NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last
The data researchers at CryptoQuant have said that the Dencun upgrade has rendered ether inflationary once again, which might lead to the loss of its characteristic as “ultra-sound” money. Since the Merge, when Ethereum switched from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, the amount of ether burned
The downtrends of the majority of altcoins in the market still resume. Ethereum (ETH), the largest altcoin by market cap, resumes to be under the bearish locks over the past 30 days with a 19% decline in price. ETH left the $3,500 zone behind on April 12, signaling the start
Vitalik Buterin, co-founder of Ethereum, has put up a new suggestion to make the protocol’s smart contract push more sustainable in the long run. Notably, the new proposal has garnered intriguing remarks. The founder of Uniswap, Hayden Adams, raised attention to the Ethereum proposal known as EIP-7702. Adams offers some
A leader in blockchain privacy technology, Silent Protocol has announced the launch of the innovative modular Layer 1.5, called Ghost Layer, for the Ethereum ecosystem. This new method is designed to provide public blockchains compliant privacy improvements that are suitable for institutional and retail use. The Ghost Layer combines its
Web3 infrastructure platform Astar Network, with its origins in Japan and recent global expansion, is proud to announce the launch of the TGE Catalyst Grant in stablecoins. This program will help emerging tokens on the Astar zkEVM platform through the pre-token generation event (TGE) phase. This initiative offers a comprehensive
The US Securities and Exchange Commission (SEC) has announced a further delay in its decision-making process regarding the proposed Invesco Galaxy Ethereum exchange-traded fund (ETF). In a recent filing, the SEC extended the deadline for its decision to July 5, 2024, citing the need for additional time to evaluate the
Yoav Weiss, an Ethereum (ETH) developer, has detailed the Ethereum team’s goal of improving smart contract interactions with dApps via the creation of a standard called ERC-4337. This standard makes it possible for Ethereum smart contract crypto wallets to function, whereby smart contracts, rather than externally owned accounts (EOAs), manage
The U.S Securities and Exchange Commission’s (SEC) judgment on Ethereum ETFs is imminent, and professionals in the field are becoming more skeptical. Crypto analyst Michaël van de Poppe has voiced his skepticism on the May approval of Ethereum Spot ETFs, taking the lead in the discussion. Michael Saylor, CEO of
Hong Kong’s extraordinary inflows of capital have thrust the region into the limelight, while the rest of the world’s digital asset ETF market has suffered losses during the previous week. As of now, the weekly flows in the Asian crypto ETF market are surpassing those in the U.S. Spot Bitcoin
