Arkham Intelligence, a crypto analytics firm, has recently uncovered a surprising trend in the world of decentralized finance (DeFi): millions of dollars worth of cryptocurrencies are languishing unclaimed in various bridge contracts. These funds, belonging to both prominent crypto personalities and lesser-known entities, have been stuck for periods ranging fromContinue Reading

The Telos Foundation has announced a strategic partnership with Ponos Technology, a leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network . The new L2 will feature SNARKtor, a decentralized recursive proof aggregator developed by Telos and IOHK to scaleContinue Reading

Ethereum, the second-largest cryptocurrency by market capitalization, has faced a turbulent period, with its price plummeting to levels not seen in nearly three years against Bitcoin. However, amidst this market volatility, a fascinating trend has emerged – deep-pocketed investors, often referred to as “whales,” have been strategically accumulating Ethereum. TLDRContinue Reading

Ethereum is moving toward a more mature phase of development with a focus on stable and scalable solutions that will enable a broader range of applications, said Ethereum co-creator Vitalik Buterin in his recent blog post. In other words, Buterin wants his Layer-1 (L1) blockchain to completely solve the scalabilityContinue Reading

Established asset management firm Fidelity has submitted an S-1 application for its proposed spot Ethereum exchange-traded fund (ETF), according to a filing with the U.S. Securities and Exchange Commission (SEC). Staking Ethereum has generated headlines in the ongoing legal battle between Coinbase and the SEC. Is An ETH EFT Next?Continue Reading

The Ethereum network has achieved a significant milestone by surpassing one million validators, with approximately 32 million Ether (ETH), worth around $114 billion, staked within the network. This staked ETH represents about 26% of the total supply, highlighting the substantial commitment to Ethereum’s proof-of-stake (PoS) consensus mechanism. TLDR The EthereumContinue Reading

The ongoing debate surrounding the regulatory status of Ethereum (ETH) and the approval of Ethereum exchange-traded funds (ETFs) in the United States has sparked a heated confrontation between prominent figures in the cryptocurrency industry and the Securities and Exchange Commission (SEC). TLDR Miles Jennings, General Counsel at a16z Crypto, criticizesContinue Reading