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Will SEC Approve Ethereum ETFs? Ether (ETH) Price Explodes Higher Amid Rumors of SEC U-Turn
20.5.2024
The Ether (ETH) price exploded higher on Monday as traders bet that the SEC will approve Ethereum ETFs as soon as this week following the emergence of rumors of a major SEC u-turn.
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Community Launches Decentralized Memecoin To Take Anti-SEC Stance
16.5.2024
In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG).
The post Community Launches Decentralized Memecoin To Take Anti-SEC Stance appeared first on Cryptonews
Dogecoin Creator Expresses Pessimistic Stance on Spot Ether ETF Approval
16.5.2024
Billy Markus, the co-founder of Dogecoin, has expressed his scepticism regarding the approval of spot Ethereum exchange-traded funds (ETFs), although the US Securities and Exchange Commission (SEC) has not yet made a decision on the matter.
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Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
14.5.2024
Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole,...
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
10.5.2024
Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct.
The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
8.5.2024
Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs.
The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews
Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
7.5.2024
Non-fungible token (NFT) platform Ethernity, said it has switched to a artificial intelligence enhanced Ethereum Layer 2 network with advanced capabilities allowing it to combat counterfeit asset trading.
The post Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset...
Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’
7.5.2024
Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden.
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SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF
7.5.2024
The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF).
The post SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF appeared first on Cryptonews
U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance
1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...
SEC And Gary Gensler Believed Ether Was A Security For At Least A Year, New Court Docs Reveal
29.4.2024
The United States Securities and Exchange Commission (SEC) and its Chair Gary Gensler appear to have believed Ether (ETH) was a security for at least a year, new court documents unveiled Monday reveal. News of the damning court filing comes amidst Consensys' legal battle with the federal regulator...
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC
29.4.2024
Asset management firm Franklin Templeton has listed its Ethereum exchange-traded fund (ETF) under the ticker EZET on the Depository Trust and Clearing Corporation (DTCC) website.
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Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May
29.4.2024
Tron CEO and founder Justin Sun said it is unlikely an Ethereum exchange trade fund (ETF) will be approved in May with the cryptocurrency in need for “long-term education with regulators.”
The post Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May appeared first on Cryptonews
$510 Million in Ethereum Longs at Risk Amid Potential Weekend Volatility – Massive Price Swing Incoming?
26.4.2024
Over $500 million in Ethereum longs could be liquidated if the cryptocurrency experiences another sharp price swing this weekend. Recent volatility highlights the risk, while the SEC's pending decision on spot Ether ETFs adds further uncertainty to the market.
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Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH
26.4.2024
NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...
Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH
26.4.2024
NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...
Consensys Files Lawsuit Against the SEC Over Ethereum Regulation
25.4.2024
Ethereum developer firm Consensys managed by Joe Lubin has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over its “overzealous regulation” around the Ethereum blockchain.
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