Ethereum | ForkLog

ForkLog 9 10.05.2024

Joseph Lubin Criticises SEC’s Approach to Ethereum

Ethereum co-founder Joseph Lubin believes that the U.S. Securities and Exchange Commission (SEC) is deliberately hindering innovation, posing a threat to the future of the country’s financial system. This was reported by Cointelegraph. Speaking at the FT Live’s Crypto and Digital Asset Summit, Lubin explained ConsenSys’s decision to sue the agency after receiving a Wells […]

AI translated

ForkLog 19 09.05.2024

Vitalik Buterin Explores ‘Multidimensional’ Gas Pricing for Ethereum

To address the limitations of the current fee system, Ethereum co-founder Vitalik Buterin proposed a ‘multidimensional’ gas pricing structure. He noted that the network currently employs a peer-to-peer model where all computational processes, including storage, data transfer, and encryption operations, are evaluated using a single metric—gas. Vitalik pointed out a significant drawback: this approach treats […]

AI translated

ForkLog 16 09.05.2024

Grayscale Withdraws Application for Ethereum Futures ETF

Grayscale Investments has withdrawn its application to create a futures-based Ethereum ETF. According to CEO Michael Sonnenshein, the company will focus its efforts on converting the ETHE into a spot exchange-traded fund. Grayscale Investments will focus on converting its Ethereum trust — the world’s largest — to spot exchange-traded products, CEO Michael Sonnenshein said on […]

AI translated

ForkLog 9 09.05.2024

Ethereum Faces Inflationary Pressure Post-Dencun Update

The Dencun update has rendered Ethereum (ETH) inflationary once more, potentially challenging its narrative as “ultra-sound” money, according to analysts at CryptoQuant. Following the hard fork, the average transaction fees on the network have decreased by approximately fourfold, despite maintaining the same level of activity as before the update. Consequently, the burn rate has plummeted […]

AI translated

ForkLog 9 08.05.2024

10x Research Highlights Token Unlock Concerns and Ethereum’s Weakness

Large token unlocks could negatively impact the altcoin market, according to 10x Research. Analysts noted Ethereum’s inability to surpass the leading cryptocurrency. The current bullish cycle in the cryptocurrency market may be shorter than previous ones and is unlikely to end with a major altcoin rally, according to analysts at 10x Research. Beware of Token […]

AI translated

ForkLog 13 08.05.2024

Experts Assess Impact of EIP-3074 on Ethereum Wallets

EIP-3074 aims to enhance wallet capabilities. Some view it as a significant milestone for Ethereum’s development, while others see security risks. Vitalik Buterin proposed an alternative approach to the solution. In preparation for the Pectra hard fork, Ethereum developers and the community discussed EIP-3074, designed to add new features to crypto wallets. The proposal is […]

AI translated

ForkLog 18 08.05.2024

Glassnode Analyzes Bitcoin and Ethereum Divergence Post-Halving

The relatively poorer performance of Ethereum compared to Bitcoin following the halving is attributed to capital rotation, according to a new review by Glassnode. After the fourth historical reduction of miner rewards by half, the price of digital gold experienced an 11% correction, the deepest since the FTX collapse, dropping to a two-month low of […]

AI translated

ForkLog 10 07.05.2024

SEC Delays Decision on Invesco and Galaxy’s Spot Ethereum ETF

The SEC has postponed its decision on the ETH-ETF from Invesco and Galaxy to July 5. Inflows into U.S. Bitcoin spot ETFs continued for the second consecutive day. Hong Kong’s BTC-ETF recorded its first net outflow. The U.S. Securities and Exchange Commission (SEC) has extended the review period for the proposed spot Ethereum ETF by […]

AI translated

ForkLog 12 06.05.2024

Mainland China May Soon Access Bitcoin ETFs in Hong Kong

Bitcoin ETFs registered in Hong Kong may soon become accessible to investors from mainland China, according to Richard Byworth, managing partner at SyzCapital. I just got back from Hong Kong. There is talk that the ETF could be added to stock connect. The implications for this are absolutely enormous (basically means mainland money can buy […]

AI translated

ForkLog 13 01.05.2024

Experts See Potential for Cryptocurrency Market Recovery

The primary factors behind the current decline in cryptocurrency prices are stock market sell-offs and a strong dollar index. However, Bitcoin’s brief dip below $57,000 is seen more as a local correction than the onset of a bear phase, according to experts consulted by ForkLog. This analysis explores whether the market still holds potential for […]

AI translated

ForkLog 22 01.05.2024

Vitalik Buterin Unveils Details of New ZKP Model Binius

Ethereum co-founder Vitalik Buterin discussed the advantages of Binius, a new zero-knowledge proof (ZKP) system. The primary aim of this technology is to deliver a significant performance boost compared to traditional models like zk-SNARK. According to Buterin, Binius achieves greater efficiency by performing computations directly on individual binary bits—zeros and ones. In contrast, SNARK and […]

AI translated

ForkLog 21 30.04.2024

Bitcoin Records First Monthly Loss as Ethereum Falls to $3000

The price of the leading cryptocurrency has shown negative monthly dynamics for the first time since August 2023, decreasing by 12% in April—from $70,000 to $61,000. Monthly BTC/USDT chart on Binance. Data: TradingView. The correction over the past 30 days has been the largest since June 2022, when Bitcoin opened the month at around $31,000 […]

AI translated

#Ethereum