Category: Ethereum 2.0

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Vitalik Buterin talks crypto’s perils in Time Magazine interview

The “prince of crypto,” as Vitalik is referred to in the magazine, said the cryptocurrency industry has an image problem. Ethereum co-founder Vitalik Buterin graced the front page of Time Magazine this month after he was interviewed by the publication about the potential perils of the industry he helped tocreate.  During the 80-minute interview, Buterin…
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Ethereum Merge testing on Kiln mostly successful, save for one minor bug

“Post-merge blocks are being produced by validators, and they contain transactions!” said Ethereum developer Tim Beiko. On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. “Merge”…
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Crypto Biz: Goldman Sachs tip-toes into ETH, Mar. 4-10

The megabank is offering investors access to Galaxy Digital’s ETH fund, while a16z just splurged $70 million on an Ether staking protocol. Wall Street’s embrace of digital assets is showing no signs of slowing down. In fact, they don’t even need to tell us about it as the proof is in the fine print. This…
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Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — Analyst

The downside outlook appears as Ethereum billionaire addresses continue accumulating ETH supply. Ethereum’s native token, Ether (ETH), will likely fall below $2,000, according to one popular market analyst. Ether paints a classic bearish continuation setup Pseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether’s price rebounded by over 3% to nearly $2,650,…
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LUNA flips Ethereum becoming second largest network for staked value

Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value. According to data from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared to…
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Andreessen Horowitz invests $70M in Ethereum staking protocol Lido

The venture capital firm said Lido’s liquid staking solution removes many “operational complexities” institutional investors have faced in staking ETH. Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021.  Andreessen Horowitz’s investment in Lido is intended to further support the…
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3 reasons why Lido DAO Token could be on the verge of breaking its downtrend

LIDO price made a double-digit move after the liquid staking platform added support for KSM and partnered with Apricot Finance to form a lending marketplace for SOL. Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition…
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Crypto community welcomes Ethereum zkSync testnet

The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum. zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive development by proponents of Ethereum, as…
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Avalanche growth sparks third-party cross-chain bridges

Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further. Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain. Avalanche blockchain supports multiple…
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‘We are 50% of the way there,’ says Vitalik on Ethereum’s development

In a two-hour Bankless podcast episode, the Ethereum co-founder discussed his plans to make Eth2 succeed. Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs…
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