TLDR: Ethereum’s annual electricity use now stands at 7.87 GWh, down over 99.9% from pre-Merge levels. CCAF audited 8,522 physical nodes, finding a network-weighted average of 105 watts per node. The US, Germany, Finland, and […]
Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited. In a preliminary incident […]
TLDR: Bitcoin ETF inflows reached $90.44 million on July 10, with BlackRock’s IBIT supplying nearly all the fresh capital entering U.S. spot funds. Spot Ethereum ETFs added $18.43 million during the same session, showing that […]
The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native […]
Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure on the domestic currency becomes severe, according to a new […]
Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13.The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support.Floor […]
TLDR Bitmine purchased 52,203 ETH worth approximately $92 million last week. The company’s Ethereum holdings increased to 5.67 million ETH. Bitmine now controls about 4.7% of Ethereum’s circulating supply. The firm said it has completed […]
Zcash’s Ironwood network upgrade, the solution to an “infinity” bug discovered in May on the privacy-focused blockchain’s main private transaction pool, Orchard, is set to go live on July 28. Announced in June, Ironwood closes […]
Key takeaways: War, rising oil prices and Strategy’s Bitcoin sales put extra pressure on BTC’s $60,000 support.Strategy’s Bitcoin sales and fears that a global regulatory crackdown on crypto is being reignited are adding to fragile […]
Key takeaways: BitMine’s aggressive ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses.Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for Ethereum’s base layer. Ether (ETH) price rallied 15% in five […]
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