Ethereum

ViceHub is a Solana and Ethereum-based NFT marketplace aiming to become the go-to platform for NFT art focusing on satire, parody, and meme comedy. The project is fresh on the market but has already debuted its first collection of satirical art. For example, the Lolita Adventures NFT series includes 26 NFTs, each a humorous portrayal of Bill Clinton's flight onboard the infamous "Lolita Express" private jet with Jeffrey Epstein. The auction for the first Lolita Adventures NFT, Flight One-II.IX.MMII is…

At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…

Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system.  However, since the Beacon launch…

Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta 0.3.0 introduces a variety of new features and improvements and fixes of existing functionalities. Starting on January 12th, 2023, Phase 1 was exclusively available for Primex Early Users, who could be the first to have a hands-on experience with Beta 0.3.0. From now on, Early Users will get privileged access to all major protocol updates in the future (beginning from Beta…

2022 saw crypto second-in-command the Ethereum network surpass Bitcoin in terms of transactions. Indeed, Ethereum reeled in four times the amount of transactions BTC processed in the past 12 months. Interestingly, despite this, BTC was able to retain its status as the best-known cryptocurrency, netting more searches than Ethereum did.  BTC Attracts the Most Online Interest in 2022 An analyst shared data on Reddit from financial services corporation Nasdaq alongside investment research platform Ycharts pertaining to both crypto assets. Per…

Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association. In addition, Astar Network’s founder and CEO, Sota Watanabe, bagged the Person of the Year award for the second consecutive year at the same event. Astar Network and Sota Watanabe emerged as the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA). The JBA is the…

In its latest report, crypto exchange Coinbase predicts the crypto bear market will extend for many more months. The company’s research team believes this year’s deleveraging cycle has harmed the investors' interest in altcoins. A Flight to Bitcoin and Ethereum Per the company’s report released on Wednesday, the multiple insolvencies plaguing the crypto industry have crushed investor confidence in the space. This is likely to extend the crypto winter well into 2023. “Constraints on liquidity may also disrupt normal market…

Arthur Hayes – co-founder of the crypto exchange BitMEX – broke down the macro backdrop to Bitcoin and Ethereum’s latest price pump.  The former CEO argued that the U.S. Treasury is responsible for the rally, due to upcoming plans to alter the supply of Treasury bills in the market.  RRPs, T-Bills, and Bitcoin Both Bitcoin and Ethereum broke out of trading ranges below $20,000 and $1400 respectively for the first time in weeks on Tuesday. The move was largely unexpected,…

Two of America’s top financial regulators may not see eye-to-eye on Ether’s legal status.  Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – reiterated on Monday that he views the asset as a commodity. However, he claims Securities and Exchange Commission (SEC) chairman Gary Gensler may think otherwise. Ether: Commodity or Security? The debate surrounding Ether will ultimately determine which agency has regulatory jurisdiction over the asset. Benham’s position aligns with what would give his agency…