Ethereum

According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 million ETH have been staked on the Ethereum proof of stake beacon chain, as indicated by Glassnode on-chain data.   The 16 million ETH figure

The Ethereum-Polygon ERC-20 bridge is the most active, data on January 23 reveals. Polygon-Ethereum Bridge Dominant As of January 23, there were $2.18 billion of assets locked in the Ethereum-Polygon ERC-20 Bridge, almost twice the value of assets locked between the Ethereum and Arbitrum bridge which, at the time of writing, stood at $1.36 billion. Another

Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too. He

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the

This week, NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens  and Web3 as a whole.  Weinraub believes that the act of play is “not restricted to children” and that as adults, “we still crave the element of play throughout life.”

Flashbots is seeking to raise $50 million with a $1 billion pre-money valuation, according to The Block, citing sources aware of the deal. Pitch To Flashbots For A Chance to Invest As they look to crowdfund, it has been revealed that Flashbots is doing a “reverse pitching” where interested investors have to pitch, not the other way

If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap. On-chain foreign exchange (FX) is a new model of global value exchange that offers

Based on the year-to-date performance and their drawdown from their all-time highs (ATHs), Bitcoin (BTC) and Ethereum (ETH) have performed very similarly. While BTC has risen by 25.5% since the beginning of the year, ETH has climbed by about 27%. From its ATH, Bitcoin has declined by 69.9%, while Ether is down by 68.9%. Despite

Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake decentralization — a move that the company said would promote innovation around Ether (ETH) staking technologies.  The ecosystem fund, valued at $50 million, will support projects building applications using distributed validator technology, or DVT, the company announced on Jan. 17. The

Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in daily active users which has translated into a growth in fees for the respective ecosystems. According to

Ethereum’s native token, Ether (ETH), could grow by 35% versus Bitcoin (BTC) this year to hit 0.1 BTC for the first time since 2018 as it forms a classic bullish continuation pattern. Ethereum price must first break key resistance Dubbed an ascending triangle, the pattern forms when the price fluctuates inside a range defined by rising

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the

With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards. However, the prerequisite was that a minimum of 32 ETH had to be staked and could not be

The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price.  This comes after several contributory factors play a role in the

Bitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization have always been pitted against each other. With the start of the new year, the first debate has surfaced comparing BTC’s capped supply of 21 million and ETH’s deflationary supply and which of the two qualifies as more sound money. An Ethereum-focused Twitter

Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk rollups) technology ahead of full integration with its mainnet. The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already confirmed that zero-knowledge proofs

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem started 2023 on a bullish note, similar to the broader cryptocurrency market. However, the bullish start to the year didn’t diminish the damage caused by vulnerabilities

In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs. On this week’s episode of NFT Steez, hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. 

MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool courtesy of a new integration unveiled by ConsenSys.  MetaMask Staking will unlock the ability for users to stake Ether (ETH) through the Lido and Rocket Pool protocols, touting the service to improve the security and decentralization of the Ethereum

At its current price of $1,408, investors and traders are hopeful that the market bottom is finally here for Ethereum. Analysts are observing that Ethereum is at its key resistance level, poised for a breakout as the Consumer Price Index (CPI) data was released Thursday. This rally by Ether – which is up 13% in