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New users flock to Ethereum while long-term holders are less active than ever

New users flock to Ethereum while long-term holders are less active than ever

The percent of ether supply active in the long term is at an all time low, though new users are flooding to the network in high numbers.

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dYdX community votes to stake $60 million from treasury to boost security

The community of decentralized derivatives exchange dYdX has voted to stake 20 million dYdX Chain tokens, worth about $60 million at current prices, with Cosmos staking provider Stride in order to boost the economic security of the network and encourage stake diversity among its community.  The staked tokens will earn USDC rewards, which will be […]

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Aave Chan founder Marc Zeller teases upcoming ‘fee switch’ vote for Aave stakers

Decentralized protocols Aave, Frax Finance, and Uniswap are all in some stage of the process to turn on additional fees meant to benefit holders.

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Three crypto advocacy groups file amicus briefs in Tornado Cash developer Roman Storm’s case

Pro-crypto advocacy groups are warning that the decision in the Tornado Cash case could have wide-ranging effects for all software developers.

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Pantera Capital posts 66% gain for crypto fund last quarter, despite selling Bitcoin: Bloomberg

Despite selling off some of its “heavy” reserves of Bitcoin, Pantera’s investments in Solana and these other small tokens paid off.

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Bitcoin’s next halving now just two weeks away

Bitcoin’s next halving, when miners’ block rewards get cut in half, is now just two weeks away, according to The Block’s halving countdown.

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The Pulse: Unlike Luna, at least Ethena is willing to discuss its risks

Today’s topics include Ethena’s transparency around its risks, $2 billion of government bitcoin, the Wormhole airdrop and a new crypto fund.

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Bitcoin as ‘digital gold’ could enable continued demand as ETFs mitigate volatility: Coinbase

Hawkish views on potential Fed rate cuts have bolstered gold — which could lead to more demand for bitcoin, Coinbase says.

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Genesis purchased 32,041 bitcoins to repay customers after selling GBTC shares

Genesis purchased 32,041 bitcoins using the proceeds from the completed sale of nearly 36 million Grayscale Bitcoin Trust shares.

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What the Ethereum Community’s Staking Argument Is Really About

The Ethereum community is debating the power and responsibilities of the Ethereum Foundation, which some think is playing central banker by suggesting changes to the ether issuance formula.

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