Ethereum Monthly Burn Surpasses 146,000 ETH As Total Clears $6.5 Billion

Featuring Ethereum Improvement Proposal (EIP) 1559, the London hard fork introduced significant changes to Ethereum’s transaction fee mechanism. Users now pay a base fee that is subsequently burned, effectively removing ether from circulation forever.

165 +

Bitcoin and Ethereum Losing Their Dominance, Tradecurve Onboards 15,000 New Users

Bitcoin (BTC) and Ethereum (ETH) are facing challenges to their long-standing dominance. As new projects emerge, the market dynamics shift, with potential gains to be found in alternative tokens.

184 +

Ethereum takes the top spot as the chain with the highest count of...

Ethereum was the protocol with the highest count of fee-paying users in the last six months. It was, however, four places behind Tron in terms of daily active user count. Ethereum [ETH] takeThe post Ethereum takes the top spot as the chain with the highest count of... appeared first on AMBCrypto.

195 +

Serial Scammer And Rug Puller Steals Over $315,000 From Fake Meme Coins

A serial scammer and rug-puller have amassed over 160 ETH, worth $315,000 at spot rates, by creating fraudulent meme coins and rugging users off their hard-earned funds, on-chain data analyzed by LookonChain on July 9 shows.

131 +

HSBC’s Hong Kong customers can now trade Bitcoin, Ethereum futures ETFs

HSBC customers in Hong Kong can now buy Bitcoin (BTC) and Ethereum (ETH) futures ETFs, per crypto reporter Colin Wu. Wu wrote: “The move will expand local users’ exposure to cryptocurrencies in Hong Kong.

150 +

MakerDAO-powered lending platform Spark Protocol onboards Rocket Pool staked ETH as collateral option

MakerDAO (MKR) has announced that Spark Protocol is onboarding Rocket Pool’s staked Ethereum (rETH) as a new collateral type, creating increased opportunities for users to leverage their digital assets in the DeFi ecosystem.

244 +

Etherscan integrates ChatGPT to analyze Ethereum source code

Etherscan, a popular Ethereum (ETH) block explorer, has announced the addition of ChatGPT to its suite of tools for analyzing the coin’s blockchain. The new tool, called Code Reader, utilizes the ChatGPT API to provide users with the ability to…

338 +

Why Ethereum's gas prices dropped to 5-month low

Ethereum's mean and median gas price declined in recent weeks. Active users and volume remained untouched, indicating sustained activities. The Ethereum [ETH] network has long been criticizeThe post Why Ethereum's gas prices dropped to 5-month low appeared first on AMBCrypto.

162 +

Ethereum's Shapella unlocks new opportunities for...

Liquid staking protocols extended their dominance after Shapella and outperformed other staking options. LSD beat ETH to become the largest collateral asset on Aave lending protocol. Users iThe post Ethereum's Shapella unlocks new opportunities for... appeared first on AMBCrypto.

183 +

Celsius users will be allowed to swap altcoins for BTC and ETH

In a recent court filing, the Celsius Network has announced plans to facilitate the conversion of all altcoins into bitcoin and ethereum starting from July 1, 2023.

1175 +

Crypto traders can mitigate risk with PODS’ FUD Vault – now live on mainnet

The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal.

53 +

Kraken experiences gateway issues — withdrawals, deposits delayed

Major crypto exchange Kraken investigated an issue with crypto funding gateways, including BTC, ETH, and ERC-20, with users experiencing delays in deposits and withdrawals.

201 +

SHIB, BTC, ETH, Other Coins Can Now Be Used to Buy Nike, Apple Via Crypto.com

Users can now use Shiba Inu and other top coins to shop more than 150 brands, including Nike and Apple

72 +

Ethereum: Stakers, what next after ETH's sluggish price action?

The amount of ETH staked grew by 11% since the Shapella Upgrade. Over 60% of the stakers were in losses since they locked their ETH on the network. Users in the crypto space have shown signiThe post Ethereum: Stakers, what next after ETH's sluggish price action? appeared first on AMBCrypto.

