Ethereum is gearing up for two major upgrades, Pectra and Fusaka. However, these upgrades don’t address underlying concerns with its tokenomics. Ethereum (ETH) is set to roll out two major upgrades this year, Pectra and Fusaka. However, these upgrades come at a time when Ethereum is under constant threat, a research report by Binance, released…
Maple Finance reached a major milestone, largely due to significant growth in its yield-bearing stablecoin. Maple Finance (SYRUP) has seen significant growth over the past month, which boosted the token’s value. On Wednesday, April 16, SYRUP was up 25%, reaching a daily high of $0.1419, before stabilizing at $0.131. The catalyst for the price was…
Ethereum’s pressure continues to deepen as three major investment firms move over $40 million worth of ETH to exchanges within 24 hours. According to data shared by on-chain analyst The Data Nerd on Apr. 16, within the last 24 hours, Polychain Capital deposited 5,700 Ethereum (ETH), worth around $9.2 million, to centralized exchanges. Galaxy Digital…
XYO, one of the oldest decentralized physical infrastructure network projects, announced the launch of a public beta of its own Layer 1 blockchain. XYO is transitioning away from the Ethereum (ETH) Layer 2 ecosystem, where it previously operated, to a purpose-built Layer 1 blockchain designed to improve the network’s ability to handle large volumes of…
Amid the rise of AI and surveillance technologies, Ethereum’s co-founder Vitalik Buterin advocates for enhanced privacy measures to ensure decentralization remains intact. The world’s changing at a dizzying pace. Artificial intelligence is advancing faster than most of us can keep up with, reshaping nearly every aspect of life as we know it. Along with this…
Despite Ethereum’s continued struggle to maintain the $1,600 price level, several altcoins posted triple-digit gains. Wayfinder (PROMPT), Magic Internet Money (MIM), and Bitcoin Wizards (WZRD) are leading the charge in the past 24 hours. Wayfinder has risen by 179.2% in the last 24 hours and trades at $0.5043 from a low of $0.1798. The token…
XRP price has lost momentum this year despite benefiting from notable headlines like the end of the SEC case. Ripple (XRP) was trading at $2 on Friday, down 41% from its highest point this year, dragging its market cap from $190 billion to $118 billion. Still, there are rising odds that XRP will overtake Ethereum…
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…
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…
Vitalik Buterin has shared a new proposal aimed at improving user privacy on Ethereum without making big changes to the network itself. In an Apr.11 post on the Ethereum Magicians forum, the Ethereum (ETH) co-founder explained how wallets and developers could take small but meaningful steps to protect users without waiting for long-term upgrades to…
