Category: Ethereum

15
Apr
2024
Posted in Ethereum

Ethereum launch Aligned Layer secures a $2.6 million venture funding deal

As a “universal verification layer for Ethereum,” Aligned Layer is a startup that announced on Sunday, April 14, that it has raised $2.6 million in seed money. Leading the initiative…

11
Apr
2024
Posted in Altcoin DeFi Ethereum

“The war on DeFi has begun,” says the cryptocurrency sector in response to the SEC serving Uniswap with a Wells Notice

The U.S. Securities and Exchange Commission served Uniswap UNI -17.095% Labs with a Wells Notice, signaling an impending litigation, as disclosed today. It should come as no surprise that the…

10
Apr
2024
Posted in Ethereum Policy and Regulation

Steven Nerayoff, a former Ethereum advisor, is suing the US government for $9.6 billion 

An early Ethereum network advisor is claiming that federal authorities “maliciously” investigated and prosecuted him, and he is suing the government of the United States for $9.6 billion. Steven Nerayoff’s…

09
Apr
2024
Posted in Ethereum

Ether Options Signal Bullish Sentiment for End of April

Ether options set to expire at the end of April are indicating a prevailing bullish sentiment in the market, according to analysis of open interest data. The options market reflects…

06
Apr
2024
Posted in Ethereum

Researchers at the Ethereum Foundation Face Backlash Over Their Plan to Reduce ETH Issuance

Two researchers from the Ethereum Foundation (EF) proposed earlier this year to slow down the rate at which new Ether (ETH) tokens are issued. It was a deliberate strategy to…

05
Apr
2024
Posted in Ethereum

Unraveling the Future: VanEck Forecasts $1 Trillion Valuation for Ethereum Layer 2 Tokens by 2030

The Ethereum Layer 2 market is poised to witness an unprecedented surge, with investment firm VanEck predicting a staggering valuation of at least $1 trillion by 2030. This optimistic projection…

29
Mar
2024
Posted in Ethereum

Ethereum’s New Data System Faces Pressure as ‘Blobscriptions’ Test its Limits

The recent upgrade to Ethereum’s blockchain introduced a dedicated space for data storage known as “blobs,” aiming to reduce fees and alleviate congestion. However, this innovative solution faced its first…

23
Mar
2024
Posted in Altcoin Ethereum

Ethereum’s Pectra Upgrade to Expand Maximum Validator Stakes

Ethereum developers have proposed a significant change to the validator stake limit in the upcoming Pectra upgrade, intending to raise it from the current cap of 32 ETH to 2,048…

23
Mar
2024
Posted in Ethereum

Heco Bridge Hackers Launder $145 Million in Ether Through Tornado Cash

Following the exploit of the Heco Bridge in November, hackers have reportedly laundered over 40,000 ether, valued at $145.7 million, within the past eight days using the crypto mixer Tornado…

23
Mar
2024
Posted in Ethereum

Google Integrates Ethereum Name Service Wallet Balances into Search Results

Google has introduced a new feature that displays wallet balance data from Ethereum Name Service (ENS) domains directly within search results. This development builds upon Google’s initial support for Ethereum…

21
Mar
2024
Posted in Ethereum

Grayscale Ethereum Trust Discount Narrows Amidst Dim Prospects for Spot ETF Approval

The Grayscale Ethereum Trust has seen its discount shrink to -20%, marking its lowest level since November 2023. This reduction coincides with diminishing hopes within the cryptocurrency community regarding the…

21
Mar
2024
Posted in Ethereum

Morph Secures $20 Million Investment to Propel Ethereum Layer 2 Development

Morph, a pioneer in Ethereum Layer 2 network solutions, has successfully raised $20 million in seed and angel funding rounds to accelerate the development of its innovative platform. Spearheaded by…

18
Mar
2024
Posted in Ethereum

Ether.fi Unveils ETHFI Governance Token Airdrop Plans Amid Controversy

The biggest liquid restaking protocol on Ethereum, ether.fi, has revealed plans for its next governance token airdrop. With an initial circulating quantity of 115.2 million tokens, the currency, termed ETHFI,…

18
Mar
2024
Posted in Ethereum

EtherFi Adapts Token Distribution Strategy in Response to Community Feedback

EtherFi, a prominent liquid restaking protocol operating within the Ethereum blockchain, has recently unveiled its plan for distributing governance tokens, known as ETHFI. With a fixed total supply of 1…

16
Mar
2024
Posted in Ethereum

Canto Blockchain’s Cyclone Stack: A New Era of Performance and Scalability

In a strategic shift, the Cosmos-based layer-1 blockchain, Canto, has unveiled its ambitious “Cyclone Stack” roadmap, aimed at enhancing scalability and performance. Contrary to its earlier plans of migrating to…

16
Mar
2024
Posted in Ethereum

Obscuro Labs’ TEN: Pioneering Encryption in Ethereum Layer 2

Obscuro Labs, the visionary developer behind the encrypted Ethereum Layer 2 network known as TEN (“The Encrypted Network”), has successfully concluded a funding round, raising $9 million. Led by enterprise…

15
Mar
2024
Posted in Ethereum

EigenLayer Unveils Mainnet’s Last Roadmap Ahead of Launch

EigenLayer, renowned for its Ethereum-based restaking initiative, has disclosed a detailed roadmap elucidating the steps leading to the release of its mainnet. Eigen Labs stated in a blog post on…

13
Mar
2024
Posted in Ethereum

Ether.Fi Unveils ETHERFI Token on Binance Launchpool

Ether.Fi, a pioneering player in the burgeoning realm of liquid restaking protocols, is set to introduce its new token, ETHERFI, through Binance’s Launchpool next week. Liquid restaking protocols, like Ether.Fi,…

08
Mar
2024
Posted in DeFi Ethereum

Injective Launches inEVM Layer 2 Rollup

Injective announces launch of inEVM is live on mainnet. inEVM allows Ethereum developers to launch their apps on Injective without having to change the code. Injective Protocol’s successful launch of…

08
Mar
2024
Posted in Ethereum

Base to support Ethereum’s Dencun Upgrade from Day One

Ethereum Layer 2 Base team announced that it will support the next Dencun update starting on day one. EIP-4844 presents a brand-new idea for Layer 1 blocks called “blobs.” In…