1. Hackers compromised the official MicroStrategy X account, posting malicious links for a fake Ethereum-based MSTR token airdrop. 2. Users fell victim to the scam, resulting in financial losses surpassing $440,000, with loss of $420,000 per individual. 3. Crypto industry experts highlighted the apparent inconsistency of MicroStrategy, focused on Bitcoin. MicroStrategy, has invested over $6 […]
1. A significant crypto whale stakes $45.5 million in Ethereum, indicating strong confidence in the cryptocurrency’s future. 2. Prominent whale wallets, including 0x8B9 and 0xBa7, execute large withdrawals and stakes, contributing to Ethereum’s notable surge. 3. Ethereum’s value rises by 35% in a month, reaching $3,100, with market bulls eyeing a new resistance level at […]
Popular social community platform Reddit has filed for an initial public offering (IPO), as indicated by a Thursday Securities and Exchange Commission (SEC) filing. Firstly, the filing discloses Reddit’s strategic move to invest in Bitcoin (BTC) and Ethereum (ETH) as part of its balance sheet diversification. Cryptocurrency Investments In the IPO filing, Reddit acknowledges allocating excess cash […]
A prominent crypto whale, identified as 0x7a9 by blockchain analytics firm Spot On Chain. It has acquired a staggering $185.5 million worth of Ethereum (ETH) over the past three days. This substantial accumulation of ETH has fueled discussions about its potential impact on Ethereum’s price trajectory and overall market sentiment. Strategic Acquisition Details The crypto whale’s buying spree involved […]
Popular Ethereum-based self-custody crypto wallet, MetaMask, has introduced enhanced security alerts for its 30 million users across major blockchains. The alert feature, initially integrated with the Ethereum mainnet in January 2024, now covers Linea, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Avalanche. Rapid User Growth and Mainstream Partnerships MetaMask has experienced significant user growth, surging from 19 […]
Ethereum co-founder Vitalik Buterin has expressed interest in using artificial intelligence (AI) to address one of the network’s biggest challenges: bugs in code. “Right now Ethereum’s biggest technical risk probably is bugs in code,” he said on Twitter. “And anything that could significantly change the game on that would be amazing,” Vitalik Buterin AI-assisted code verification Buterin believes […]
Ethereum’s 2024 is shaping up to be a landmark year, fueled by expanding developer tools, potential regulatory tailwinds, and a key network upgrade. The potential approval of a US-based Ether (ETH) spot exchange-traded fund (ETF) at a value of $2,921 is on the horizon. Additionally, the Ethereum network is expected to enter its first bull […]
Franklin Templeton has submitted an S-1 registration statement for the “Franklin Ethereum ETF,” aimed at tracking the price of ether. This move follows similar filings from other major players like Ark Invest, 21Shares, Grayscale Investments, and BlackRock, reflecting the growing institutional interest in cryptocurrency and the potential of ETFs for easy access. The fund may […]
GoDaddy partners with Ethereum Name Service (ENS) to connect traditional domain names with blockchain-based ENS names.
Ethereum co-founder Vitalik Buterin has put forward a proposal to alleviate the load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus mechanism. On December 28, Buterin suggested a method to decrease the number of signatures required from validators to maintain the network, ultimately reducing the overall load. Ethereum supports a large number of validators, approximately […]