BlackRock, a prominent investment management company, has recently made a compelling argument against the U.S. Securities and Exchange Commission’s (SEC) differential treatment of spot-crypto and crypto-futures exchange-traded fund (ETF) applications. In its pursuit to launch a spot-Ether (ETH) ETF known as the “iShares Ethereum Trust,” BlackRock has challenged the SEC’s regulatory distinctions between these two
Ethereum
In a bold move towards diversification, BlackRock, the world’s largest asset manager, has recently filed for an Ethereum exchange-traded fund (ETF) after months of speculation. This highly anticipated filing comes just four months after the company filed for a Bitcoin ETF, signaling BlackRock’s eagerness to expand its presence in the cryptocurrency market. The news of
In the fast-paced world of Ethereum layer-2 networks, the competition is heating up. With this, users are left with questions about the unique characteristics, use cases, and strategies employed by each network to attract more users to Web3. In a recent episode of Hashing It Out, Elisha Owusu Akyaw (GhCryptoGuy) engages in a thought-provoking discussion
Lido, a renowned liquid staking protocol, has recently received approval from its governing body to deploy Lido’s Wrapped Staked Ether (wstETH) to Coinbase’s Base network. This development was announced on November 8th, paving the way for the token to become live and available for trading and use in decentralized finance (DeFi) applications on the Base
The cryptocurrency market has witnessed numerous success stories, with early adopters reaping substantial profits. However, not all journeys in the crypto world are smooth sailing. Rain Lõhmus, the founder of Estonia-based LHV Bank, now finds himself in a predicament, holding a whopping 250,000 Ether (ETH) but lacking access to it. A Lost Treasure Rain Lõhmus
Ether (ETH) has experienced a surge of 6.2% between November 3 and November 5. However, despite this bullish trend, the altcoin fails to break the resistance at $1,900. In comparison to Bitcoin (BTC), Ether’s 17% return over the last 30 days falls short of Bitcoin’s impressive 27% gain during the same period. Uncertainty Surrounding Consensys
The crypto industry may be experiencing a bear market, but blockchain-based startups are still managing to secure funding. One such example is MetaMask partner Blockaid, which raised an impressive $33 million in October. However, despite these individual success stories, the overall funding in the crypto industry has dropped to levels last seen in 2020. According
In a surprising announcement, the Aragon Association (AA), the governing body for the renowned aragonOS software, has revealed its plans to dissolve. According to a blog post published on November 2, the AA will distribute the majority of its assets to token holders as part of the dissolution process. This move marks the end of
The iris-scanning project, Worldcoin, has achieved a significant milestone with its mobile World App surpassing 4 million downloads, as stated in a blog post by the project’s team on November 1. If officially confirmed by Coingecko, this number would position World App as the sixth most downloaded software wallet on their list. The team, known
Renowned billionaire investor Stanley Druckenmiller recently expressed admiration for Bitcoin’s establishment of a strong brand identity over the past decade and a half. In an interview with hedge fund manager Paul Tudor Jones, Druckenmiller drew comparisons between Bitcoin and gold as a store of value. While he currently does not own any Bitcoin himself, Druckenmiller
The world of cryptocurrency has witnessed a surge in investment in recent years, with crypto exchange-traded products (ETPs) gaining significant traction. According to a recent report from CoinShares, ETPs experienced their largest weekly inflows in over a year, signaling a growing wave of optimism among investors. Surging Inflows and Their Significance During the week ending
Cryptocurrency infrastructure company Fireblocks recently discovered a critical vulnerability in the Ethereum ecosystem. The vulnerability, called ERC-4337 account abstraction vulnerability, was found in the smart contract wallet UniPass. Fireblocks worked with UniPass to address the vulnerability, which had affected hundreds of mainnet wallets. The vulnerability allowed potential attackers to execute a full account takeover of
The Web3 industry is on a mission to disrupt the World Wide Web, and one of its primary targets is social media. In a recent episode of Cointelegraph’s Hashing It Out, host Elisha Owusu Akyaw sits down with Ryan Li, co-founder of CyberConnect, to discuss the concept of decentralized social media. Li begins by shedding
