The co-founder of Ethereum, Vitalik Buterin, has opposed what he mentioned as a lack of originality in the recent layer-2 and blockchain scaling landscape. As per a blog post released on February 5, Buterin mentioned that the ecosystem has now become more comfortable with rolling out similar EVM-based chains that
Payy has launched a new privacy-focused Layer-2 network built on Ethereum, which makes the everyday crypto transfers invisible to the public by default while still running on popular wallets like MetaMask. On the public blockchains wallets transactions and balances are visible, and this can be tracked, which leads to the
Ether (ETH), the second-largest digital asset by market capitalization, extended its recent downturn on Wednesday, with the price retreating to as low as $2,109.06 before staging a modest rebound. At the time of writing, ETH is trading around $2,171.77, down 4.12% over the past 24 hours, reflecting notable weakness following
The core developers of Ethereum have kept “Frame Transactions” on the shortlist of Hegota headliner candidates, and Vitalik Buterin publicly connected in the proposal thread the next day and stated that the design can acquire ERC-4337-style mempool acceptance rules through paymasters. At the time of writing, the price of ETH
A whale wallet has withdrawn over 63k ETH for a collective worth of more than $14 million. This comes after Trend Research sent more than 93k ETH to Binance. Analysts have shared their game plans around Ethereum tokens at a time when a single Ether is hovering around $2,200. Meanwhile,
BitMine Immersion Technologies, one of the largest publicly recognized holders of Ethereum (ETH), is currently struggling with unrealized losses of almost $7 billion due to the recent crypto market downturn, which has pushed its Ethereum treasury significantly into the red. The company’s Ether position, acquired at an average price of
According to the report by The Wall Street Journal, OnlyFans, a London-based subscription platform is reportedly talking to the Architect Capital, a U.S. private Equity firm, to sell its 60% stake. If the deal goes through, then it could value OnlyFans at $3.5 billion or $5.5 billion, including debt. OnlyFans
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
