8 / 10 Relevant items tagged with #EthereumETH
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FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges
[Oct 26, 2023 8:36 AM] On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in…
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
[Oct 25, 2023 12:00 PM] On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in…
With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks
[Oct 24, 2023 7:30 AM] Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC)…
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
Standard Chartered’s Research Predicts Ethereum to Hit $8K by 2026 and Eyes $35K Long-Term
Trademark Tussle: Trader Joe’s Grocery Slaps Lawsuit On DEX Trading Platform
[Oct 10, 2023 5:00 PM] Trader Joe’s, a well-known supermarket chain in the United States, has taken legal action against a decentralized exchange (DEX) platform named Trader Joe, alleging that it has violated federal trademark laws. The DEX platform, which…
Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC
[Oct 9, 2023 12:30 PM] Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a…
Thorswap Halts Operations Amidst FTX Hacker’s Fund Movement; RUNE Drops 8.6%
[Oct 6, 2023 10:30 AM] The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all…
Ethereum ETFs Face Lackluster Debut From Small Investors: Is The Hype Fizzling Out?
[Oct 3, 2023 2:00 PM] Yesterday’s launch of futures-based Ethereum (ETH) exchange-traded funds (ETFs) delivered underwhelming results, with shallow trading volumes indicating a deficient demand for ETH exposure. Furthermore, a recent report by The Wall Street…
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
[Oct 3, 2023 8:00 AM] Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion…
Grayscale Moves to Convert Ethereum Trust to Spot ETF Amid Surge in ETH Futures ETF Launches
[Oct 2, 2023 11:30 AM] Grayscale Investments, the largest digital asset fund manager by assets under management (AUM), has filed to convert its Ethereum Trust into a spot ether exchange-traded fund (ETF). The news follows ether futures ETFs from Vaneck, Bitwise, and…
FTX Heist: Hacker Shifts $51M in Ethereum as Former CEO Preps for Trial
[Oct 2, 2023 8:00 AM] After the FTX hacker transferred 5,000 ethereum (ETH) valued at $8 million in purloined assets, the cybercriminal shifted an additional 25,000 ether, totaling $43.15 million. Yet, even after relocating tens of millions of dollars in ethereum, the…
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
[Oct 1, 2023 4:30 PM] 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…
Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’
[Oct 1, 2023 2:30 PM] 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…
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
ETH Price Rally On The Horizon: Ether Futures ETFs Poised For October 3 Approval
[Sep 28, 2023 3:00 PM] In an unexpected turn of events, Ethereum (ETH) Futures Exchange Traded Funds (ETFs) are drawing closer to fruition, potentially becoming available for trading as early as October 3, which could be a significant catalyst for ETH price. Renowned…
BREAKING: Valkyrie Secures Green Light For Ethereum Futures ETF, Trading Launching Tomorrow
[Sep 28, 2023 2:03 PM] According to a recent FOX Business report, Valkyrie Investments has secured approval from the Securities and Exchange Commission (SEC) to launch the first exchange-traded fund (ETF) featuring Ethereum (ETH) futures. This achievement positions…
Treasury Sanctions Ethereum Wallet Used by Sinaloa Cartel to Launder Fentanyl Financing
[Sep 26, 2023 12:30 PM] 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…
Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty
[Sep 25, 2023 4:00 PM] According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly…
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH
[Sep 25, 2023 10:00 AM] 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…
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
[Sep 24, 2023 11:30 AM] 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…
Eclipse Announces Solana-Powered Ethereum Rollup
[Sep 22, 2023 12:30 AM] 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…
Celo Considers Transitioning To Ethereum Layer-2 With Polygon Chain
[Sep 21, 2023 8:00 PM] Celo, a blockchain platform, is exploring migrating from its standalone blockchain to an Ethereum (ETH) Layer-2 (L2) network. Originally, Celo had planned to utilize Optimism’s OP Stack, a customizable toolkit similar to Polygon (MATIC) but…
Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca
[Sep 20, 2023 1:30 PM] 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…
What Are Rollups? Ethereum’s Main Scaling Solution Examined
[Sep 20, 2023 4:00 AM] 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…
Users on Ethereum’s Decentralized Polymarket Speculate on Biden’s Impeachment
[Sep 18, 2023 4:00 PM] 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…
Ethereum Co-Founder Insists ETH Is a Commodity Amid SEC Crackdown on Crypto Securities
[Sep 18, 2023 4:00 AM] 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…