Ethereum Co-Founder Vitalik Buterin Executes Transfer of 3,000 ETH Worth $4.95 Million, Fueling Concerns of Further Price Declines
The wallet address associated with Ethereum co-founder Vitalik Buterin, labeled "vitalik.eth," has transferred 3,000 ETH worth approximately $4.95 million to the labeled-address "Vb 2." This follows Buterin's recent transfer of 600 ETH worth nearly a million to Coinbase. These large transactions have raised concerns among the crypto community about potential price declines. While Ethereum's price has shown signs of recovery, it is encountering resistance at the $1,660 and $1,670 levels, and failure to breach the latter could lead to continued downward movement.
HashKey Exchange Has Opened BTC/USD, ETH/USD Trading Pair Services to Retail Investors
According to an official announcement, HashKey Exchange has opened up deposit, withdrawal, and trading services for Bitcoin (BTC) and Ethereum (ETH) to retail investors. The exchange has also officially opened BTC/USD and ETH/USD trading pairs for retail investors.
Crypto Analyst Predicts Final Dip for Bitcoin Before Full-Blown BTC Bull Market – Here Are His Targets
According to a popular crypto analyst on social media platform X, Bitcoin is likely to experience a significant drop close to the $20,000 level before a surge above $50,000, marking the end of its downward trend. The analyst, Inmortal, believes that Bitcoin's current price action is similar to that of late 2019, when it fell from $10,000 to $6,000.
Delphi Labs Researcher: Proposed Regulations for Crypto Asset Brokers Clearly Characterize Various People Involved in DeFi As Brokers
Delphi Labs researcher lex_node stated on social media X (formerly Twitter) that the proposed financial regulations for cryptocurrency brokers have just been released, which explicitly categorizes various personnel involved in DeFi (including website operators communicating with wallets) as brokers. Many DeFi network applications that have US users will need to track users' profits and losses and issue tax reports to them every year.
Ethereum Public Testnet Holesky Genesis File Now Generated
According to Ethereum developer @parithosh_j, the genesis file for the Ethereum public testnet Holesky has been generated and will be released on September 15th at 22:00 Beijing time. It is initially configured with 1.46 million validator nodes (twice that of the mainnet) to test the limit of validator set size, as well as an initial issuance of 2 billion hETH testnet native tokens to address the shortage of gETH native tokens on the previous Goerli testnet.
Ethereum's Top 10 Addresses Now Control 35% of Total Supply Amidst Market Dip, Says Santiment
Despite the recent price crash of Ethereum (ETH), large players have been accumulating while smaller traders have been trying to offload their supply, leading to a concentration of ETH supply in the top 10 addresses. However, this does not indicate centralization of ETH. On-chain data provider Santiment explains that smaller traders are succumbing to fear, uncertainty, and doubt (FUD) during this market dip.
Snapshot Adds Support for Mantle Network
On August 25th, governance platform Snapshot announced support for the Ethereum Layer 2 network Mantle Network.
Applications for Taiko’s Inaugural Funding Program Will Close on August 31
August 25th, Taiko, an Ethereum Layer2 network based on zkRollup, recently announced its first funding program on its website. The program aims to discover and support innovative community members who are building and developing in the Taiko ecosystem, and provide the economic incentives and developer resources needed to achieve their vision.
The Total Number of Ethereum Beacon Chain Validators Exceeded 750,000, and the Q2 Growth Rate Exceeded 25%
According to the data on the Ethereum official website, the total number of validators on the beacon chain has exceeded 750,000, with a total network staking amount of 24,006,384 ETH. Historical data shows that the total number of Ethereum beacon chain validators surpassed 600,000 in early June, meaning that this indicator has increased by more than 25% in the second quarter.
Hope.money Released a New Roadmap To Build Next Gen Money in Three Phases
The distributed stablecoin project Hope.money has announced its new project roadmap to the community today:
