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Grayscale amends spot Ethereum fund registration statement


Grayscale implemented some modifications to its S-3 listing statement, which was subsequently submitted for official filing the day after BlackRock submitted its amended S-1 statement. Additional amended registration statements are anticipated to be submitted in the future.  This was one week after...

Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time


The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...

Vitalik Buterin envisions Layer 2s as cultural extension of Ethereum


Vitalik Buterin, co-founder of Ethereum, has shared his vision for Layer 2 solutions, describing them as cultural extensions of the Ethereum ecosystem. This perspective highlights the technical importance of these scaling solutions and how they contribute to the broader Ethereum community...

Ethereum 2.0 precursor: Beacon chain to sunset in June 2024


The closure of Beacon Chain is expected to lead to a boom for Binance Coin, and delegating Binance Coin through a manual migration process is possible even now. Token delegation for Binance Coin will occur after the migration via Binance Smart Chain, the sole network upholding the BEP20 standard....

Vanguard discourages the sale of Spot ETH ETFs on its platform


Vanguard’s apprehensive viewpoint on spot Bitcoin ETFs is exposed to all, with the company refusing to accept even spot ether NTFs on its platform.  The entire picture becomes clearer when the Securities and Exchange Commission grants its consent to the 19b-4 suggestion for exchanges seeking...

DTCC lists spot Ether ETF of Fidelity under ticker FETH


DTCC, an acronym for Depository Trust & Clearing Corporation, was seen listing FETH on the platform. That pertains to the Spot Ether ETF by Fidelity, briefly sparking speculation that the ETF product had finally received all necessary approvals from the US Securities & Exchange Commission...

Bitcoin, Ethereum, and Dogecoin drop as fears of inflation rebound


The US has done a lot to curb inflation. It was around 8% in 2022-2023 and has now been reduced to around 3.3% as of April 30, 2024. The target is rather aggressive, with the Federal Reserve looking to bring it under 2% by the end of 2024. However, the fear of inflation has started …

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