Tagged: ethereum

Fireblocks Comments on Ethereum (ETH) Pectra Upgrade’s User-Oriented Updates

The Ethereum blockchain underwent a transformative upgrade with the Pectra hard fork, introducing Ethereum Improvement Proposal (EIP-7702). Fireblocks has shared key insights after this update. This proposal, combined with Multi-Party Computation (MPC) technology, aims to enhance institutional wallet security and user experience. Fireblocks highlights this… Read More

The Ethereum (ETH) Pectra Upgrade: Unlocking Gasless USDC Transactions with EIP-7702

The Ethereum (ETH) blockchain is poised for a transformative leap with the Pectra upgrade, activated on the mainnet on May 7, 2025. This update, combining the Prague and Electra upgrades, introduces a suite of Ethereum Improvement Proposals (EIPs) aimed at enhancing scalability, usability, and user… Read More

Circle Paymaster Expands with Ethereum Pectra Upgrade, Supporting EOAs and Major Blockchains

Stablecoin and digital assets firm Circle has announced major updates to its Paymaster service, aligning with the recent Ethereum Pectra upgrade. On May 7, 2025, Jeremy Allaire, CEO of Circle, shared on X that Circle Paymaster now supports nearly any Web3 wallet across seven blockchain… Read More

Ethereum (ETH) Pectra Upgrade and EIP-7702 : A New Era for Externally Owned Accounts

On May 7, 2025, Ethereum is set to undergo a transformative upgrade known as Pectra, introducing sweeping changes to the Ethereum Virtual Machine (EVM). CertiK explained in a blog post that this milestone follows Binance Smart Chain’s Pascal upgrade on March 30, 2025, which implemented… Read More

Bolt’s Finance and Crypto App Aims to Streamline Digital Financial Services

Ryan Breslow, Founder and CEO of Bolt, has unveiled the Bolt Finance & Crypto Super App, now accessible from the Apple and Google Play Stores. With a vision to emulate the transformative impact of WeChat in China, Breslow’s latest venture aims to consolidate and simplify… Read More

Term Finance Reportedly Recovers $1M After Oracle Error Triggers $1.6M Loss in DeFi Market

In a recent incident impacting the web3 and decentralized finance (DeFi) space, Term Finance, an Ethereum-based platform offering fixed-rate lending, reportedly recovered $1 million of the $1.6 million lost due to a misconfigured oracle in its Treehouse (tETH) market. The error is said to have… Read More

Ethereum focused Open-Source Funding Platform Gitcoin to Close Primary Software Dev Unit

Gitcoin, an Ethereum-based platform for funding public goods and open-source projects, announced on Friday that it will close its primary software development arm, Gitcoin Labs. The decision reportedly stems from mounting financial pressures, with co-founder Kevin Owocki stating that achieving profitability for the unit was… Read More

Galaxy Digital Trades $106M in Ethereum for Solana Tokens, Signaling Shift in Digital Assets Allocation Strategy

Galaxy Digital (TSX: GLXY) recently traded $106 million worth of Ethereum (ETH) for Solana (SOL) tokens. According to blockchain analytics platform Lookonchain, this transaction unfolded over two weeks through Binance. The swap comes at a time when Ethereum faces significant challenges, including a historically low… Read More

Blockchain Interoperability : Ethereum and Cosmos Could Be Merged for Enhanced Functionality – Analysis

Ethereum and Cosmos, two major blockchain networks, are inching closer to seamless integration, which is a development that could redefine decentralized ecosystems, according to an update from CertiK. According to a recent CertiK research report, efforts to merge these protocols—through EVM-compatible chains, consensus-layer swaps, and… Read More

Ethereum (ETH) Pectra Upgrade to Go Live on May 7, Will Aim to Enhance Staking and UX with EIPs

Ethereum, the world’s second largest crypto by market cap and the leading smart contract platform, is gearing up for its next significant milestone: the Pectra upgrade. Initially hampered by configuration hiccups during testnet activations on Holesky and Sepolia, this Ethereum upgrade is now set to… Read More

