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...
Ethereum News
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...
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 Price Dips Following ETF Launch and Market Pressures
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value...
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...
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive...
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...
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...
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...
aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
MetaMask’s Pooled Staking: Lowering the Barrier to Ethereum Staking
TLDR MetaMask has launched a new “pooled staking” feature that allows users to stake Ethereum (ETH) without meeting the 32...
RLUSD Coming: Ripple’s USD Stablecoin to Hit Ethereum, XRPL
Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the...
SEC chair says S-1 approvals for spot Ether ETFs in the summer
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer....
ZKsync’s Billion-Dollar Airdrop: Are You One of the 695,232 Recipients?
TLDR ZKsync, an Ethereum layer-2 network, will airdrop 17.5% of its 21 billion ZK token supply to 695,232 eligible wallets...
