Cryptocurrency news - Ethereum
Ethereum price weakens against Bitcoin — Here’s why
Ethereum price stagnates in its ETH and BTC pair as investors’ expectations for a spot ETH ETF dwindle.Ether ETH $3,553 had been rallying since the beginning of the new year but began tapering off in mid-March. The altcoin has trailed Bitcoin BTC $71,230 since Jan. 1, gaining r...
Restaking could introduce ‘hidden risks’ to Ethereum — Coinbase
Ethereum restaking will form a “core part” of the network in the future — but there are still risks that come along with the new yield-bearing mechanism, say Coinbase analysts. Ethereum restaking could form the “bedrock” for a wide range of new decentralized applications on the...
Ethereum client diversity improves, non-Geth clients now account for 34%
While the reduced reliance on Geth is good news, “we can’t declare victory yet,” says Lachlan Feeney, founder and CEO of Ethereum infrastructure firm Labrys. The market share of Geth — a major Ethereum execution client — has fallen from a high of 84% in late January to 66% follo...
Fidelity amends spot Ethereum ETF proposal to include staking
The price of LDO jumped briefly after an updated spot Ether ETF application from Fidelity which proposed to stake “a portion” of the fund’s ETH to generate additional income. Financial services giant Fidelity is seeking permission to stake a portion of the Ether ETH $3,348 held...
Crypto phishers stole $47M last month, impersonators on X to blame
Most victims were lured to phishing websites from comments posted by impersonator accounts on X. Fake accounts on social media platform X were the leading cause for over 57,000 victims of crypto phishing scams in February. In its latest crypto phishing report, Scam Sniffer stat...
Bitcoin approaches $60,000 after 3.7% daily gain
The last time Bitcoin traded at similar levels was in November 2021, before correcting from its all-time high of $68,789. Bitcoin, the world’s first cryptocurrency, rose 3.79% in the 24 hours leading up to 8:20 am UTC, to trade at $58,504, for the first time in two years and thr...
Starknet’s STRK token drops as Nethermind and airdrop hunters dump millions
STRK’s token has fallen by over half since its launch two days ago, as millions of the tokens are sold by airdrop hunters and large token recipients. The two-day-old token for the Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Net...
ETH self-staking key to ‘atomic generational wealth’ — Ethereum dev
Solo Ether staking from home could cost upward of $70,000 but could help make Ethereum more valuable in the long run. Staking Ether (ETH) from home should be the “gold standard for staking,” and families should see it as a tool to create “atomic generational wealth,” notes an Et...
Geth Ethereum network share falls 5% after fears raised of ‘black swan event’
Geth’s concentrated use is a risk as the majority of Ethereum validators could lose their staked Ether if it has a critical bug, claims one Ethereum diversity advocate. Ethereum execution client Geth has seen its market share fall after community members raised concerns over the...
Vitalik Buterin says L2s using Celestia are validiums, not genuine rollups
The Ethereum co-founder has sparked a debate on whether validiums are in the same category as layer 2 rollups. Ethereum co-founder Vitalik Buterin has sparked discussion on how various layer 2 scaling solutions are classified, claiming that the blockchain’s validiums are not gen...