Is Ethereum’s (ETH) Price Slump Coming to an End? On-Chain Data Offers Clues
TLDR Ethereum’s price has dropped below $3,000 since early August, currently trading around $2,679. Ethereum gas fees hit a record...
Ethereum News
Vitalik Buterin Donates $530,000 in Meme Tokens to Animal Welfare Fund
TLDR Ethereum co-founder Vitalik Buterin donated approximately $530,000 worth of “animal coins” to the Effective Altruism Funds’ Animal Welfare Fund...
Cronos zkEVM Launches Alpha Mainnet With Native Ethereum Bridge
Cronos Labs has announced the launch of its eagerly-anticipated zkEVM mainnet. Developed with support from zkSync developer Matter Labs, the...
Grayscale’s ETHE ETF Stops Bleeding After $2.3 Billion in Ether Outflows Since Launch
TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2...
Lido Finance votes to integrate stETH into BNB Chain
Lido Finance integrates stETH into BNB Chain, marking its first cross-chain move. The integration uses Axelar and Wormhole to bridge...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity
Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred...
Ethereum (ETH) Price Shows Signs of Recovery: Analysts Eye Potential 100% Rally
TLDR Ethereum’s price has started a recovery wave, rising above $2,350 after dropping to a low of $1,910. Technical indicators...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin...
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors,...
Ethereum (ETH) Price Battles Resistance: Is a Breakout Coming Soon?
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since...
Compound Finance Faces Controversy Over $24 Million Proposal
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal...
Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after...
Tornado Cash Deposits Surge to $1.9 Billion in 2024 Despite Sanctions
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of...
Polygon Announces MATIC to POL Token Migration for September 4
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0...
SEC directs final S-1 submissions for Ether ETFs with target launch on July 23
SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Dough Finance flash loan attack: What we know so far
Dough Finance lost $1.8M in a flash loan attack due to smart contract vulnerability. Attacker exploited unvalidated calldata stealing USDC...
Ethereum ETF Fee Race Heats Up as Launch Date Approaches
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly...
