Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M OP tokens (worth ~$42.5M currently) The grant includes 5M OP for engineering and 20M OP […]
Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as a harmful “abuse of power.” The company aims to enhance decentralization and evolve into a […]
TLDR Vitalik Buterin announced “The Splurge” roadmap to optimize Ethereum Virtual Machine (EVM) Key features include EVM Object Format (EOF), account abstraction, and transaction fee improvements Ethereum price increased 5.5% to $2,612 following the announcement […]
TLDR: Ethereum is trading around $2,470, with recent 6.2% decline Critical support level identified at $2,400 within ascending channel pattern Whale activity reached six-week high, suggesting increased large investor interest Price projections range from $4,000 […]
TLDR Ethereum whales bought $254m worth of ETH despite rising exchange inflows Large holder inflow nearly doubled over the past week Exchange net flows shifted from outflow to inflow, indicating short-term profit-taking ETH price surpassed […]
TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with ETHSOL ratio at all-time high Institutional investors showing stronger preference for Bitcoin over Ethereum ETFs […]
Grayscale filed to convert its $524M Digital Large Cap Fund into an ETF The fund includes BTC, ETH, Solana, XRP, and Avalanche among its holdings This is Grayscale’s third ETF conversion after its Bitcoin and […]
TLDR: Kraken launched Ethereum restaking via EigenLayer for non-U.S. customers Restaking allows users to earn additional rewards on already staked ETH Kraken subsidiary Staked will act as the validator for restaked ETH Total value locked […]
Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze, but points to $2.7k as key resistance. Ethereum traded to near $2,750 on Monday, […]
TLDR: Vitalik Buterin highlighted centralization risks in Ethereum’s proof-of-stake system Major concerns are block construction centralization and over-staking Proposed solutions include inclusion lists and modifying staking rewards Goals are to maintain decentralization and security as […]
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