Ethereum News

Massive Abraxas Capital ETH Transfer to Binance Sparks Speculation

A significant movement in the cryptocurrency market has caught the attention of on-chain observers. Abraxas Capital, a London-based investment manager, has reportedly transferred a substantial amount of Ethereum (ETH) to the Binance exchange. This notable ETH transfer involves 36,520 ETH, valued at approximately $96.2 million based on recent prices, according to data shared by Lookonchain […]

Ethereum News

Société Générale Stablecoin: Banking Giant Makes Bold Ethereum Move

The world of finance is witnessing a fascinating convergence, and the latest development comes from a major European banking player. The announcement of a **Société Générale stablecoin**, specifically from its subsidiary SG Forge, marks a significant step for traditional finance (TradFi) venturing deeper into the digital asset space. This move isn’t just another crypto project; […]

Ethereum News

Succinct Unleashes Powerful SP1 Hypercube for Lightning-Fast Ethereum zk-Proving

The race for faster, more efficient **Ethereum scaling** just got a major boost. Paradigm-backed startup **Succinct** has unveiled a potentially game-changing technology: the SP1 Hypercube. This next-generation **zkVM** (zero-knowledge Virtual Machine) promises to bring real-time **zk-proving** closer than ever before, addressing a critical bottleneck in scaling solutions for the **Ethereum** network. What Exactly is a […]