Ethereum

TLDR: Ethereum (ETH) price is underperforming compared to the broader crypto market ETH price dropped 5.2% between Sept. 3-4, facing resistance at $2,550 Factors include declining network fees, weak spot ETF demand, and low staking […]

TLDR: Ethereum Foundation’s annual budget increased from $41 million in 2021 to $100 million in 2024 Vitalik Buterin disclosed his annual salary of ~$140,000 from the Ethereum Foundation The Foundation moved $94 million worth of […]

TLDR: Sony launched Soneium Minato testnet for its new Ethereum Layer 2 blockchain Soneium Spark incubator program announced to support developers Up to $100,000 investment available for eligible projects Testnet allows developers to explore the […]

TLDR: Ethereum Foundation transferred 35,000 ETH (~$96.9 million) to Kraken exchange Transfer sparked criticism over lack of transparency Foundation says it’s part of normal treasury management for $100M annual budget Some community members questioned Foundation’s […]

TLDR: Sony Group and Startale unveil Soneium blockchain, an Ethereum layer-2 network Soneium aims to bridge Web3 innovation with mainstream consumer applications Built on Optimism’s Superchain, partnering with major Web3 companies Testnet launching soon, with […]

TLDR An unknown crypto user accidentally spent $90,000 in gas fees to transfer $2,200 worth of Ether (ETH). The user spent 34.26 ETH in gas fees (worth $89,200) to transfer 0.87 ETH (worth $2,262). Current […]

TLDR Ethereum’s price has dropped below $3,000 since early August, currently trading around $2,679. Ethereum gas fees hit a record low of 1.06 Gwei on Saturday, leading to less ETH being burned. Ethereum’s total supply […]

TLDR Ethereum’s layer-2 scaling ecosystem reached a new daily transaction all-time high of 12.42 million on August 12, 2024. The Coinbase L2 blockchain Base has been a major driver of this growth, with transactions surging […]

TLDR Jump Trading moved 17,049 ETH (worth $46.44 million) from Lido, possibly for sale This transfer raised fears of a potential ETH sell-off and market manipulation Jump Trading still holds over $68 million worth of […]

According to separate notices, the Nasdaq and NYSE, the leading American stock exchanges, have quit their bid to list and trade options on spot Bitcoin and Ethereum exchange-traded funds (ETFs). The NYSE pulled back its […]