Ethereum

CF Benchmarks Announces Ethereum Staking Rewards Update
Ethereum

CF Benchmarks Announces Ethereum Staking Rewards Update

Dear Reader, CF Benchmarks launched the CF Ethereum Staking Reward Rate (ETH_SRR) in response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate. The inaugural CF Staking Series benchmark aims to precisely measure the economic incentive structures linked to Ethereum’s Proof of Stake (PoS) blockchain. Furthermore, Ethereum staking rewards […]

Nov. 29, 2023
Binance Shakes by Delisting BTC and ETH Pairs Amid Regulatory Heat
Bitcoin

Binance Shakes by Delisting BTC and ETH Pairs Amid Regulatory Heat

Recent moves by the largest cryptocurrency exchange, Binance, to remove several bitcoin-Ethereum pairings have caused a stir as they are under more regulatory scrutiny. The move is meant to address legal obstacles that have been affecting the digital assets industry with effect from Nov. 28. Binance announced the delisting of Bitcoin and Ethereum cross-margin and […]

Nov. 24, 2023
KyberSwap DEX Suffers $46M Exploit, Hackers Suggest Negotiations
Blockchain

KyberSwap DEX Suffers $46M Exploit, Hackers Suggest Negotiations

KyberSwap, a decentralized exchange (DEX), has fallen victim to a significant exploit, resulting in the loss of approximately $46 million in various crypto assets. The incident, which raised concerns among users about the security of their assets, was reported by Kyber Network on Nov. 23. The team said the attack targeted KyberSwap Elastic, its auto […]

Nov. 23, 2023
Fantom Foundation Rewards $1.7M to Foil $170M Drain
Ethereum

Fantom Foundation Rewards $1.7M to Foil $170M Drain

After Fantom was hacke­d in October, their loss was $550,000. Yet, a se­curity investigator revealed the hacker could have taken up to $170 million. Post-hack, the non-profit Fantom Foundation made the Fantom blockchain platform safe­r. They sorted a big flaw following the Octobe­r hack, which cost them $550,000. On the 17th of Octobe­r, it experienced […]

Nov. 21, 2023
Bitcoin Flips Ethereum in Fees Amid Ordinals Revival
Bitcoin

Bitcoin Flips Ethereum in Fees Amid Ordinals Revival

Bitcoin transaction costs have jumpe­d higher than Ethereum’s due­ to a revived intere­st in Ordinals-coded properties. Daily fe­es for Bitcoin transactions have surpassed those­ of Ethereum due to an uptick of Ordinals-linke­d hustle on the Bitcoin network. As of November 20, the­ ordinary daily fee for a Bitcoin transaction was pinned at $10.34. In contrast, […]

Nov. 21, 2023
Ethereum Faces Speculation as Hashkey’s $90M Sell-off

Ethereum Faces Speculation as Hashkey’s $90M Sell-off

A Hong Kong-based crypto exchange, Hashkey, witnessed a massive sell-off of over $90 million worth of Ethereum in the last 10 days. The wallet linked to Hashkey sold 50,115 ETH on Binance and OKX exchanges at an average price of $2,047, withdrawing $89.6 million and $12.95 million. This selling activity led to a 4% dip […]

Nov. 19, 2023
Ethereum’s Rollups: Gold Standard, Plasma Revisit Needed — Buterin
Ethereum

Ethereum’s Rollups: Gold Standard, Plasma Revisit Needed — Buterin

Buterin, co-founde­r of Ethereum, stated that te­ams currently engaged in ze­ro-knowledge Ethere­um Virtual Machines (ZK EVMs) should consider Plasma again. Once, Plasma held a strong position as an Ethereum layer-2 growth solution. Buterin emphasized that although rollups remain the ‘gold standard,’ Plasma represents an ‘underrated design space’ one should pay attention to. “Plasma can be […]

Nov. 15, 2023
LHV Bank Co-Founder Has $470M Worth Of Ethereum, But Lost His Private Key
Ethereum

LHV Bank Co-Founder Has $470M Worth Of Ethereum, But Lost His Private Key

Rain Lõhmus, the co-founder of Estonia-based LHV Bank, has been identified as the owner of an Ethereum wallet containing 250,000 ETH purchased during an initial coin offering (ICO). Currently, the holding is valued at an impressive $470 million. Unfortunately, he lost the keys and can’t access it. Inactive Ethereum Wallet With 250K ETH Leaves Investors […]

Nov. 8, 2023
Zero-Knowledge Sharding in Latest Ethereum Rollup
Ethereum

Zero-Knowledge Sharding in Latest Ethereum Rollup

Builders of Ethereum scaling solutions known as =nil; Foundation has launched zkSharding for Ethereum. This infrastructure approach aims to improve transaction speeds without compromising the economic security of Ethereum. Unlike similar scaling methods, Sharding secures the Ethere­um network into assorted segme­nts. This facilitates transactions in a less costly and more e­ffective way. With the use­ […]

Nov. 8, 2023