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Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY


The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.  The post Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY appeared first on Cryptonews

27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks


Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77...

Next-generation technology empowering Ethereum’s main network


Decentralized and open-source, Ethereum is a blockchain platform that changed how digital transactions and applications are seen. It was developed to make smart contracts and dApps for cryptocurrencies possible. The mainnet of Ethereum has, however, experienced several difficulties, including...

Ethereum Suffers Most Hacks Among Blockchains in 2024


Ethereum has emerged as the leading victim of blockchain hacks in 2024, with 33 reported incidents, according to a recent study. The post Ethereum Suffers Most Hacks Among Blockchains in 2024 appeared first on Cryptonews

Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme


United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...

Ethereum-based loans witness increased liquidation in April


In the initial two weeks of April, Ethereum-based loans witnessed growing liquidation, whereas crypto prices made a reasonable comeback after a very recent selling-off. In the case of Ethereum, it seemingly encompasses almost the entire lending scenario. As per The Block’s data dashboard, almost...

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