Ethereum Foundation Scandal? Buterin Denies Allegations Of ‘ETH Dumping’

In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation’s financial practices and its contributions to the ecosystem. The controversy arose after a X user accused the Ethereum…

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Ethereum Co-Founder Buterin Introduces ‘The Splurge’ Upgrade

Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem. In his latest blog post titled “Possible futures of the Ethereum protocol, part 6: The Splurge,” Buterin delves into the technical intricacies of upcoming enhancements that seek to propel Ethereum…

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Ethereum Setting Up For A Potential Upward Breakout Rally, Here’s How

Crypto enthusiasts and investors’ confidence in a major rally for Ethereum, the second largest digital asset, has grown strongly following ETH’s renewed price performance, triggered by a rising optimistic sentiment in the general cryptocurrency market. A Bullish Breakout For Ethereum Looming Analyst at the IC News, an informative outlet on the X (formerly Twitter) platform,…

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Ethereum Researchers Leave EigenLayer Advisory Role Following Controversy — Details

Two Ethereum Foundation researchers Justin Drake and Dankrad Feist have disclosed the decisions to drop their advisorship positions with EigenLayer. The two experts took on this role with the restaking protocol earlier in May 2024 — but much to the disappointment of the crypto community. As reported by Bitcoinist, the prominent crypto figures took the…

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Ethereum Foundation Reveals $788M Crypto Holdings And New Conflict-Of-Interest Rules

The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets….

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Ethereum Founder Buterin Lays Out Possible Futures For ETH Protocol

In a blog post released on October 14, Ethereum co-founder Vitalik Buterin outlined potential future enhancements for the Ethereum protocol, focusing on technical improvements to its proof-of-stake (PoS) system. Titled “Possible futures of the Ethereum protocol, part 1: The Merge,” the post delves into strategies to improve stability, performance, and accessibility while addressing centralization risks….

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BlackRock Is Selling Bitcoin To Buy Ethereum, Will This Bullishness Trigger Another Altcoin Season?

New reports have revealed that BlackRock, the world’s largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.  BlackRock Dumps Bitcoin For Ethereum Lookonchain, a blockchain analytics…

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