The Ethereum Foundation Grant Provider address transfers 100 ETH to the associated address, sells it for 250,000 DAI and transfers it back to the foundation address
According to on-chain analyst @ai_9684xtpa's monitoring data, 5 minutes ago, the Ethereum Foundation Grant Provider address transferred 100 ETH to the associated address 0xd77...6c1f4, and immediately sold it for 250,000 DAI and transferred it back to the Foundation address.
About US$1.6 billion of pledged ETH was redeemed last week, the largest amount since Shanghai’s upgrade
Data released by 21.co on-chain data and research analyst Tom Wan showed that last week saw the largest-scale ETH redemption since the Shanghai upgrade, with 656,200 ETH (approximately $1.6 billion) being redeemed, with 85% of redemptions led by Figment and Celsius.
Based Rollups can reward Proposers first come first serve
Based rollups don’t need a complicated auctioning system to reward proposers if they are willing to sacrifice L2 MEV rewards
The Ethereum Foundation transferred 1,333 ETH, or used it for ecological funding
According to @ai_9684xtpa monitoring, the Ethereum Foundation transferred 1333 ETH worth 3.39 million US dollars to 5 addresses half an hour ago, which may be used for ecological funding.
In 2024, Crypto Summer Is Coming, and This One Will Be Different
Expect greater stability on Ethereum, the convergence of CBDCs and stablecoins, and progress on industrial applications of blockchain tech, says EY’s Paul Brody.
14699 ETH transferred from unknown wallet to Coinbase
According to Whale Alert monitoring, 14,699 ETH (about $37,580,713) was transferred from an unknown wallet to Coinbase.
Ethereum briefly fell below $2,600, with 24-hour gains narrowing to 7%
According to OKX market data on January 11th, Ethereum briefly fell below $2,600 and is currently priced at $2,605 with a 24-hour gain narrowing to 7%.
Social Flex #3 — Options
Currently Ethereum is a censorship resistant, credibly neutral state execution machine. It processes transactions according to predefined rules that allow anyone to write smart contracts, or more simply escrow accounts with programmatic rules and state changes. With this capability though, one can write malicious contracts.
On Trust Minimization and Horizontal Scaling
Ethereum is a permissionless world computer that possesses (arguably) the highest amount of economic security at the time of writing, acting as the settlement ledger for a vast number of assets, applications, and services. Ethereum does have its limitations – blockspace is a scarce and expensive resource on Ethereum layer one (L1). Layer two (L2) scaling has been seen as the solution to this problem, with numerous projects coming to market in recent years, mostly in the form of rollups. However, rollups, in the strict sense of the term (meaning rollup data is on Ethereum L1), does not allow Ethereum to scale indefinitely, only allowing up to few thousands of transactions per second.
The Ethereum Foundation address transferred 1,000ETH 2 hours ago
According to on-chain analyst Yu Jin's monitoring, 2 hours ago, the Ethereum Foundation address (0xde0) transferred 1,000 ETH ($2.38 million) to the 0x4e6 address. The 0x4e6 address is mainly used for the distribution of funds sponsored by the Ethereum Foundation. Since May 2021, this address has received and distributed a total of 40,900 ETH from the Ethereum Foundation.