192 +

Massive 4,090 ETH Hack Appears, and Reason Is Surprising

Various DeFi protocol users should be cautious as hackers are active again

205 +

Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH

The Ethereum (ETH) network has reached a significant milestone following the highly-anticipated Shanghai upgrade, as staking activity soars to new heights. According to crypto analytics platform Cryptorank, the Ethereum deposit contract balance has exceeded $40 billion, with users depositing over 4.

200 +

Vitalik Buterin highlights Ethereum (ETH) consensus limitations

Ethereum (ETH)‘s co-founder recently published a blog warning against overloading the Ethereum consensus. The post revealed several developers and users watching to ensure correct chain recovery upon crypto-economic consensus failure.

49 +

Liquid Staking Leader Lido Upgrades to Second Version on Ethereum

Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.

179 +

Lido rallies 12% as it enables staked Ethereum withdrawals

Liquid staking protocol Lido (LDO) will finally enable staked Ethereum (ETH) withdrawals after its community-supported enacting of the V2 upgrade. The protocol announced this development on May 15, saying final checks were occurring and users should stay tuned.

186 +

MetaMask now allows US users to buy ETH with PayPal

MetaMask, a cryptocurrency wallet provider, has partnered with PayPal to offer ethereum (ETH) purchases for users in the United States.

178 +

MetaMask rolls out ETH purchases via PayPal to US users

Users in the United States can also transfer ETH from PayPal to MetaMask. The companies first announced their collaboration in 2022.

73 +

Why Maker (MKR) price is dropping after MakerDAO launched Spark

The price of Maker (MKR) has been on the decline even after MakerDAO launched the Spark protocol yesterday. At press time, MKR was trading at $671.41, down 5.41% over the last 24 hours. The new Spark Protocol, which started operating today is available for all users to lend and borrow Ethereum (ETH), stETH, DAI, and […] The post Why Maker (MKR) price is dropping after MakerDAO launched Spark appeared first on Invezz.

69 +

Sparklo (SPRK) Continue to Attract Users While Ethereum (ETH) and Dogecoin (DOGE) Lose Users and Decline Respectively

The Sparklo project has been making waves in the cryptocurrency market, attracting loads of investors due to its innovative features. This behavior backs up the predictions that the Ethereum based metal investment platform will be able to outperform major cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE).

192 +

Will Ethereum's low network utilization eclipse ETH's rise? Gauging...

The growth in the number of users was not necessarily driving network utilization for Ethereum. ETH's exchange inflow hit its highest value since the Merge on 2 May. Users in the crypto spacThe post Will Ethereum's low network utilization eclipse ETH's rise? Gauging... appeared first on AMBCrypto.

195 +

Post Shanghai: Huge Influx Of ETH In Exchanges Leave Experts At Crossroads As Price Falls Below $2k

180 +

Binance enables greater flexibility for WBETH DeFi users

Wrapped Beacon Ethereum (WBETH) is now available on the ETH Staking service at Binance, the largest cryptocurrency exchange in the world. 

256 +

KuCoin’s Twitter account briefly compromised, $22,000 stolen from users

KuCoin says compromise of Twitter account lasted about 45 minutes, with users clicking on malicious links losing over $22,000. On-chain data shows largest loss was $7,750 in ETH. KuCoin has announced it will reimburse those who fell victim to the scam.

137 +

MEV bot consumes 7% of ETH gas while sandwiching traders

Complaints surge as reports indicate that an MEV bot has been sandwiching traders while consuming large amounts of ETH gas. In the past few days, Twitter users have criticized the MEV bot jaredfromsubway.

491 +

Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade

On Monday, the decentralized Ethereum-based staking protocol deployed Atlas granted users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

142 +

SyncDex.Finance accused of rug pulling investors 

Syncdex.Finance has orchestrated a rug pull scam on its investors, carting away roughly 200 ETH. The project has reportedly deleted its social media handles.  SyncDex_Finance, a zkSync-based decentralized finance project, has reportedly scammed its users for roughly 200 ETH (roughly…

145 +

Worst-case scenario could see up to 1.54M ETH becoming liquid after Shanghai upgrade

Ethereum's Shapella upgrade is just hours away, and the market is buzzing with speculation on its potential effects on ETH's price. This significant upgrade enables users and validators to access their staked ETH through partial and full withdrawal options.

