Blockchain Bandit Transferred 51,000 ETH to One Wallet After two years of inactivity, the “Blockchain Bandit” hacker consolidated 51,000 Ethereum worth $172 million into a single wallet. The hacker gained notoriety for stealing Ethereum using weak private keys. The funds were previously spread across 10 wallets and had been idle since January 2023. On the … Read more
Bitcoin ETFs See $226 Million Outflows While Ethereum Gains $130 Million – Signs Of Coming Altseason? Recently, there has been a significant shift in capital flows from Bitcoin ETFs to Ethereum ETFs, with Bitcoin ETFs experiencing outflows of $226 million while Ethereum ETFs saw inflows of $130 million. This trend has sparked discussions among analysts … Read more
Lisa Neigut’s Base58 Gets First-Ever Bitcoin Grant From Donor-Advised Fund Offchain Labs, developer of Arbitrum, announced “Fast Withdrawals,” allowing select Orbit chains and RaaS providers to achieve withdrawal finality in under 15 minutes, a significant improvement from the usual wait time of up to seven days. This feature reduces withdrawal times by over 90%, making … Read more
The Ethereum network is facing high resource requirements for running nodes, leading to fewer entities being able to run validator nodes. The upcoming ‘Verge’ upgrade aims to address this issue by introducing stateless clients and cryptographic SNARKs, making running nodes more accessible and less resource-intensive. Vitalik Buterin encourages solo staking by reducing entry barriers and … Read more
Yala, Bitcoin Liquidity Layer Featuring Stablecoin Protocol, Raises $8M in Seed Round Yala, a Bitcoin liquidity platform, recently raised $8 million in a seed round led by Polychain Capital and Ethereal Ventures. Other investors include Galaxy Vision Hill, Anagram, and more. The funding will be used to expand Yala’s engineering, growth, and security teams in … Read more
Ethereum Fundamentals Hint At Upside Potential As Staking Hits 29% High Ethereum is facing a critical juncture as it struggles to break above the $2,500 mark, leaving investors unsure of its next move. Despite recent price struggles, there are promising signals from the blockchain, with growing demand for ETH staking indicating long-term confidence in the … Read more
XProtocol Unveils ‘World’s First Node-Operated DePIN Smartphone’ Theta Labs has launched EdgeCloud for Mobile, where Android users can contribute spare GPU power to the Theta EdgeCloud network and earn TFUEL tokens. The app, available on Google Play, helps support AI research in various industries and cuts GPU-intensive task costs by over 50% compared to traditional … Read more
Bitcoin Vs. Ethereum: Legendary Analyst Says He’s ‘Pretty Confident’ ETH Will Outperform Crypto analyst Benjamin Cowen is confident that Ethereum will outperform Bitcoin soon despite current price fluctuations. He predicts that Ethereum’s downtrend will end by the year’s end, leading to a resurgence. Cowen analyzes the market conditions, emphasizing the potential for Ethereum to surpass … Read more
Radix Plans $37M Endowment Fund, Fetch.ai Starts San Francisco Innovation Lab Legion, a merit-based ICO platform, has raised $2 million from various backers including Cyber Fund, AllianceDAO, and others. The platform aims to become MiCA compliant and offer investment opportunities to non-accredited investors. By ranking investors based on merit rather than net-wealth, Legion believes that … Read more
Cubist Adds Key Managment Support for Bitcoin, Stork Launches ‘Open Data Market’ Nillion, a blind computation network, partnered with Ritual, a decentralized AI infrastructure network. The collaboration aims to develop decentralized blind AI inference technology to make AI more accessible. By combining Nillion’s blind computation technology with Ritual’s infrastructure, traditional and Web3 applications can securely … Read more
