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Morph EVM Raises $20M Funding Led by DragonFly Capital


Ethereum Virtual Machine (EVM) Layer 2 firm Morph, has raised $19 million in a seed funding led by DragonFly Capital.   The post Morph EVM Raises $20M Funding Led by DragonFly Capital appeared first on Cryptonews

SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports


The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...

Enterprise Ethereum Use Cases Expected to Increase in 2024


Investors are not the only ones interested in Ethereum (ETH). An increasing number of businesses also plan to leverage Ethereum this year. While large companies have previously dabbled in Ethereum, industry experts believe that enterprise Ethereum is finally gaining momentum.  Data from layer-2...

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares


Regulatory uncertainty persists as the U.S. SEC pushes back the decision date for Hashdex and ARK 21Shares' spot Ethereum ETF applications, aiming for comprehensive review. The post SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares appeared first on Cryptonews

Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April


The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April. The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...

Vitalik Buterin’s Recent Ethereum Transaction Raises Eyebrows


A recent transaction by Ethereum co-founder Vitalik Buterin has garnered attention from the crypto community. According to PeckShieldAlert, the wallet address is under Vitalik.eth sent 30 ETH to Railgun and exchanged around 27.63 ETH for 100,000 USDC. The post Vitalik Buterin’s Recent...

ETH ETFs “Inevitable” in US, European Market Way Ahead With ETH ETPs


Several applications have been submitted for Ethereum exchange-traded funds with the U.S. Securities Exchange Commission (SEC) and the decision for approving or denying the products has been pushed back which is in line with analyst expectations. The post ETH ETFs “Inevitable” in...

US SEC Delays Decision on BlackRock’s Spot ETH ETF


The U.S. Securities and Exchange Commission (SEC) has delayed a decision to approve the BlackRock spot Ethereum exchange-traded fund (ETF). The post US SEC Delays Decision on BlackRock’s Spot ETH ETF appeared first on Cryptonews

Breaking Down Dencun’s Potential to Slash Ethereum Costs


Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...

ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra


ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).  The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews

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