In an exclusive interview with Cointelegraph, Gavin Wood has said his biggest hope is making Web3 technology and cryptocurrency a socially beneficial public good. For Web3 to fulfill its true purpose, cryptocurrency transactions should become free of transaction fees, according to Gavin Wood, co-founder of Ethereum, Polkadot and Kusama. Speaking to Cointelegraph at the Web3 […]
The newly launched spot Ether ETFs posted positive net inflows despite being weighed down by $485 million bleeding from Grayscale’s Ethereum Trust, reports Cointelegraph. United States Ether exchange-traded funds (ETFs) posted net inflows of $106.6 million on their first day of trading despite massive outflows from Grayscale’s freshly-converted Ethereum Trust. BlackRock’s iShares Ethereum Trust ETF […]
When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter, reports Blockchain.news. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been […]
Major upgrades underway on Ethereum
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What has been described as the biggest change to Ethereum since its move to proof of stake in 2022, is dropping on 13 March 2024. The Dencun Mainnet Announcement details nine specific protocol upgrades that will change how data is stored, significantly reduce transaction costs, or gas fees, and a host of other changes. Coindesk’s […]
Forbes has announced that the latest iteration of its revered “Under 30” series will be etched onto the Ethereum blockchain for the first time, reports Cryptonews. The narratives of the exceptional individuals featured in the list will be permanently recorded on the blockchain, marking a significant foray into the intersection of traditional media and web3. […]