Bitcoin (BTC) and Ethereum (ETH) Blockchain Network Milestones Signal Potential for Considerable Growth

Bitcoin (BTC) and Ethereum (ETH) have solidified their positions as robust, decentralized networks with potential for growth and adoption across web3 and DeFi. Recent milestones—Ethereum’s evolving ownership landscape and Bitcoin’s record-breaking hashrate (basically the amount of computing power securing the BTC network)—underscore their resilience and… Read More

Crypto Market Q1 2025 Update: Bitcoin Holds Steady Despite Geopolitical and Economic Tensions

The cryptocurrency and blockchain sectors have witnessed considerable activity in early 2025, with significant financial moves, regulatory shifts under the Trump Administration, as well as technological advancements shaping the landscape. From Clanker’s $13 million earnings in just five months to the US Securities and Exchange… Read More

Crypto Market Is Grappling with Macroeconomic Turbulence and Competition between CEXes and DEXes – Report

In its March 2025 edition of Bobby’s Crypto Aggregate, CoinGecko dives into a crypto market grappling with macroeconomic turbulence and fierce competition between centralized and decentralized exchanges. Authored by Bobby Ong, the research report captures a pivotal moment in Q1 2025, where President Donald Trump’s… Read More

EY Upgrades Nightfall, a Zero-Knowledge Roll-Up Enabling Private Transactions on Ethereum Blockchain

The EY organization announces it has updated the public domain source code for Nightfall1, a layer-2 roll-up that enables private transactions on the public Ethereum blockchain and the “development of privacy-focused enterprise blockchain solutions.” This updated version of Nightfall replaces the optimistic roll-up with a… Read More

Blockchain Platform Kadena Aims to Solve Ethereum Scalability with Chainweb EVM

Kadena, the “scalable” blockchain technology provider, has announced Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network. Chainweb EVM reportedly positions Kadena as a decentralized alternative to Ethereum Layer 2s, with “near-zero gas fees, infinite scalability, and energy-efficient Proof of Work… Read More

Blockchain Security Firm SlowMist Uncovers $300K Attack on Ethereum based Trading Platform

On March 30, 2025, SlowMist, a blockchain security firm, reported a significant breach in the Ethereum-based leveraged trading platform SIR.trading (@leveragesir). The company’s MistEye security monitoring system detected the attack, which led to a loss exceeding $300,000 in digital assets. This incident underscores the persistent… Read More

Bitcoin and Crypto Market Showing Signs of Resilience But Broader Economic, Political Developments Are Negatively Impacting Investor Sentiment

The Bitcoin and broader cryptocurrency market is experiencing a whirlwind of activity as we close out the first quarter of 2025. From institutional investments and regulatory shifts to innovative stablecoin developments, the past week alone has delivered updates that signal a maturing yet overly cautious … Read More

Aave Integrates Chainlink SVR on Ethereum (ETH) Mainnet to Recapture Liquidation MEV, Boost Protocol Revenue

Chainlink, the “standard” for onchain finance, BGD Labs, a Web3 development initiative focused on the Aave ecosystem, and Aave Chan Initiative, one of the forces behind the Aave protocol, announced that the Aave DAO community has integrated Chainlink Smart Value Recapture (SVR) on Ethereum (ETH)… Read More

Bitcoin and Ethereum focused nxtAssets GmbH Becomes Crypto ETP Issuer at SIX Swiss Exchange

SIX welcomes nxtAssets GmbH as the latest issuer of Exchange-Traded Products (ETPs) with cryptocurrency underlyings. nxtAssets GmbH reportedly lists two new products, one on Bitcoin and one on Ethereum. With this launch, nxtAssets GmbH becomes the “18th issuer of crypto ETPs on SIX, bringing the… Read More

Ethereum (ETH) Scaling : MegaETH Launches Testnet, Reportedly Achieves 20K TPS

Ethereum, the largest smart contract platform in terms of market cap and overall adoption across the DeFi space, has grappled with scalability and performance bottlenecks, but a new development—MegaETH—offers a potential solution to these technical challenges. MegaETH recently debuted its public testnet, which is described… Read More

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