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Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
2.10.2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...
Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’
1.10.2023
Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for simplicity but that...
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
30.9.2023
Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized...
VanEck to introduce its Ethereum Strategy ETF
29.9.2023
VanEck is on the verge of introducing the VanEck Ethereum Strategy ETF, named EFUT. It is an effectively controlled ETF created for increasing capital with investments carried out in Ether (ETH) futures contracts. EFUT desists from making investments in both ETH and various other digital assets. ...
Treasury Sanctions Ethereum Wallet Used by Sinaloa Cartel to Launder Fentanyl Financing
26.9.2023
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned an Ethereum wallet used by the Sinaloa Cartel to launder money from fentanyl sales in the U.S. Mario Alberto Jimenez Castro, an accused money launderer for the cartel’s Los Chapitos faction, allegedly...
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
25.9.2023
In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth...
Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH
25.9.2023
According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating completely...
Ethereum, Dogecoin, and Bitcoin Spark: A comparative guide to cryptocurrency investments
25.9.2023
Ethereum (ETH), Dogecoin (DOGE), and Bitcoin Spark (BTCS) have been regarded as great cryptocurrency investments. So, let’s explore their potential. Ethereum staking With the transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, Ethereum holders can...
Ethereum (ETH) Price Prediction: Will ETH Break the $1,800 Barrier Soon as Wall Street Memes Presale Closes Tomorrow
25.9.2023
As the cryptocurrency market continues to evolve with new developments, Ethereum (ETH) finds itself at a pivotal juncture.
With its price hovering just below the significant $1,800 threshold, many traders and analysts are keenly observing its next move.
Adding to the intrigue, the impending...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
The evolution of cryptocurrency products: Bitcoin Spark takes on Ethereum and Dogecoin
24.9.2023
Bitcoin Spark sets its sights on the cryptocurrency niche, facing giants like Ethereum and Dogecoin. Bitcoin Spark strives to remove its niche from the meme coins while improving ETH’s smart contract capabilities. Bitcoin Spark (BTCS) Bitcoin Spark revolutionizes the cryptocurrency landscape...
Why is Bitcoin Spark growing so quickly? – Learn how BTCS takes the best from Ethereum
23.9.2023
Bitcoin Spark (BTCS) has been gaining momentum lately, leaving many wondering what led to its sudden growth. To understand the evolution of Bitcoin Spark, we must first explore what sets Bitcoin Spark apart from other cryptocurrencies and how it leverages the strengths of Ethereum, including smart...
Eclipse Announces Solana-Powered Ethereum Rollup
22.9.2023
Eclipse, an organization that allows for the construction of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup. The rollup will benefit from using the Solana Virtual Machine as an execution layer, leveraging this...
Biggest Crypto Gainers Today on DEXTools – GOLD, BOMBER, MEMBOT
21.9.2023
Blue chip cryptocurrency markets are under pressure on Thursday, with Bitcoin (BTC) having dropped more than 2% to the mid-$26,000s and Ether (ETH) down 2.5% under $1,600.
Reports that long-defunct cryptocurrency exchange MtGox will delay repayments for another year to 2024 have failed to boost...
Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca
20.9.2023
The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for...
Price analysis 9/20: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
20.9.2023
Bitcoin and other cryptocurrencies are likely to witness a pick up in volatility following the Fed’s rate decision on Sep. 20
What Are Rollups? Ethereum’s Main Scaling Solution Examined
20.9.2023
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....
Ethereum Price Prediction as Grayscale Files For New Ether Futures ETF – Here’s Where ETH is Headed Next
20.9.2023
Crypto asset management giant Grayscale just filed paperwork with the US Securities and Exchange Commission (SEC) to create a new Ether (ETH) Futures Exchange Traded Fund (ETF), as per a report by the Wall Street Journal.
Grayscale filed for the ETF under the Securities Act of 1933, having also...
Users on Ethereum’s Decentralized Polymarket Speculate on Biden’s Impeachment
19.9.2023
After the Republican House of Representatives speaker, Kevin McCarthy, directed the House to open an impeachment inquiry into Joe Biden, bettors on the cryptocurrency-powered Polymarket platform have started placing bets on whether Biden will be impeached by two specific dates. Currently, bettors...
Ethereum Co-Founder Insists ETH Is a Commodity Amid SEC Crackdown on Crypto Securities
18.9.2023
Ethereum co-founder Joseph Lubin says he stands by his conviction that ether is a commodity despite the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, trying to assert authority over all crypto tokens, except bitcoin. “I anticipate that, with previous...