Category: Ethereum
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Outflows Total $229.95M, BlackRock’s ETHA Leads Losses
TLDR Ethereum ETFs saw a daily net outflow of $229.95M, with long-term growth in cumulative inflows. BlackRock’s ETHA suffered the largest outflow, losing $92.30M, while its total net assets remain at $10.61B. Fidelity’s FETH experienced $51.54M in outflows, with a market price drop of 8.92% to $29.92. Grayscale’s ETH ETFs (ETHE, ETH) also faced outflows,…
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Everclear launches cross-chain asset settlement on Mantle, enabling 60-second wETH-to-mETH swaps
Swap wETH to Mantle’s mETH from major chains in under 60 seconds. No traditional bridges, slippage, or complex onboarding steps required. Netting + rebalancing cuts liquidity fragmentation and operational costs. The blockchain industry’s liquidity fragmentation problem has a new solution. Everclear, the interoperability protocol formerly known as Connext, has launched cross-chain asset settlement on Mantle…
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MegaETH Hits 47K TPS As It Prepares For 11B Transaction Stress Test
Data shows Ethereum layer 2 MegaETH hit network speeds of up to 47,000 transactions per second in testing as the project prepares for a stress test ahead of its mainnet launch. In an X post on Monday, MegaETH said it will launch a “global stress test” on Thursday, with an official launch to follow. “On…
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Vitalik Buterin Warns Protocol Complexity Threatens Ethereum’s Decentralization Goals
TLDR: Complex protocols fail trustlessness by requiring specialized experts to verify properties. Backwards compatibility pressures cause protocol bloat as additions outpace feature removals. Buterin proposes garbage collection to minimize code and reduce cryptographic dependencies. Rosetta-style compatibility demotes legacy features to smart contracts outside core protocol. Ethereum co-founder Vitalik Buterin has raised concerns about protocol…
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Solana Labs CEO Says Solana Must Adapt or Die
Solana Labs CEO Anatoly Yakovenko said he wants Solana to be a constantly evolving network, continuously updating to meet the changing needs of users, contrasting with Vitalik Buterin’s vision of Ethereum as a self-sustaining blockchain. “Solana needs to never stop iterating. It shouldn’t depend on any single group or individual to do so, but if…
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Ethereum ETFs See $164.37M Inflow, ETHA Dominates
TLDR Ethereum ETFs saw a total daily net inflow of $164.37 million, with cumulative inflows reaching $12.91 billion. ETHA on NASDAQ leads with the highest 1-day net inflow of $149.16 million and net assets of $11.75 billion. ETH on NYSE posted a 1-day net inflow of $15.21 million, with net assets of $2.52 billion. Several…
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ETH Charts Point To 25% Rally, But A Support May Happen First
Ether (ETH) is trading near $3,300, and one futures market trend points to another 10% to 25% upside move. However, the market may first see a liquidation-driven price dip before any sustained rally develops. Key takeaways: Ether’s Leverage Ratio is near 0.60, a level that has historically preceded 10% to 25% rallies after short pullbacks.…
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Vitalik Buterin Reaffirms Original 2014 Ethereum Vision With Modern Web3 Technology Stack
TLDR: Ethereum proof-of-stake transition and ZK-EVM scaling solutions effectively realize the 2014 sharding vision. Waku evolved from Whisper to power decentralized messaging across multiple applications like Railway and Status. Fileverse passes the walkaway test, allowing document access and editing even if the platform disappears entirely. Decentralized applications have progressed from unusable toys in 2014 to…
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Former NYC mayor backed token tumbles on Solana amid liquidity fears
Some crypto community members accused the project team of removing liquidity, sparking rug pull fears. Rune flagged data suggesting $3.4 million was drained from the token’s liquidity pool. Bubblemaps showed $2.5 million in USDC removed near the peak, with $900,000 not returned after partial additions. Former New York City Mayor Eric Adams has launched a…
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World Liberty Launches Crypto Lending with USD1
Today in crypto: World Liberty Financial has entered the crypto lending market, the US Justice Department’s probe into Federal Reserve Chair Jerome Powell may act as a tailwind for Bitcoin and South Korea is reportedly lifting a nine-year ban on corporate crypto investment. Trump-linked World Liberty brings $3.4B stablecoin into crypto lending markets World Liberty…
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