Ethereum's true decentralization questioned

Anthony Pompliano, a podcast host, Bitcoin minimalist and cryptocurrency investor, said sometime back that a large portion of the Ethereum network is hosted on third-party clouds like AWS.

Timeline of Ethereum

The latest update for ConsenSys' Infura API tool has caused a big outcry in the Ethereum community. As was announced yesterday, Infura will start collecting and assigning IP and Ethereum addresses of MetaMask users with immediate effect.

A popular cryptocurrency analyst has pointed out that Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, must hold above a key price level before its price can potentially move over the $1,500 mark.

Ethereum price analysis indicates ETH opened the daily trading session with a slight increase, reaching highs of $1,199.48 during the day. From there, it dropped slightly to a low of $1,176 before bouncing back up toward its current price of around $1,200.

ETH staking and validator count growth remained unaffected as the market grappled with the FTX's collapse There was, however, a slight fall in daily earnings per validator on the chain Seventy days since it became operational, the sudden collapse of FTX did not impair activities on the Ethereum proof-of-stake [POS] network.

OP Labs CEO liam.eth has announced an Ethereum core devs meeting today to discuss getting EIP-4844 to be considered for inclusion (CFI), says CFI does not imply inclusion in a hard fork. ETH Core devs deliberating EIP-4844 inclusion Liam.

A deep-pocketed Ethereum (ETH) whale is suddenly moving hundreds of millions of dollars worth of the top altcoin to an unknown wallet. According to whale-surveying platform Whale Alert, the high-net-worth trader moved 247,979 ETH worth about $280,000,000 at time of writing from one unknown wallet to another.

Ethereum core developers have indicated support for EIP-4844, a highly-anticipated scaling proposal, to go live in a future upgrade. The post Ethereum core developers signal support for ‘proto-danksharding' appeared first on The Block.

What happened: On Wednesday a total of 1,344.91 Ether (CRYPTO: ETH) worth $1,616,963, based on the current value of Ethereum at time of publication ($1,202.28), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Ethereum developers had their weekly call to discuss what features should roll out in the next hard fork. Marius Van Der Wijden said coders were already working toward staked Ether withdrawals prior to the call.

Ethereum (CRYPTO: ETH) — the cryptocurrency that spawned the Web 3.0 industry — is seeing less activity and trading interest, but big holders apparently still believe in the protocol's future.