MetaMask Launches Ethereum Staking Services for Holders
MetaMask, a crypto wallet company, has launched its Ethereum staking service, enabling users to combine their funds and stake their assets. MetaMask wallet users can stake their Ether without the need to satisfy Ethereum’s substantial minimum requirement of 32 ETH, which is approximately $112,000 at the time of writing, with the service. Users can still […]
Ethereum Outflow From Coinbase Tops 300K ETH, Price Rally?
Ethereum has had the largest year-to-date outflows from Coinbase, reaching 336K ETH worth over $1 billion. This suggests price increases. Today, June 12, Ethereum, the second largest cryptocurrency by global market cap, has again become the topic of conversation in the crypto community. The token recently documented the withdrawal of more than 300,000 coins from Coinbase, […]
Base Tops Other ETH Layer-2- Networks as TVL Surges to $8B
Ethereum layer-2 network Base has surpassed $8 billion in total value locked (TVL) days after surpassing Optimism’s OP Mainnet and now tops all other layer-2 networks. L2Beat data indicates that its TVL as of June 10 is $8.05 billion, which includes $2.14 billion in canonically bridged value (assets that are secured on Ethereum to be […]
SEC Chair Gary Gensler Hints at Delay on Spot Ether ETFs
Gary Gensler has suggested that there might be a delay over final approvals for asset managers offering spot Ether ETFs on exchanges. Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has proposed that there may be a delay in the ultimate approval process for asset managers that offer spot Ether […]
Shibarium Reaches Major Milestone, Shortens Ethereum Bridge
Shiba Inu’s Shibarium Layer 2 blockchain has cut Ethereum bridge time from seven days to 45 minutes for seamless operations. Shiba Inu’s Shibarium network has significantly shortened the bridge time between Shibarium and Ethereum, hence improving user experience and operating efficiency. Previously, the bridge duration was a lengthy seven days, which interfered with smooth operations. […]