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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC


According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...

Kronos Research Hacker Launders $4M Through Tornado Cash


The Hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 Million of Ethereum through Tornado Cash, attempting to launder the funds. The post Kronos Research Hacker Launders $4M Through Tornado Cash appeared first on Cryptonews

Big-time players in Ethereum increase trade volumes


The big-time players in Ethereum are increasing their volume of trading exponentially, seemingly putting in a quandary the balance of Ethereum’s pricing. Other factors include the impact on the mood of investors and the crypto space.  Due to this, analysts and market observers have adopted...

Ethereum developers launch ‘EIP-3074’ to improve Crypto Wallet UX


In a bid to streamline and enhance the user experience of cryptocurrency wallets on the Ethereum network, developers have proposed Ethereum Improvement Proposal 3074 (EIP-3074). This latest initiative aims to address common pain points faced by users when interacting with Ethereum wallets, offering...

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF


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

DAI drives Ethereum stablecoin volume to record highs in April


In the last few months, there has been a noticeable boost in the number of stablecoin transactions on the Ethereum blockchain compared to other months. This surge was most noticeable in April when it broke its all-time activity record. Flash loans, typically excluded from financial data...

Ripple CEO Backs Ethereum and admits ETH or XRP are not securities


In a significant development within the cryptocurrency sphere, Brad Garlinghouse, the CEO of Ripple, has openly expressed his support for Ethereum while vehemently denying assertions that both Ethereum (ETH) and Ripple’s XRP token qualify as securities. Garlinghouse’s remarks come at...

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