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Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...
Ethereum trades sideways as institutional whales pile into Coinbase
14.5.2024
On Monday, Ethereum (ETH) continued to trade within a narrow range while the market was still calm. However, institutional investors also referred to as “whales,” continued to exhibit significant volume activity by purchasing large amounts of Ethereum for Coinbase. After a week,...
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....
Vitalik Buterin proposes Ethereum gas model overhaul
14.5.2024
Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data
Stolen Poloniex Ether worth $53M never made it back to the exchange
14.5.2024
The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address
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,...
Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day
14.5.2024
Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds
Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
14.5.2024
Bitcoin's strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC's range-bound action could continue for some time
Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market
13.5.2024
Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is...
100x crypto projects for May; BlockDAG & this Cardano (ADA) alternative among top buys; more on ETH price speculation
13.5.2024
As the crypto market evolves, standout projects like Ethereum, Hump Token, and BlockDAG are attracting investors with their unique potential. Ethereum is reinforcing its foundation above the $3,000 threshold, promising a bullish outlook. Hump Token, a Cardano alternative, is captivating those...
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
13.5.2024
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto...
Ethereum ETF applications seeking regulatory approval
13.5.2024
Industry experts constantly ask when the American supreme financial authority, the US SEC, will approve Ethereum ETFs following January’s historic approval of eleven spot Bitcoin ETFs. In order for the Ethereum ETF to be approved, a fund management professional must purchase digital assets...
DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product
13.5.2024
The Gauntlet founder talks about the state of crypto ahead of Consensus 2024
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
13.5.2024
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline, setting a cautious tone for ether traders. Ethereum...
Michaël van de Poppe anticipates a major change in Ethereum (ETH)
13.5.2024
Michaël van de Poppe, a crypto analyst, predicts a major transformation in Ethereum (ETH) that will prevent the SEC from granting consent regarding applications for spot Ethereum Exchange Traded Funds (ETFs). He duly informs his 717,600 followers that, in his opinion, this will not happen soon. ...
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
13.5.2024
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities...
Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
13.5.2024
Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including...
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
13.5.2024
A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for Ethereum due to different regulatory considerations....
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
12.5.2024
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining...
Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal
12.5.2024
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of...