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BlackRock’s BUIDL surpasses $2.1 AUM on Ethereum, as risk-off sentiment rises

BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of…

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Vitalik Buterin responds to security concerns over new Pectra upgrade

Ethereum co-founder Vitalik Buterin reminds users to rely on contracts that have been reviewed by trusted wallet teams amidst security concerns about the latest upgrade. In a recent post shared on the decentralized social media platform Warpcast, Buterin responded to the Ethereum (ETH) community’s concerns regarding the protocol’s latest upgrade, EIP-7702. One user shared a…

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Is a multi-year consolidation ahead?

Ethereum has slipped back into a familiar range that previously capped price action for nearly two years. With key support levels now under pressure, the market faces a critical moment that could define Ethereum’s (ETH) direction for the months—or even years—ahead. The second largest crypto by market cap has fallen back into its previous 2022…

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