Ethereum (ETH)

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Vitalik Buterin, the famous Ethereum co-founder, has given his blessings for a proposal by DeFi protocols Uniswap and Across aimed at bringing a new Ethereum standard. This proposal, ERC (Ethereum Request for Comment)-7683, will ensure secure and efficient cross-chain decentralized trading. The proposal was posted on the Ethereum Magicians forum and describes how it can make the trading process between protocols operating in the broader Ethereum ecosystem efficient. That includes multichain...

The crypto world is no stranger to unexpected contenders. But Pepe Unchained (PEPU), the meme-turned-blockchain phenomenon, continues to defy expectations. Its presale has already passed the $8 million mark – and many early backers believe PEPU could be the next big thing in the Layer-2 space. Presale Demand Soars as Pepe Unchained Passes $8M Milestone Pepe Unchained is going viral in its presale. It’s raked in $8.2 million so far, with PEPU tokens going for just over $0.009...

Indian cryptocurrency exchange WazirX is planning on reversing all transactions on its platform to get account balances to reflect the amounts they did on July 18. The platform experienced a $235 million exploit on that day as North Korean hackers ransacked its Ethereum-based multisig cold wallet. With that, all affected user accounts will receive the amounts the bad actors stole. In an announcement on August 8, the exchange stated, “After careful consideration of the situation and the...

Franklin Templeton’s FOBXX is now available on Arbitrum, enhancing digital asset compatibility. The integration is a significant step toward merging traditional and decentralized finance. The Arbitrum Foundation and global asset manager Franklin Templeton announced this week that the Franklin OnChain U.S. Government Money Fund (FOBXX) is now available on the Ethereum Layer 2 blockchain, Arbitrum. Investors can have access to FOBXX via digital wallets on the Benji Investments platform,...

In July, global crypto trading volume on centralized exchanges surged by 19%, reaching $4.94 trillion. This marks the first increase in trading volumes in four months, as reported by CCData. Crypto Trading Volume Surge CCData noted that the increase in trading volume is due to the launch of spot Ethereum exchange-traded funds in the U.S. and the positive sentiment from local political figures at the Bitcoin conference in Nashville, Texas. The report highlights significant...

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound. However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend. By Shayan The Daily Chart A closer look at Ethereum’s daily chart reveals a strong bullish response near the critical $2.1K support level, resulting in a rapid...

Sandbox land prices have dropped by up to 95% from their peak TOPIA Worlds remains resilient with a 65% drop, driven by smart rebranding and active community support. As per CoinGecko’s most recent report, the prices of Sandbox land have dropped drastically, falling by about 95% from their highest peaks. Metaverse land prices in 2024 fell an average of 72% from their peak to between 0.08 ETH and 1.88 ETH. A larger sequence of notable corrections from the bull market peaks in 2022 is...

TL;DR Santiment ranked Internet Computer (ICP) as the top digital asset for development activity, followed by Hedera (HBAR) and Cardano (ADA). The top 10 list also features Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), and Cosmos (ATOM), with Ethereum gaining attention due to new spot ETH ETFs in the United States. The Top 10 List The cryptocurrency market intelligence platform recently revealed the top 10 digital assets in terms of notable development activity for the...

Another week went by, which began with massive volatility, and the spot Bitcoin and Ethereum ETFs were once again in the spotlight. Here’s the data regarding the inflows and outflows for the past five days, according to Farside. Bitcoin ETFs in the Red Last week ended on a highly negative point as the spot Bitcoin ETFs registered their worst day in terms of flows in about three months, with nearly $240 million leaving the eleven funds. The start of the new week was not all...