Ethereum News

Founder of Estonia's LHV Bank Lost Access to $472M of Ether
"It's no secret that I have a wallet with 250,000 Ethereum units," Rain Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.

Nil Foundation CEO on New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
Ethereum research and development firm =nil; Foundation says its new Ethereum rollup will be the first ZK rollup that enables sharding. =nil; Foundation CEO and co-founder Misha Komarov discusses what this means for the Ethereum community and the broader blockchain ecosystem.

Near Foundation Joins Celestia in Race to Provide 'Data Availability' for Ethereum Rollups
The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."

New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows
Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.

Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.

The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying
The blockchain indexing protocol released a new roadmap to add features, in one of the project's biggest upgrades since a $50 million fundraising in 2022.

Avail, Data Availability Solution to Rival Celestia, Unveils 'Incentivized Testnet'
The announcement comes as Celestia's recent launch and airdrop has kindled interest in "modular" blockchain projects that can relieve the burden on primary networks like Ethereum.

Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.

Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.

Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'
According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products.
