Ethereum News
Ethereum News

FTX hacker is now the 35th largest holder of ETH

The exploiter’s Ether haul is worth an estimated $288 million at current market prices. News The hacker that exploited the now-bankrupt FTX exchange last week made a tidy fortune that has propelled them to Ether ETH $1,811 whale status. Just a day after the embattled FTX exchange filed for Chapter 11 bankruptcy, its wallets were […]

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Ethereum News

The aftermath of Axie Infinity’s $650M Ronin Bridge hack

Since the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users. Analysis In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether ETH $1,764 and 25.5 million USD Coin USDC $1.00 for […]

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Ethereum News

Ethereum alone not enough to disrupt Big Tech: Jack Dorsey

Twitter CEO Jack Dorsey is doubling down on his Ether skepticism by downplaying the network’s potential to shake up the world of the social media giants. News Twitter CEO and self-professed Bitcoin BTC $33,812 maximalist Jack Dorsey is not giving Ether ETH $1,766 fans an inch. In his latest offhand remark about the market’s second-largest […]

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Ethereum News

Popular Bitcoin ETP set to debut in UK

BTCE will begin trading on Aquis Exchange in London and Paris next week. The product debuted on Germany’s Xetra digital stock exchange in June 2020. News Cryptocurrency investment manager ETC Group is expanding its Bitcoin BTC $33,757 exchange-traded product (ETP) offering in the United Kingdom after harnessing Swiss market rules to bypass more stringent British […]

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Ethereum News

Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined

Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community. Newsletter Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi […]

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Ethereum News

zkSync launches new STARK-based proof system with a focus on mass usability

The latest proof system promises better throughput than the current 100 TPS rate and reduces costs in the long term. News Ethereum layer-2 scaling solution zkSync Era has launched a new Scalable Transparent Argument of Knowledge (STARK)-based proof system called Boojum that promises to run on consumer-grade general processing units (GPUs). ZkSync Era is one of a […]

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Ethereum News

How to build a DApp on Ethereum

To build an Ethereum DApp, utilize development tools, create secure smart contracts, design a user-friendly front-end and rigorously test it before deploying it. How to The Ethereum DApps ecosystem is thriving, and the potential for decentralized applications (DApps) is immense. Who wouldn’t want to participate?  Developers can now build applications with their own native coins […]

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Ethereum News

ProShares prepares to launch unique Short Ether Strategy ETF

ProShares’ Short Ether Strategy ETF will start trading soon following the approval of the first Ethereum futures ETFs. ProShares introduced a trio of Ether ETH $1,553 futures exchange-traded funds (ETFs) in recent weeks, and the fund’s latest offering — the Proshares Short Ether Strategy ETF (SETH) — is set to start trading in November. The […]

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Ethereum News

Bitcoin ETF and halving buzz have boosted BTC’s demand compared to Ethereum in recent weeks.

The price of Ethereum’s native token, Ether ETH $1,554 , is trading around a 15-month low versus Bitcoin BTC $26,871 , and the lowest since Ethereum switched to proof-of-stake (PoS). Will it continue to weaken for the remainder of 2023? Let’s take a closer look at the charts.  Ethereum price breaks below critical support vs. Bitcoin […]

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Ethereum News

1inch wallet buys $10M in ETH following a $3.7M profit streak in July

The crypto wallet wallet linked to 1inch Investment Fund currently holds around $80 million in various digital assets. News. A crypto wallet belonging to the 1inch Investment Fund has bought huge amounts of Ether ETH $1,550 a month after recently cashing out on its dollar-cost averaging (DCA) buys throughout the first quarter of 2023.  Blockchain […]

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