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Ethereum
Going full maxi: Tensions flare as Bitcoin expert maintains that altcoins are scams
Coder and Bitcoin maxi Jimmy Song reiterated long-held views that all altcoins are scams — renewing the debate around the inherent vulnerabilities found with centralized projects.
Song goes full maxi
In a tweet response to Chainstore Labs…
Crypto Scammers dupe over 14,000 people to make $6.4M from ‘fake token claims’
Crypto scammers made around 3,234 Ethereum (ETH) — worth over $6 million — from fake airdrops in the past nine months, according to a report by AegisWeb3.
The report showed that between August 2022 and May, the scammers defrauded 14,605…
CryptoSlate wMarket Update: HEX defies wider market downturn to lead top gainers
The cryptocurrency market saw net outflows of $12.3 billion over the last 24 hours and currently stands at $1.12 trillion — down 1.1% from $1.14 trillion.
During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps fell…
Ex-Ethereum developer calls OpenAI founder’s Worldcoin project ‘unrealistic and scary’
Piggybacking off the success of OpenAI’s ChatGPT, its founder Sam Altman is reportedly close to snagging $100 million in funding for his crypto project Worldcoin. The project had already raised $100 million at a valuation of $3 billion last…
Lido anticipates ‘large withdrawals’ as users’ staked Ethereum withdrawal requests increase
Liquid staking protocol Lido (LDO) anticipates its users making large staked Ethereum (stETH) withdrawals this week following the successful completion of its V2 upgrade.
Withdrawal request spikes
According to 21Shares researcher Tom Wan,…
Celsius withdraws over $800M stETH staked on Lido Finance following upgrade
Celsius Network moved roughly 428,083.6 stETH — worth more than $800 million — to a wallet used for unstaking from Lido Finance on May 16, Arkham Intelligence data shows.
The wallet address is:
“0x4A87EcDfb459eb36d25226D9CCd7Ec4f684AB3Fc“…
Bankrupt Celsius stake $57M worth of Ethereum: Arkham
Bankrupt crypto lender Celsius has resumed staking Ethereum (ETH), according to data shared by Arkham Intelligence.
Arkham reported that the bankrupt lender staked 30,800 ETH — $56.9 million — via staking solutions provider Figment during…
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…
Alternative to ERC-4337 proposes stateless account abstraction
The Ethereum community appears to be searching for alternative implementations of account abstraction than ERC-4337, which was launched this year at ETHDenver.
Stateless account abstraction on Ethereum
Developers on the Ethereum Research…
Ethereum experienced a 2nd finalization delay but has since recovered
Ethereum experienced a second finalization delay on May 12, developers said.
Terence.eth (@terencechain) wrote on Twitter:
“Mainnet is not finalizing again. Prysm is releasing a patch today. Will keep you updated!”
Later comments from…