Tagged: ethereum

March 26, 2024 @ 4:44 pm By JD Alois  |  

Republicans on the House Financial Services Committee and the House Committee on Agriculture are demanding that the Securities and Exchange Commission (SEC) clarify whether Ether (ETH—Ethereum) is a security or something else. In recent years, the SEC has publicly stated ETH is not a security…. Read More

March 23, 2024 @ 5:56 pm By Omar Faridi  |  

For most of the research that Chainalysis release in their annual Crypto Crime Report, the data tells “a clear story.” For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends “can be analyzed with Chainalysis labeling and data.”… Read More

March 20, 2024 @ 5:05 pm By JD Alois  |  

It was not too long ago that the Securities and Exchange Commission determined Ethereum (ETH) NOT to be a security. But times change, and new leaders take over. In this case, it is the Chairman of the SEC, Gary Gensler. According to an X distributed… Read More

March 19, 2024 @ 12:47 pm By Omar Faridi  |  

As the Bitcoin halving approaches, an event that is expected to reduce the daily BTC minting supply by half, several crypto industry analysts have provided their insights on the current state of the volatile crypto-assets markets. The Bitfinex Alpha Report aims to offer a comprehensive… Read More

March 18, 2024 @ 3:04 am By Omar Faridi  |  

As a fundamental aspect of validating and securing proof of stake (PoS) blockchains, staking on the Ethereum network has captured significant attention since “The Merge,” according to an extensive report from Coin Metrics. The Coin Metrics team notes in their weekly report that currently, over… Read More

March 15, 2024 @ 8:53 am By Omar Faridi  |  

Democrats Senator Jack Reed and Senator Laphonza Butler have sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler requesting that the regulatory agency step in to ensure that broker-dealers are providing investors with adequate disclosures regarding Bitcoin (BTC) ETFs or exchange-traded funds… Read More

March 4, 2024 @ 3:45 pm By Omar Faridi  |  

Ethereum Layer-2 roll-up platform Metis is announcing key collaborations with Chainlink Labs, EigenLayer, Renzo, Ethena, and DeFi Kingdoms. These collaborations are expected to make Metis stronger and “more accessible—a self-sustaining blockchain—by enabling better user experiences and deeper liquidity.” Many Ethereum Layer 2 (L2) networks “offer… Read More

March 3, 2024 @ 9:38 pm By Omar Faridi  |  

Taiko has acquired $15 million via a Series A round, bringing its total outside investments to $37 million. The initiative’s developers claim to be working on an Ethereum-equivalent ZK rollup with “based sequencing” – both described as being technological innovations. However, Taiko currently faces an… Read More

February 29, 2024 @ 8:16 am By Omar Faridi  |  

ETC Group is unveiling its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP (ticker ET32; ISIN DE000A3G90G9), a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. Specifically tailored to meet the rigorous requirements of institutional… Read More

February 15, 2024 @ 3:11 pm By Omar Faridi  |  

Bitso—the crypto-powered financial services company in Latin America—announced that it has integrated a third Layer 2 solution that will facilitate fast and efficient transactions with Ethereum thanks to the incorporation of the Optimism network. Optimism is a Layer 2 or “Layer 2” blockchain that works… Read More

February 9, 2024 @ 1:45 pm By Omar Faridi  |  

UBS AG (NYSE:UBS) announced the launch of Hong Kong’s investment-grade tokenized warrant on the Ethereum public blockchain network. This innovative product utilizes the on-chain issuance product framework “offered by UBS Tokenize, the bank’s in-house tokenization service.” The product is a call warrant with Xiaomi Corporation… Read More

February 4, 2024 @ 1:15 pm By Omar Faridi  |  

The team at CoinGecko reveals in an extensive report that there are around $5.7B worth of assets in Ethereum ETFs, which is being led by Europe with an 81% share. XBT Ethereum Tracker One (COINETH) is reportedly “the global top Ethereum exchange-traded fund (ETF), with… Read More

February 3, 2024 @ 9:30 am By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

February 2, 2024 @ 5:42 pm By Omar Faridi  |  

The new SIX Reference Rate Crypto Indices and SIX Real-Time Crypto Indices cover the major crypto assets Bitcoin (BTC) and Ethereum (ETH), giving a comprehensive snapshot of the market and its performance. Built on a transparent rules-based methodology, the indices aim to “foster clarity and… Read More

February 1, 2024 @ 10:36 am By JD Alois  |  

Coinshares says it now offers an exchange-traded product (ETP) that offers 1.25% staking rewards for Ethereum (Nasdaq Stockholm: CS; US OTCQX: CNSRF). The ETP does not hold a fee. The ETP trades on Nasdaq Stockholm and OTC Markets. Frank Spiteri, Head of Asset Management at… Read More

January 31, 2024 @ 10:39 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its… Read More

January 23, 2024 @ 7:03 am By Omar Faridi  |  

In the fourth quarter of 2023, the crypto market experienced a surge in anticipation related to ETFs, “particularly with the growing optimism surrounding the potential approval of US spot Bitcoin ETFs,” the CoinGecko team noted. CoinGecko also mentioned that this optimism appears to have “contributed… Read More

January 20, 2024 @ 12:56 am By Omar Faridi  |  

Michael Nadeau, the founder of The DeFi Report who also helps startups and asset managers, has pointed out that Ethereum (ETH), the world’s largest smart contract platform, reached $10 billion in revenue “faster than any other major software company besides Google.” Although this may be… Read More

January 9, 2024 @ 8:05 am By Omar Faridi  |  

Coinshares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting a solid start for digital assets as we prepare for 2024, with $151 million in total inflows. According to the CoinShares latest weekly update, digital asset investment products saw considerable inflows during the first week of… Read More

January 4, 2024 @ 11:05 pm By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, notes that Vitalik Buterin had revealed the Ethereum 2024 roadmap highlighting key priorities. As noted in a post by Manoppo, it has 6 core elements: the Merge, Surge, Scourge, Verge, Purge, and Splurge. As mentioned in… Read More