Nansen: BAYC’s On-Chain Royalty Income Has Exceeded $58 Million, and Azuki’s Has Exceeded $43 Million
July 5 (Cointime) - According to Nansen’s NFT God Mode data, BAYC’s on-chain royalty income on Ethereum has exceeded $58 million, Otherdeed for Otherside has exceeded $52 million, Azuki has exceeded $43 million, and Pudgy Penguins has exceeded $7.2 million.
stETH's Popularity Rises as Supply on Exchanges Declines and Ethereum's Daily Chart Turns Red
July 5 (Cointime) - The popularity of stETH has been increasing, with more new addresses holding the token and its dominance in DeFi capital flows suggesting it has become a preferred collateral asset.
Ethereum vs NEAR Protocol: Contrasting Approaches to Blockchain Scalability
July 4 (Cointime) - Blockchain scalability is being tackled through two dominant approaches: Layer-2s and sharding. Ethereum is using rollup-centric L2s to scale its network, while NEAR protocol has opted for sharding. Both strategies have their unique solutions and challenges, with Ethereum prioritizing resilience and NEAR prioritizing a simplified user experience.
Institutional Investors Focus Strongly on Bitcoin as Cryptocurrency Surges to New Highs
July 4 (Cointime) - Institutional investors have been showing a strong interest in Bitcoin as it continues to surge and reach new price highs. According to CoinShares' Head of Research, Bitcoin-related products attracted $310.6 million in inflows over the past two weeks, marking a notable shift from the previous nine consecutive weeks of outflows.
Canadian Teens Charged with Stealing $4.2M in Bitcoin and Ethereum Through Spear Phishing Attack on Coinbase User
July 4 (Cointime) - Two Canadian teenagers have been arrested and charged with stealing $4.2 million worth of Bitcoin and Ethereum by posing as Coinbase support and gaining unauthorized access to a victim's exchange account. The teenagers reportedly had control over a total of $13.4 million in cryptocurrency.
Ethereum Whales Double Their Transactions in Two Days, Moving Almost $20 Billion in a Week
July 4 (Cointime) - Large holders of Ethereum, known as "whales," have been increasing their transaction activity on the blockchain, with transactions carrying at least $100,000 on the rise.
Crypto Analyst Predicts Solana Could Follow Ethereum's Parabolic Price Pattern
July 4 (Cointime) - According to a popular anonymous crypto trader, Solana (SOL) may follow the same price pattern as Ethereum (ETH) did in 2020-21. The trader suggests that Solana's price action is similar to ETH before it surged from $400 to nearly $5,000 in a matter of months.
Kava 14 Opens Native Cosmos Assets to Ethereum with Internal Bridge Upgrade
Kava 14 has launched an internal bridge upgrade, making roundtrip Cosmos to Ethereum asset conversion more seamless and secure. The upgrade gives Cosmos users and EVM dApp builders a better, more secure way to transfer native Cosmos assets to and from Kava EVM. By integrating the internal bridge at the blockchain and wallet levels, Kava offers a more seamless user experience.
Major Investors Make Substantial Investments in Ethereum and Bitcoin Options Contracts, Sparking Optimism for Second Half of Year
July 4 (Cointime) - Major investors, known as "whales," have made significant investments in options contracts for Ethereum and Bitcoin, leading to abnormal activity in the crypto space.
Ethereum Community Members Propose new Standard to mitigate DeFi Hacks
July 4 (Cointime) -According to The Block, members of the Ethereum community have proposed a new ERC-7265 standard to improve the security of DeFi protocols. The proposed ERC-7265 standard will enable a "Circuit Breaker" that allows DeFi protocols to easily add backup plans to their smart contracts and prevent tokens from leaving the contract in the event of a hack. As the ERC-7265 standard is a proposed standard, it remains to be seen whether the Ethereum core team will accept and implement it as the final standard.
