Eden Network, an Ethereum protocol that aimed to mitigate the negative effects of MEV, has announced it is winding down all of its services. The team stated the decision was made due to intense competition and high operating costs in the MEV-Boost relay and block-building market, which made it unsustainableContinue Reading
A group of influential Ethereum whales, known as “7 Siblings”, has sold 19,461 ETH valued at US$88.2M in a 15-hour period, according to blockchain analytics. This is part of a deliberate asset management strategy; the group had previously accumulated over 103,543 ETH and is now moving funds through multiple wallets.Continue Reading
Bitcoin has set a new all-time high above $124,000 USD, reclaiming attention despite modest daily gains of just 0.17%. Ethereum continues its stellar month, sitting less than 2% away from breaking its previous all-time high after nearly four years. The broader crypto market is thriving with double-digit weekly gains acrossContinue Reading
US Ethereum ETFs recorded massive net inflows of more than US$1 billion on Monday, significantly outperforming Bitcoin ETFs which saw only US$180 million in inflows. Ethereum has surged 8% daily and 30% weekly to trade at US$4,673, while Bitcoin managed modest gains of 0.2% daily and 5% weekly at US$119,329.Continue Reading
Pantera Capital has invested over US$300M in digital asset treasury companies and launched two dedicated DAT funds. The company backs DATs to outperform ETFs through NAV growth and yield strategies. Their NAV growth strategies include share issuance, staking rewards, and convertible debt. Pantera Capital has committed over US$300 million (AU$459.45Continue Reading
The Grayscale DeepBook Trust and Grayscale Walrus Trust offer accredited investors direct exposure to two core Sui blockchain protocols. DeepBook has processed over US$10B (AU$15.35B) in trades, while Walrus raised US$140M (AU$214.84M) for scalable, privacy-focused on-chain data storage. Sui’s DeFi activity reached a record US$2.3B (AU$3.53B) TVL in July, withContinue Reading
Billionaire investor Peter Thiel has acquired a 7.5% stake in the Ethereum treasury company, ETHZilla, which until just a few weeks ago was a biotech firm known as 180 Life Sciences. News of Thiel’s investment in ETHZilla became public Tuesday and it immediately sent the firm’s stock price sky-rocketing, closingContinue Reading
The Layer-1 blockchain Qubic claims it successfully executed a 51% attack on Monero’s network, which resulted in a six-block reorganisation and replaced 60 previously confirmed blocks. Qubic’s attack was a “high-stakes technical confrontation” that involved incentivising Monero CPU mining through its own network to gain control of the majority hashrate.Continue Reading
Blue Origin, Jeff Bezos’s space exploration company, has partnered with Shift4 Payments to accept crypto payments for its suborbital flights. Customers can now purchase New Shepard tickets using cryptocurrencies like Bitcoin, Ethereum, and Solana, as well as stablecoins like USDT and USDC. This move is driven by the belief thatContinue Reading
Ethereum core developer Federico Carrone was released after being detained for 24 hours in Turkey on accusations of “helping others misuse Ethereum”. Carrone believes the arrest was connected to a 2022 academic paper he co-authored that analysed privacy protocols on Ethereum and Tornado Cash. His case highlights a growing trendContinue Reading
