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news-imageOctober 21, 2024

Vitalik Buterin: Ethereum Founder Addresses Centralization Concerns in Proof-of-Stake System

Ethereum founder Vitalik Buterin outlines centralization risks in the network's proof-of-stake system and proposes solutions to maintain decentralization and security as the platform scales.
Publisher: Blockonomi
Sentiment: Neutral
ETH

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Positive
cover-imageCrypto Economy
October 21, 2024

Bitcoin and Ethereum Lead Digital Asset Inflows of $2.2 Billion—Election Optimism at Play?

TL;DR Digital Asset Flows: $2.2 billion in inflows were recorded, the highest figure since July, driven by US election optimism. Bitcoin Dominance: Bitcoin led inflows with $2.13 billion, while Ethereum and some altcoins also saw minor increases. Regional inequality: The US showed positive inflows of $2.3 billion, in contrast to smaller outflows in other markets.

Negative
cover-imageBitcoinist
October 21, 2024

Why Are Spot Ethereum ETFs Underperforming? Bitwise CEO Reveals

The launch of spot Ethereum exchange-traded funds (ETFs) has not met the high expectations set by their Bitcoin counterparts, leading industry experts to analyze the underlying reasons. Since their inception on July 23, all spot ETH ETFs have seen outflows of $463 million, according to Farside Investors data.

Positive
cover-imageCrypto Economy
October 21, 2024

Buterin Proposes Strategies to Prevent Staking Centralization in Ethereum's ‘Scourge' Upgrade

TL;DR Vitalik Buterin proposes strategies to prevent staking centralization in Ethereum's ‘Scourge' upgrade, focusing on mitigating risks associated with PoS centralization and Maximal Extractable Value (MEV). Key solutions include implementing an encrypted mempool to prevent transaction censorship and introducing a two-tier staking system to manage capital provision and reduce risks.

Positive
cover-imageInvezz
October 21, 2024

Crypto millionaire predicts new highs for Solana (SOL) and Ethereum (ETH) in Q4 2024, names best altcoin under $1 for 5000% ROI by 2025

Thanks to the recent positive movements of these coins, a well-known crypto millionaire anticipates Ethereum (ETH) and Solana (SOL) will reach new heights during the fourth quarter of 2024. More importantly, the less than a dollar new altcoin Rexas Finance (RXS) is predicted to yield in 2025—5000%.

Positive
cover-imageBenzinga
October 21, 2024

Ethereum Co-Founder Vitalik Buterin Says 'Baptisms Of Fire' In Cryptocurrency Will Catalyze Growth For Bitcoin And Other Digital Assets

In a recent conference held in Singapore, Vitalik Buterin, co-founder of the Ethereum (CRYPTO: ETH) blockchain, expressed his positive outlook on the future of cryptocurrencies, despite recent industry challenges. What Happened: Buterin highlighted the importance of the “baptisms of fire” that the crypto industry has undergone, in an interview with Nikkei Asia published on Monday, which has exposed its weaknesses and spurred necessary improvements.

Positive
cover-imageUToday
October 21, 2024

Vitalik Buterin Unveils 4 Major Milestones for Ethereum

Four significant benchmarks that Ethereum hopes to hit in the upcoming years were outlined by Vitalik Buterin in his Shanghai speech. Ethereum's future and its position as the top smart contract platform are expected to be shaped by these significant achievements.

Negative
cover-imageCointribune
October 21, 2024

Crypto: Vitalik Buterin Reveals The Flaws Of Ethereum Staking

Vitalik Buterin, co-founder of Ethereum, recently sounded the alarm about what he sees as "one of the biggest risks" to blockchain: the centralization of staking. In a blog post published on October 18, 2024, Buterin details the potential dangers and proposes solutions as part of the upcoming "Scourge" update to the network.

Positive
cover-imageTokenpost
October 20, 2024

$50B in Ethereum Locked as Accumulation Wallets Soar 65% in 2024

Over $50 billion worth of Ethereum has been locked in accumulation wallets, a 65% jump since the start of 2024, reflecting the growing confidence of long-term investors in the cryptocurrency market. Ethereum Accumulation Reaches $50B Mark A crypto analyst estimates that there is almost $50 billion worth of Ether in accumulation wallets at the moment, which is almost 65% more than at the start of 2024.

Positive
cover-imageNewsBTC
October 20, 2024

Ethereum Upside Target Around $2,800 As Price Tests Key Resistance

Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin's recent rally.

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