Ethereum Foundation Stakes $46M, Pursues 70K ETH Target

The Ethereum Foundation has accelerated its treasury staking push, deploying $46.2 million in Ether in its largest move to date after the recent BitMine sale. On Monday, the foundation’s treasury multisignature wallet made 11 deposits into the Ethereum Beacon Deposit Contract, each of roughly 2,047 Ether (ETH), totaling 22,517 tokens worth roughly $46.2 million, according

White House App Prompts Privacy and Security Concerns

A new app from the US government has sparked concerns among users and researchers over potential location-tracking features, security vulnerabilities and data collection. The White House launched the app on Friday as a way for users to get a “direct line to the White House,” including receiving breaking news alerts on major government announcements, watching

Analyst: Ether Could Slide to $1,200

Ethereum’s native token, Ether (ETH), may decline 40% to $1,200 in the coming weeks, according to a fractal setup shared by analyst Leshka.eth. Key takeaways: Ethereum is mirroring a pattern that preceded 45% and 48% declines in the past. Macro risks and whale distribution hamper near-term outlook. Ethereum setup flashes bull trap warning Ethereum’s $1,200

Trader Turns $676 into $67K After UFC Announcement Error

The Polymarket trader quickly bought $676 worth of one-cent shares in Tyrell Fortune winning the fight after he realized the UFC announcer called out the wrong winner. A Polymarket trader turned $676 into $67,608 on Saturday by capitalizing on a rare mistake during a UFC heavyweight bout, where the wrong fighter was initially announced as

Aave Launches on OKX’s X Layer (Ethereum L2)

OKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1 trillion mark in cumulative lending volume. Aave, the largest decentralized lending protocol with $23.5 billion in total value locked, has launched on X Layer, an Ethereum layer-2 blockchain launched by crypto trading platform OKX.  It marks a milestone for X

Senate Hearing for Fed Nominee Warsh Likely Mid-April

The Senate Banking Committee is reportedly planning to hold its hearing on the nomination of Kevin Warsh as Federal Reserve chair as soon as the week of April 13, according to a report from Punchbowl News citing two sources familiar with the matter. In a report on Sunday, Punchbowl’s sources said the hearing date is

Prediction Market Activity Soars in March

Prediction market transactions have hit record highs in March, amid growing interest in political and geopolitical event contracts, improved accessibility and positive regulatory developments for the industry. According to prediction markets data tracked by Dune, the number of transactions for March is over 191 million so far, which is already a 2,838% increase compared to

Lido DAO Considers $20M LDO Buyback Using stETH Treasury

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO.  The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury

OnePay Expands Crypto Lineup on Walmart Superapp

OnePay, which is majority-owned by Walmart, has added more than a dozen crypto tokens to its offerings, according to the executive responsible for digital assets, who said they “meet a high bar” set by the banking app’s customers. Since launching in January, offering Bitcoin (BTC) and Ethereum (ETH) on its nascent crypto platform, OnePay on

Ethereum Economic Zone: Unifying L2 Rollups

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction. According to an announcement shared with Cointelegraph, the proposed “Ethereum Economic Zone” (EEZ) would allow smart
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