Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism
Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M...
Ethereum News
Consensys lays off 20% of its total workforce
Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as...
Solayer, OpenEden launch Treasury-backed stablecoin on Solana
Solayer and OpenEden are launching a yield-bearing stablecoin on Solana (SOL) backed by United States Treasury bills, according to an...
Ethereum (ETH) to $6k: Whales Are Loading Up, Is This The Calm Before The Storm?
TLDR: Ethereum is trading around $2,470, with recent 6.2% decline Critical support level identified at $2,400 within ascending channel pattern...
Base stablecoin transaction volume briefly tops all other chains
The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it...
The ‘Purge’ — Vitalik’s plan to reduce Ethereum’s bloat
Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series on the blockchain network’s future path...
Ethereum (ETH) Price Stabilizes at $2,500 as Institutions Favor Bitcoin ETFs
TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with...
Rotation out of ETH into SOL causes another surge in bearishness
Ethereum fear, uncertainty, and doubt (FUD) have spiked again amid an apparent rotation into Solana (SOL), while ETH price in...
Raydium beats Ethereum in 24-hour fee revenues
On Oct. 21, decentralized exchange (DEX) Raydium beat the Ethereum network in 24-hour revenue, according to DefiLlama. Raydium, which is...
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
TLDR Ethereum price is showing positive momentum above $2,650 A key bullish trend line is forming with support near $2,680...
Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal
Tether’s United States dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential...
Vitalik Buterin Outlines Ethereum’s Next Phase of Development
TLDR Vitalik Buterin outlined plans for Ethereum’s next phase called “The Surge” The goal is to increase transaction capacity to...
Trump’s crypto token flops, Ethereum centralization concerns: Finance Redefined
Despite the widespread anticipation, former United States President Donald Trump’s token launch failed to live up to expectations. After the...
DeFi Leader Lido Finance Introduces stETH on Optimism Network
TLDR Lido Finance expands to Optimism, allowing stETH deployment on the layer-2 solution Users can benefit from daily staking rewards...
Radiant Capital halts lending after exploit
Radiant Capital halted its lending markets after the cross-chain lending protocol suffered a more than $50 million cybersecurity breach on...
Vitalik Buterin Suggests Lowering Ethereum’s Entry Barrier for Validators
TLDR Vitalik Buterin proposes reducing Ethereum’s validator threshold from 32 ETH to 1 ETH The proposal aims to improve network...
Layer 1 payments network CrossFi launches EVM-compatible mainnet
CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance...
Why is Ethereum (ETH) price up today?
Ethereum’s Ether (ETH) token price is rising today, helped by robust Q3 earnings from major United States banks that have...
Peter Todd named Satoshi on HBO, Mt. Gox repayment plan deadline postponed, and more: Hodler’s Digest, Oct. 6
Top Stories of The Week Mt. Gox pushes repayment plan deadline to October 2025 Defunct crypto exchange Mt. Gox has...
Chinese Authorities’ Seized ETH from PlusToken Scheme Begins to Move
TLDR Approximately 7,000 ETH ($16.7 million) from PlusToken Ponzi scheme moved Movement suggests possible sale of $1.3 billion in seized...
SEC sues Cumberland DRW for unregistered crypto dealer activities
The United States Securities and Exchange Commission (SEC) filed suit against Cumberland DRW on Oct. 10, advancing a single charge...
Bitcoin ETFs See $18.58M Outflow, Ethereum Funds Follow Suit
TLDR: Bitcoin ETFs saw $18.58 million net outflows on October 8, 2024 Fidelity’s FBTC led outflows with $48.82 million BlackRock’s...
