Ethereum News

Ethereum Foundation Reveals $970M Treasury, Holds 99.45% in ETH Assets

Ethereum Foundation holds $970.2M in treasury with 99.45% in ETH tokens Total Ethereum ecosystem treasuries reach $22.2B across foundations, organizations, and DAOs Optimism leads ecosystem treasury...

Vitalik Defends ETH Foundation’s Token Sales: “It’s About Risk Management”

The Ethereum Foundation has recently sold ETH instead of staking it, sparking community questions about their strategy.Vitalik Buterin clarified that sales fund research, development,...

Hemi Network Aims To Bridge Bitcoin and Ethereum for Secure Cross-Chain Transactions

Hemi Network facilitates cross-chain transactions between Bitcoin and Ethereum without intermediaries.Tunneling technology enhances security and reduces transaction fees and delays.Decentralized architecture ensures no single point of failure.Hemi...

Vitalik Buterin’s 800 ETH Sale Clarified: Philanthropy Over Profit

Vitalik Buterin clarifies his recent 800 ETH transfer was for philanthropy, not personal gain.Buterin's donations include significant contributions to animal welfare and biomedical research.The...

Sony Unveils Ethereum Layer-2 Blockchain Soneium, Expands Web3 Footprint

Sony Group Corp. announced the launch of its Ethereum Layer-2 blockchain, Soneium.The blockchain is developed in collaboration with Web3 infrastructure firm Startale Labs.Soneium will...

Inside Job? TruthLabs Alleges Ethereum Founders Involved in DAO Hack

TruthLabs claims Ethereum founders had direct involvement in the 2016 DAO hack.Christoph Jentzsch, a key Ethereum developer, allegedly interacted with the Blockchain Bandit before...

SEC Faces Decision Deadline on Ethereum ETFs

The SEC must decide today on Ethereum ETF applications.Several issuers, including VanEck, have submitted 19b-4 forms.Approval does not mean immediate trading as S-1 forms...

Brothers Charged in $25 Million Ethereum Fraud Scheme

Anton and James Peraire-Bueno are charged with wire fraud and money laundering.They allegedly stole $25 million in cryptocurrency through a scheme on the Ethereum...

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US-UK Trade Deal Sets New Terms While Maintaining Base Tariffs

The US-UK trade deal maintains 10% base tariffs but eliminates 25% steel and aluminum tariffs, creating a free trade...

Steak ‘n Shake to Accept Bitcoin at All US Locations Starting May 16

Steak ‘n Shake will start accepting Bitcoin as payment at all U.S. locations beginning May 16. The move...

Illinois Senate Advances Bill to Regulate Crypto Kiosks Statewide

Illinois lawmakers are advancing a bill to regulate operators of virtual currency kiosks. The proposed law would put these kiosks...

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