Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast...
Ethereum News
VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024...
BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
Matter Labs Withdraws “ZK” Trademark Application Amid Industry Backlash
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The...
Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to...
Vanguard Reaffirms Stance Against Spot Ethereum ETFs Despite SEC Approval
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of...
Hashdex has withdrawn its Ethereum ETF application
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures...
Michael Saylor Endorses Ethereum ETFs as Beneficial for Bitcoin
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum...
The Wait Is Over: SEC Greenlights Spot Ethereum ETFs, Buckle Up Because Crypto is Winning
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds...
Here’s why Ondo Finance (ONDO) price is soaring
Ondo Finance (ONDO) price surges to a new all-time high above $1.15. The Ondo price surge is driven by SEC...
Metis Integrates Alchemy Pay’s Solution for Seamless Fiat-Crypto Payments
Alchemy Pay, a Singapore-based payment gateway connecting crypto with traditional fiat currencies, has announced a partnership with Metis, an Ethereum...
Standard Chartered anticipates spot Ethereum ETFs approval this week
Standard Chartered expects SEC approval of Ethereum ETFs this week. The bank predicted inflows of $15-45 billion that could drive...
Altseason on the Horizon? Ethereum (ETH) Breakout & What It Means for the Crypto Market
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently experienced a notable price rally, surpassing the $3,000 mark. This...
Ethereum (ETH) Path to $10K: Coinbase & Analysts are Bullish
Ethereum (ETH), the second largest cryptocurrency, has seen mixed performance lately but it may be gearing up for a major...
MIT Brothers Arrested for Alleged $25M Ethereum Blockchain Manipulation
In an unprecedented case, two brothers who studied math and computer science at the prestigious Massachusetts Institute of Technology (MIT)...
Dencun is Destroying Ethereum’s “Ultrasound Money” – CryptoQuant
Dencun, Ethereum’s major upgrade in mid-March, while promising to enhance the network’s scalability, is showing a nasty side effect. According...
Eclipse CEO Neel Somani Addresses Sexual Misconduct Allegations, Steps Back from Public Role
Eclipse founder and CEO Neel Somani has announced that he will be temporarily reducing his role as the public face...
Ethereum Under Attack: SEC “Protecting Financial Landscape” Consensys CEO Slams SEC’s Crypto Crackdown
Ethereum co-founder and Consensys CEO Joseph Lubin has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling...
Ethena’s USDe Gains Traction with Bybit Integration, ENA Token Surges
Ethena, a decentralized finance (DeFi) protocol built on the Ethereum network, has been making waves in the crypto space with...
EigenLayer Announces Native Token EIGEN Launch in May
EigenLayer, the restaking protocol that has garnered significant attention and $16 billion worth of staked ether, has unveiled its plan...
Friend.Tech’s FRIEND Token Rollercoaster: From $169 to $2.5 in Hours
Friend.Tech, a decentralized social platform built on Coinbase’s Ethereum-based layer-2 blockchain Base, launched version 2 of its platform on Friday,...
Eigenlayer’s EIGEN Token Airdrop Sparks Controversy Among Users
Eigenlayer, the pioneering Ethereum restaking protocol, has found itself at the center of controversy following the announcement of its EIGEN...
