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Most recently, Ethereum co-founder Vitalik Buterin transferred 300 ETH – worth roughly $493,000 – to Kraken on Tuesday, according to blockchain data noted by security firm PeckShield. While the deposit is rather small, it spurred speculation among crypto watchers given Buterin’s stature for Ethereum. Source
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Binance's staked ether token (BETH) experienced $573 million in deposits across two single days in September, more than quadrupling total value locked to $731 million, DefiLlama data show. Original Source
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Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours. Source
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Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined. Coinbase Global Inc (NASDAQ: COIN) launched its Ethereum-based layer two (L2) network dubbed Base earlier in August. Less than two months later, the layer two network has registered
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The large flow was concentrated in the so-called out-of-the-money (OTM) calls at strike levels well above ether's current market price of $1,633. Whales blocked over 40,000 contracts of ETH December expiry call at $2,200 and nearly 50,000 contracts of October expiry call at $2,000. A block trade is a large
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Phishing attacks trick users into divulging sensitive data, downloading malware, and exposing their private information. Such attacks are extremely common in the crypto industry, as users may fail to check the source of requests on a crypto wallet, or unknowingly download a fake application that mimics the original – one
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Per the Metcalfe law (ML), the value of the network is directly linked and proportional to the square of the number of users it has. Ether enables users to transact on the Ethereum blockchain, earn interest, and participate in network security through staking, store non-fungible tokens and much more. Thus,
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"In August 2022, the Ethereum Foundation warned users that the upcoming Paris upgrade would not reduce gas fees. Subsequently, prices fell, and ether was doomed to underperform bitcoin. But this also hinted towards the next potential catalyst for Ether investors—lower gas fees," Markus Thielen, head of research and strategy at
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The launch comes as staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply. Source
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Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization. Original Source
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