Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent. Ethereum has come a long way since the network went live in 2015 under the codename Frontier, transforming from a grand idea into what is now the foundation for thousands of decentralized...

The token will initially be offered on Ethereum and Coinbase’s Base networks, with plans to expand to more blockchains in the coming months. Coinbase has introduced its version of wrapped bitcoin, cbBTC, on the Ethereum and Base networks, allowing users to use bitcoin in DeFi applications. cbBTC is supported by various DeFi services for trading, lending, and as collateral,...

Vitalik Buterin is right: DeFi today is a circular speculative economy. The bigger opportunity lies in bringing traditional capital markets on-chain, so that crypto reaches the mainstream, says Zach Rynes (aka ChainLinkGod), who serves as a Chainlink Community Liaison. Ethereum Co-Founder Vitalik Buterin recently created a ripple on crypto twitter writing that DeFi “feels...

The decision to split up the upgrade wasn't unexpected. Developers had discussed that Pectra was becoming too ambitious to ship all at once, floating the idea of splitting it up to minimize the risk of finding bugs in the code. Ethereum developers agreed on Thursday to split their upcoming hard fork, Pectra, into two packages, in a move to make the massive upgrade less unwieldy and...

The outflow comes despite a broader crypto market rally fueled by recent Federal Reserve rate cuts that helped lift ether prices by 11% over the past week. Ether ETFs experienced the largest outflows since July, with over $79 million exiting on Monday. The outflows were predominantly from Grayscale’s Ethereum Trust (ETHE), while Bitwise's ETHW saw minor inflows,...

As recently as March 2022 – when the price of Ethereum's native cryptocurrency, ether (ETH), was higher – the foundation's treasury held about $1.3 billion of ETH. The Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, is set to release an updated financial report “soon,” according to a top official who also revealed that the...

Wallet data tracked by Arkham shows over 5,000 ETH, worth just over $11 million at current prices, from July’s attack on crypto exchange WazirX was moved to a new address at 07:19 UTC. The North Korean entity responsible for the hack on India's WazirX crypto exchange moved over $11 million in stolen ether (ETH) to Tornado Cash early Monday, aiming to mask the transaction trail....