Tagged: ethereum

August 31, 2024 @ 3:12 pm By Omar Faridi  |  

Blockdaemon has joined the launch of the industry’s “first” Node Operator Risk Standard (NORS) certification for Ethereum (ETH), establishing a new benchmark for operational security and risk management for the Ethereum node operators. Additionally, Blockdaemon now participates in the NORS Development Working Group, the group… Read More

August 25, 2024 @ 12:32 pm By Michael Wong  |  

California-based crypto startup Sorella Labs has announced raising $7.5 million in its latest funding round anchored by tech investment firm Paradigm. The round, which will be used to finance the expansion of the startup’s operations and development efforts, was also backed by a host of… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

August 15, 2024 @ 6:14 am By Omar Faridi  |  

Secondary to Bitcoin by market cap, Ethereum has been neck and neck with Bitcoin over the last year across major inflection points, the team at CoinGecko noted in a new report. Over one year, however, CoinGecko pointed out that Ethereum lags behind Bitcoin “at 31.6%… Read More

August 11, 2024 @ 4:25 pm By Omar Faridi  |  

Ethereum turned Inflationary in 2024 for the first time since 2022 according to an update from CoinGecko. CoinGecko‘s latest report has looked into just how much ETH has been burned. As of August 5, 2024, the Ethereum network has “burned a total of 465,657 ETH… Read More

August 11, 2024 @ 2:12 pm By Omar Faridi  |  

Ripple is pleased to announce they have begun beta testing Ripple USD (RLUSD) on the XRP Ledger (XRPL) and Ethereum mainnet. This is a significant milestone and “a step closer to bringing more high-quality assets to the XRPL, driving new opportunities, liquidity, and institutional use… Read More

August 6, 2024 @ 10:36 am By Omar Faridi  |  

Coin Metrics’ State of the Network has provided comprehensive update on cryptocurrency markets amidst the unfolding global market sell-off as well as an insightful break down Coinbase’s Q2 2024 earnings. During this past weekend, global markets and crypto-assets alike were jolted by a number of… Read More

August 3, 2024 @ 5:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha and risk manager Sergei Gorev were asked about recent movements in the cryptocurrency world, including Circle’s IPO and Solana price movements. YouHodler is a firm that offers a wide range of Web3 Fintech services to ensure a seamless connection… Read More

July 30, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced a research agreement with Smart Transaction Corp (STXN), enabling STXN to investigate ways to further enhance the composability and utility of Ethereum transaction semantics. The research, which is separate from but complementary to MetaMask’s Smart Transactions feature launched in May 2024, will “be… Read More

July 29, 2024 @ 8:33 am By Omar Faridi  |  

Nansen has introduced their ETH ETF Dashboard with real-time tracking of ETF holdings and ETH inflows. Nansen are pleased to officially announce the launch of their public ETH ETF dashboard that allows anyone “to monitor and track real-time ETF balances and ETH ETF onchain flows… Read More

July 28, 2024 @ 4:53 pm By Tony Zerucha  |  

Crypto specialist Bitwise Asset Management this week launched Bitwise Ethereum ETF on the New York Stock Exchange. ETHW has a management fee of 0.20%, with the fee set to 0% for the first six months on the first $500 million in assets. The fund invests directly in… Read More

July 25, 2024 @ 10:06 pm By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the world’s largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded products (ETPs), announced the launch of the Invesco Galaxy Ethereum ETF (QETH). QETH is a… Read More

July 25, 2024 @ 1:11 pm By JD Alois  |  

Net inflows into Ethereum (ETH) ETFs since launch have topped $1 billion, according to Coinshares. The company indicates that $1.014 billion has been invested in these funds. At the same time, Grayscale Ethereum Trust, traded on OTC Markets, has seen a decline of $820 million… Read More

July 19, 2024 @ 2:47 pm By JD Alois  |  

The approval of spot Bitcoin ETFs helped to fuel a bull run in Bitcoin. Ethereum (ETH) ETFs will start trading next week as several spot funds have received regulatory approval. As of today, ETH is trading at around $3500 – having risen by over 10%… Read More

July 14, 2024 @ 3:27 pm By Omar Faridi  |  

BOB, a hybrid Layer-2 powered by Bitcoin and Ethereum, announces its $1.6M combined strategic raise led by Ledger Ventures and angel round with funds deployed to broaden the Layer-2’s presence throughout the Bitcoin and Ethereum ecosystems. The list of angel investors reportedly includes leaders “from… Read More

July 10, 2024 @ 11:50 pm By Omar Faridi  |  

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

June 30, 2024 @ 7:00 pm By Omar Faridi  |  

While some say adoption will ruin crypto, diluting the core principles this industry was built on, Aligned CEO Roberto José Catalán is on a mission to improve the accessibility of financial tools that are easy to use and free from third-party restrictions. Aligned is described… Read More

June 28, 2024 @ 5:23 pm By Omar Faridi  |  

The Celo Foundation is partnering with EigenLayer to integrate the off-chain data availability layer, EigenDA, into the forthcoming Celo Ethereum Layer-2. Initially launched as an EVM-compatible standalone blockchain on Earth Day 2020, core contributors cLabs proposed “bringing the network home to Ethereum during EthCC 2023.”… Read More

June 28, 2024 @ 1:35 pm By JD Alois  |  

Consensys, founded by an Ethereum co-founder, has been hit with charges by the Securities and Exchange Commission (SEC) alleging the offer and sales of unregistered securities via its Metamask staking service. Metamask offers staking of Ethereum for users to generate “rewards.” Consensys is one of… Read More

June 20, 2024 @ 8:25 am By Omar Faridi  |  

Gemini is serving as the custodian for a “landmark” ether staking ETF fund launched recently by Purpose Investments, following the development of custom custody infrastructure that will enable third-party staking from Gemini Custody. The fund, Purpose Ether Staking Corp. ETF (“ETHC.B”), is said to be… Read More