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Vitalik looks for backing of short term wallets on Ethereum


The Co-Founder of Ethereum, Vitalik Buterin, came out with a fresh Ethereum improvement proposal (EIP) that intends to adjust with the builder’s contrasting methods of account takeaway in forthcoming hard forks.  EIP-7702 comes after EIP-3074, which was appropriate for acceptable...

Ethereum seeks direction: Can ETH bulls reclaim $3,000?


The price of Ethereum remained extremely disturbing, with further losses going under the $3,050 mark, much like Bitcoin ETH going under $3,000. The drop occurred when it was at $2,936 and is currently only traveling south. The Ethereum trade price has sunk to $3,050, along with the 100-day simple...

Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval


Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...

Proposal for Ethereum Grayscale Ethereum ETF is No More


Application for Grayscale Ethereum Futures Trust FTF was withdrawn on 3rd May 2024. The Securities and Exchange Commission had delayed decisions on spot Ethereum Exchange Traded Funds over the past months. A document filed recently indicates that a proposal for listing and trading shares...

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


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

Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer


The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7. The...

Bitpay Partners With Moonpay to Enhance Crypto Selling Experience on App


On Tuesday, the crypto payments processor based in Atlanta, Bitpay, revealed its collaboration with Moonpay. The partnership, Bitpay emphasized, enables users to sell bitcoin and other crypto assets directly through the Bitpay app. Bitpay Now Allows Direct Sales via Moonpay Partnership Users of...

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...

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...

Polygon unveils Miden Alpha Testnet: Boosting ETH app development


Polygon, an Ethereum-oriented layer 2 upgrading service, has delivered the Miden Alpha Testnet as a zk platform targeting builders. Through this, users will be provided with the option of producing proofs about their state transformations.  Miden helps improve privacy factors for builders, making...

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

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