Vitalik Buterin, co-founder of Ethereum, recently shared his thoughts on X that the Ethereum Foundation is moving into a period of mild austerity to power its development roadmap. This announcement provides a glimpse into how it’s managing its resources while still focusing on the development of the protocol. In these
The Ethereum Foundation has publicised a multi-year austerity programme made to balance development priorities with long-term financial sustainability, as stated by the co-founder of Ethereum, Vitalik Buterin. Buterin verified the pull-out of 16,384 ETH, which will be positioned over the coming years to back the core development mission of Ethereum.
As the broader crypto market tumbles today, down around 5.31% with the total market capitalization falling to $2.83 trillion, major cryptocurrencies are seeing sharper losses. The selling pressure has been further intensified by the expiry of billions of dollars’ worth of Bitcoin and Ethereum options contracts, which have added to
Bit Digital, a Nasdaq-listed crypto company, has officially announced that it will exit Bitcoin mining and will mainly focus on Ethereum staking and AI infrastructure. Sam Tambar, CEO of Bit Digital, said that Bitcoin mining has not produced sufficient income for the company. Rising costs, hardware limits, and lower efficiency
Ethereum is rolling out this thing called ERC-8004, which sets standards for AI agents that work without needing trust from anyone specific. It was first talked about back in August 2025, and now they say it should hit the mainnet pretty soon. The idea is to let these AI agents
With the broader market sentiment being fear, the Fear and Greed Index value is holding at 29. The majority of the assets are charted in red, and a few green ones are there. Meanwhile, Bitcoin (BTC) is attempting to escape the bear market. Among the altcoins, the largest, Ethereum (ETH),
Coinbase has launched a new borrowing feature which allows the eligible U.S. users to borrow upto $1 million in USDC without selling or unstaking their ETH. The users can use the new product, cbETH, which is Coinbase’s token that represents the staked ETH as collateral to borrow USDC. This makes
The SagaEVM chain, part of the Saga Layer-1 blockchain ecosystem, remained paused after a security exploit on January 21. With that, the investigation update was released on January 22, the attacker’s wallet was found, and around $7 million worth of assets, with some converted to Ethereum. Further, the team is
As the bearish stretch across the market continues, all the major crypto assets are found in the red zone, with signs of exhaustion. The largest asset, Bitcoin (BTC), is hovering at $93K, while the largest altcoin, Ethereum (ETH), has registered a 2.91% slump. In the morning hours, the asset was
Ethereum’s network activity has reached unprecedented heights, with the last week’s average of daily transactions rising to almost 2.5 million, even as gas prices have plummeted to new lows. This rare combination of surge in network activity and low transaction costs comes after recent protocol upgrades and scaling improvements that
