Ethereum

TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption…
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Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed at blocking Arbitrum DAO from transferring 30,766 frozen Ether to the victims of the Kelp exploit. …
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TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The company now holds roughly 4.29% of Ethereum’s outstanding supply and maintains total crypto and cash…
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The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…
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TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will grow by more than 3x, with a further doubling expected shortly after. ETH mainnet gas fees…
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Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May.Key takeaways:Ether’s technicals favor the bulls with a…
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TLDR: Ethereum taker buy volume surpassed $1B on Binance within one hour after ETH dropped below $2,300. OKX recorded nearly $20M in ETH buying flows in the same one-hour window following the price decline. The Federal…
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Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31…
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TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via…
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BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks.The company said…
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