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 […]
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 […]
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 […]
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 […]
Ethereum co-founder Vitalik Buterin’s essay explores Ethereum Layer 2 scaling techniques for the smart contract blockchain ecosystem. Co-founder Vitalik Buterin foresees increased complexity in the layer-2 Ethereum ecosystem due to various tech advances. In an update on his blog, the co-founder of the smart contract blockchain opened up about the existing Ethereum scalability landscape where […]
Vitalik Buterin, co-founder of Ethereum, has recently shared his insights on the ever-evolving landscape of Ethereum’s interconnected ecosystem, placing a strong emphasis on the critical aspects of security and scalability within the platform. Different types of layer 2shttps://t.co/ry4VTtWhJ1 — vitalik.eth (@VitalikButerin) October 31, 2023 Ethereum’s Layer 2 Expansion In a detailed article, Buterin sheds light […]
A recent in-depth analysis conducted by VanEck, a highly regarded asset management group, has shed light on the potential future of Solana, an increasingly prominent blockchain platform celebrated for its innovative scalability solutions. Our Solana Valuation by 2030: Base, Bear, Bull Case piece dropped in time for @SolanaConf. 🔗https://t.co/5jijxItZip — VanEck (@vaneck_us) October 27, 2023 […]
Shiba Inu and XRP’s mainstream adoption was substantially boosted after BitPay, the prominent crypto payment gateway, recently joined forces with Banxa, a Canadian payment provider. This collaboration aims to introduce new local payment methods for crypto buyers worldwide, expanding the accessibility of digital assets. Beyond Shiba Inu and XRP, users can now utilize these additional […]
On Oct. 24, blockchain sleuth The Data Nerd revealed on the X social media app that four new whales have acquired substantial amounts of Ethereum on the leading US-based Coinbase exchange. Besides, the Whale Alert crypto tracker has detected a massive ETH chunk withdrawn from the Binance exchange, which moved to an unknown wallet. According […]