Dutch Authorities Arrest ZKasino Scam Suspect, Seize $12.2M
Dutch authorities have made an arrest in connection to the recent scam around the relatively new crypto project ZKasino. The suspect’s detention has been extended for an additional 14 days.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
Dutch authorities have made an arrest in connection to the recent scam around the relatively new crypto project ZKasino. The suspect’s detention has been extended for an additional 14 days.
On the 28th and 29th of April, the network witnessed the creation of 266.6K new wallets, marking the most substantial two-day surge in network expansion since October 8th and 9th, 2022.
The revelations come a few days after Consensys sued the US SEC for attempting to label Ethereum amid decreased odds of spot Ether ETF approval.
Santiment revealed that the average fee for transactions on the ETH network has been reduced to $1.12 per transaction
Consensys has argued that Ethereum is not a security but a global computing platform and its DeFi platforms are not securities brokers.
The debate on whether Ethereum should be classified as a security or not holds significant implications for the potential approval of an Ethereum ETF
Ethereum (ETH) price is on the cusp of a major uproar to retest its all-time high amid the looming US SEC’s final decision on spot Ether ETFs.
A breakout from the tight upper Bollinger Bands at $0.69 could signal a bullish run for XRP.
This price flunctuation has prompted some large investors, commonly referred to as “whales”, to initiate a substantial sell-off of their ETH holdings.
The technology employed by Puffer Finance allows Ethereum validators to reduce their staking capital to 1 Ether, dropping significantly from the 32 ETH required by individual stakers. Puffer is the third-largest liquid restaking protocol in terms of TVL.
The whales’ resilience in continuing to buy appears to be yielding positive results, as the Ethereum market has witnessed a bullish resurgence, amassing over a 14% gain in the last 48 hours.
The Ethereum Improvement Proposal (EIP) 3074 proposal would be part of the upcoming Pectra upgrade and will feature a social recovery tool to retrieve the lost private keys.
Different experts have different ideas about how the actions of these big market players will affect Ethereum price in the short term.
P2P.org launched an entirely novel concept called Staking-as-a-Business (SaaB) to change the approach that companies implement staking services.
The concept of anti-correlation penalties, as described by Wahrstätter, is closely linked to the idea of countering the advantages of economies of scale.