Ethereum News

Ethereum's Daily Transaction Fees Drops to 8-Month Low of $2.8M
Ethereum's daily total fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26.

The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge
Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “ZK rollups,” reliant on "zero-knowledge" cryptography.

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
Average daily TPS on Base has risen by 156% in the past week.

Why Did Ethereum Co-Founder Vitalik Buterin Send $1M Worth of Ether to Coinbase?
Data from Ethereum blockchain scanning website etherscan shows that Vitalik Buterin deposited 600 ether (ETH), which is worth roughly $1 million, to crypto exchange Coinbase. "The Hash" panel discusses the potential reasons behind the Ethereum co-founder's recent transaction.

The Protocol: Blockchains Keep Launching, From Sei to Shibarium
The week in blockchain tech: Two much-hyped networks debut, though the launches weren't quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it's the blockchain security trend you didn't know you needed to know about.)

Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security
EigenLayer’s platform for "restaking" is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators.

How Much Crypto Does Former President Donald Trump Own?
A recently released filing with the U.S. Office of Government Ethics reveals that former U.S. president Donald Trump holds up to $500,000 in an Ethereum wallet. "The Hash" panel discusses former President Trump's crypto holdings and NFT collection.

Mysterious BALD Developer Sends $12M Back to Ethereum
The developer behind bald (BALD), one of the most viral tokens in recent months, transferred around $12 million in ether (ETH) back to the Ethereum network. This comes weeks after bald ran up to an $80 million capitalization before some actions caused prices to plunge 90%. "The Hash" panel breaks down the latest developments.

