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Ether Whales Load Up Over $1 Billion Worth Of ETH As Price Rebounds, But There's A Catch

Ethereum’s whale addresses are increasing their accumulation of the second-largest cryptocurrency, according to Santiment. The analytics firm reported that wallets holding between $10.9 million to $1.09 billion worth of ETH scooped 947,940 ether (worth $1.1 billion) on November 21.

How Sharks, Whales Are Showing Interest in Ethereum [ETH] These Days

With all the attention in the crypto-space being directed towards the <a href="https://ambcrypto.com/attorneys-highlight-poor-management-at-ftxs-first-bankruptcy-hearing/">FTX saga</a>, <a href="https://ambcrypto.com/how-the-latest-uptick-in-whale-interest-really-helps-ethereum-eth/">whales and sharks</a> have been accumulating ETH under the radar.

VRJAM Reveals New Project Supported By Epic Games Ahead Of VRJAM's Coin Launch

Leading immersive live events platform VRJAM today unveiled an exciting new project to empower artists to perform live in the metaverse, powered by the world's no. 1 game developer, Epic Games.

Ethereum Node Project Akula Shuts Down in Wake of Paradigm Competitor

The developers behind Akula, an Ethereum client implementation, have decided to scrap the project because they cannot compete with a newly announced rival project that has similar features and is run by a well-known crypto VC firm.

Whales Started Removing Ethereum (ETH) Holdings, stETH-ETH Depegs

According to PeckShieldAlert, a whale has removed 84K Ethereum (ETH) worth almost $103 million from Lido: Curve Liquidity Farming Pool Contract. It caused the stETH/ETH exchange rate to fall from 0.985 to 0.975. A significant depeg between staked Ethereum and Ethereum can be worse for the crypto market.

Ethereum Staking Withdrawals Enter Testnet Stage, Price Rebounds Slightly

The price of ether has jumped to over $1,200 since it was announced that the staking withdrawal entered the testnet stage.

Ethereum Whales Add $1 Billion in ETH in a Single Day As Rapid Accumulation Continues

The largest whales on the Ethereum ($ETH) network have added over $1 billion worth of the second-largest cryptocurrency by market capitalization in a single day as they continue “rapidly” accumulating the cryptocurrency after its price dropped significantly.

Ethereum R&D Firm Flashbots Shares Details About Its Next-Gen Block Builder

Ethereum research and development firm Flashbots released new information today on “The Single Unifying Auctions for Value Expression” (SUAVE) – its vision for a new kind of blockchain that would radically transform the process by which chain-operators (ie. “validators”) earn value across different networks.

Midas Investments Drops Fantom, Migrates To Ethereum To Expand Services

As per a recent official <a href="https://blog.midas.investments/midas-token-white-paper-swap-boost-tiers/" target="_blank">announcement</a>, Midas Investments, a leading crypto custodial investment platform, migrated its token from the Fantom blockchain to Ethereum in November. The decision is strategic, as this swap to Ethereum blockchain will increase the usage and user base of MIDAS tokens and introduce new utility features, which will affect its value.

Ethereum Client Teams Test Staking Withdrawals on Devnet

Ethereum developers have released a&nbsp;developer network to test validator staking withdrawals, a feature currently missing on the network.