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Crypto community marks 10-year Ethereum ICO anniversary with global events

The Ethereum initial coin offering launched on July 22, 2014, marking the beginning of the blockchain’s journey.

The global blockchain industry is celebrating the 10-year anniversary of the Ethereum network’s initial coin offering (ICO).

Ethereum started gaining traction in 2014 when co-founder Vitalik Buterin mentioned the project at a Bitcoin conference in Miami.

On July 22, Ethereum launched its ICO, selling over $18 million worth of Ether (ETH) paid for in Bitcoin (BTC).

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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin Applauds Polymarket’s Predictive Power and Influence

Vitalik Buterin Applauds Polymarket’s Predictive Power and InfluenceEthereum co-founder, Vitalik Buterin, has publicly praised the prediction market Polymarket for their impressive performance. He commended the platform not only for accurately predicting outcomes well in advance but also for actively contributing to collective decision-making through the visibility of conditional odds of different candidates. As recently reported, following the announcement that President Joe Biden […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin Warns Against Political Support Based on Crypto Stance

Vitalik Buterin Warns Against Political Support Based on Crypto StanceEthereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years from now,” he stressed. Buterin Highlights Risks of Narrow Political Focus in Crypto Ethereum co-founder Vitalik Buterin has cautioned […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’

The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both.

Ethereum’s outspoken co-founder, Vitalik Buterin, recently expressed his frustration over the current state of cryptocurrency regulation and offered up a surefire solution to the problem.

Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described a situation where current regulatory efforts have essentially painted good-faith cryptocurrency developers into a corner:

On the anarchy side of things, there appears to be no end to the glut of bad actors, scammers, and baseless hypesters proliferating on social media and sharing platforms.

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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin Responds to Criticism on the Institutionalization of the Crypto Space: We’re Still Here

Vitalik Buterin Responds to Criticism on the Institutionalization of the Crypto Space: We’re Still HereVitalik Buterin, one of Ethereum’s co-founders, answered the criticism regarding the new institutional focus of blockchain and cryptocurrency projects. Buterin told Joe Weisenthal, co-host of Bloomberg’s financial podcast Odd Lots, that crypto culture “idealistic hippies” were still in the space, and that projects in this regard have moved forward quite a bit, citing Lens and […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin endorses TiTok AI for onchain image storage

TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.

Ethereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method for its potential blockchain application.

Not to be confused with the social media platform TikTok, the new TiTok compression method significantly reduces image size, making it more practical for storage on the blockchain.

Buterin highlighted TiTok’s blockchain potential on the decentralized social media platform Farcaster, stating “320 bits is basically a hash. Small enough to go on chain for every user.”

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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs

The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals “without involvement from any trusted third parties.”

Ethereum layer-2 Optimism has implemented fault proofs into its smart contracts, according to its development team, OP Labs. According to the team, Optimism has now reached “Stage 1” of decentralization, referring to a list of milestones articulated by Ethereum co-founder Vitalik Buterin.

At least four other OP Stack networks will implement the fault proofs “soon,” including Base, Metal, Mode, and Zora.

On Optimism, users can now initiate withdrawals of Ether (ETH) and ERC-20 tokens “without involvement from any trusted third parties,” OP Labs said in a post. In addition, if the team’s sequencer attempts to process invalid withdrawals, they can be “challenged and removed” by any user who submits a fault-proof showing that the withdrawal is invalid.

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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Vitalik Buterin Criticizes Celebrity Crypto Projects — Offers Blueprint for Respectable Ventures

Vitalik Buterin Criticizes Celebrity Crypto Projects — Offers Blueprint for Respectable VenturesEthereum co-founder Vitalik Buterin has expressed his dissatisfaction with the current wave of celebrity crypto projects, emphasizing their lack of meaningful societal contributions. He highlighted projects like Stoner Cats, which actually fund real initiatives, as more commendable. Buterin also detailed the criteria that celebrity crypto projects must meet to gain his respect. Vitalik Buterin Critiques […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding Meme

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding MemeIggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the described meme, Azalea stated that “he was just hangry (sic).” Azalea’s reaction comes after Buterin’s statements against […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Ethereum to Introduce Extensive Pectra Upgrade in Q1 2025

Ethereum to Introduce Extensive Pectra Upgrade in Q1 2025The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract wallets temporarily during transactions. The Pectra upgrade, expected to be rolled out in the first quarter of […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund