Ethereum Layer-2 Networks Process Record 12.4 Million Daily Transactions
TLDR Ethereum’s layer-2 scaling ecosystem reached a new daily transaction all-time high of 12.42 million on August 12, 2024. The...
Ethereum
Grayscale’s ETHE ETF Stops Bleeding After $2.3 Billion in Ether Outflows Since Launch
TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2...
Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem
TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions...
Tornado Cash Dev Pertsev Needs Money For Legal Fight
Alexey Pertsev, the co-founder and developer of Tornado Cash, a popular decentralized cryptocurrency mixing service, is seeking an additional $750,000...
Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer
TLDR An unknown crypto user accidentally spent $90,000 in gas fees to transfer $2,200 worth of Ether (ETH). The user...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Ethereum (ETH) Price Shows Signs of Recovery: Analysts Eye Potential 100% Rally
TLDR Ethereum’s price has started a recovery wave, rising above $2,350 after dropping to a low of $1,910. Technical indicators...
BlackRock’s Ethereum ETF Surpasses $850M in Inflows Within Two Weeks
TLDR BlackRock’s iShares Ethereum Trust (ETHA) has accumulated nearly $900 million in inflows since its launch on July 23, 2024....
Vitalik Buterin Unveils Roadmap for Ethereum Layer-2 Interoperability
TLDR Vitalik Buterin has outlined a plan for cross-chain interoperability between Ethereum layer-2 networks The plan includes several Ethereum Improvement...
Ethereum (ETH) Price Battles Resistance: Is a Breakout Coming Soon?
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since...
Compound Finance Faces Controversy Over $24 Million Proposal
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal...
Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
Ethereum Price Dips Following ETF Launch and Market Pressures
TLDR Ethereum (ETH) price dropped over 7.5%, trading above $3100. Grayscale’s Ethereum Trust ETF (ETHE) experienced significant outflows of over...
Crypto Market Dips as Global Stocks Decline
TLDR Bitcoin price dropped from $65,500 to around $64,000 in early Asian trading hours. Over $250 million in bullish bets...
$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
