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 Liquid Restaking Drives DeFi TVL to $100B in Q1 2024
DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.
Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum
Scroll has unveiled Scroll Sessions, a groundbreaking native zkEVM Layer 2 solution for Ethereum that aims to enhance scalability and reduce transaction costs. This article provides an overview of Scroll Sessions and its potential impact on the Ethereum ecosystem.
CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion
CoinGecko's recently released 2024 Q1 Crypto Industry Report reveals significant growth in the cryptocurrency market, with the total market cap reaching $2.9 trillion. The report covers various aspects, including the performance of Bitcoin and Ethereum, the rise of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and the performance of centralized and decentralized exchanges.
Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience
Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns.
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.
VanEck CEO Predicts SEC Rejection of Spot Ethereum ETF Application in May
VanEck CEO Jan van Eck and CoinShares CEO Jean-Marie Mognetti are pessimistic about the approval of a spot Ethereum ETF by the U.S. Securities and Exchange Commission due to the regulatory climate and lack of feedback.
EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion
EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.
Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.
Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits
Aave plans to enable a "fee switch" that will distribute transaction fees, estimated at $60 million annually, to Aave token holders.
NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
NYSE Arca proposes rule change for Bitwise Ethereum ETF listing and trading under Rule 8.201-E, allowing exposure to ether value and establishing Net Asset Value.