Mon, September 16

Search Results for: Eth

Vitalik Buterin Hails Ethereum’s Resilience Over Supermajority

Ethereum co-founder Vitalik Buterin has lately brought attention to a crucial part of the network’s resilience. He called it “great news” for the Layer 1 network since the percentage of execution clients doesn’t go beyond two-thirds. In addition, the Ethereum blockchain has recently undergone significant modifications, and this announcement follows

August 24, 2024 2 mins read

Tether Helps Law Enforcement Recover Over $108.8M in Illicit USDT 

Tether has actively collaborated with law enforcement agencies globally since its inception in 2014 to combat illegal activities involving its stablecoin, USDT. The company has played a significant role in helping 145 law enforcement agencies recover more than $108.8 million in USDT. This amount was tied to various illicit activities.

August 24, 2024 2 mins read

Ethereum Foundation Moves ETH to Kraken Amid Token Price Recovery

The Ethereum Foundation caught market attention in the past day with its significant ETH transactions. While the altcoin has struggled to surpass the $2.6K level in the past few weeks, it has exhibited modest positive momentum in the last 24 hours. Meanwhile, market conditions have turned bullish with market cap

August 24, 2024 2 mins read

Is Ethereum Trapped at $2.6K Consolidation After Bullish Attempts?

The crypto market has exhibited mixed signals in the past few weeks, as prices haven’t shown significant upward movements. While the regulatory and L2 sectors have witnessed optimal activities, prices have experienced an overall lull. Notably, Bitcoin, the largest cryptocurrency, has struggled to surpass $61K over the past week.  Meanwhile,

August 23, 2024 2 mins read

US Authorities Reclaim $5M in Tether USDT from Scam Operations

The United States attorney for the Eastern District of North Carolina has announced that nearly 5 million dollars worth of Tether USDT has been seized from a crypto scam. These funds were traced to cryptocurrency addresses associated with the laundering of unclean funds stolen from victims by following a ‘Pig

August 23, 2024 2 mins read

Sony Group Unveils New Ethereum Layer-2 Blockchain Soneium

Sony Group, the global conglomerate, is making a major entry into the blockchain space with the announcement of Soneium, a new Ethereum Layer-2 blockchain developed in partnership with Startale Labs. This innovative project aims to address key challenges in scalability and user experience, setting the stage for broader mainstream adoption

August 23, 2024 2 mins read

Will Ethereum Overcome Market Struggles and Break $3000?

As new spot exchange-traded funds (ETFs) enter the U.S. market, Ethereum, the second-largest cryptocurrency by market cap, continues to grapple with substantial difficulties. Despite recent efforts to reach new price peaks, ETH has struggled to surpass the crucial $3,000 resistance level, contending with market fluctuations and waning dominance compared to

August 22, 2024 2 mins read

US Spot Ethereum ETFs Experience Longest Withdrawal Streak

Spot Ethereum exchange-traded funds (ETFs) in the US have seen withdrawals for five days in a row. This is the longest run of withdrawals since their inception on July 23. Withdrawals from the Grayscale Ethereum Trust (ETHE) having surpassed $2.5 billion as of August 21 have outpaced the majority of

August 22, 2024 1 min read