TLDR: Based rollups use Layer 1 (L1) blockchain sequencers instead of their own They inherit L1 security, decentralization and liveness Based rollups can reduce costs and complexity compared to other rollups They align economic incentives […]
TLDR: Friend.tech transferred control of smart contracts to Ethereum null address FRIEND token price dropped over 30% in 24 hours after the transfer Total value locked on Friend.tech fell from $52 million to under $3.5 […]
TLDR: Ethereum (ETH) price is underperforming compared to the broader crypto market ETH price dropped 5.2% between Sept. 3-4, facing resistance at $2,550 Factors include declining network fees, weak spot ETF demand, and low staking […]
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges from competition and reduced network […]
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are available only […]
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due […]
TLDR Ethereum price recently increased above $2,650 A potential breakout towards $3,000 is being discussed The price dropped from $3,500 but may be finding a bottom Exchange reserves show signs of accumulation Key resistance levels […]
Vitalik Buterin clarifies ETH sales were for projects and charity, not profit. He held 325K ETH three years ago but now holds 240K ETH. Buterin has also defended Ethereum’s support for DeFi amid criticisms from […]
TLDR: Ethereum Foundation’s annual budget increased from $41 million in 2021 to $100 million in 2024 Vitalik Buterin disclosed his annual salary of ~$140,000 from the Ethereum Foundation The Foundation moved $94 million worth of […]
BlackRock launches Ethereum ETF (ETHA39) in Brazil via BDR on B3 stock exchange. Initial trading price set between R$40-R$50 with first-year fees halved to 0.12%. Brazil now has 15 crypto-linked ETFs. BlackRock has expanded its […]
© Copyright 2026 TheCryptoMagic.com
