TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company could reach the 5% goal within six weeks at its current pace. BitMine held 5.18 […]
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400. Key takeaways: Accumulation addresses absorbed about $592 million in […]
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined […]
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North […]
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will grow by more than 3x, with a further doubling expected shortly after. ETH mainnet gas […]
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million. “This sale funds […]
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical patterns show that divergences between the ratio and price typically resolve through a downward price […]
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May. Key takeaways: […]
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via LayerZero’s DVN. DeFi […]
Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped […]
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