Sat, January 4

Locked Ethereum Surges to Record High; Binance’s CZ Expresses Bullish Sentiment

The latest data from Nansen revealed some interesting numbers regarding locked Ethereum. According to the blockchain data and research platform, ETH locked hit an all-time high, touching 19,375,242 ETH. The data caught the attention of Binance CEO Changpeng Zhao, who recently took to his Twitter account to comment on it.

May 11, 2023 1 min read

What Next on Ethereum Roadmap After Shapella Upgrade?

The Ethereum roadmap remains extensive with several significant upgrades still in the pipeline. Over the next six months, Ethereum has planned upgrades to staking withdrawals, as well as various new applications that will enhance the blockchain’s security and provide a better user experience.  With the implementation of Proto-Danksharding, a new

May 5, 2023 2 mins read

Optimism Leverages Ethereum Attestation Service to Boost User Trust

Optimism, an Ethereum-based layer 2 companion blockchain, is going to utilize the Ethereum Attestation Service (EAS). The Ethereum Attestation Service (EAS) is an on-chain attestation system. That enables users to assess the integrity of the platform’s users and vouch for whether anything transpired on the blockchain. The Ethereum Attestation Service

May 5, 2023 1 min read

Cambridge AltFin Study Shows Ethereum Significantly Reduces Energy Usage

Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has proven to be a resounding success, with a Cambridge Alt Fin study showing a 99.9% reduction in energy consumption. This milestone has garnered attention from industry leaders. Including Binance’s CEO, who has praised Ethereum’s efforts to create a more sustainable future

May 4, 2023 3 mins read

Binance’s New Liquid Staking Token to Strengthen DeFi Accessibility

Binance has launched a new token called Wrapped Beacon ETH (WBETH). This allows users with additional choices when it comes to using staked ETH in DeFi protocols. Users will be allowed to take part in DeFi initiatives outside of Binance with WBETH while still being able to collect the associated

April 26, 2023 1 min read

What are MEV Sandwich Attacks and Why Everyone in Crypto Should Know About Them?

Earlier this week, an anonymous bot operator using a Maximal Extractable Value (MEV) strategy reportedly made over $1 million using what is known as a sandwich attack, essentially a tool by which an operator takes over a mempool to validate transactions and seek arbitrage on giant pools of transactions. The

April 24, 2023 2 mins read

Ethereum Network Sees $1.4 Billion Outflows Following Shapella Upgrade

Ethereum has gone through some of the most significant upgrades recently. From the transition from the proof-of-work to the proof-of-stake consensus to the recent Shapella upgrade, the network has undergone numerous changes. One of the most significant changes to the network after the Shapella upgrade is the ability to withdraw

April 20, 2023 1 min read

Ethereum Validators Struggle to Update Credentials After Capella Upgrade

Ethereum’s (ETH) latest upgrade, Shapella, has been successful, allowing developers to swap out critical parts of the network mid-flight. Recent data from the Nansen Analytic firm reveals that approximately 18.5% of Ethereum validators have been unable to update their credentials on the Ethereum network. The data shows that 106,219 validators

April 15, 2023 2 mins read

Ethereum Staking Might Compromise Privacy

A recent report by Justin Drake, an Ethereum Foundation researcher, raised an alarming issue. He stated that Ethereum staking exposes users’ IP address information, potentially compromising privacy and security. Drake explained that metadata is utilized to keep track of a wide range of information related to transactions. He emphasized that

April 14, 2023 2 mins read

ETH Deposits Outpace Withdrawals, Pointing to Rising Demand

The recent surge in the demand for Ethereum (ETH) is evidenced by deposits outpacing withdrawals. This is a clear indication that more investors are attracted to this cryptocurrency and are showing a higher level of confidence in its potential to generate profits. The ETH deposits are outpacing withdrawals in the

April 13, 2023 2 mins read
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