Cryptocurrency news - Ethereum
Ethereum co-founder Vitalik Buterin calls for 33% increase in gas limit
During an AMA on Reddit, Vitalik Buterin suggested raising the Ethereum gas limit to 40 million to improve network throughput. Ethereum co-founder Vitalik Buterin has advocated for a “modest” gas limit increase to potentially improve network throughput. During a Reddit ask-me-a...
Immutable launches ‘Passport’ wallet infrastructure with Google or Apple login
The Web3 game publisher launched a new login method for five games and apps that does not require users to store seed words.Web3 game publisher Immutable has launched its new wallet infrastructure, called “Immutable Passport,” according to a Dec. 19 announcement. The new login me...
Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars. Bitcoin is poised to record a new all-time high of $80,000 in 2024, the same year stablecoins are set...
Ethereum’s rollups are ‘gold standard’ but Plasma needs a revisit — Buterin
Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums. Plasma, a once-prominent Ethereum layer-2 scaling solution, should be revisited by teams currently working on zero-kn...
VC Roundup: Private accounts, tokenization and healthcare infrastructure grab investor attention
Nocturne, Untangled Finance, Account Labs, Rymedi and Waterfall network secure venture capital funding in the latest funding blitz. Blockchain-based startups continue to attract funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October...
Polygon launches POL token contract on Ethereum to eventually replace MATIC
The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future. Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an Oct. 25 announcement. The new token is intended to replace the...
Lido Finance discloses 20 slashing events due to validator config issues
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline. Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from valida...
Ethereum futures ETFs garner lukewarm reception on first day of trading
Day one trading volume across all nine products stood at less than $2 million. The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison. On Oct. 2,...
Grayscale officially abandons post-Merge PoW Ethereum tokens
One year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens. Major cryptocurrency investment firm Grayscale has finally mad the decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethe...
Ether ETFs pending — Grayscale, VanEck and others file SEC applications
A handful of United States asset managers have filed fresh applications to launch ETH futures ETFs. Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether ETH $1,851 futures exchange-traded funds (ETF) to United States c...