Cryptocurrency news - Ethereum
Coinbase CEO hints its new layer-2 network could include AML measures
Brian Armstrong said centralized firms have a responsibility to monitor transactions and carry out Anti-Money Laundering checks. Coinbase CEO Brian Armstrong has hinted that the firm’s new layer-2 blockchain network Base may be subjected to transaction monitoring and Anti-Money...
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 202...
Lido launches layer-2 Ethereum staking and LDO rewards
One of the biggest Merge staking providers, Lido Finance has launched on two layer-2 networks Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas fees. The plan to expand to L2 was first unveiled in July when the te...
Interest in Ethereum Name Service reaching ‘critical mass’
The Ethereum Name Service is having its best month on record for new registrations, account renewals, and revenue thanks to community awareness and low gas fees. Lead developer at Ethereum Name Service (ENS) Nick Johnson tweeted on May 23 the metrics for the Web3 domain...
Ethereum dominates among developers but competitors growing faster
The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research...
3 reasons why Ethereum price can drop below $3K by the end of 2021
Ethereum's native token Ether (ETH) reached an all-time high around $4,867 earlier in November, only to plunge by nearly 20% a month later on rising profit-taking sentiment. And now, as the ETH price holds $4,000 as a key support level, risks of further selloffs are emer...
Ethereum privacy protocol Tornado Cash to launch on L2 Arbitrum
Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum. Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community t...
SFC re-evaluates crypto ETFs laws
Hong Kong's Securities and Futures Commission, or SFC, is investigating legislation governing virtual currency transactions, including whether people can participate in exchange-traded funds or ETFs. According to a South China Morning News report published on Wednesday, the...
Ethereum Hashrate Reaches New ATH
According to a recent Bitcoin Foundation poll, the most widely utilized chain in the industry is still Ether (NFT). The level of the fees that attract miners from all around the globe closely correlates with the popularity of the Ether network. Even though the EIP-1559 upgra...
Ethereum ETF is coming soon, according to option traders
Data show that there is an increasing demand for long-dated, out-of-the-money (OTM) call options on ether. Some predict that an ether-based exchange-traded fund (ETF) will follow the introduction of the first Bitcoin futures-based ETF in the United States. A significant amou...