Ethereum Hits New Highs as Transaction Fees Soar: What Does the Dencun Update Bring?
TL;DR Ethereum (ETH) experiences a 60% increase in the last month, reaching close to $4,000. Transaction fees on the Ethereum network increase due to congestion,...
ethereum
The Launch of Blast: Expectations, Controversies, and Challenges in the Layer 2 Network
TL;DR Blast, a new layer 2 network, generated expectations and controversy with its promise of native Ethereum performance. Despite accumulating $2.3 billion in deposits since...
Justin Sun Allegedly Acquires $487 Million of Ethereum in Two Weeks
TL;DR A wallet suspected of belonging to Justin Sun has purchased $487 million worth of Ethereum in just two weeks. Mass acquisitions of ETH have...
Whale Alert: Justin Sun Potentially Behind Buying $161 Million in Ethereum?
TL;DR A wallet with alleged ties to Justin Sun acquires $161 million in Ethereum in a span of 32 hours. Coordinated transactions between the TWGHNc...
SEC Under Scrutiny for Conflict of Interest
TL;DR The SEC is under public scrutiny due to an ongoing investigation into an alleged conflict of interest with William Hinman, a former high-ranking official...
The Unstoppable Growth of Immutable in the Crypto World
TL;DR Immutable, an Ethereum Layer 2 focused on GameFi and NFTs, reaches new highs in TVL and IMX prices. Immutable zkEVM, a new gaming rollup...
DeFi TVL Hits $60 Billion as Restaking Gains Momentum
TL;DR DeFi TVL reaches $60 billion as the crypto market rallies and liquid staking and restaking innovations attract more users. Lido Finance dominates liquid staking with 37%...
Concern Among Investors: Ethereum Version of Dogwifhat Generated Millions for Alleged ‘Insiders’
TL;DR The Ethereum version of the memecoin “dogwifhat” experienced high volatility over the weekend, generating gains for some and concerns for others. Over a dozen...
Ethereum Sleeping Whale Resurfaces After 8 Years: Market Impact and Speculation
TL;DR Unexpected Resurgence: An Ethereum wallet dormant for 8 years transferred 100 ETH ($230,159), marking its first activity since 2015. Trend Revives: Dormant wallets, like...
Friendtech Ignores Detection of Bug Leading Traders to Overpay
TL;DR A bug was discovered in Friendtech’s user interface, causing traders to overpay for ‘keys’ in the blockchain-based social media application. The issue originated from...