https://cryptonews.com/news/after-eight-years-of-dormancy-long-forgotten-ethereum-ico-wallet-resurfaces-with-15-million-worth-of-funds.htm
At the time of the ICO 1x ETH was sold for around $0.31 therefore the 8000 ETH would have cost the owner around $2480 back in 2017. Those 8000 ETH are now worth around $15 million today.
The article suggests the funds may have been dormant on a Ledger and since Ledger launched their Recover service many people have been taking crypto off Ledgers as a safety precaution.
Topic: [ANN] Ethereum: Welcome to the Beginning - page 5. (Read 2003740 times)
https://cointelegraph.com/news/dormant-ethereum-ico-wallet-awaken-years
"The wallet received 8,000 ETH after participating in Ethereum’s ICO (initial coin offering) in 2015 and remained inactive until May 27. On that day, its owner began with a cautionary transfer of 1 ETH to a new wallet. One minute later, they transferred the remaining 7,999 ETH to the new wallet address.
At the time of writing, the ETH stash is worth approximately $14.7 million.
This transaction was first noticed by blockchain analytics service Lookonchain, which informed its 219,000 Twitter followers of the transfer."
https://etherscan.io/address/0x6ccb03acf7f53ce87aadcc21a9932de915f89804
"The wallet received 8,000 ETH after participating in Ethereum’s ICO (initial coin offering) in 2015 and remained inactive until May 27. On that day, its owner began with a cautionary transfer of 1 ETH to a new wallet. One minute later, they transferred the remaining 7,999 ETH to the new wallet address.
At the time of writing, the ETH stash is worth approximately $14.7 million.
This transaction was first noticed by blockchain analytics service Lookonchain, which informed its 219,000 Twitter followers of the transfer."
https://etherscan.io/address/0x6ccb03acf7f53ce87aadcc21a9932de915f89804
On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s scaling issues and the other layer-one “clones” that have popped up in its wake, the Ethereum ecosystem is still where the action is:
“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”
https://cointelegraph.com/news/roger-ver-ethereum-catalyst-for-crypto-adoption
“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”
https://cointelegraph.com/news/roger-ver-ethereum-catalyst-for-crypto-adoption
https://www.msn.com/en-us/money/savingandinvesting/edcon-2023-emphasizes-mass-ethereum-layer-2-adoption-vitalik-buterin/
"As one of the largest gatherings of the Ethereum and blockchain communities, the EDCON 2023 (Community Ethereum Development Conference) started on May 19 and ends on May 23, 2023.
EDCON 2023 features keynote addresses, technical seminars, and panel discussions on Blockchain Regulation, Layer 3, Decentralized Society, Decentralized Governance, and the Network State, amongst others.
EDCON 2023 has assembled the brightest minds of the Ethereum community, including Vitalik Buterin (co-founder of Ethereum), Balaji Srinivasan (author of the Network State), Scott Moore (co-founder of Gitcoin), Primavera De Filippi (Blockchain researcher at CNRS and the Berkman Klein Center at Harvard University), Tim Beiko (Ethereum Foundation), Barry Whitehat (Ethereum Foundation), Cy Li (Director of De University of Ethereum), among others. "
So wild. Right now there are 62,900 ETH validators waiting to deposit in queue taking 34 days 1 hour.
At the same time, there are 22 ETH validators exiting to withdraw in queue taking minutes.
Withdrawals were like the most bullish thing possible, apparently.
At the same time, there are 22 ETH validators exiting to withdraw in queue taking minutes.
Withdrawals were like the most bullish thing possible, apparently.
In a tweet on May 17, 2023, Sheffield said that Visa would continue researching and experimenting with account abstraction and EIP-4337 in the days ahead.
His comments were confirmed by a team member who said that the payments company is actively exploring the potential of smart contracts and the future of programmable money and payments.
As part of its experiment on the Goerli testnet, Visa will look at how it can further take advantage of EIP-4337 in deploying a functional paymaster smart contract to evaluate its utility.
https://www.newsbtc.com/news/ethereum/visa-deploys-paymaster-smart-contract-on-ethereum-testnet/
His comments were confirmed by a team member who said that the payments company is actively exploring the potential of smart contracts and the future of programmable money and payments.
