Ethereum Whale Acquires 10,309 ETH Amid Dip, Price Rebounds
An Ethereum whale has amassed $70 million in altcoins over the last three days, capitalizing on the ETH price drop. The ETH price must rise above $3,600. On Wednesday, April 10, the price of Ethereum (ETH) plummeted to $3,400 following the US release of red-hot CPI data for March. Since then, however, ETH has recovered significantly, […]
Ethereum’s DeFi Sector Sees Restaking Surge to Second Place
Coinbase examines the potential long-term significance of restaking for Ethereum yields, particularly if native stake issuance decreases. Since The Merge in September 2022, when the Ethereum blockchain transitioned into a Proof-of-Stake (PoS) network, the platform’s liquid staking protocols have increased dramatically. In recent times, however, restaking has received even more attention with the rise of liquid […]
Ripple CEO and CLO Support ETH and CFTC, Amid SEC Scrutiny
Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty support Ethereum and CFTC in opposing the US SEC. As the U.S. Securities and Exchange Commission opened investigations against the Ethereum Foundation, which is waging a legal campaign to classify Ether (ETH) as security, Ripple chief executive officer Brad Garlinghouse and chief legal officer Stuart Alderoty have both expressed support for […]
BNB Chain Announces BEP 336 Upgrade Modeled After Ethereum
BNB Smart Chain has unveiled its upcoming major upgrade, BEP 336, inspired by Ethereum’s EIP 4844. The BNB chain claims that BEP 336 will greatly reduce transaction costs and improve network efficiency. This discovery comes on the heels of Ethereum’s Dencun upgrade becoming live on the mainnet today, a momentous day for the blockchain community. […]
Ethereum’s Vitalik Buterin Proposes Quantum Defense Mechanism
Vitalik Buterin, Ethereum’s co-founder, has outlined a contingency plan for Ethereum Research to safeguard funds against potential quantum computer attacks, emphasizing the platform’s readiness for a swift recovery fork. In a proactive move to fortify Ethereum against the futuristic threat of quantum computing, Vitalik Buterin has shared a detailed defense strategy. His post on Ethereum […]