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Ethereum Network News

Binance introduced a new service for its customers - credit secured by NFT
The leading international blockchain ecosystem and the world's largest cryptocurrency exchange, Binance, has introduced a new service for its customers: credit secured against non-fungible tokens (NFT). Currently, only Ethereum is accepted as collateral for NFT.  Exchange customers can now use ...
Lido Finance announced the introduction of a second version of the protocol
Liquid-stacking platform Lido Finance announced the introduction of a second version of the protocol on May 15, following a three-day vote on a related proposal. Thanks to Lido V2, users will be able to return stETH for Ethereum. At the initial stage, almost 270,000 ETH is available in the ...
Test version of Ethereum cryptocurrency's EigenLayer retracking protocol released
On April 6, the EigenLayer restacking protocol for Ethereum (ETH) was introduced in a test version. EigenLayer offers a decentralised financial service specifically designed for node operators and validators of the ETH network. This protocol provides a number of features that allow: to block ...
MetaMask Institutional created a platform for single stacking ETH
MetaMask Institutional (MMI) has created an Ethereum (ETH) single-stacker platform that gives institutional clients the ability to 'single bets'. Through MetaMask's institutional wallet and storage service, four providers - ConsenSys Staking, Allnodes, Blockdaemon and Kiln - can be used for ETH ...
The chairman of the US SEC explained why the tokens working on the PoS protocol are securities
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), has suggested that cryptocurrencies using the Proof-of-Stake (PoS) protocol should be classified as securities under US law. Pos is a technology used in blockchains such as Ethereum, Cardano, Solana, Tezos and Algorand to ...
Ethereum holders joined a lawsuit to prevent the coin from being recognised as a security
A total of a thousand Ethereum holders have joined a class action lawsuit against the New York Attorney General to avoid having their cryptocurrency labelled as a security. Ripple's lawyer, John Deaton, takes up the case. John Deaton, founder of CryptoLaw, which specialises in legal protection for ...
Cybercriminal Wormhole used ETH to conduct transactions
Analysis shows that the hacker who caused the Wormhole Bridge attack, which led to the loss of $320 million, transferred most of the stolen funds. Transaction analysis showed that 95,630 ETH was sent to OpenOcean DEX and then exchanged for other assets such as Lido Finance Staked ETH (stETH) and ...
Etherium is still in the first place among blockchain
Etherium remains the main blockchain of choice for developers of decentralized applications (DApps). Despite a 9.37% decrease in the number of teams creating ETH products, this network remains in first place. Its main competitor, according to the DappRadar report, is Cardano. As more organizations ...
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