Ethereum Watch

Prometheum, a New York-based digital asset firm, has launched the first SEC-compliant Ethereum (ETH) custody service, marking a new milestone for regulatory compliance in the industry. Advertisements This service treats ETH as a security in line with U.S. Securities and Exchange Commission (SEC) regulations. Prometheum Pioneers Regulated Ethereum Custody Service Prometheum, known for its controversial […]

Vitalik Buterin, Ethereum’s co-founder, recently addressed key decentralization challenges facing the Ethereum network in a detailed blog post. Advertisements Buterin’s insights focus on three critical areas: Miner Extractable Value (MEV), staking complexities, and hardware requirements for running nodes. He emphasized that while concerns about Ethereum’s design are “widely shared,” these issues might be easier to […]

A massive crypto whale recently offloaded $46 million worth of Ethereum (ETH) amid a critical period for the crypto market. Advertisements This transaction has stirred considerable attention as the market anticipates the US Securities and Exchange Commission’s (SEC) decision on the spot Ethereum exchange-traded funds (ETFs). Crypto Whales Cash Out on Ethereum According to the […]

Ethereum Foundation researcher Justin Drake revealed that he became an advisor to the EigenFoundation, an independent non-profit focused on the restaking protocol EigenLayer. Advertisements In an extensive May 19 post on social media platform X, Drake revealed the extent of the relationship with the project and how he plans to operate. EigenLayer Gets New Advisor […]

Coinbase projects that Ethereum (ETH) might outshine other cryptocurrencies shortly. Advertisements The company’s recent report suggests that the second-largest cryptocurrency has the potential to surprise its holders positively. Key Factors Supporting Ethereum’s Potential This year, Ethereum has lagged behind the broader crypto market. Despite this underperformance, Coinbase remains optimistic about its long-term prospects. The report […]

A recent SEC filing has sparked concerns about the future of spot Ethereum ETFs, potentially shaking the crypto industry’s foundation. Advertisements On May 13, Scott Johnsson from Davis Polk and Wardwell highlighted the SEC’s call for public input on classifying BlackRock’s proposed spot Ethereum ETF as a commodity-based trust. SEC’s Review on Ethereum ETFs Johnsson […]

A recent report reveals that Konstantin Lomashuk and Vasiliy Shapovalov, co-founder of Lido—the largest liquid staking protocol in Ethereum (ETH)—fund a competitor of Ethereum’s restaking protocol EigenLayer. Advertisements According to a source familiar with this matter, Symbiotic is the protocol that will receive Lido co-founder’s backing. It will get support through the Cyber Fund. Symbiotic […]

Vitalik Buterin, Ethereum co-founder and renowned blockchain expert, introduced a new Ethereum Improvement Proposal (EIP) numbered 7706. Advertisements This proposal suggests a new type of gas specifically designed for transaction calldata. Backed by Buterin’s extensive knowledge and experience, this initiative aims to manage and optimize how data is processed and priced within Ethereum. Introducing a […]

This week is key for the crypto market, as several pieces of news will show the industry players’ direction.  Advertisements From inflation data to legislation would affect the crypto industry, and even updates on spot Ethereum ETFs and the US Securities and Exchange Commission (SEC) lawsuit against Ripple. Wednesday’s US Consumer Price Index This week, […]

A long-standing Ethereum investor known by their wallet address 0x2ce recently transferred a significant quantity of Ethereum (ETH) to Coinbase. Advertisements This movement involved 4,153 ETH, valued at approximately $12.17 million, based on the current exchange rate of $2,931 per ETH. Are Long-Term Ethereum Investors Cashing Out? Initially, 0x2ce sent the funds to an intermediary […]