ETHEREUM
What is Ethereum?
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
Ethereum's ACDE 171 Paves Way for Devnet Launches and Private ETH Transfers
The Ethereum developer community discussed various updates in the 171st ACDE meeting held on September 28, 2023. Key topics included the launch of Dencun devnets, EIP-4788 contract bytecode audits, the re-launch of Holesky, a new proposal for private ETH transfers (EIP-7503), and a small amendment to EIP-6780 concerning the SELFDESTRUCT operation. These discussions indicate a proactive approach towards enhancing Ethereum's network ahead of the next ACDE meeting on October 12.
VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030
VanEck Research revises #Ethereum price target to $11.8k by 2030 following a recent hard fork. The new valuation considers revenues from transaction fees, MEV, and an emerging "Security as a Service" model.
Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan
The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives.
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.
Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies
Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.
Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Bitwise Asset Management to launch two first-of-its-kind Ethereum Futures ETFs, AETH and BTOP, on October 2. The ETFs offer exposure to CME Ether futures in a regulated format.
VanEck Announces Launch of Ethereum Futures ETF (EFUT)
VanEck announces the launch of VanEck Ethereum Strategy ETF (EFUT), targeting Ethereum futures contracts for capital appreciation. EFUT, listed on CBOE, complements VanEck's Bitcoin ETF (XBTF) with a tax-efficient structure.
Metis Proposes Migration to Ethereum Mainnet for Enhanced Data Availability
Metis, an Ethereum Layer 2 network, has proposed migrating its data availability back to the Ethereum mainnet. The move aims to simplify the launch of a decentralized sequencer pool and enhance data availability. The proposal is open for community feedback and will be subject to a Snapshot vote.
Rated Labs Secures $12.888 Million in Series A Funding
Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its existing product line.
Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report
The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, exceeding the combined losses of the first two quarters. The report also highlights the increasing threat posed by North Korea's Lazarus group.