Ethereum has not been left out of the onslaught currently happening in the market. The coin has lost over 2.4% in the last 24 hours and is now trading in the $1,700 territory as of the time of writing this article. The digital asset continues to dip as the crypto market continues to experience massive
Ethereum
Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody after he allegedly accessed his cryptocurrency account. The remand order came from U.S. District Judge P. Kevin Castel after Griffith reportedly sought to access Ethereum assets held by Coinbase in May. The Ethereum Foundation researcher will likely spend
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States’ Securities and Exchange Commission (SEC) on July 17, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC). Rothschild GBTC shares near 150,000 A quiet but nonetheless
After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the
Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million in daily fees on average over the past seven days, and less than $400,000 worth of fees
The Brazilian Securities Regulator, Comissão de Valores Mobiliários (CVM) gives approval for an Ether exchange-traded fund (ETF). The holding company of QR Asset Management, QR Capital, announced the approval. 🔴 BREAKING: CVM aprova o 1º ETF de Ethereum da América Latina, o QETH11. O ETF da QR Asset Management, gestora do grupo QR Capital, será
Ethereum (ETH) infrastructure developer Polygon has spun off a new subsidiary to advance its work in blockchain gaming and nonfungible tokens, or NFTs, offering further insight into the company’s long-term growth strategy. The newly formed Polygon Studios has three core objectives: establish Polygon’s position as the leader in decentralized gaming; create a brand that attracts
The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding round for Ethereum-themed documentary dubbed Ethereum: The Infinite Garden has surpassed its goal of 750 Ether (ETH), raising a total of 1,035.96 ETH worth $1.9 million as of July 16,
A vulnerability of a smart contract in one private DAO fund firstly to the leak of cryptocurrency worth tens of millions of dollars (billions as of today) and then to the hard fork of the second-largest blockchain network Ethereum. You can find tons of articles investigating those events, including a wiki page. Even though the
Bitcoin (BTC) passed $32,000 later on July 16 as positive reactions over Bank of America’s (BoA) Bitcoin futures go-ahead continued. Bitcoin nears $32,300 point of interest Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising 1.4% on the day to hit new local highs of $32,150 on Bitstamp. The pair saw an abrupt reversal of
Brazil’s Comissão de Valores Mobiliários (CVM), the country’s securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company of QR Asset Management. The fund, which trades under the ticker QETH11 will trade on Brazil’s highly reputable B3 stock exchange, which operates as a regional exchange and
Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from
Ethereum netflows seem to be negative across all exchanges right now, as exchange reserves continue their downward trend. Ethereum Reserves On A Downtrend As pointed out by a CryptoQuant post, ETH reserves continue with a downward trajectory. The all exchange netflows are also very red. The Ethereum all exchanges reserve is an indicator that shows
Ethereum (ETH) has enjoyed a good run so far in 2021, with its value increasing from about $1,300 at the beginning of the year, to nearly $4,000 in May. However, Ethereum’s price aside, consistent problems on the Ethereum blockchain have brought to light the anger of traders and decentralized application (DApp) developers on the Ethereum
For luxury brands, usual business and marketing practices work upside down. While other businesses aim to scale, optimize and become accessible — luxury brands are supposed to be a cold and beautiful dream, causing admiration and (rarely fulfilled) desires of ownership. Building a luxury brand takes generations of storytelling, and the skill of maintaining a
Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most valuable stablecoin, by Rep. Anthony Gonzalez (R-OH). Tether claimed each coin was backed by a dollar, but that has been proven false;