Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates. The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said. The team announced its mainnet alpha at the EthCC in Paris today. The mainnet also launched along with a $200 million ecosystem fund to support native projects after developers worked on the network for over six months. Mantle, a layer […]

Crypto Whale From ICO Era Moves $116 Million In Ether To Kraken-Linked Wallet
https://en.ethereumworldnews.com/crypto-whale-ethereum-ico-ether-kraken/

This crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while prices have since climbed to $1900 at press time and previously peaked at $4,878 in November 2021. A crypto whale wallet transferred 61,216 Ether tokens received […]

Santiment Explains Why Ethereum Could Soon Return Above $2,000
https://bitcoinist.com/santiment-explains-why-ethereum-return-above-2000/

The on-chain analytics firm Santiment has explained that Ethereum’s underlying metrics may suggest that a return above $2,000 could soon happen. Can Ethereum Surge Back Above $2,000 Anytime Soon? In its latest insight post, the on-chain analytics firm Santiment has looked into the various indicators of the asset to see what the near future outcome […]

Week in Ethereum News July 22, 2023

https://weekinethereumnews.com/week-in-ethereum-news-july-22-2023/

TVL Of Coinbase-Backed Base, A Layer-2 Scaling Solution, Rockets 53%
https://bitcoinist.com/tvl-of-coinbase-base-layer-2-scaling-solution-53/

According to data from L2Beat, the total value locked (TVL) of Base, a layer-2 scaling solution for Ethereum utilizing optimistic rollups, is up 53%. As of the latest figures, the TVL stands at $952,000 as various assets, mainly Ethereum (ETH), are tied up in the layer-2 protocol. Base Rapidly Growing The platform’s rising popularity among […]

CME Group: Ethereum To Outperform Bitcoin After Halving?
https://bitcoinist.com/cme-group-ethereum-bitcoin-halving/

The Chicago Mercantile Exchange (CME) Group, which operates a derivatives marketplace, published a report on July 26 discussing the potential dynamics between Bitcoin and Ethereum in the context of the upcoming 2024 halving event. According to the report’s author, Erik Norland, who serves as CME Group’s senior economist, Ethereum might outperform Bitcoin even if BTC rallies […]

Week in Ethereum News July 29, 2023

https://weekinethereumnews.com/week-in-ethereum-news-july-29-2023/

Eight Years of Ethereum: A Walk Down Memory Chain
https://bitcoinist.com/eight-years-of-ethereum-a-walk-down-memory-chain/

In July 2015, the Ethereum blockchain was launched by Vitalik Buterin and his team of co-founders. With its native cryptocurrency Ether (ETH) and smart contract functionality, Ethereum aimed to become a decentralized world computer that could execute peer-to-peer agreements and applications. Over the past eight years, Ethereum has cemented itself as the leading smart contract […]

Ethereum MEV Bots See One Of The Most Profitable Days Due To Exploit
https://bitcoinist.com/ethereum-mev-bots-profitable-days/

Ethereum MEV Bots have recorded one of their most profitable days due to the Curve Finance exploit. Ethereum’s core developer Eric Connor made this revelation in a couple of tweets on the X platform.  Today has produced some of the largest MEV reward blocks in Ethereum’s history. Slot 6,992,273: 584 ETH Slot 6,993,342: 345 ETH […]

BALD: A tale of the meme coin’s 24 hours period of glory
https://en.ethereumworldnews.com/bald-a-tale-of-the-meme-coins-24-hours-period-of-glory/

During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted. Coinbase’s Layer 2 platform Base experienced a surge in user activity on 30 July as daily traders flocked to the OP-Stack-based platform to trade the newly-launched meme coin Bald (BALD).  Although Base remained in testnet and […]

Ethereum Network-Related Metrics Light Up, Optimistic Sign For August?
https://bitcoinist.com/ethereum-network-metrics-light-up-optimistic-august/

On-chain data shows that Ethereum network-related indicators have turned green, something that could be constructive for the asset this month. Ethereum Active Addresses & Network Growth Have Registered A Rise According to data from the on-chain analytics firm Santiment, ETH has closed the month of July seeing positive developments in its underlying metrics. There are […]

KZG Ceremony Special Contributions
https://blog.ethereum.org/en/2023/08/02/kzg-special-contributions

The Special Contribution Period for the KZG Ceremony ran 01-16 April 2023. This allowed participants to contribute in ways that may not have been possible in the Open Contribution period. While the Ceremony only needs a single honest participant to provide a secure output, Special Contributions provide additional assurances...

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications
https://en.ethereumworldnews.com/sec-to-consider-ethereum-futures-etfs/

The Securities and Exchange Commission is reportedly ready to consider the Ethereum Futures ETFs filed by several funds over the past week. The regulator previously asked funds to withdraw similar Ether Futures ETF applications.