Category: Ethereum
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GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone
GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup. GIP-153 received 123,158 GNO in support, 115 against and 151 abstaining across 54 voters, Gnosis Chain said in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum. Under the proposal, Gnosis Chain’s validator set would…
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Surges 18% as Trading Volume Jumps 402%
TLDR ETH surged 18% in 24 hours, pushing its weekly gain to 19.65% Trading volume jumped 402% as price broke above $2,003 resistance RSI spiked to 92.14, signaling overbought conditions after the fast move Key resistance sits between $2,431 and $2,500, with $2,636 as the next target Two Hyperliquid whales hold $98 million in ETH…
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Ethereum Devs to Narrow 66 Proposals tied to 2027 Hegotá Upgrade
Ethereum developers are currently reviewing 66 proposals to narrow them down as part of scoping the next major Ethereum upgrade, Hegotá, with several proposals aimed at bringing more privacy capabilities into the protocol. FOCIL is currently the only Ethereum Improvement Proposal (EIP) scheduled for inclusion in the upgrade. Frame Transactions (EIP-8141), Keyed Nonces (EIP-8250) and…
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Ethereum Developers Consider New Privacy Transaction System
TLDR Ethereum developers are reviewing 66 proposals for the planned Hegotá upgrade, expected in 2027. EIP-8141, or Frame Transactions, could give accounts more control over transaction approval, execution, and fee payment. The proposal could help privacy-focused applications reduce their reliance on outside relayers and other middlemen. EIP-8250 and EIP-8272 would support private transaction systems by…
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Bitmine Nears 5% of Ethereum Supply With 5.82M ETH
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions. The company disclosed Monday that it acquired 9,926 Ether (ETH) during the week ending Aug. 16, bringing its total holdings…
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Vitalik Credits Bitcoin as Ethereum Eyes UTXO Model for 1,000x Scaling
TLDR: Vitalik credits Bitcoin’s UTXO design as Ethereum explores a hybrid state model targeting 1,000x scaling. Native UTXOs could cut permanent payment-state usage by 99.8%, reducing one billion entries to about 300 MB. Ethereum’s state grows about 100 GB yearly, making state efficiency a key constraint on 1,000x scaling. Recursive STARKs could add about 2…
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FG Nexus Sells All Ethereum Holdings After $45 Million Loss
TLDR FG Nexus sold all its digital assets before June 30, ending its Ethereum treasury strategy entirely. First-half digital asset operations lost $45.207 million, while staking generated only $144,000. ETH sales brought in $60.956 million cash, with another $14.983 million collected in July. The company held 50,770 ETH at its peak in September 2025 before…
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Bitmine’s $257M Staking Income ‘Fills’ Operational Gaps, Share Buybacks: Analysts
Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in annualized revenue, according to a company announcement on Monday. Ether (ETH) staking is emerging as an important revenue stream that generated about 98% of Bitmine’s revenue for the fiscal quarter ending May…
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Fidelity’s FETH Fund Set to Launch Ethereum Staking with Quarterly Distributions
Key Highlights Fidelity’s FETH fund introduces Ethereum staking with planned quarterly distributions The fund may stake its entire Ether holdings during standard operational periods Shareholders would receive 85% of staking proceeds following service provider fees Distribution payments would occur quarterly based on available staking revenue The move aligns with growing adoption of staking among major…
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Vitalik Updates Ethereum Roadmap, Prioritizing Quantum Safety and Privacy
TLDR: Ethereum roadmap now prioritizes quantum safety, replacing several 2023 plans with newer solutions. Native rollups enter Ethereum’s plans as zero-knowledge proof technology matures rapidly. Privacy protections gain first-class status through keyed nonces and lean privacy pool systems. AI-assisted formal verification underpins recursive STARKs across Ethereum’s core protocol layers. Vitalik Updates Ethereum Roadmap, prioritizing…
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