Category: 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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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,…
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…
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…
Polymer brings IBC to Ethereum via initial Testnet
The Polyverse Testnet has been released by Polymer, an Ethereum rollup that aims to become Ethereum’s interoperability hub. Polymer is the latest project to attempt to address blockchain interoperability. Today…
EigenLayer TVL crosses $11 billion, overtakes AAVE
EigenLayer, a restaking protocol, is now the second-largest protocol by total value locked (TVL), surpassing even the well-known decentralized finance protocol Aave. EigenLayer had decided to remove the network’s deposit…
Bulls prevail even as Ark Invest offloads Coinbase shares and Blackrock seeks more Bitcoin ETFs
Cryptocurrency liquidations have surpassed half a billion dollars. Blackrock seeks to purchase more BTC ETFs while Ark Invest offloads Coinbase shares. The market displays bullish sentiment with Bitcoin rising to…
Blast Network Faces 65% TVL Plunge, Losing $2 Billion Post-Mainnet Launch Amid Phishing Menace
In a swift turn of events, the Ethereum-based layer two blockchain, Blast, witnessed a staggering 65% decline in Total Value Locked (TVL) within just 24 hours of its mainnet launch…
Blast Launches Mainnet, Unleashing Ethereum Layer 2 Power
In a significant stride toward enhancing Ethereum’s scalability, the Layer 2 network, Blast, has officially rolled out its mainnet, granting users the ability to withdraw their funds. The platform, spearheaded…
ETC Group Expands Crypto Offerings with Ethereum Staking ETP on Deutsche Börse Xetra
ETC Group, a leading provider of digital asset-backed securities, has broadened its cryptocurrency portfolio by introducing a new Ethereum staking exchange-traded product (ETP). The ETC Group Ethereum Staking ETP, known…