Latest news on Ethereum

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JPMorgan Expands JPM Coin to Ethereum, Targeting Institutional Blockchain Payments

Ethereum Chosen for Deep Liquidity JPMorgan is moving its digital deposit token, JPM Coin, onto the Ethereum blockchain, a decision driven by the network’s established liquidity and widespread institutional adoption.

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Bitmine’s Ethereum Buying Spree Nears Its End: What Happens Next?

By Loic Dos Santos | 1 month ago

Bitmine’s Buying Spree Nears Finish Line Bitmine Immersion Technologies, the world’s largest Ethereum treasury company, is set to halt its relentless accumulation of Ether (ETH) as it approaches a self-imposed cap...

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Ethereum Layer-2 Blast to Shut Down as Costs Outpace Earnings

By Loic Dos Santos | 1 month ago

From $2.3B Locked to Shutdown Ethereum layer-2 network Blast, once a high-profile project with over $2.3 billion in assets locked at its February 2024 mainnet debut, is shutting down less than a year after launch...

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Blast’s $2 Billion Ethereum Layer-2 Shuts Down, Marking a Stark Turn in L2 Competition

By David E | 1 month ago

From $2 Billion Peak to Shutdown Ethereum layer-2 network Blast is closing its doors less than two years after its much-hyped debut, ending a brief but turbulent run that saw it rise to over $2 billion in total value locked (TVL) before.....

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KelpDAO Sues LayerZero Over $292 Million rsETH Bridge Exploit

By David E | 1 month ago

North Korean Hackers Blamed in Suit KelpDAO, a decentralized liquid staking protocol built on Ethereum, has filed a lawsuit against LayerZero and its CEO Bryan Pellegrino, following a massive exploit that drained 116,500 rsETH—valued at The.....

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Bitmine’s Latest $75M Ether Buy Pushes Institutional Accumulation to New Heights

By David E | 1 month ago

Bitmine Edges Toward 5% ETH Ownership Bitmine Immersion Technologies (BMNR) has made another high-profile move in the crypto markets, purchasing 27,562 ether for approximately $75.2 million at Monday’s price of $2,727 per token...

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Bitmine’s Relentless ETH Buying Brings It Within Reach of 5% Supply

By David E | 2 months ago

Bitmine Nears 5% Ethereum Milestone Bitmine Immersion Technologies is closing in on a landmark: controlling 5% of all Ethereum in existence...

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Bitmine’s Relentless Ethereum Accumulation Raises Stakes for Crypto Markets

By Loic Dos Santos | 2 months ago

Bitmine’s Ethereum Bet Keeps Growing Bitmine Immersion, under the leadership of Tom Lee, has quietly become one of the largest holders of Ethereum, amassing a staggering 5.82 million ETH tokens as of this week...

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Fidelity Moves to Add Ethereum Staking to Its ETF, Shifting U.S. Crypto Fund Landscape

By Loic Dos Santos | 2 months ago

Investors Eye Quarterly Staking Payouts Fidelity Investments has filed to amend its spot Ethereum ETF, the Fidelity Ethereum Fund (FETH), seeking approval from the U.S...

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We checked: Did the Drift Protocol hack shake Ethereum three months later?

By Loic Dos Santos | 3 months ago

What our earlier coverage warned Our earlier coverage described how the Drift Protocol exploit on Solana led to the loss of more than $270 million in under a minute, after an attacker manipulated Solana’s “durable nonces” and tricked.....

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Ethereum Foundation Exodus Intensifies as Funding Crisis Looms

By Loic Dos Santos | 4 months ago

Leadership Vacuum Deepens at Ethereum Foundation The Ethereum Foundation is facing a wave of high-level departures, with co-executive director Hsiao-Wei Wang announcing her resignation effective immediately after a recent sabbatical...