Ethereum News
Solana Funds Outshined Bitcoin Last Week Amid Down Market
Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.
Arbitrum Vaults Onto Layer 2 Leaderboard as DeFi Assets Cross $2B
The project aims to increase the speed and reduce the cost of transactions on Ethereum.
Ethereum Hashrate Reaches All-Time High
Computing power on the network has rebounded from China’s mining crackdown as demand picks up.
Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise
Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.
NFT Trading Volume Plummets but Analysts Say NFT Craze Is Far From Over
Daily trading volume on the top NFT marketplace has dropped by more than 80% over the past month.
Sotheby’s Auction of 101 Bored Ape NFTs Fetches $24M, Smashing Estimates
The eight-figure price implies an average sale of $241,515 per NFT.
Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No
The cultural cachet that makes fine art such a good investment will take years to build up around NFTs.
Market Wrap: Bitcoin Bullish Sentiment Fades as Selling Abates
Analysts expect sentiment to become more normal for September as bitcoin’s price consolidates.
Loot Parody Projects Raise $1M for Charity
As text-based NFT mania grows increasingly absurd, two developers are poking fun at the trend with drops that raise money for a good cause.
Eden Network Raises $17.4M to Shield Ethereum Users From Malicious Miners
The seed funding round will help the project fight the menace of MEV.
