Ethereum | Crypto

Ethereum’s latest “funding crisis” has triggered a fierce debate over whether to tax staking rewards or to pursue funding from large ETH holders for new organizations like EthLabs. Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether holders to bankroll its ecosystem? At the center of the debate is a controversial proposal from Kleros co-founder Clément Lesaege. He suggested redirecting up to 10% of validator rewards to ecosystem funding through a protocol-level mechanism called Validator Redirected Revenue. Read more

The incident turned bridge security from an abstract trust model into an immediate withdrawal test for users. The post Crypto users told to pull funds after Ethereum L2 bridge failure exposes rollup exit risk appeared first on CryptoSlate.

Sharplink says the new nonprofit, Ethlabs, “exists to ensure the network is ready to absorb” the demand that institutions will place on it with stablecoins, tokenization and AI. Former Ethereum Foundation contributors and Ether treasury firms Bitmine and Sharplink have backed a new research and development nonprofit that aims to make Ethereum ready for institutional use. Sharplink said on Monday that the organization, Ethlabs, was formed to “ready Ethereum for the next phase of institutional adoption,” with the company pitching in with Bitmine, Ethereum co-founder Joe Lubin and other Ethereum contributors on its funding effort. “As stablecoins, tokenized real-world assets, funds and autonomous AI commerce move on-chain, they are converging on Ethereum as the neutral, credibly permissionless settlement layer for the global economy,” Sharplink said. “Ethlabs exists to ensure the network is ready to absorb that demand at scale.” Read more

The leading Ethereum treasury firm inched closer to its goal of accumulating 5% of the ETH circulating supply.

Ethereum core contributors are debating a structural overhaul that could redirect Ethereum staking rewards toward ecosystem development. The protocol-level proposal seeks to solve a persistent coordination failure of funding public goods within the broader Ethereum ecosystem. Open-source security tools, client upgrades, and network maintenance benefit all users, but financial support often falls short because participants […] The post ETH stakers could see rewards cut as Ethereum fights to fund its future appeared first on CryptoSlate.

The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich attacks, lost more than $7.5 million in an allowance drain after its automated system authorized attacker-controlled contracts to spend its tokens. The bot, known as Jaredfromsubway.eth, approved a series of transactions that appeared to be part of profitable trading routes. Those permissions remained active, […] The post Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft appeared first on CryptoSlate.

The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Former Ethereum Foundation contributor Trenton Van Epps warned that Ethereum is facing a core development funding crisis that will highlight the need for new funding sources in the next three to nine months. The former contributor wrote in a blog post on Thursday that the Ethereum Foundation's spending reduction and the expiration of the Client Incentive Program in April left the network's core development ecosystem requiring about $30 million in annual funding. Citing recent conversations with core development contributors, Epps said Ethereum risks entering a “slow-burning funding crisis." Read more

The XRP Ledger (XRPL) drew more new tokenized real-world asset capital than Ethereum, Solana, and other major blockchains over the past three months, giving XRP bulls a fresh network-growth argument as traders rebuild exposure to the token. XRPL recorded $1.9 billion in net real-world asset inflows over the last 90 days, ahead of Ethereum’s $1.6 […] The post XRP just beat Ethereum, Solana and others in 90-Day RWA flows as traders pile back into the token appeared first on CryptoSlate.

The SPHINCS- proposal aims to reduce the cost of post-quantum signature verification on Ethereum while the network works toward a longer-term solution. Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation's Kohaku project lead Nicolas Consigny. In a Saturday X post, Consigny shared a paper proposing a cheaper way for Ethereum users to protect their accounts against future quantum-computing threats. The approach adapts SPHINCS+, a post-quantum signature standard developed by the US National Institute of Standards and Technology, to work more efficiently on Ethereum. Dubbed “SPHINCS-,” the proposal aims to reduce onchain verification costs without requiring a protocol change or precompile. Consigny described SPHINCS- as a bridge toward a future post-quantum signature system dubbed “leanSPHINCS,” which aims to further reduce verification costs through aggregation. Read more

In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in ETH itself.

BEAT has reached its most overbought readings on record, raising the odds of a 35% price decline in the coming days. BEAT, the native token of AI music platform Audiera, has exploded higher over the past month, surging more than 1,500% to a record high of $9.20 even as Bitcoin (BTC) and Ether (ETH) fell roughly 25% and 30%, respectively, in the same period. BEAT/USD vs. BTC/USD and ETH/USD 1-month price performance. Source: TradingView Read more

pERC-20: Ethereum's New Private Token Standard Explained The post Ethereum News: Ethereum’s pERC-20 Proposal Would Make Token Transfers Private by Default appeared first on Cryptonews.

In this week's edition of The Protocol Newsletter, we're looking at where privacy is headed in the Ethereum ecosystem.

The fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins.

Circle Launches cirBTC to Challenge WBTC on Ethereum The post Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market appeared first on Cryptonews.

The company added nearly 127,000 ETH over the past week and now has more than 4.7 million Ether staked through its validator infrastructure. Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum's total supply. The company said it has now reached 92% of its stated goal of acquiring 5% of Ethereum's total supply, a strategy it calls the “Alchemy of 5%.” It added that 4.72 million ETH (ETH), or about 85% of its holdings, are currently staked through validator infrastructure, worth roughly $7.7 billion at current prices. Bitmine projected $230 million in annualized staking revenue from its current staked ETH position, with rewards potentially rising to $270 million if its holdings are fully staked through MAVAN and other staking partners. Read more

Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token deeper into institutional portfolios. Data from CryptoSlate shows that the second-largest cryptocurrency fell to as low as $1,506 during the last 24 hours, its weakest level since April 2025, extending a broad crypto selloff […] The post Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned appeared first on CryptoSlate.

Wallet data shows Ethereum has over three times as many holders as Bitcoin.

In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.

Thomas Lee's BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares […] The post Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion appeared first on CryptoSlate.