180 +

Over 3,000 Validators To Withdraw After Ethereum Shanghai Upgrade

Ethereum (ETH) has been making headlines lately with its upcoming Shanghai upgrade, which promises to bring significant improvements to the network. One of the most anticipated changes is the ability to withdraw staked ETH, which has been a long-standing concern for many users and validators.

64 +

Hacked DeFi platform, Euler Finance releases funds redemption details 

Ethereum (ETH)-based decentralized finance (DeFi) protocol, Euler Finance has released the token redemption plan for users affected by the flashloan attack it suffered last month.  

257 +

SushiSwap recovers $186k after hack, plans to return funds to users

SushiSwap has retrieved $186,000 worth of ETH from a hacker who drained over $3.3 million worth of ETH on April 9. The exchange has since then laid out plans of how affected users can claim lost funds.

153 +

Will Ethereum’s (ETH) Shapella Upgrade Trigger A Sell-Off Or Bull Run?

The upcoming Shapella upgrade for Ethereum (ETH) is set to introduce several new features to the network, including the ability for users to withdraw their staked ether. While this is a new milestone for Ethereum users, there is some concern about whether it can lead to a sell-off and potentially result in a decline in Ethereum’s price action.

247 +

Chris Burniske Explains Why Ethereum (ETH) Unlock Is Bullish Event

Control over users' funds is not something market should be afraid of, assumes analyst

104 +

Bybit launches web3 staking pool ahead of Shanghai upgrade

The Bybit crypto exchange has started a new web3 staking pool, enabling users to leverage its ethereum (ETH) staking options in time for the Shanghai upgrade.

193 +

UNI users under risk from fake ETH/ARB pool: Are your holdings safe?

ARB buyers on Uniswap might be at risk of losing funds to fake ARB. UNI might be headed for some more upside as whale demand picks. Though Arbitrum [ARB] has finally been AirDropped successfThe post UNI users under risk from fake ETH/ARB pool: Are your holdings safe? appeared first on AMBCrypto.

275 +

Euler Hacker Gives out Stolen ETH to Random Users, Here's What's Happening

Euler Finance hacker being generous but not collaborative

160 +

Lido Finance Now Holds 33% of All Staked Ethereum (ETH): Details

Liquid Staking was developed to allow users to stake ETH

164 +

Gitcoin, a Crowdfunding Platform for Open-Source Software Votes to Seed Staked ETH Index

The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.

210 +

ConsenSys updates ETH holders on staked withdrawals

ConsenSys has given a detailed update on the highly anticipated Shanghai/Capella upgrade and how it will enable users to withdraw staked ETH.

226 +

TRON [TRX] overtakes ETH in this metric, but troubles manifest

Stablecoin adoption in retail payment has been increasing in the TRON network. Monthly active users increased, but TVL registered a decline. On 26 February, TRON [TRX] overtook Ethereum [ETHThe post TRON [TRX] overtakes ETH in this metric, but troubles manifest appeared first on AMBCrypto.

271 +

OpenSea implements 0% fees to win over NFT user base lost to Blur

NFT marketplace Blur surpassed OpenSea in daily ETH trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor.

212 +

Top Ethereum (ETH) Gas Spenders Are Scammers

Blockchain security firm PeckShield has issued warning to Ethereum users regarding latest zero transfer scams

50 +

Ethereum experiences boost as Zhejiang testnet goes live

Feb. 1 marked a crucial milestone for ethereum (ETH) developers as a new test network, Zhejiang, launched. What is it and how it works? The Zhejiang update allows users to get a head start in testing the protocol’s next major…

197 +

Rally’s RLY token tanks 10% as sidechain shuts down – severing users’ from their NFTs

Ethereum-based (ETH) social token platform Rally said its sidechain would shutter operations on January 31, and users would be unable to transfer their non-fungible tokens (NFTs), according to emails sent to its community on the same day.

119 +

Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals

Users will be able to get a sense of how staked ETH withdrawals will work from a testnet due to go fully live on Feb. 7.

211 +

AAVE's future in limbo? Here are Aave updates you have been missing out on

Aave experiences a decline in the number of unique users and transactions despite growth in staked ETH. Even so, interest in the token continues to increase. According to recent data by MessThe post AAVE's future in limbo? Here are Aave updates you have been missing out on appeared first on AMBCrypto.

234 +