The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply. Ethereum’s New Milestone The data also reveals that around 30% of the staked ETH is attributed to Lido, a liquid staking platform designed...
Read More »Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
CoinspeakerMasa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains. Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
Read More »Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
CoinspeakerTencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources. Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
Read More »US Lawmakers Urge SEC to Confront Prometheum’s Custody Plans for ETH
United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from regulatory authorities. Regulatory Ambiguity In a letter addressed to SEC Chair...
Read More »COTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity
CoinspeakerCOTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2’s, Ethereum-based layer two network. COTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity
Read More »Illuvium Secures $12M Investment to Advance NFT Interoperability in Ethereum
CoinspeakerIlluvium Secures $12M Investment to Advance NFT Interoperability in Ethereum The blockchain gaming studio plans to use its latest investment to expand its gaming offerings and build on user experience. Illuvium Secures $12M Investment to Advance NFT Interoperability in Ethereum
Read More »Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation
CoinspeakerTether Expands AI Focus: Welcomes Top Talent to Fuel Innovation Tether, the leading cryptocurrency firm, is making waves with its strategic foray into the realm of Artificial Intelligence (AI). With a focus on innovation and transparency, Tether aims to reshape the landscape of AI technology, setting new standards for accessibility and efficiency. Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation
Read More »Ethereum Price Analysis: ETH Could Rally Back To $4,000
Ethereum price is eyeing an upside break above the $3,700 resistance against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $3,400 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,400 support zone. Ethereum price is consolidating above the $3,440 level against the US Dollar. ETH/USD could rise...
Read More »Ethereum Co-founder Vitalik Buterin Engages on Farcaster, Community Calls for Return to X
CoinspeakerEthereum Co-founder Vitalik Buterin Engages on Farcaster, Community Calls for Return to X Vitalik Buterin, co-founder of Ethereum, talks about Farcaster, and people are calling for a return to X. Ethereum Co-founder Vitalik Buterin Engages on Farcaster, Community Calls for Return to X
Read More »Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector
CoinspeakerBinance Labs Invests in StakeStone amid Growing Interest in Restaking Sector Investing in advanced restaking protocols aligns with Binance Labs' strategic focus on this domain. Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector
Read More »