What are CryptoPunks? All About the Mainstream NFT Collection

What are CryptoPunks? All About the Mainstream NFT Collection

Over the past few years, the market for non-fungible tokens (NFTs) has experienced a dynamic journey—from an initial global frenzy to a more stabilized, albeit somewhat subdued, phase. In 2021, NFTs captured worldwide attention, making headlines and shaking up cryptocurrency markets. Despite a cooling-off period in 2023, NFTs continue to see substantial trading activity, with ... Read more
Ethereum ETFs Near Launch as SEC Evaluates Other ETFs

Ethereum ETFs Near Launch as SEC Evaluates Other ETFs

Bitwise’s chief compliance officer, Katherine Dowling, suggested in a recent Bloomberg interview that the diminishing issues within S-1 filings could signal the imminent launch of Ethereum ETFs. This development occurs amid reports of ongoing discussions between the SEC and various firms regarding other spot ETFs. Positive Indicators for Ethereum ETFs Dowling emphasized the positive signs, ... Read more
SKALE Labs Unveils Pacifica V3 Upgrade to Enhance Blockchain Performance

SKALE Labs Unveils Pacifica V3 Upgrade to Enhance Blockchain Performance

Ethereum scaling project SKALE Labs has launched the Pacifica V3 upgrade, significantly boosting block mining and transaction speeds by over 100%. Pacifica V3 Unveiled at EthCC 7 in Brussels The announcement was made at EthCC 7 in Brussels, where SKALE Labs detailed the enhancements brought by the Pacifica upgrade. The new version promises a 122% ... Read more
Ethereum’s Struggles Continue: Could ETF Launch Reverse the Trend?

Ethereum’s Struggles Continue: Could ETF Launch Reverse the Trend?

In this report, we delve into Ethereum’s performance in June 2024. Despite the complex trends in ETH’s price, Cryptonews explores network activities, key ecosystem updates, and their potential implications for Ethereum’s future. Key Takeaways: ETH Price Decline: ETH price fell by 10.4% from $3,803 to $3,406 in June. Concerns about a potential Bitcoin price drop ... Read more
EthCC 7 Kicks Off in Brussels, Showcasing Ethereum’s Future

EthCC 7 Kicks Off in Brussels, Showcasing Ethereum’s Future

The seventh Ethereum Community Conference (EthCC) began on July 8 in Brussels, Belgium, drawing together developers, researchers, and enthusiasts from around the world. As the largest annual European Ethereum event, EthCC serves as a platform for pivotal discussions and insights into the future of decentralized finance (DeFi) and Web3 social networks. A Historic and Politically ... Read more
Understanding Ethereum Price Prediction Amid Market Turmoil: Expert Insights and Future Prospects

Understanding Ethereum Price Prediction Amid Market Turmoil: Expert Insights and Future Prospects

The recent crypto market crash has left investors questioning the future of Ethereum (ETH) and its price predictions. As Bitcoin (BTC) plummeted to a new low of $53,700 on July 5, the market experienced significant turbulence, intensifying concerns about Ethereum’s trajectory. Market Impact of Mt. Gox and German Bitcoin Sell-Offs The market-wide sell-off was exacerbated ... Read more
Ethereum Foundation’s Email Hacked to Promote Fraudulent Lido Staking Scheme

Ethereum Foundation’s Email Hacked to Promote Fraudulent Lido Staking Scheme

The Ethereum Foundation recently fell victim to a cyberattack that compromised its official email account, which was subsequently used to promote a fraudulent Lido staking scheme. Details of the Breach According to an announcement, the Ethereum Foundation’s email account was hacked on June 23. The attackers utilized the updates@blog.ethereum.org email address to send phishing emails ... Read more
Ethereum Foundation’s Email Hacked to Promote Lido Staking Fraud

Ethereum Foundation’s Email Hacked to Promote Lido Staking Fraud

The Ethereum Foundation reported on Tuesday that its email account, used for official updates, was compromised on June 23, resulting in the promotion of a phishing scam. The foundation has since regained control of the account and halted the distribution of malicious emails. Phishing Scam Targeted Over 35,000 People The foundation's blog post revealed that ... Read more
Ethereum’s Vitalik Buterin Proposes Enhancements to Boost Transaction Speed

Ethereum’s Vitalik Buterin Proposes Enhancements to Boost Transaction Speed

Vitalik Buterin, co-founder of Ethereum, has introduced new proposals aimed at reducing transaction confirmation times, suggesting significant system improvements to enhance user experience. In a blog post dated June 30, Buterin acknowledged that while Ethereum has seen substantial improvements compared to five years ago, there is still a need to further enhance transaction speeds. He ... Read more
Ethereum ETF Approval in Q3 Could Ignite Crypto Bull Run: Bitfinex Analyst

Ethereum ETF Approval in Q3 Could Ignite Crypto Bull Run: Bitfinex Analyst

The approval of U.S. spot ether exchange-traded funds (ETFs) during the third quarter could significantly boost the current positive momentum in the cryptocurrency market, potentially triggering a bull run, according to a Bitfinex analyst. This anticipated regulatory approval is expected to further enhance the recent gains seen in digital assets. Economic Indicators and Federal Reserve ... Read more