Wed, September 23

Ethereum Co-founder Deposits 10K ETH Worth $37M to Kraken

Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community.  The SEC deadline for the decisive update on spot Ethereum ETF

May 23, 2024 2 mins read

Vitalik Buterin Address Crucial MEV Issue on Ethereum Network

To address the issue of maximal extracted value (MEV), Ethereum co-founder Vitalik Buterin put out a novel method on May 17. Producers of blocks engage in miner extracted value when they attempt to maximize earnings via the use of complex market methods to organize transactions inside the block. Whoever uploads

May 22, 2024 2 mins read

Hong Kong Ether ETFs See Surge in Inflows Amid Anticipation of US Approval

Midway through Wednesday, the spot ether exchange-traded funds (ETFs) established by ChinaAMC, a Chinese fund manager, had a daily influx of almost HK$5 million (US$640,780), a substantial increase. This comes after Tuesday’s record-breaking inflow of HK$3.77 million, the most since the ETF’s launch. Investors are speculating that comparable products might

May 22, 2024 1 min read

Can Ethereum Surge Beyond $4K Amid the Ongoing Rally?

Ethereum, the second-largest cryptocurrency by market capitalization, experienced a significant surge of nearly 30% yesterday, surprising investors. This comes as Ethereum’s price movement has been relatively stagnant since the start of 2024, even as Bitcoin surged past $73,750.07. Yesterday, Ethereum hit a two-month high of $3,841. Currently, ETH is trading

May 22, 2024 2 mins read

Fidelity Revises S-1 Filing for Spot Ethereum ETF, Removes Staking

For its proposed Spot Ethereum ETF, Fidelity has filed a revised S-1 filing with the SEC in the US. This news comes as speculation about these ETFs’ possible clearance on May 23 continues to heat up. Also, it might increase the likelihood that Ether ETFs would be approved. The revised

May 22, 2024 2 mins read

Ethereum Co-founder Vitalik Buterin Advocates for Open-Source AI

Vitalik Buterin, co-founder of Ethereum, recently spoke out in favor of open-source AI models in a debate on AI’s future. At the same time, this change is a reaction to rising worries about the AI industry’s concentration of power. Furthermore, the co-founder has highlighted the dangers of highly intelligent AI

May 21, 2024 2 mins read

Prometheum Launches Ethereum Custody Service, Classifies ETH as Security

An Ethereum custody service has been soft-launched by digital assets platform Prometheum in preparation for a full launch of crypto services later this quarter. As far as the digital currency ecosystem is concerned, this product launch was the first of its type, according to Fortune. Because of its contentious position

May 21, 2024 2 mins read

Spot Ethereum ETF Decision Looms as SEC’s Deadline Draws Near

Since this week is when the decision on the spot Ethereum ETF will be made, let’s take a look at what the week ahead may bring in terms of possible outcomes. Both the 19b-4s (changes to exchange rules) and the S-1s (registration statements) must be approved before spot Ethereum ETFs

May 20, 2024 2 mins read

Vitalik Buterin Praises Ethereum Ecosystem’s Commitment to Free Expression

Vitalik Buterin, a pioneer in the cryptocurrency sector, praised one of Ethereum’s strengths on Saturday in a X post. The co-founder of Ethereum values the fact that free expression is not stifled inside the Ethereum ecosystem. Moreover, according to Buterin, Ethereum does not censor its users or the general public

May 18, 2024 2 mins read

Cardano (ADA) Price Surges to $0.49, Bullish Turnaround?

Cardano (ADA), has seen an incredible surge in value today. The ADA price has risen over $0.49 level due to the most recent spike. Therefore, after initially losing money due to the ongoing falls, Cardano addresses holding a total of 2.71 billion tokens have now achieved break even. At the

May 18, 2024 2 mins read