Category: ETH – Ethereum
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Ethereum Whale Awakens After Decade of Dormancy: $120 Million Staking Decision Signals Long-Term Conviction
A dormant Ethereum whale has emerged from ten years of inactivity in one of the most bullish demonstrations of altcoin conviction observable on-chain. The massive holder—whose address dates to Ethereum’s genesis block launch in July 2015—recently activated previously untouched tokens, moving 40,000 ETH valued at approximately $120 million and notably choosing to stake the entire amount rather than liquidating for profit on exchanges.…
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Mitosis App and the Future of Ethereum Restaking
Decentralized finance (DeFi) has undergone a remarkable transformation since its inception. What began as a niche experiment on the Ethereum blockchain has blossomed into a thriving ecosystem spanning multiple networks and offering a wide array of financial services. As of early 2024, Ethereum’s Layer 1 (L1) still dominates the DeFi landscape, accounting for approximately 60%…
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Unlocking Ethereum’s Potential: Ether.fi’s Trailblazing Path to Maximized Staking Rewards
Ethereum, the pioneering blockchain platform that revolutionized the world of decentralized applications, has recently undergone a transformative shift, transitioning from a Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). This pivotal move not only enhances the network’s scalability and energy efficiency but also paves the way for a more inclusive and democratized ecosystem. At the forefront…
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Discover Mode: The Future of DeFi on Layer 2
Introducing Mode, the modular Layer 2 DeFi platform. With the launch of the Mode Sunrise Mainnet and its first airdrop campaign, Mode is making waves by offering unprecedented opportunities for users and developers alike to shape the future of finance. This article delves into what makes Mode a game-changer in the DeFi space, how to…
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Puffy ETH Restaking: A Game-Changer in Ethereum Staking Ecosystem
The world of cryptocurrency has witnessed various innovative changes, and Ethereum staking is one of the most significant developments in recent times. Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. However, despite its benefits, Ethereum staking has been grappling with concerns of centralization and high…