During recent weeks, alarming details have emerged surrounding an exploit targeting FTX, a popular cryptocurrency exchange. The exploit resulted in substantial losses, with one particular address connected to the hack, known as 0x3e9, transferring more than 10,000 Ether (ETH) across various addresses. This article delves into the exploit and its consequences, shedding light on the
Ethereum
Global asset manager VanEck has made an announcement regarding its upcoming Ether futures exchange-traded fund (ETF). The company revealed that it will donate 10% of all profits from the ETF to Ethereum core developers for a duration of ten years. This move showcases VanEck’s commitment to giving back to the community that has contributed to
Investment manager VanEck is ramping up its marketing efforts for its soon-to-be-launched Ethereum Futures Exchange-Traded Fund (ETF). With the release of two creative TV commercials on September 28th, the company is generating buzz around its Ethereum Strategy ETF, which is expected to debut as early as October 2nd. This article critically analyzes VanEck’s marketing strategy
Analysts at Bloomberg suggest that Ethereum futures exchange-traded funds (ETFs) may receive approval and start trading in the United States as early as next week. According to James Seyffart, an analyst from Bloomberg Intelligence, “it is looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” This news
The highly anticipated Merge upgrade in September 2022 marked a significant milestone for Ethereum. With this upgrade, Ethereum transitioned from the energy-intensive proof-of-work (PoW) consensus mechanism to the more sustainable proof-of-stake (PoS) model. While this upgrade promised improved scalability and reduced energy consumption, it also brought unforeseen challenges in terms of compliance with regulatory standards.
The recent approval of BlockFi’s liquidation plan by the United States Bankruptcy Court in New Jersey signifies a significant milestone for the customers of the bankrupt cryptocurrency lending platform. The decision, made by Bankruptcy Judge Michael A. Kaplan, brings them one step closer to potential repayment for their investments. This article explores the details of
Arbitrum, a prominent Layer 2 solution for the Ethereum blockchain, has taken a significant step by adding the unclaimed tokens from the Arbitrum airdrop to its network’s treasury. This move by the Arbitrum Foundation marks an important milestone for the project and its community. On September 24th, the Arbitrum Foundation made an official announcement on
Google Cloud’s BigQuery service recently integrated 11 blockchain networks into its data warehouse, according to a blog post on September 21. This move demonstrates Google’s continued interest in blockchain technology and its commitment to expanding its blockchain coverage. Additionally, Google has introduced a new feature to simplify blockchain queries and enhance data accuracy. Google Cloud’s
Pancakeswap, a decentralized exchange (DEX) known for its multichain functionality, recently announced the addition of Transak as a provider in its “buy crypto” tab. This addition offers Pancakeswap users yet another option when shopping for cryptocurrencies. Prior to this, Mercuryo and Moonpay served as the providers for this feature, with Transak becoming the third provider
Digital currency investment firm Grayscale has joined the ranks of companies seeking to launch an Ethereum futures exchange-traded fund (ETF) by filing a proposal with the Securities and Exchange Commission (SEC). This move comes shortly after Valkyrie, another asset management firm, filed a similar proposal for an Ether futures ETF. Grayscale’s filing outlines the details
