Ethereum-compatible layer-1 network Harmony has proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet. The proposal, announced on Sunday, comes weeks after an exploit that forced the network to plan a rollback of over 109,000 transactions. Harmony’s migration proposal Under the non-binding proposal, Harmony would take […]
Fundstrat co-founder Tom Lee expects Ethereum to outperform Bitcoin over the coming years, citing the ETH/BTC ratio breaking above a long-term downtrend and new demand drivers from Wall Street tokenization and agentic AI. In a post on X on August 17, 2026, Lee wrote that the tailwind for Ethereum in the next few years could […]
Ethereum researchers have ignited one of the network’s most heated debates since the Merge with a proposal to gradually cut staking rewards to zero once 50% of ETH’s supply is locked up. The proposal, known as EIP-8363 or “Tapered Issuance Burn,” aims to reduce what its authors describe as unnecessary security spending, but it has […]
Ether treasury company Bitmine Immersion Technologies continued its aggressive accumulation strategy, adding 10,399 Ether (ETH) last week and repurchasing 4.5 million of its own shares, according to a disclosure on Aug. 4. The company now holds 5,797,813 ETH, valued at approximately $10.9 billion, representing about 4.8% of Ether’s circulating supply of 120.7 million. Bitmine’s expanding […]
Ether (ETH) climbed 3% between Thursday and Friday, outperforming the broader cryptocurrency market as growing tokenization activity and the launch of Robinhood Chain boosted investor sentiment. However, the rally stalled below the $1,800 resistance level, and weak onchain and derivatives metrics suggest the asset remains vulnerable to a retest of $1,700 support. Tokenization and Robinhood […]
The Ethereum Foundation, the non-profit organization that oversees development of the Ethereum blockchain, has laid off approximately 20% of its workforce, according to an internal announcement reviewed by several news outlets. The cuts, confirmed on [Date of announcement – e.g., February 28, 2025], are part of a broader restructuring effort aimed at creating a more […]
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