Chibi Finance team executes $1M rug pull, CHIB plummets 98%
Chibi Finance has allegedly executed a $1M rug pull on Layer 2 blockchain Arbitrum. The team has vanished and their...
Ethereum News
zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year
Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK...
Closed beta version of Neon EVM launches on Solana’s Mainnet
Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana. The EVM helps breach the...
Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low
Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits...
Etherscan launches AI-powered Code Reader: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Casa launches multisignature Ethereum self-custody vault
Cryptocurrency self-custody platform Casa has rolled out support for Ether (ETH) storage, touting its support for multisignature Bitcoin (BTC) and...
Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today. The crypto exchange has also completed a second...
Web3 usernames may see greater adoption due to recent advancements
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long...
Ethereum developers consider raising validator limit from 32 ETH
Ethereum Foundation researcher Michael Neuder outlined the proposal during a core developer meeting. The proposal seeks to raise the validator...
Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse
Ripple CEO Brad Garlinghouse has warned that as Ripple’s legal battle against the United States Securities and Exchange Commission (SEC)...
3 key Ether price metrics point to growing resistance at the $1,750 level
Ether’s price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view...
The Graph (GRT) starts final migration to Arbitrum
The Graph began its transition from Ethereum in 2022. Arbitrum offers more scalability, low transaction costs and high network speeds....
Crypto trading bot borrows $200M for a $3 gain
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking...
Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report...
Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
Tether minted a fresh batch of $1 billion worth of its Tether (USDT) stablecoin on the Ethereum blockchain on June 12. The...
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring...
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The United States Securities and Exchange Commission (SEC) is seeking "alternative service” from the U.S. district court in Washington, D.C....
Real-world asset protocols outperform DeFi blue chips due to tokenization wave
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application...
Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research
Ethereum co-founder Vitalik Buterin is working with India-based crypto fund Crypto Relief and Polygon co-founder Sandeep Nailwal to send $100...
Security or not, Ether looks poised to hold the $1.8K level based on 3 key metrics
Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance...
Jack Dorsey courts controversy by claiming ETH is a security
Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he...
Cryptocurrency markets’ low volatility: A curse or an opportunity?
The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just...