The Ether Machine has purchased nearly 15,000 ETH worth $56.9 million, reinforcing its long-term strategy to build a large institutional-grade ETH treasury. The announcement coincides with Ethereum’s 10th anniversary and includes a $100,000 donation to the Protocol Guild.
Ethereum Turns 10: The Ether Machine Marks Milestone with Major ETH Buy
The Ether Machine marked Ethereum’s 10th…
Ever since Strategy, previously Microstrategy, began putting bitcoin ( BTC) into its company coffers, a significant number of other businesses have followed suit. Currently, various organizations are incorporating leading alternative coins into their financial holdings, and…
Gamesquare Holdings, Inc. (NASDAQ: GAME) has successfully completed a $70 million underwritten public offering, selling 46.7 million shares at $1.50 each, as part of a bold strategy to expand its ethereum (ETH) treasury. The capital raise underscores the company’s growing…
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift.
Bit Mining Allocates Up to $300M for Solana Integration
The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across the broader blockchain value chain…
Ethereum is a decentralized blockchain platform that enables programmable contracts, the creation of digital currencies, and applications, reshaping industries from finance to art through innovation and automation.
Understanding Ethereum’s Foundation
Ethereum, proposed in…
Vires in Numeris: Ethereum's Main Rival Grows in October, Flips BNB to Become the Fourth Largest Token
November 7, 2024
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and…
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to provide real-time visibility into the ethereum (ETH) reserves backing the ETF.
21shares Enhances CETH Transparency With…
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido…
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their…
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors for more volume…
