Ethereum Foundation Under the Microscope: $100 Million Budget Raises Questions
TLDR: Ethereum Foundation’s annual budget increased from $41 million in 2021 to $100 million in 2024 Vitalik Buterin disclosed his...
Ethereum
Crypto Drama: Ethereum Foundation’s $100 Million Transfer Sparks Debate
TLDR: Ethereum Foundation transferred 35,000 ETH (~$96.9 million) to Kraken exchange Transfer sparked criticism over lack of transparency Foundation says...
Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know
TLDR: Sony Group and Startale unveil Soneium blockchain, an Ethereum layer-2 network Soneium aims to bridge Web3 innovation with mainstream...
Is Ethereum’s (ETH) Price Slump Coming to an End? On-Chain Data Offers Clues
TLDR Ethereum’s price has dropped below $3,000 since early August, currently trading around $2,679. Ethereum gas fees hit a record...
Vitalik Buterin Donates $530,000 in Meme Tokens to Animal Welfare Fund
TLDR Ethereum co-founder Vitalik Buterin donated approximately $530,000 worth of “animal coins” to the Effective Altruism Funds’ Animal Welfare Fund...
Nasdaq, NYSE Cancel Plans for Bitcoin and Ethereum Options
According to separate notices, the Nasdaq and NYSE, the leading American stock exchanges, have quit their bid to list and...
Cronos zkEVM Launches Alpha Mainnet With Native Ethereum Bridge
Cronos Labs has announced the launch of its eagerly-anticipated zkEVM mainnet. Developed with support from zkSync developer Matter Labs, the...
Jump Trading Moves $46M in ETH: What’s Their Next Move?
TLDR Jump Trading moved 17,049 ETH (worth $46.44 million) from Lido, possibly for sale This transfer raised fears of a...
Ethereum’s V-Shaped Recovery: Breaking Down the Bull Case
TLDR Ethereum price recently increased above $2,650 A potential breakout towards $3,000 is being discussed The price dropped from $3,500...
Ethereum Layer-2 Networks Process Record 12.4 Million Daily Transactions
TLDR Ethereum’s layer-2 scaling ecosystem reached a new daily transaction all-time high of 12.42 million on August 12, 2024. The...
Grayscale’s ETHE ETF Stops Bleeding After $2.3 Billion in Ether Outflows Since Launch
TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2...
Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem
TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions...
Tornado Cash Dev Pertsev Needs Money For Legal Fight
Alexey Pertsev, the co-founder and developer of Tornado Cash, a popular decentralized cryptocurrency mixing service, is seeking an additional $750,000...
Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer
TLDR An unknown crypto user accidentally spent $90,000 in gas fees to transfer $2,200 worth of Ether (ETH). The user...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
