In a noteworthy development, a sizable transaction involving 26,017 Ethereum (ETH) has caught the attention of the cryptocurrency market. The transaction, valued at approximately $50,468,910, saw the transfer of ETH from an unknown wallet to Coinbase. The move, which was flagged by the blockchain analytics platform Whale Alert, signals heightened
Following the remarkable Ethereum Shanghai upgrade, the trend toward staking on Ethereum’s blockchain has been nothing short of phenomenal. Consequently, Ether (ETH) accumulation on the beacon deposit contract has surged significantly, witnessing an unprecedented rise. Ethereum Deposit Contract Value Reaches New ATH Since the Shanghai upgrade, the staking ratio of
Ethereum founder Vitalik Buterin drops a bombshell on Twitter, he claims that MPC-based EOAs are fundamentally flawed because they cannot revoke keys, “Smart Contract Wallets are the only option” In a recent Twitter Ask Me Anything (AMA) session conducted by Vitalik Buterin, he made a significant revelation regarding the flaws
ERC20 tokens are a standardized framework for creating and implementing smart contracts on the Ethereum blockchain. These tokens, exclusive to Ethereum, embody a set of guidelines that cryptocurrencies can adhere to, facilitating seamless interaction within the Ethereum ecosystem. The principal objective of ERC20 tokens revolves around their compatibility with smart
As per the data retrieved from Etherscan, the analytics platform for Ethereum, it is noted that the highest withdrawal of Ethereum (ETH) in recent times. All of those withdrawals are remarked from fresh wallets of count three. However, the top cryptocurrency exchanges like Binance and Kraken are involved in the
Ethereum (ETH) has recently displayed a Descending Channel Pattern on the daily time frame, indicating a prevailing bearish trend. However, it is important to note that technical patterns are not infallible and can sometimes provide opportunities for trend reversals. In this trade setup, we will explore the potential for a
ZkSync, the Ethereum layer-2 scaling solution, recently announced crossing the significant milestone of 35 million total transactions in a remarkable demonstration of growth and efficiency. Moreover, the transaction data comes from ZettaBlockHQ, a full-stack Web3 data platform. Bolstering Transparency with ZettaBlock Interestingly, the collaboration with ZettaBlock has amplified zkSync’s transparency
Tether, the prominent stablecoin issuer, has recently completed its second $1 billion issuance within two months, bringing the total amount issued in 2023 to over $16 billion. The transaction occurred on June 12, utilizing the Ethereum blockchain. Paolo Ardoino, Tether’s Chief Technology Officer (CTO), took to Twitter to clarify that
In the last 24 hours, there have been reports indicating that a significant amount, equivalent to 25,000 stETH or approximately $43 million, was deposited by a whale into the Aave platform. Additionally, during the same period, borrowed a substantial amount of 35 million USDT from Aave. Furthermore, according to the latest
Vitalik Buterin, the co-founder of Ethereum, has revealed the three transitions that contain the roadmap for the three significant technical transitions. Vitalik believes that the three transitions are crucial for ensuring the sustainability and long-term success of the Ethereum blockchain. The Three Transitions:https://t.co/rtewRnm2wK — vitalik.eth (@VitalikButerin) June 9, 2023 According
