issue, Sorella Labs has raised $7.5 million in a seed round led by Paradigm
In a seed fundraising round, Sorella Labs, a cryptocurrency firm creating tools to address Ethereum’s maximal extractable value (MEV) problem, raised $7.5 million. According to Sorella Labs on Tuesday, Paradigm…
The supply of Ethereum is significantly increasing due to declining gas fees: Kaiko Report
Because of the increase in layer 2 operations and the March deployment of the Dencun update, Ethereum has reportedly reached its five-year minimum fee. Ethereum Supply is Affected by Gas…
BSMNT, an Ethereum gaming arcade, launches on B3.Fun’s base network
The web-based cryptocurrency arcade BSMNT, also known as Basement, made its debut on Thursday in conjunction with the B3 gaming network launch.enjoyable—both are based on the Ethereum layer-2 network Base…
Vitalik Buterin of Ethereum Registers “Dacc.eth” Amid Call for Conscientious AI Development
Today, months after writing a blog post introducing the concept of defensive accelerationism, Ethereum co-founder Vitalik Buterin registered the dacc.eth domain name. There has been conjecture over Vitalik’s intentions regarding…
Ethereum Inventor Vitalik Buterin Gives $500,000 to Charity with “Animal Coins”
Once more, Vitalik Buterin has made excellent use of the trillions of cryptocurrency tokens that people regularly send him—this time, by using them to save needy animals. The co-founder of…
Defiance Introduces Leveraged ETF to Boost Profits from MicroStrategies
Recently, a new exchange-traded fund (ETF) was introduced to the market, offering investors the opportunity to optimize profits on growing MicroStrategy stock. The Miami-based company Defiance ETFs introduced the MSTX…
On the Ethereum mainnet, NEBRA’s zero-knowledge proof aggregator launches
In an effort to reduce the cost of blockchain verification, the blockchain research group NEBRA is introducing a method called Universal Proof Aggregation, which combines several discrete zero-knowledge proofs into…
Blockchain Technology is About to Revolutionize with a Major Ethereum Upgrade
With the upcoming Pectra upgrade, which combines the Prague and Electra improvements, the Ethereum ecosystem is about to undergo a dramatic change. This update, which is slated to be released…
EigenLayer is adding ERC-20 tokens as restakable assets and testing permissionless token support
EigenLayer, an Ethereum restaking project, is expanding the protocol’s support for permissionless tokens. According to Eigen Labs, in a post to X, this feature will allow any ERC-20 token to…
The Arbitrum Community Will Soon Use ARB Staking
To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…
Centered on intent Series A investment of $11 million is raised by Ethereum L2 Essential
In a Series A financing round headed by Archetype, Essential, an intent-centric Ethereum Layer 2 blockchain developer, raised $11 million. The Spartan Group, IOSG Ventures, Amber Group, Maven 11, and…
For the First Time in Years, the Average Gas Prices for Ethereum Drop Below 1 Gwei
Because more transactions are being made on the layer-2 networks of the network, Ethereum gas fees have fallen to their lowest point in some years. Users may now transact on-chain…
The growth of Ethereum Layer 2 is raising concerns about liquidity dispersion, according to an analyst
According to multiple observers, the spread of Layer 2 solutions on Ethereum ETH +1.13% is fracturing liquidity throughout the network. The Ethereum network’s array of Layer 2 solutions, which includes…
Staking of Ethereum reaches 27.95% as liquid restaking techniques develop exponentially
At 27.95%, the percentage of the ETH +1.13% supply that was staked achieved a record high. This follows a small decline two weeks prior, on July 21, when it fell…
According to Ethereum Layer 2 Turbo, 400,000 transactions can be processed in a second
Ethereum scaling solution: ETH + 1.04% At the Blockchain Application Stanford Summit on Tuesday, the team behind Turbo Protocol revealed the creation of a new blockchain that is purportedly able…