bitcoin
* Global Ethereum-based funds registered $634 million in net inflows, reaching a new annual record. * U.S. spot Ethereum ETFs led the flows, adding $466.5 million. * Analysts argue that the recent inflection in Ethereum ETF inflows makes ether's risk-reward look attractive. * Ethereum outpaced Bitcoin in inflows at high
ethereum
* Ethereum co-founder Vitalik Buterin proposes lowering the staking requirement for validators from 32 ETH to 1 ETH. * Lowering the staking requirement could address centralization concerns and increase participation in solo staking. * Buterin also suggests implementing "single-slot finality" to reduce Ethereum transaction finalization times to every 12 seconds. * The
blocktimes
* A new Ethereum Improvement Proposal (EIP) aims to reduce block times by 33% and increase data capacity. * EIP-7781 would increase overall throughput by 50% and improve the base layer of the Ethereum network. * The proposal would distribute bandwidth usage over time, lower peak bandwidth requirements, and improve user experience. * Ethereum
ethereum
* Ethereum developers are considering splitting the Pectra upgrade into two parts. * The first phase could launch by early 2025. * Splitting the upgrade may be a safer option and allow for quicker delivery. * The split is likely due to the complexity of the upgrade and desire to add more. * The decision
ethereum
1. Ethereum's true value is not reflected in the broader market, but refined messaging could attract Wall Street investors. 2. Executives from Attestant remain bullish on Ethereum despite low appetite for US ETFs and complaints of underperformance. 3. Diversification and better marketing are crucial for Ethereum to attract
ethereum
* The token for crypto social media platform friend.tech has plummeted after transferring ownership of its smart contracts to Ethereum's null address. * The transfer was made to prevent future changes to fees or functionality. * The platform's token, FRIEND, dropped by nearly 26% in the last 24
adviser
* Steven Nerayoff, early Ethereum adviser, sues law firm Covington & Burling for $100 million. * Nerayoff claims the firm mishandled his defense in a 2019 extortion case. * He alleges Covington lawyer advised him not to turn over evidence to US prosecutors. * Nerayoff gave evidence in June 2022, and charges were dismissed
ethereum
* Asset manager WisdomTree has requested to withdraw its Ethereum Trust S-1 filing with the SEC, more than three years after initially submitting it. * VanEck is closing its futures-based Ether ETF due to factors including performance, liquidity, assets under management, and investor interest. * The Ethereum Foundation plans to release a financial
bitcoin
* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation spends around $100 million per year and currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining money each year, providing a financial
bitcoin
* U.S. spot Bitcoin ETFs saw $211.1 million in net outflows on Thursday, marking the seventh consecutive day of negative flows totaling over $1 billion. * Spot Ethereum ETFs saw relatively minor movements on Thursday, with Grayscale's ETHE showing the only net outflows of $7.4 million. * Japan&
ethereum
* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining funds each year, providing a financial runway of approximately 10 years. * Community members
bitcoin
* 21.co, the parent company of 21Shares, is launching its own wrapped Bitcoin token called 21BTC on the Ethereum blockchain. * Wrapped Bitcoin allows traders to use their Bitcoin holdings in the Ethereum DeFi ecosystem. * The launch of 21BTC aims to enable DeFi's broader adoption and bring institutional-grade custodians