As part of its experiment on the Goerli testnet, Visa will look at how it can further take advantage of EIP-4337 in deploying a functional paymaster smart contract to evaluate its utility.
https://www.newsbtc.com/news/ethereum/visa-deploys-paymaster-smart-contract-on-ethereum-testnet/
The Ethereum blockchain suffered from a technical issue on Friday that caused the network to stop finalizing blocks for over an hour, the second such outage in the past 24 hours and it could happen again.
https://btcbit.net/news/ethereum_developers_have_released_a_patch_to_fix_network_failures"The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.
Large-scale failures occurred on May 11 and 12, when the Ethereum network faced the problem of block finalization twice in a day. The first incident lasted 25 minutes, and the second more than an hour. There are speculations that this could be related to ether staking and MEV bots. The Ethereum Foundation claims that they are still investigating the reliable cause of the failures. Most likely, it is in high load on some clients.
Superphiz, an Ethereum developer and Beacon Chain consultant, assured via Twitter that the impact of the disruption is minimal and does not pose a threat to users. Transactions were not stopped, the blockchain continued to work, and failures did not affect network activity in any way."
The Ethereum blockchain suffered from a technical issue on Friday that caused the network to stop finalizing blocks for over an hour, the second such outage in the past 24 hours and it could happen again.
BCH 3 days till the biggest upgrade in its history.
Nobody is using this coin. Blocks are empty and it is generally dead.
We all love ETH in some way...but this is something to be worried about....
The Ethereum mainnet was unable to fully confirm transactions for about 25 minutes on Thursday, with blocks getting proposed but not being finalized. Users of the blockchain saw that their transactions were going through. However, during the 25-minute span, they were at risk of being altered because of the malfunction.18 hours ago
btc core...clogged up, slow, very expensive...unusable
ETH..downtime...for just under 30mins...slow...expensive..unusable
Its time for people to wake up...
BCH with the new upgrade will be like OG BTC and ETH POW combined with super speed(near instant) and ultra low fees(fractions of a cent)...No need for POS.
BCH will be the most powerful and decentralized smart contracts platform in the world.
There will be dex's like Uniswap...stablecoins...RWA'S.... Grin
This will be the place to build smart contracts without the worry of supply controlled by VC's on POS chains....
BCH 3 days till the biggest upgrade in its history.
https://www.binance.com/en/support/announcement/binance-will-support-the-bitcoin-cash-bch-network-upgrade-5b99b3ffdb4f4954aa5896ad269c5433
The Ethereum mainnet was unable to fully confirm transactions for about 25 minutes on Thursday, with blocks getting proposed but not being finalized. Users of the blockchain saw that their transactions were going through. However, during the 25-minute span, they were at risk of being altered because of the malfunction.18 hours ago
btc core...clogged up, slow, very expensive...unusable
ETH..downtime...for just under 30mins...slow...expensive..unusable
Its time for people to wake up...
BCH with the new upgrade will be like OG BTC and ETH POW combined with super speed(near instant) and ultra low fees(fractions of a cent)...No need for POS.
BCH will be the most powerful and decentralized smart contracts platform in the world.
There will be dex's like Uniswap...stablecoins...RWA'S.... Grin
This will be the place to build smart contracts without the worry of supply controlled by VC's on POS chains....
BCH 3 days till the biggest upgrade in its history.
https://www.binance.com/en/support/announcement/binance-will-support-the-bitcoin-cash-bch-network-upgrade-5b99b3ffdb4f4954aa5896ad269c5433
https://twitter.com/AltCryptoGems/status/1656293008139010049?
"mewWatch: the number of $ETH validators who behave in accordance with the U.S. Treasury Department's sanctions policy has dropped to 27% from a record 79% in November 2022."
Apparently the gingerbread is over!
https://www.ethnews.com/is-ethereum-founder-vitalik-buterin-planning-a-sell-off-fortune-move-sparks-imminent-sell-off-speculations/
Wallet addresses linked to Ethereum founder Vitalik Buterin are on the move, sparking fears of a possible selloff.
Recent transfers show Buterin’s wallet moving 3,500 ETH worth about $6.56 million to another address.
"mewWatch: the number of $ETH validators who behave in accordance with the U.S. Treasury Department's sanctions policy has dropped to 27% from a record 79% in November 2022."
