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Ethereum and Lido Finance Dominate Revenue Generation as Prices Soar
29.5.2023
The Ethereum (ETH) network and staking provider Lido Finance (LDO) are among the biggest revenue generators in the world of decentralized finance (DeFi), a ranking by data provider Token Terminal has shown.
In the ranking, Ethereum came in on top with a 30-day revenue generation of $370.6 million...
Ethereum Transaction Volume Rivals Visa As Blockchain Transactions Soar
29.5.2023
Ethereum may be far younger than the traditional payments giants, such as Visa, but it has shown (yet again) that blockchain, in a single decade, developed into a force to be reckoned with. ...
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After Eight Years of Dormancy, Long-Forgotten Ethereum ICO Wallet Resurfaces with $15 Million Worth of Funds
29.5.2023
A wallet dating back to the Ethereum (ETH) initial coin offering (ICO) in 2015 has caught the attention of the crypto community after it suddenly moved a significant amount of funds.
The wallet, which has been completely inactive since the ICO, on Saturday transferred all of its 8,000 ETH...
Global Payments Giant Visa Experiments with Ethereum's Goerli Testnet – Here's the Latest
19.5.2023
Global payments giant Visa has used Ethereum's Goerli testnet to try out transaction-free payments with the help of account abstraction.
On-chain data shows that Visa used a smart contract called Paymaster, allowing the company to take advantage of account abstraction to perform complex tasks...
Bankrupt Celsius Network Channels $75 Million of Ether to Figment Staking Service – What's Going On?
16.5.2023
The bankrupt crypto lender Celsius Network has staked close to $75 million worth of ETH via the staking service Figment, on-chain data has revealed.
The massive transfer from Celsius to Figment was made via fourteen separate transactions made between May 10 and 12, and totaled some 40,928 ETH...
Demand for ETH Staking Soars Despite Nearly Month-Long Waiting Period
16.5.2023
Since the implementation of the Shanghai upgrade to the Ethereum mainnet just over one month ago, which allowed Ethereum validators to withdraw all or some of their staked Ether (ETH) tokens from the staking smart contract for the first time, demand for ETH staking has soared.
According...
Ethereum Network Recovers after Two Consecutive Performance Issues Reported in 24 Hours
13.5.2023
The Ethereum network has recovered after suffering from two performance issues in the past 24 hours that resulted in blocks not being finalized.
In a Friday tweet, pseudonymous Ethereum developer Terence.eth revealed that the network has resumed finalizing blocks, adding that clients,...
Ethereum Bot Operated by Jaredfromsubway.eth Bags More Than $40 Million in Three Months
11.5.2023
An Ethereum bot run by pseudonymous crypto user Jaredfromsubway.eth has made $40 million in just three months by using a technique known as "sandwiching" on decentralized exchanges (DEXs).
The bot operated by Jaredfromsubway.eth is a so-called MEV bot designed to use “sandwiching” techniques...
Ethereum Price Prediction as Meme Coin Mania Pushes Gas Fees to 12 Month High – Is ETH Adoption on the Rise?
10.5.2023
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, was last up a little over 1.0% on Wednesday in the $1,870 area.
The cryptocurrency derived a small intra-day boost from US Consumer Price Index inflation data that came in broadly in line with expectations...
Ethereum Price Prediction as The Ethereum Foundation Sells $30 Million Worth of ETH – Will the ETH Price Crash?
8.5.2023
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has been under strong selling pressure in the last three days.
ETH/USD was last trading around $1,830, down over 2.0% on Monday and down more than 9% from last week’s highs to the north of the $2,000 level....
Ethereum (ETH) Price Set to Roar as These Two Key Deflationary Tailwinds Pick Up
29.4.2023
Post-“shapella” upgrade optimism that briefly lifted the Ether (ETH) price to 11-month highs in the mid-$2,150s earlier this month has mostly faded.
Ether, the token that powers the smart-contract-enabled Ethereum blockchain, was last trading close to $1,900, still up around 4% for the month,...
Cambridge Study Reveals Ethereum's Lifetime Energy Use Before Merge on Par with Switzerland's Annual Consumption
27.4.2023
A study conducted by Cambridge University’s Centre for Alternative Finance (CCAF) has found that the Ethereum network during its lifespan has used as much energy as Switzerland.
According to the CCAF, the Ethereum network’s energy consumption came in at a total of 58.26 Terawatt hours (TWh)...
Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
26.4.2023
In a record week for Ethereum staking, investors moved over 570,000 Ether (ETH) tokens into the blockchain’s staking smart contract last week, according to a Dune analytics dashboard.
That’s over $1 billion worth of Ether tokens and marked the fastest weekly pace of ETH deposits into the staking...
Mysterious Hack Drains $10 Million from Crypto Whales and Early Crypto Investors – What's Going On?
19.4.2023
A mysterious hack has drained more than $10 million worth of ETH and other tokens from a large number of crypto whales.
The theft was first reported by a developer for the popular browser-based wallet MetaMask known as Tay, who wrote on Twitter on Tuesday that “Its rekt my friends & OGs who...
Ethereum Price Prediction as SEC Chair Gary Gensler Refuses to Say if ETH is a Security – Bullish for Ethereum?
19.4.2023
A combination of rising US bond yields, concerns about what hotter-than-expected UK inflation might mean for the US inflation outlook and an aggressive liquidation of long positions has seen the price of Ether (ETH) drop sharply on Wednesday.
But price predictions still remain upbeat. ...
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Total Staked ETH Tokens Keeping Surge Higher – What This Means for the Ethereum Price
19.4.2023
In wake of last week’s major Ethereum blockchain upgrade enabling the unstaking of ETH tokens from the Beacon chain for the first time since staking was enabled in December 2020, the number of ETH tokens locked in the staking smart contract has continued to surge higher.
Total staked ETH tokens...
Key Ethereum Levels to Watch as ETH Price Pivots $2,100
18.4.2023
Midway through last week and following the successful implementation of the Shanghai and Capella upgrades to the Ethereum blockchain, the price of Ether (ETH) broke convincingly above the $2,000 level for the first time since May 2022.
Ether, the crypto token that powers the smart-contract-enabled...
Arbitrum's 700 Million ARB Return Proposal Fails, Deemed a "Power Play" by Whale – Here's What Happened
16.4.2023
The bulk majority of ARB token holders have voted against a proposal demanding the return of 700 million ARB tokens to the Arbitrum DAO Treasury.
The final results, which come after a seven-day voting period that started on April 8, show that more than 84% of ARB token holders rejected...
Ethereum Shorts Obliterated as ETH Price Crashes Through $2,100 – Where Next for the ETH Price?
15.4.2023
Ether (ETH) future short positions have been wiped out on mass in the last two days, as the world’s second-largest cryptocurrency by market capitalization defied the bears and rallied in wake of Wednesday’s highly anticipated series of upgrades to the Ethereum blockchain.
ETH surged above $2,100...
Kraken to Unstake Over $1 Billion in ETH After Shapella Upgrade – What Happens Next?
14.4.2023
Major crypto exchange Kraken has taken a leading position in the Ethereum (ETH) unstaking queue following the blockchain’s latest Shapella upgrade, with a number of market observers suggesting that the exchange’s dominance of the queue could be triggered by Kraken's recent legal woes. ...
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