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According to the latest report from on-chain data firm Glassnode, approximately 170,000 ETH is expected to be withdrawn and potentially sold following the Shanghai upgrade on April 13. Glassnode: 170,000 ETH Expected to Hit the Market Post-Shanghai In a recent analysis assessing the impact of the Shanghai upgrade
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Bitcoin (BTC), the world’s largest cryptocurrency, surged on the evening of April 10, positioning itself for a potential re-test of the $30,000 mark. Bitcoin Approaches $30,000 Ahead of U.S. Inflation Data On the night of April 10, Bitcoin experienced a significant upswing, climbing from $28,200
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The recent move by Douyin, the Chinese version of TikTok, to display Bitcoin and Ethereum prices suggests a potential shift in the attitude of Mainland China's business community towards crypto. TikTok China Updates BTC and ETH Prices Update as of April 12, 2023: Just a day after displaying
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Dogecoin has experienced a significant drop following Twitter’s reversion to its default blue bird logo, removing the popular meme coin that was previously featured. This morning (April 7), Elon Musk’s favored meme coin, Dogecoin, was unexpectedly removed from the Twitter logo, causing a sharp reaction in DOGE’s
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EigenLayer, the restaking protocol that secured $50 million in funding last month, has officially announced the launch of its testnet. EigenLayer Restaking Protocol Launches Phase 1 of Testnet Early on April 7, EigenLayer, the solution for ETH holders looking to restake their staked coins, unveiled the first phase of its
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The Avalanche blockchain platform is developing a new subnet specifically for financial institutions, named Evergreen. Avalanche Launches Evergreen Subnet for Financial Institutions In a recent press release, Ava Labs, the development team behind Avalanche, confirmed that it is creating a dedicated subnet called "Evergreen" for financial organizations. According
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The layer-2 zkSync project has reported that 921 ETH (approximately $1.7 million) from the token sale of GemholicECO is currently stuck due to a smart contract error, but a solution is in progress to recover the funds. zkSync Era Project Stuck with 921 ETH from Token Sale Due to
![[Update] Arbitrum Foundation Announces 2 New Proposals to Address Community Concerns](/content/images/size/w600/2024/07/20230406045729-a3bfb343-7f7a-490c-9a57-80ae095b609d-94-fotor-20240728172355.jpg)
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The Arbitrum Foundation has committed to not moving the 700 million ARB until the DAO approves the proposals. Update as of April 18: Proposals AIP-1.1 and AIP-1.2, aimed at increasing the governance power of the Arbitrum DAO community, have been officially approved, with nearly 100% in favor. Voting
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Moonbeam (GLMR), a smart contract parachain on Polkadot, recently experienced an outage that halted block production for over 4 hours. Moonbeam Faces Outage, Halts Block Production for 4 Hours On the evening of April 5, Moonbeam (GLMR) was reported to have stopped generating new blocks, causing a 4-hour and 13-minute
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Solana has recently introduced a new feature, State Compression, aimed at reducing the on-chain data load and enhancing long-term performance for the platform. Jon Wong, Head of Engineering at Solana Foundation, has announced the rollout of State Compression to the ecosystem. This solution is designed to minimize on-chain data storage,
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After Twitter unexpectedly changed its logo to the Shiba Inu dog representing Dogecoin (DOGE), the crypto community's attention has turned to a mysterious wallet that once held a staggering $24 billion worth of the cryptocurrency. Mystery Surrounds $24 Billion Dogecoin Wallet Suspected to Belong to Elon Musk As
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Ethereum (ETH), the world’s second-largest cryptocurrency, has seen a significant surge, reaching $1,925 on the morning of April 5. Ethereum (ETH) Surges Past $1,900 Ahead of Shanghai Upgrade On April 5, Ethereum (ETH) experienced a sharp spike, climbing from $1,870 to $1,925, and is currently