Ethereum | Crypto

Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct. 5, extending their losing streak to five consecutive sessions, according to SoSoValue data. The products have shed $205.88 million […] The post Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows appeared first on CryptoSlate.

Sepolia marks one of the final major rehearsals before the final activation of Glamsterdam, aimed at bringing more efficiency and scalability to the Ethereum mainnet. Ethereum’s Glamsterdam upgrade has gone live on the Sepolia testnet, in one of the final major rehearsals before its mainnet activation. Glamsterdam went live on Sepolia on Tuesday at 1:53 pm UTC, Ethereum community contributor Pooja Ranjan announced in an X post.  The upgrade aims to advance Ethereum’s layer-1 scaling roadmap with enshrined proposer-builder separation, block-level access lists and changes to gas pricing that better reflect the cost of execution, the Ethereum Foundation announced in a Sept. 28 blog post. Read more

At ETHU's Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of exposure. If held entirely in standard CME Ether futures, that would equal 8,000 contracts, CME's single-month and all-month accountability level. The SEC approved Cboe BZX's rule change to list Volatility Shares' proposed ETHK […] The post Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million appeared first on CryptoSlate.

An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups. The Ethereum Economic Zone (EEZ) has tested an atomic transaction between Ethereum mainnet and a layer-2 network, according to a project contributor. On Tuesday, EEZ contributor Eduardo Antuña Díez shared the transaction and called it the “first atomic cross-chain” L1-to-L2 transaction. The transaction’s logs record a cross-chain call carrying 0.001 Ether (ETH) and a state update for a rollup. In an atomic transaction, linked actions across networks either all succeed or are all reversed if any part fails. Read more

One of Ethereum’s main validator clients updated its software hours before a Sepolia test that will raise the amount of work each block can hold to 200 million gas.

Coin Metrics rebuilt ETH Standard flows, but an outflow trading claim still needs the data available at the decision time. The post Ethereum’s past outflow charts can change when more exchange wallets are identified appeared first on CryptoSlate.

Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown. Ethereum layer-2 network Blast is shutting down after its operating costs exceeded the revenue generated by the chain. In a Friday post on X, Blast said it sees no “credible path” to making the network economically sustainable and asked users to withdraw their assets to Ethereum mainnet. “We launched Blast with the goal of building a self-sustaining chain for users and developers,” the team said. “Unfortunately, the economics of operating the chain no longer make sense.” Read more

Ethereum’s zkAPI is now live on mainnet, turning an earlier zero-knowledge API payment proposal into a working implementation for private, prepaid access. The Ethereum Foundation announced on Thursday that zkAPI, a system built with the Open Anonymity Project to let users pay for AI and other API services without revealing their billing identities, has gone live on Ethereum mainnet. Users deposit funds into an Ethereum vault, then use zero-knowledge proofs to prove they have enough credit to pay for API requests without revealing which deposits are theirs, according to a post from Vittorio Rivabella, AI coordinator at the Ethereum Foundation’s dAI team. One of the immediate use cases of the system is paying for the use of AI without linking the payment to a user. zkAPI issues short-lived API keys with predefined spending limits. Prompts are sent directly to the AI provider, while usage is settled separately through the payment layer. The project has also released a local client and software development kit, a...

Lido estimates up to about 45 days for exit, withdrawal and re-entry after MetaMask's Sept. 30 incident disclosure. The post MetaMask security scare pushes Ethereum validator exits to a nine-month high appeared first on CryptoSlate.

Prysm 7.2.0 supports the scheduled fork, but validators wanting a 200 million gas preference must configure it explicitly. The post Ethereum is preparing a 200 million gas push as its Layer 1 scaling strategy accelerates appeared first on CryptoSlate.

An Ethereum security researcher estimates about 0.36 ETH in rewards was diverted, while precautionary exits cover validators holding roughly 523,000 ETH.

MetaMask said it is investigating the threat internally and said it has found no immediate threat to its wallets. MetaMask has announced it is responding to a security incident affecting part of its infrastructure and is exiting affected staking validators as a precaution. In an update on Wednesday, MetaMask said it was addressing the ongoing threat internally and was working with external partners and security advisors. It did not share what the security issue was but said it has not identified any immediate threat to MetaMask wallets. Source: MetaMask Read more

Ethena highlighted Standard Chartered research as current USDe supply remains below the first milestone for revenue-funded token purchases. The post Standard Chartered says Ethena’s ENA could crush Bitcoin and Ethereum returns by 2028 appeared first on CryptoSlate.

The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.

The Nasdaq CME Crypto Index gives institutions one CME futures trade, but Bitcoin and Ether make up 86.29% of its nine-asset basket. The post CME Nine-Asset Crypto Basket Is 86.29% Bitcoin and Ethereum appeared first on Cryptonews.

Its remaining ETH gap is about $280 million at the company's reference price, against $672 million in reported cash and securities. The post BitMine nears 5% Ethereum threshold, yet stock valuation rules dictate its next move appeared first on CryptoSlate.

Glamsterdam will bring proposer-builder separation, block-level access lists and new gas pricing, while its mainnet date remains unset. Ethereum developers have scheduled the network’s next major upgrade, Glamsterdam, to activate on the Sepolia testnet on Oct. 6. Sepolia node operators must update both their execution-layer and consensus-layer clients before the activation, the Ethereum Foundation said Monday. One of Glamsterdam’s changes is enshrined proposer-builder separation. It will move the handoff between specialized block builders and validators into Ethereum’s protocol, reducing reliance on outside middleware. Read more

Ethereum's historical contract-held share fell as issuance expanded, while Tron's hovered near 1% in the study. The post USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show appeared first on CryptoSlate.

Cheaper proofs could widen verification while builders and provers still need the data to keep blocks and rollups moving. The post Ethereum’s next scaling leap may come from making everyone stop doing the same work appeared first on CryptoSlate.

Ethereum’s Vitalik Buterin said PeerDAS marked the start of Ethereum’s transition “from being just a blockchain to being something much more powerful.” Ethereum co-founder Vitalik Buterin said Ethereum’s Hegotá upgrade could be the network’s last “normal” fork before development shifts toward technologies that include recursive STARKs, automated formal verification, optimized consensus and quantum-safe cryptography.  On Sunday, Buterin said Hegotá, which is planned for 2027, is likely to be the final upgrade whose features and technology would still be recognizable to someone familiar with Ethereum in 2015.  He said PeerDAS, which allows nodes to verify data availability by sampling portions of data rather than downloading everything, marked the beginning of Ethereum’s transition “from being just a blockchain to being something much more powerful.”  Read more