Apparently the gingerbread is over!
https://www.ethnews.com/is-ethereum-founder-vitalik-buterin-planning-a-sell-off-fortune-move-sparks-imminent-sell-off-speculations/
Wallet addresses linked to Ethereum founder Vitalik Buterin are on the move, sparking fears of a possible selloff.
Recent transfers show Buterin’s wallet moving 3,500 ETH worth about $6.56 million to another address.
Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, validators earned 24,997 Ether in the week, representing a 40% increase over the previous week’s income of $33 million, when 18,339 ETH were distributed as rewards.
https://cointelegraph.com/news/ethereum-validators-earn-a-record-46m-as-staking-rewards-rate-surges
Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, validators earned 24,997 Ether in the week, representing a 40% increase over the previous week’s income of $33 million, when 18,339 ETH were distributed as rewards.
https://cointelegraph.com/news/ethereum-validators-earn-a-record-46m-as-staking-rewards-rate-surges
If you stumble upon a vulnerability or bug you could be inline for a huge bounty. According to Ethereum Foundation the maximum bounty reward has been increased to $250,000.
The previous highest paid was $50,000 to a user who reported Lighthouse beacon nodes crashed after receiving BlocksByRange messages containing large counts which caused the attack. The report can be read here
The previous highest paid was $50,000 to a user who reported Lighthouse beacon nodes crashed after receiving BlocksByRange messages containing large counts which caused the attack. The report can be read here
Ether whale population drops after Shapella — Will ETH price sink too?
Ether's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.
The share of Ether held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in the near term.
ETH whale population shrinks post-Shapella
The amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on May 1, according to Glassnode data. In comparison, the count was 14.167 million ETH on April 12, when Shapella went live on Ethereum
https://cointelegraph.com/news/ethereum-whale-population-drops-after-shapella-will-eth-price-sink-too
Ether's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.
The share of Ether held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in the near term.
ETH whale population shrinks post-Shapella
The amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on May 1, according to Glassnode data. In comparison, the count was 14.167 million ETH on April 12, when Shapella went live on Ethereum
https://cointelegraph.com/news/ethereum-whale-population-drops-after-shapella-will-eth-price-sink-too
I'm also tired of Bitcoin controlling the way every crypto blows.
Get used to it.
I propose another fork of Ethereum called "Cyberbuck". Maybe it can be both PoW and PoS idk. I created the symbol to go with it already. You can check it out at this link https://ibb.co/vPpfjcn
The PoW fork isn't performing and the Ethereum pos fees are stupid. I'm also tired of Bitcoin controlling the way every crypto blows.
The PoW fork isn't performing and the Ethereum pos fees are stupid. I'm also tired of Bitcoin controlling the way every crypto blows.
https://etherscan.io/address/0x825309a7d45d1812f51e6e8df5a7b96f6c908887
One of the Ethereum ICO participants woke up. Almost 8 years ago, he bought these coins for 31 cents. Great investment that cost less than $1,000.
This is how you can become a millionaire in 8 years for an investment of less than $1,000. Perhaps he forgot about it, and only recently remembered.
One of the Ethereum ICO participants woke up. Almost 8 years ago, he bought these coins for 31 cents. Great investment that cost less than $1,000.
This is how you can become a millionaire in 8 years for an investment of less than $1,000. Perhaps he forgot about it, and only recently remembered.
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator.A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
I see this argument all the time, I never understand the hate. I personally think it's great that Bitcoin and Ethereum both exist. Bitcoin is a very stable/predictable/simple technology (for now) that people can count on. Ethereum has taken very innovative pathways and migrated onto POS.
I think the two very different paths creates more robustness for cryptocurrency as a whole ecosystem. If for some reason, Bitcoin or Ethereum get totally wrecked off in the future for some reason, at least the other one still exists.
And if you don't like either one, idk, don't buy it? Or short it if you really feel so compelled?
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator.A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
Experts say that if the validator does not use relays, then it is safe. But the IP can be found in another way, so if you want to be a validator, then you need to know about it.
https://beaconcha.in/relays
I recommend an interesting post
Gary, tell us what is Ethereum?
https://bitcointalksearch.org/topic/gary-tell-us-what-is-ethereum-5449596
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator. A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
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