Category: Ethereum
Draft EIP-7776 by Vitalik Buterin suggests a new calldata gas type for Ethereum
In a new Ethereum Improvement Proposal (EIP-7706), co-founder of Ethereum ETH -0.29% Vitalik Buterin suggests creating a new gas category for transaction calldata. Currently, there are two primary forms of…
The last 68 days have seen a nearly 94% decrease in Ethereum transaction fees
This week, bitinfocharts.com announced that the average cost of transacting on the Ethereum blockchain dropped dramatically to around 0.00065 ETH, or $1.91, per transaction. Furthermore, data gathered by the gas…
21 Shares and ARK Invest removed the staking component from the most recent spot Ethereum ETF registration
Staking will not be a part of Cathie Wood’s ARK Invest and 21Shares’ proposed spot ether exchange-traded fund. Staking provisions were mentioned in a prior filing for ArkInvest/21 Shares, which…
Ethereum is once more becoming inflationary due to the Dencun upgrade
According to a report published on Wednesday by CryptoQuant, the amount of ether burned has decreased to one of its lowest levels since the Merge, when Ethereum switched from a…
The Ethereum Futures Trust ETF proposal from Grayscale has been withdrawn
A new document filed on Tuesday states that a petition to list and trade shares in Grayscale’s exchange-traded fund, ether futures, has been withdrawn. As per a filing with the…
EIP-7702 is drafted by Vitalk Buterin to improve accounts that are controlled by others
Prominent Ethereum developers, including as Ansgar Dietrichs, Matt Garnett, Sam Wilson, and Vitalik Buterin, have proposed a new transaction type to improve Externally Owned Accounts (EOAs). The current draft proposal…
ENS requests that Unstoppable Domains’ patent be halted
Ethereum Name Service filed a petition with the USPTO over a trademark that Unstoppable Domains had acquired. “In 2023 Unstoppable Domains (UD) obtained a patent for technology ENS Labs developed…
Ethereum Surges as Transaction Fees Plummet to Six-Month Low
Ethereum has emerged as the top-performing digital asset of the week, experiencing a notable price increase of over 6% to surpass $3,300. This surge in Ethereum’s value coincides with a…
Decline in Ethereum DEX Traders Signals Market Slowdown
The number of traders on decentralized exchanges (DEXs) within the Ethereum ecosystem has witnessed a notable decline, reaching its lowest level since February. From over 95,000 traders at the beginning…
Ethereum Staking Peaks with 27% of ETH Now Locked In
Recent data shows that staking interest in the Ethereum network has risen significantly over the past year, with over 27% of all ether now staked. This accounts for a total…
Aligned Layer Raises $2.6M to Improve Ethereum’s Performance with Cost-Effective Validity and ZK Proofs
Aligned Layer has successfully secured $2.6 million in funding from a group of investors led by Lemniscap, alongside Paper Ventures and Bankless Ventures. This funding marks a significant achievement for…
Ethereum’s Pectra Upgrade Brings Smart Contract Functionality to Wallets Amidst Concerns
Ethereum developers are moving forward with the long-anticipated inclusion of EIP-3074 in the blockchain’s next upgrade, known as Pectra. The upgrade is expected later this year and aims to bring…
Ethereum Lending Markets Experience Significant Loan Liquidations
The first two weeks of April saw a high volume of liquidations in Ethereum lending markets, hitting levels not seen since June 2022. Despite the month barely being half over,…
Ether.Fi Secures $500 Million Restaking Partnership with RedStone Oracles
Ether.Fi, the leading liquid restaking service on EigenLayer, has reached a $500 million deal with RedStone Oracles, a provider of blockchain data feeds. This partnership aims to enhance RedStone’s data…
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…
“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…
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…
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…
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…
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…