Sony Launches Soneium Testnet & Developer Incubator Program
TLDR: Sony launched Soneium Minato testnet for its new Ethereum Layer 2 blockchain Soneium Spark incubator program announced to support...
Ethereum News
Lido Finance votes to integrate stETH into BNB Chain
Lido Finance integrates stETH into BNB Chain, marking its first cross-chain move. The integration uses Axelar and Wormhole to bridge...
Jump Trading Transfers $46.44M in ETH from Lido: Market Impact Uncertain
TLDR Jump Trading moved 17,049 ETH (worth $46.44 million) from Lido, possibly for sale This transfer raised fears of a...
Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity
Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Ethereum (ETH) Price Battles Resistance: Is a Breakout Coming Soon?
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since...
Hashdex Files for Combined Spot Bitcoin and Ethereum ETF with SEC
TLDR Hashdex has filed an application with the SEC for a combined spot Bitcoin and Ethereum ETF called the Hashdex...
Ethereum and Bitcoin See Transaction Fees Plummet Amid Market Downturn
TLDR Ethereum gas prices have dropped significantly, with the average price at 7.32 Gwei as of June 21, 2024, down...
Ethereum ETF: When Will They Launch & What Will The Price Impact Be?
TLDR Bloomberg analyst Eric Balchunas reaffirms his prediction of a July 2 launch date for U.S. spot Ethereum ETFs, following...
Ethereum’s Path to $10,000: Analysts Weigh in on the Most Asymmetric Bet in Crypto
TLDR Ethereum’s price reaching $10,000 is considered the most “asymmetric bet” in the current crypto market by some analysts, representing...
Ethereum’s (ETH) Path to $10,000: The Catalysts for Ethereum’s Next Bull Run
TLDR Despite temporary price stagnation, Ethereum (ETH) is poised for significant growth due to positive developments such as the SEC’s...
aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
zkSync’s ZK Token Airdrop Sparks Controversy Over Sybil Filtering
TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop...
SEC chair says S-1 approvals for spot Ether ETFs in the summer
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer....
RLUSD Coming: Ripple’s USD Stablecoin to Hit Ethereum, XRPL
Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the...
MetaMask’s Pooled Staking: Lowering the Barrier to Ethereum Staking
TLDR MetaMask has launched a new “pooled staking” feature that allows users to stake Ethereum (ETH) without meeting the 32...
Base Surpasses $8 Billion in Total Value Locked: Becomes Second-Largest Ethereum L2
TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler...
Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast...
VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024...
BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
Matter Labs Withdraws “ZK” Trademark Application Amid Industry Backlash
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The...
