Cryptocurrency Analysis and News Portal
Ethereum network’s gas fee skyrocketed to a new multi-month high amid a growing memecoin frenzy. The high transaction fee has swelled Ethereum’s daily revenue multifold compared to Bitcoin (BTC). While Ethereum proponents celebrated the growth in revenue, many others were quick to point out the growing congestion on the network
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EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets. Source
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“A large number of commentators are predicting a season of "LSDeFi" -- products and services built around staked ETH yield,” said Nansen content lead Andrew Thurman. "Agility appears to be one of the first successful examples, and the speed with which it has grown could be a sign there's more
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Societe Generale, a major French banking and financial services firm, is launching an Ethereum-based stablecoin through its dedicated digital asset arm.Societe Generale-Forge (SG-Forge) announced the launch of EUR CoinVertible, the euro-pegged stablecoin targeting institutional clients, on April 20.The EUR CoinVertible stablecoin will be traded under the ticker symbol EURCV. The
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Now that our validator project is concluding, it is also time to say goodbye to Valid Points, which was launched a few years ago to focus exclusively on Ethereum and the wider array of projects connected to it. But don’t worry – the newsletter isn’t going away. Next week Valid
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It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added
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An entity connected to a wallet named “jaredfromsubway.eth” is sandwiching crypto traders, mainly those betting on tokens such as pepe and chad. Source
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Rocket Pool’s recent upgrade gives node operators immediate access to their staking rewards and lowers the barrier of entry to spin up an Ethereum validator, or “minipool,” in the protocol’s parlance. Instead of providing 16 ether (ETH), node operators can supply just eight plus some RPL – Rocket Pool’s governance
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According to Niklas Polk, an analyst at Nansen, validators first send a voluntary message to exit, involving a 25-minute wait. Then these validators join the exit queue, which now sits at 11.7 days. Once they move out of this phase, they are faced with a withdrawal delay of about 27
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Ethereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3 development platform Alchemy. Ethereum users bridged over $635,000 worth of crypto assets to these networks from January to March, an increase of 44% over the fourth
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