In a recent video, crypto analyst Benjamin Cowen expressed a bearish outlook on Ethereum (ETH), the leading smart contract platform by market capitalization. Cowen predicts a significant decline in Ethereum’s price by the end of the year. Cowen believes that for Ethereum to establish a sustainable upward trend, it must first return to a lower […]
The cryptocurrency protocol “Jimbo’s Protocol” has reported a loss of 4,090 ETH, equivalent to approximately $7.5 million at the current Ethereum price. This significant breach was not the result of typical hacking strategies, but a flaw within the protocol itself — specifically, a lack of slippage control in liquidity-shifting operations. To understand this, we must first define […]
Following its highly-publicized Shapella upgrade that occurred earlier this year, Ethereum has taken some vital steps toward its upcoming Cancun upgrade. Moreover, the development should have a significant impact on the structure of the network. Ethereum core developers have recently discussed a variety of Ethereum Improvement Proposals (EIPs). Subsequently, these discussions, and coordinative conversations regarding […]
The EOS Foundation has announced the launch of the Ethereum Virtual Machine for Solidity developers. This will enable interoperability between the two largest networks in the market. The EOS Network will accelerate its growth by using open source code libraries and tools already available in the Ethereum ecosystem. Ethereum developers will also benefit from the […]
ETH withdrawals are now possible. The Shanghai Ethereum upgrade has been successfully implemented, enabling the withdrawal of staked ETH and effectively completing the network’s years-long transition to proof-of-stake. Last September, Ethereum successfully executed its much-anticipated merge event, which changed the way ETH is created and how transactions on the Ethereum network are validated. The upgrade […]
Mainnet Shapella Announcement Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 Stakers & node operators should read this post as well as the Withdrawals FAQ From now until April 5th, the Ethereum Bug Bounty rewards have been doubled for Shapella vulnerabilities You can […]
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold […]
In the latest update, core Ethereum developers said the Shanghai upgrade will start in the first two weeks of April 2023. Once this upgrade is done, users will finally be able to withdraw their ETH staked on the network. Previously, in January, the developer said the Shanghai upgrade would start in March 2023. It turns […]
Alexis Ohanian, the co-founder of Reddit, has been very optimistic about cryptocurrencies for a long time. Alexis Ohanian even reportedly used the proceeds from his initial Ether investment to set up a crypto-focused venture capital firm. wow! How will the story of Ohanian and his Ether coins go? Read more below. According to a Cointelegraph […]
Ethereum users are one step closer to accessing the $26 billion worth (and counting) of ETH staked with the world’s largest smart contract network. On Monday, Ethereum’s core developers announced the successful deployment of the first mainnet shadow fork designed to test the readiness of ETH staking withdrawal capability, a feature expected to launch by March. Mainnet […]