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Ethereum Layer-2 valuation is expected to reach $1 trillion by 2030


The valuation of Ethereum layer-2s is predicted to reach a massive milestone of $1 trillion by the end of 2030. This is based on the fundamental analysis of five key areas under the lenses of user experience, developer experience, and technical capability. Key areas in the conversation...

SEC reviews Fidelity/Grayscale/Bitwise ETH trust proposals


The Securities and Exchange Commission (SEC) has reached out for public opinion regarding three NFTs. They include the Fidelity Ethereum Fund, the Grayscale Ethereum Trust, and the Bitwise Ethereum Trust. The fact that the SEC refuses to throw any light on the matter, according to Bloomberg, is...

BTC & ETH margined contracts already into the negatives – Popular trader


There is a significant drop in the overall sentiment within the cryptosphere. BTC and ETH are leading the charge pretty much like they did at the time of the bull run. Bitcoin and Ethereum have dropped from their recent ATH, retracing to a level that the holders were expecting but hoping for....

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF


The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others. The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews

Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security


Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...

Ethereum advances with EIP-4444: A leap towards efficient data management


Introduction of history expiration via EIP-4444 to limit historical data storage. Nodes can prune over-a-year-old historical blocks. Historical data is only necessary for peer synchronization or specific requests. Since the release of the hugely celebrated Dencun upgrade in mid-March, which...

In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline


According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...

ConsenSys submits comment letter to SEC urging approval of ETH ETF


Recently, the SEC requested feedback on whether or not Ethereum’s Proof of Stake (PoS) creates “unique concerns” of fraud and manipulation that the agency should consider before approving applications for Ethereum ETFs. The following are among the six questions the SEC requested...

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