Ethereum | ForkLog

ForkLog 12 02.09.2024

QCP Capital Predicts Continued Market Correction in September

Analysts at QCP Capital have highlighted Ethereum’s significant underperformance compared to Bitcoin in August and warned that the market downturn may persist into September. This was reported by The Block. “Bitcoin ended August with an 8.6% decline. We began the month with the ‘Bank of Japan crash,’ and digital gold failed to rise above $65,000. […]

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ForkLog 15 02.09.2024

Vitalik Buterin Proposes Enhancements for EVM Efficiency

Specialisation and parallelisation of computations enhance efficiency and security, according to Ethereum co-founder Vitalik Buterin in a recent essay. Glue and coprocessor architectures:https://t.co/7CwdzKR0ix — vitalik.eth (@VitalikButerin) September 2, 2024 The cryptographer believes this opens up possibilities for increased decentralisation and simplified code auditing. Buterin suggests that any resource-intensive computations can be divided into two parts: […]

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ForkLog 11 02.09.2024

Ethereum Community Proposes Solution to Inflation Issue

A Web3 researcher known as Cygaar has called for an increase in transaction fees for BLOB objects in Ethereum to restore the ETH burn rate. Right now the relationship between Ethereum L1 and its L2s is quite lopsided. L2s receive the benefits of Ethereum security without contributing much value back to ETH. There are two […]

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ForkLog 43 31.08.2024

Vitalik Buterin Denies Selling His ETH Holdings

Ethereum co-founder Vitalik Buterin has reiterated that he has not sold his own ETH and has kept the proceeds since 2018. I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the ethereum ecosystem or broader charity (eg. biomedical R&D) — […]

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ForkLog 12 26.08.2024

Vitalik Buterin Addresses Claims of Disregarding DeFi

Ethereum co-founder Vitalik Buterin has responded to accusations that he opposes the development of DeFi within the blockchain ecosystem. The discussion about his stance on decentralized finance applications gained traction in the community following the release of the Steady Lads podcast episode featuring Kain Warwick on August 23. The hosts initiated the conversation with the […]

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ForkLog 14 24.08.2024

Ethereum Poised to Surpass Bitcoin in Market Capitalisation Within Five Years, Says Expert

Ethereum is set to eventually overtake the leading cryptocurrency in terms of market capitalisation within the next five years, according to Nick Tomaino, founder of 1confirmation. 1confirmation Q2 2024 LP letter pic.twitter.com/7aysi4xCYL — Nick Tomaino (@NTmoney) August 23, 2024 He noted that Bitcoin’s current capitalisation stands at approximately $1.2 trillion, which is about four times […]

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ForkLog 14 24.08.2024

Ethereum Foundation Transfers 35,000 ETH to Kraken

The Switzerland-based non-profit organization, Ethereum Foundation, has moved 35,000 ETH (equivalent to $94 million at the time of the transaction) to the cryptocurrency exchange Kraken. Data: Arkham. At the time of writing, the Ethereum Foundation’s address holds cryptocurrencies valued at $840 million, including 273,776 ETH, 31,015 WETH, among others. August 25, 2024 | 09:45Update: Ethereum […]

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ForkLog 12 23.08.2024

Dencun Update Spurs Rise in Failed Transactions on Ethereum’s L2 Networks

The Dencun update activated in March on Ethereum has led to increased bot activity and a rise in failed transactions on second-layer networks, as noted by Galaxy Digital. Full report: https://t.co/rNOuRGRHt0 — Christine Kim (@christine_dkim) August 22, 2024 Commenting on the “150 Days Post-Dencun” report by Zach Pokorny, Christine Kim, head of research at the […]

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ForkLog 11 19.08.2024

Nansen Attributes Ethereum Decline to Market Sentiment Shift

The waning optimism among Ethereum investors has played a more significant role than the outflow from ETFs linked to the second-largest cryptocurrency by market capitalization. This conclusion was reached by Nansen, reports Cointelegraph. Analysts associated the reduced risk appetite of market participants with the release of macroeconomic statistics. According to experts’ calculations, since the start […]

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ForkLog 14 18.08.2024

Franklin Templeton Files S-1 for Dual Crypto ETF

Asset manager Franklin Templeton has submitted an S-1 filing to the SEC for the launch of a combined exchange-traded fund, the Franklin Crypto Index ETF, based on Bitcoin and Ethereum. According to the document, the product will trade under the ticker EZPZ. Should it launch, Coinbase will serve as the ETF’s custodian. The firm may […]

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ForkLog 25 15.08.2024

Ethereum Supply Surpasses 120 Million Coins

Ethereum’s annual inflation rate has risen to 0.69%. EigenLayer is integrating an option for active validation services to add ERC-20 tokens that can be withdrawn without permission. Khelp Financial co-founder and CEO Boomer Saraga claims Ethereum’s price undervalues its fundamentals. The issuance of the second-largest cryptocurrency by market capitalization has reached 120.28 million ETH, according […]

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ForkLog 17 14.08.2024

Ethereum’s Layer 2 Transactions Hit Record 12.5 Million in a Day

On August 13, the number of transactions processed in a single day by Ethereum’s layer 2 solutions reached a record 12.52 million, according to data from Growthepie. Source: Growthepie. Since the beginning of the year, this figure has increased by more than 140%. A significant driver has been the Coinbase-supported blockchain Base, which approached 4 […]

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