The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply....Read More
United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from...Read More
Ether’s (ETH) latest price rally and surge past the $3,000 level has been followed by whales on an accumulation spree. A tweet from on-chain analytics platform Lookonchain revealed that ETH whales withdrew over $64 million worth of the crypto asset in the last six days for different purposes, including staking. ETH Whales Withdraw $64.2M According...Read More
Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought to light through a post on X by Cyvers Alerts, a platform dedicated to raising awareness about online threats. Crypto Users Targeted with Real ETH...Read More
A trader has recently managed to make a substantial profit of $59,000 in just 11 hours from an initial investment of 1 Ethereum (ETH), valued at $2,500. The trader managed to do this by leveraging the MINER token based on the ERC-404 token standard and using strategic high-gas transactions. The Trader’s Strategy Lookonchain Analytics shared...Read More
Ethereum’s staking has achieved a significant milestone, with approximately 25% of the entire ETH supply, equivalent to around 30 million coins, now being staked. Meanwhile, the ETH price has seen a 2.8% increase over the past day and is trading at $2,425. Ethereum Staking Soars On February 8, Lido, a prominent liquid staking platform, highlighted...Read More
A trader has reportedly turned an initial investment of five Ethereum (ETH) into an impressive $3.3 million by strategically buying and selling the PORK token. The massive gain was accomplished through a well-timed investment in the recently launched PepeFork (PORK) cryptocurrency, according to analysts by Lookonchain. Trader Invests 5 ETH in PORK The trader initially...Read More
While the price of Bitcoin (BTC) ballooned to a 19-month high this weekend, Ethereum (ETH) has kept apace, surging beyond $2200 for the first time since May 2022. On-chain analysts at CryptoQuant have identified three drivers behind the crypto’s stellar performance over the past month. Ultrasound Money Takes Effect As shared by analyst MAC_D, ETH...Read More
Australian cryptocurrency exchange CoinSpot may have fallen victim to an exploit resulting in the loss of approximately $2 million worth of Ethereum (ETH). Blockchain investigator ZachXBT shed light on the incident through his Telegram channel, raising concerns about the security of the exchange’s hot wallets. ZachXBT Unveils $2 Million CoinSpot Exploit On Nov. 8, ZachXBT...Read More
In a recent revelation, a dormant Ethereum wallet holding $470 million worth of ETH has been linked to Rain Lõhmus, the founder of Estonia-based LHV Bank. However, Lõhmus has lost the private keys to this wallet, and he’s now seeking the help of the crypto community to regain access. LHV Bank Founder Rain Lõhmus Identified...Read More
The Ethereum blockchain validator queue has cleared for the first time since the Shanghai upgrade in May, according to a research report from Coinbase. The drop suggests that investor demand for ether (ETH) staking may stabilize. Validators play a crucial role in verifying transactions on the Ethereum blockchain by committing ether in exchange for rewards....Read More
In a fresh wave of money transfers, the notorious FTX account drainer has caused significant disruption in the crypto community by moving a total of 60,000 ETH from 4 wallet addresses since late September. As per reports, the wallets that just a few days ago held close to 200K ETH now have a balance of...Read More
Updated filings show that former President Donald Trump owns $2.8 million worth of cryptocurrency in his Ethereum wallet – a far higher amount than disclosures from earlier this month appeared to suggest. The disclosures paint a different picture of Trump’s views on crypto than his public pronouncements about the asset class would seem to suggest....Read More
An early user of the Ethereum Name Service (ENS) just reclaimed tens of thousands of Ether (ETH) that he’d locked up in the old ENS registrar over 4 years ago. Having appreciated substantially since that time, the value of those 39,712 ETH is now worth roughly $74 million. Reclaiming Old Funds According to blockchain analysts...Read More
Web3 domain provider Unstoppable Domains is extending support to .eth domains enabling users to purchase via the official website. Unstoppable Domains typically offer domain endings such as .crypto, .blockchain, .nft, etc, while the Ethereum Name Service (ENS) is the only place Ethereum enthusiasts have been able to purchase the .eth domain names. The addition of...Read More
Celsius’ wallets have been quite active amid its ongoing bankruptcy and restructuring process. The beleaguered crypto lender – which remains one of the biggest firms with a staked ETH portfolio – has transferred almost $900 million worth of the crypto asset over the past week. Celsius’ Ether Movement According to data shared by the blockchain...Read More
