In the world of cryptocurrencies, the price of transactions is determined by the amount of Gas required to execute them. Gas is essentially the fee paid by users to miners for processing their transactions on the Ethereum blockchain. And on May 5, 2023, the median Ethereum Gas reached an astonishing 141gwei, its highest level since…

Ethereum Foundation has transferred a total of 30 million USD worth of ETH to the Kraken exchange. This transfer of 15,200 ETH from the foundation’s wallet, along with 200 ETH from Vitalik Buterin’s wallet, was completed on May 6, 2023. After vitalik.eth transferred 200 $ETH($396K) to #Kraken, ETH Foundation also transferred 15,000 $ETH($29.7M) to #Kraken.https://t.co/FPVeH3Z8sJhttps://t.co/AHALnpKtxd pic.twitter.com/iLIHghJUIX — Lookonchain (@lookonchain) May 6,…

Ethereum (ETH) has been making headlines recently due to the soaring staking reward rates that have been witnessed in the first week of May. According to data from beaconcha.in, validators earned a total of 24,997 ETH, equivalent to $46 million in just a week, indicating a 40% increase compared to the previous week. This sudden…