Ethereum co-founder Vitalik Buterin has stepped in to defend Polymarket, a decentralized prediction market, following criticism over its betting options related to the ongoing conflict in the Middle East, particularly concerning Hezbollah. The platform features bets on significant events, such as potential Israeli military actions and ceasefires, which some critics
Vitalik Buterin, co-founder of Ethereum, has once again drawn attention due to recent transactions associated with a wallet suspected to be his. Buterin had previously stated on social media, “I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are
Polymarket, a blockchain-based prediction market, is reportedly in discussions to secure over $50 million in new funding, as reported by The Information. The platform is also exploring the possibility of launching a dedicated token, which could enhance its betting market functionality. If successful, this token is anticipated to be a
At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being
Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment. These funds are expected to bring more capital into Ethereum’s ecosystem. In whale movements,
Vitalik Buterin, Ethereum’s co-founder, has been at the centre of attention in recent days, both with his significant crypto transactions and his active presence on social media. On his X (formerly Twitter) account, Buterin declared a stricter stance on supporting Layer 2 (L2) projects, stating that, starting next year, he
Ethereum (ETH) has slipped into a challenging phase, with its price falling to the $2.2K zone for the first time since late January. This decline comes amid several key developments and market shifts that are adding pressure to cryptocurrency. In recent weeks, Ethereum has struggled to maintain its upward momentum.
Ethereum co-founder Vitalik Buterin has found himself at the centre of speculation after significant Ethereum (ETH) wallet transfers linked to him. Last week, a multi-signature wallet that received 3,800 ETH from Buterin between August 9 and August 30 initiated a selling spree, as reported by SpotOnChain. The wallet sold 760
Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have gained popularity. They offer much-needed scalability for Ethereum by processing transactions off-chain. However, Buterin’s recent announcement suggests he believes the market is overly focused
Vitalik Buterin’s recent exploration into modern computing highlights a key trend: the division of tasks into “business logic” and “expensive work,” managed through a “glue and coprocessor” architecture. This approach revolutionizes various fields, notably cryptography, by enhancing efficiency and modularity. In computing, business logic handles the general, less intensive tasks,
