Texas Court Dismisses ConsenSys Lawsuit Against SEC, Company to Continue Legal Battle
TL;DR A Texas court dismissed ConsenSys’ lawsuit against the SEC, as it did not constitute a final action by the agency. The court deemed the...
Tag : Ethereum
Binance Publishes 22nd Proof of Reserves Report: BTC and ETH Down, USDT Up
TL;DR Binance releases its 22nd proof of reserves report, showing the management of user assets as of September 1, 2024. Bitcoin and Ethereum reserves have...
ZachXBT Analyzes Block Explorers: The Good, the Okay, and the Worst
TL;DR ZachXBT criticized the quality of several block explorers, noting that many need a complete overhaul. Bitcoin explorers like Blockchair, Mempool, and WalletExplorer were rated...
Ethereum Layer-1 Revenue Plummets 99% as Layer-2 Solutions Surge
by Fernando
TL;DR Ethereum’s Layer-1 (L1) revenue has dropped by 99% since March 2024. The Dencun upgrade has significantly reduced transaction fees for Layer-2 (L2) solutions. The...
Ethereum Whales Accumulate Amidst Market Volatility
by jose
TL;DR Ethereum whales have accumulated over 200,000 ETH worth more than $540 million in the past four days, despite sluggish price momentum. Ethereum ETFs have...
SOON Raises Builder-Exclusive Funds to Boost Scalability and Efficiency
TL;DR SOON has raised funds in a “CoBuilder” round with no participation from venture capital firms. The funds will be used to develop Stack and...
BlackRock Ethereum ETF Breaks $1 Billion Milestone, Outshines Grayscale
TL;DR BlackRock’s Ethereum ETF, ETHA, surpasses $1 billion in net inflows, setting a U.S. record. ETHA received $26.8 million on August 20, but grows more...
Ethereum ETFs See $24 Million Daily Inflows, Sparking Potential Price Rally
by Fernando
TL;DR Daily inflows of $24.34 million in Ethereum ETFs. Total net assets of these ETFs reach $7.65 billion. Recent inflows could drive a potential rally...
Ethereum Under Fire as Bearish Sentiment Intensifies
by jose
TL;DR Massive Sell-Off: BlockTower Capital sold 9,232 ETH (~$25 million), causing significant bearish pressure on Ethereum. Technical Concerns: Ethereum faced resistance at $2,700 and risks...
Nomad Bridge: Wallet Linked to Hack Transfers $35.5M in ETH to Tornado Cash
TL;DR A wallet linked to the Nomad bridge hack in 2022 transferred 14,500 ETH, approximately $35.5 million, to Tornado Cash. The funds, originally in DAI,...
