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Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network


Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...

Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked


Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...

Altcoins Weekly Losses Grow as Market Liquidations Continue


Pixabay Cryptocurrencies face market corrections days into 2024 based on several factors ranging from trader gripping reports, a fake spot Bitcoin (BTC) ETF social media post, and other factors.  On-chain data shows declining asset prices in the second week of the year, especially around altcoins...

Valkyrie CIO Says Market May See Ripple, Ethereum ETFs Next


Source: DALL·E Valkyrie Funds Chief Investment Officer Steven McClurg says it wouldn’t be surprising if a Ripple and Ethereum spot exchange-traded fund (ETF) came to the market speaking in an interview with Bloomberg TV. “It wouldn’t surprise me if we saw Ripple or Ethereum spot ETFs...

Celsius drafts a plan to unstake Ethereum


Celsius is going through a crisis amid bankruptcy. Increasing liquidity is one approach to meeting creditors’ demands. As a result, the company has devised a strategy to sell a significant chunk of its ETH and raise funds to pay off the debt. The plan implies unstaking Ethereum tokens valued...

2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months


Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...

Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts


The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...

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