Jesse Pollak, the creator of the Ethereum layer-2 network Base, is stepping back from leading the Base App after admitting he made a 'wrong bet' on social experiences driving crypto adoption.
Bitmine Immersion Technologies generated $45.7 million in revenue from Ethereum staking and validation last quarter, marking a dramatic shift from its Bitcoin mining roots.
Bitcoin and other major cryptocurrencies slipped on Monday as traders sharply increased their bets on a Federal Reserve interest rate hike as soon as July, just ahead of key U.S.
The successful launch of Robinhood Chain, a layer-2 network built on Ethereum, has significantly boosted investor sentiment around ETH, even converting some former critics.