Ethereum News

Ethereum News

Finance

Pump.Fun Overtakes Ethereum With $2M in Daily Revenue to Take No. 1 Position

More than 11,500 tokens were created on Pump.fun on Monday.

Pump.fun overtakes Ethereum in revenue (Fikri Rasyid/Unsplash)

Tech

Tezos, Smart-Contract Blockchain of ICO Fame, Reveals Roadmap to Rejuvenate

The decade-old blockchain's development plan, which goes out through 2026, calls for splitting off transaction execution into a separate "canonical rollup" that would support multiple programming languages.

Tezos co-founder Arthur Breitman (Bradley Keoun)

Tech

Protocol Village: Algorand Foundation Positions New 'LiquidAuth' as Decentralized WalletConnect

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Tech

ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer

This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Tech

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.

Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)

Markets

Ether Traders Buy $4K Calls In Anticipation of Record High

Call buyers are implicitly bullish on the market.

Trading charts. (Asa E-K/Unsplash)

Tech

Protocol Village: Arcana Announces 'Chain Abstraction Protocol' to Remove 'Complexities of Bridging'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Finance

Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says

Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.

Ophelia Snyder, Co-Founder, 21Shares, at Consensus 2024 by CoinDesk, Austin, USA  (CoinDesk)

Tech

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Renzo Founding Contributor Lucas Kozinski (Renzo)