Vitalik Buterin wants rollups to hit stage 1 decentralization by year-end
    29 Mar 2024
    63 Views

    Ethereum co-founder Vitalik Buterin is proposing to raise the bar on what’s considered a rollup in the Ethereum ecosystem — and suggests developers should aim to get their decentralization efforts in order by the end of the year. The comments came in his latest blog post on March 28, reflecting on the year ahead following Ethereum’s latest Dencun upgrade,…

    3 metrics hint that the Ethereum (ETH) price correction is not over
    29 Mar 2024
    70 Views

    After rallying to $4,091 leading into the Dencun upgrade, Ether has underperformed over the last month compared to Bitcoin and the broader crypto market, leading traders to doubt whether the altcoin’s downtrend is over. To put this into context, Bitcoin’s price fell by 18% during the same period, while the total cryptocurrency market capitalization dropped by 16%. A number of…

    Ethereum reaches 1M validators, community thinks it’s ‘too much’
    29 Mar 2024
    62 Views

    The Ethereum network recently hit the one million validator milestone, with 32 million Ether currently staked, valued at approximately $114 billion based on current market prices. On March 28, the Dune Analytics dashboard created by Hildobby to track Ethereum staking progress showed that the network achieved a validator count of one million, with the 32 million ETH staked…

    KuCoin plans $10M airdrop of BTC, KCS as Justice Dept., CFTC circle
    28 Mar 2024
    70 Views

    Cryptocurrency exchange KuCoin will hold an airdrop of Bitcoin and its native KuCoin (KCS) token worth $10 million, according to a letter from CEO Johnny Lyu posted on the exchange’s blog on March 27. The news comes a day after the United States Justice Department announced charges against the exchange and two of its founders. Lyu did not…

    Bitcoin charts suggest the ‘dominance train’ is coming, traders say
    28 Mar 2024
    68 Views

    A clear ascending triangle is forming on the Bitcoin dominance chart, signaling a potential surge in Bitcoin’s market share, according to several crypto traders. Some, however, argue it’s going to go the other way. “The BTC dominance train is about to leave the station,” crypto trader and Into The Cryptoverse founder Benjamin Cowen declared to his…

    Vitalik Buterin is cooking up a new way to decentralize Ethereum staking
    28 Mar 2024
    65 Views

    Ethereum co-founder Vitalik Buterin has proposed a technique to incentivize better decentralization of Ethereum by penalizing correlated failures among validators. Buterin posted his thoughts on March 27 regarding supporting decentralized staking “through more anti-correlation incentives” to the Ethereum Research forum. He suggested if multiple validators controlled by the same actor fail together, they would receive a higher penalty than…