Ethereum successfully implemented a long-awaited tech upgrade on April 12. Also known as Shapella – this upgrade enabled withdrawals for the first time from the proof-of-stake blockchain. A week later, the amount of staked Ether has now exceeded the number of ETH being withdrawn for the very first time. According to the on-chain analytic platform...Read More
The blockchain security resource PeckShield was the first to inform about the exploit against SushiSwap’s approval contract. According to the firm, all 1,800 ETH (worth about $3.3 million) were drained from a single user – @0xsifu. The “RouterProcessor2” contract in question is used to execute trade routing on the popular decentralized exchange. It seems the...Read More
The hacker behind the largest DeFi exploit of 2023 continues to demonstrate controversial behavior, as this time, they returned the majority of the funds stolen from Euler Finance. In two separate transactions, the perpetrator sent back over $100 million worth of ETH to the protocol. CryptoPotato reported the flash loan attack, which took place earlier...Read More
The co-founder of the world’s second-largest blockchain has made several swaps for some of the alternative coins that were sent to him as gifts over the years. According to data from the on-chain data resource – Lookonchain – Vitalik Buterin has turned over $700,000 worth of different alts into the native coin of his brainchild...Read More
It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war, Chainalysis came up with a report tracking crypto donations to both Russia and Ukraine. The report says Ukraine received nearly $70 million and pro-Russian groups $5.4 million in crypto donations since the war broke...Read More
ConsenSys – the Ethereum infrastructure provider behind Metamask – has announced that the widely used crypto wallet now lets users stake their ETH directly from the app. The network’s public beta allows users to select either Lido or Rocket Pool for staking, through which they can earn yield and receive liquid staked ETH in return. ...Read More
Controversial crypto entrepreneur Jason Falovitch on Sunday reported that hackers breached his crypto wallet on OpenSea and stole four NFTs and six ETH. The value of the stolen assets is estimated to be in the range of $150,000, media reports said. In a similar incident, earlier this month, famous American actor and comedian Bill Muray became a...Read More
Our platform is growing with the launch of Ether (ETH) support. From today, BitMEX users will be able to deposit, withdraw, buy, and convert ETH, Ethereum’s native token. We will also be supporting a growing range of coins and tokens over the coming weeks, so stay tuned. Here’s a deeper look at what you’ll be...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 16th, Ethereum keeps consolidating — the market is clearly gathering powers to go on actively. The altcoin is now trading at 1,793 USD. On D1, ETH/USD renewed the highs again. The MACD histogram remains above zero but is declining gradually, signalling the beginning of a correction....Read More
Ethereum found support at $1700 and rose higher with $2000 as its target. Aave threatened to drop toward $480 in the coming days, and Monero shot past the $200 mark with $220 the next level of resistance for the bulls to test. Ethereum [ETH] Source: ETH/USD on TradingView Ether broke out of an ascending triangle...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum formed an ascending triangle pattern on the charts but faced some resistance at the $1760 mark. While high gas fees are a blow to decentralized exchanges, they could also persuade users to turn...Read More
Ethereum surged past the $1450 level of resistance that held it back over the past few weeks and looked strongly bullish on the charts. Elrond regained some steam to push onward and climb higher while Dash sought to defend an important level of support from short-term selling pressure. Ethereum [ETH] Source: ETH/USD on TradingView Ethereum...Read More
Ethereum [ETH], the second-largest cryptocurrency by market cap, hit a new all-time high earlier today, with the crypto valued at $1,571, at the time of writing. That wasn’t the only notable development in the crypto’s ecosystem, however, since amidst the rising demand for the digital asset, Grayscale revealed that it had added $38 million worth...Read More
Ethereum was consolidating under its all-time high and traders eagerly anticipated a breakout past this final level of resistance. Aave showed bullish momentum and could post further gains past $300, and does not yet hint at a pullback on its rally. Dogecoin sent users into a rapture, apart from those who bought the absolute top....Read More
