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Ethereum (ETH) News

cryptocurrency September 11, 2024

PayPal and its subsidiary, Venmo, have integrated Ethereum Name Service (ENS) into their online payment services, making cryptocurrency transfers easier. Advertisements ENS, an open-source protocol, simplifies Ethereum addresses by replacing them with user-friendly names. Initially available to users in the US, this feature allows sending and receiving cryptocurrency using ENS names. PayPal, Venmo Partner with […]

cryptocurrency September 9, 2024

Bitcoin (BTC) led last week’s crypto investment outflows, seeing $643 million in negative flows. Ethereum followed with outflows totaling $98 million, while Solana stood out with positive inflows of $6.2 million. Advertisements Traders and investors remain uneasy as they brace for key US economic events this week and throughout September, which could significantly impact market […]

cryptocurrency September 9, 2024

A recent $11 million transfer of stolen Ethereum (ETH) has raised concerns over a potential market selloff. Advertisements The funds, linked to the July hack of crypto exchange WazirX, were moved early Monday, September 9, by a North Korean hacking group to Tornado Cash, a service known for anonymizing crypto transactions. Ethereum Price Plunge Feared […]

cryptocurrency September 6, 2024

Ethereum’s (ETH) price continues to grapple with significant strain, having fallen below $2,400 for the second time in three days. Advertisements While the broader market might hope that this latest decline marks the bottom, on-chain analysis begs to differ. Investors Move Away from ETH On August 24, Ethereum’s price climbed to $2,800, sparking speculation that […]

cryptocurrency September 6, 2024

Ethereum co-founder Vitalik Buterin revealed plans to donate all proceeds from Layer 2 (L2) and related project tokens that he holds. His interest lies in supporting public goods within the Ethereum ecosystem or charitable activities. Advertisements Buterin’s recent transactions have come under scrutiny with varied opinions between sales and donations. Vitalik Buterin Supports Growth The […]

cryptocurrency September 3, 2024

Ethereum’s revenue has dropped sharply over the past several months as competition from Layer-2 (L2) scaling solutions has increased. Advertisements The March Dencun Upgrade was a crucial development for the Ethereum blockchain, particularly in reducing transaction fees. However, this upgrade came at a cost. Ethereum Revenue Sinks Amid Layer-2 Boom Ethereum’s revenue has plunged by […]

cryptocurrency September 1, 2024

Ethereum co-founder Vitalik Buterin has firmly denied allegations that the network’s Layer-2 solutions can unilaterally seize users’ funds. Advertisements This statement comes after several crypto stakeholders reignited the debate over fund security on Ethereum Layer-2 networks on the social media platform X (formerly Twitter). Buterin Addresses Skepticism Over Ethereum Layer-2 Fund Security On August 31, […]

cryptocurrency August 30, 2024

Vitalik Buterin recently transferred 800 ETH tokens, valued at $2.01 million, to a multisig wallet. This transaction attracted attention, as it marked the second time he had made a similar transfer this month. Advertisements Decentralized autonomous organizations (DAOs) and other groups commonly use Multisig wallets to securely manage shared treasuries, requiring multiple approvals for transactions […]

cryptocurrency August 28, 2024

American asset manager BlackRock has listed its Ethereum ETF (exchange-traded fund) on a Brazilian stock exchange, with trading set to begin on Wednesday, August 28. Advertisements The Brazilian market is increasingly embracing crypto ETFs, providing institutional investors with greater access to digital assets. This development marks another step in the growing acceptance of cryptocurrencies in […]

cryptocurrency August 28, 2024

Ethereum (ETH) price is exhibiting both positive and negative signals, with the latter coming from investors. Advertisements The positive sentiment, however, comes from the market, which hints at the right conditions for accumulation. Ethereum Investors Have an Opportunity Following Ethereum’s price drop, along with the rest of the market, a wave of panic set in. […]