In a surprising turn of events, wallets connected to bankrupt crypto firms Alameda Research and FTX have transferred more than $10 million worth of cryptocurrency to exchange deposit accounts. This sudden movement of funds has raised eyebrows and prompted speculation about the intentions and future plans of these firms. One plausible explanation for this transfer
Crypto exchange dYdX, widely recognized as one of the largest non-custodial cryptocurrency exchanges, has taken a critical step towards true decentralization. In an October 23 blog post, dYdX announced the release of the open source code for their new Cosmos-based network, marking a significant stride in their mission to decentralize their exchange operations. dYdX has
Cybersecurity analysts have recently uncovered a troubling trend in the world of blockchain technology – the emergence of a new attack vector known as “EtherHiding.” Contrary to what its name may suggest, EtherHiding has little to do with Ethereum itself. Instead, it is a method employed by nefarious actors to conceal malicious code within blockchain
Ethereum layer-2 scaling solutions Starknet and zkSync have shown growth in their total monthly active developer counts, bucking the downward trend seen in other platforms such as Ethereum, Polygon, and Solana, according to data from Electric Capital’s updated developer report. While Starknet and zkSync recorded increases of 3% and 6% respectively, Ethereum, Polygon, and Solana
In recent months, the Ethereum liquid staking derivatives finance (LSDFi) ecosystem has experienced an exponential surge in growth. This article explores the remarkable achievements and potential of LSDFi protocols, as more Ether (ETH) holders choose to stake rather than liquidate their assets. According to a recent report by CoinGecko, the LSDFi sector has grown by
Cryptocurrency enthusiasts have been closely monitoring the recent transactions of Ethereum co-founder Vitalik Buterin. In his most recent move, he transferred a staggering $14.9 million worth of USD Coin (USDC) to the renowned cryptocurrency exchange, Gemini. This significant transfer has raised eyebrows and sparked speculation about Buterin’s motives. In this article, we delve into the
Manta, a layer-2 blockchain network focusing on zero-knowledge (ZK) applications, has recently made a significant decision to migrate its software from OP Stack to Polygon CDK. This news comes as a surprise, considering Manta’s initial plans to be integrated into the upcoming Optimism Superchain. However, by joining the Polygon ecosystem, Manta is set to embark
The recent performance of Ethereum’s native token, Ether (ETH), has been less than stellar. It is currently trading at a 15-month low against Bitcoin (BTC), reaching its lowest point since Ethereum switched to proof-of-stake (PoS). This raises concerns about whether ETH will continue to weaken throughout the remainder of 2023. To gain a clearer understanding
Ether (ETH) price has experienced a significant 7% decline between October 6 and October 12, hitting a seven-month low at $1,520. While there was a slight rebound to $1,550 on October 13, it is evident that investor confidence and interest in Ethereum are waning, as indicated by multiple metrics. This decline does not bode well
In a recent blog post, the development team of Uniswap, the world’s largest decentralized crypto exchange by cumulative volume, announced the launch of its closed beta Android version of the mobile app. This move marks a significant expansion for Uniswap, as it was previously only available on PC and iOS devices. With over $1.7 trillion
Real estate-backed stablecoin USDR recently faced a significant setback as it lost its peg to the U.S. dollar. The project team behind USDR, Tangible protocol, revealed that a rush of redemptions caused a draining of liquid assets, particularly Dai (DAI), from its treasury. USDR, a decentralized finance project that seeks to tokenize housing and other
In a significant development for the stablecoin market, Circle has recently announced its integration of USD Coin (USDC) natively on the Ethereum layer-2 scaling protocol Polygon. By taking advantage of Polygon’s scaling capabilities, Circle aims to provide users and developers with seamless access to USDC without the need for bridging to other blockchains. This article
The journey of Ethereum’s native token, Ether (ETH), in 2023 has been marked by significant gains, with a rise of approximately 35% since the beginning of the year. However, despite its upward trajectory, Ethereum has encountered strong bearish rejections whenever it attempted to surpass the psychological resistance level of $2,000. This article delves into the
A recent report by JPMorgan has shed light on the rising concerns surrounding Ethereum staking in the wake of major network upgrades such as the Merge and Shanghai. While these upgrades have brought about several positive changes to the Ethereum network, they have also come at a cost. The report highlights two key issues: the