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...
Ethereum News
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 ZK Token Airdrop Sparks Controversy Over Sybil Filtering
TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop...
Base Surpasses $8 Billion in Total Value Locked: Becomes Second-Largest Ethereum L2
TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler...
VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024...
BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded...
Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to...
Vanguard Reaffirms Stance Against Spot Ethereum ETFs Despite SEC Approval
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of...
Hashdex has withdrawn its Ethereum ETF application
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures...
Michael Saylor Endorses Ethereum ETFs as Beneficial for Bitcoin
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum...
The Wait Is Over: SEC Greenlights Spot Ethereum ETFs, Buckle Up Because Crypto is Winning
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds...
Here’s why Ondo Finance (ONDO) price is soaring
Ondo Finance (ONDO) price surges to a new all-time high above $1.15. The Ondo price surge is driven by SEC...
ETH ETF Soon? Asset Managers Amend Spot Ethereum ETF Filings, Removing Staking Provisions
In a significant development for the cryptocurrency market, asset management firms BlackRock, Bitwise, and Grayscale have submitted amended 19b-4 filings...
Standard Chartered anticipates spot Ethereum ETFs approval this week
Standard Chartered expects SEC approval of Ethereum ETFs this week. The bank predicted inflows of $15-45 billion that could drive...
Conflict of Interest? Ethereum Researcher’s Controversial EigenLayer Advisory Role
Ethereum Foundation researcher Justin Drake has recently disclosed his acceptance of an advisory role at EigenFoundation, the non-profit organization behind...
Ethereum (ETH) Path to $10K: Coinbase & Analysts are Bullish
Ethereum (ETH), the second largest cryptocurrency, has seen mixed performance lately but it may be gearing up for a major...
MIT Brothers Arrested for Alleged $25M Ethereum Blockchain Manipulation
In an unprecedented case, two brothers who studied math and computer science at the prestigious Massachusetts Institute of Technology (MIT)...
Dencun is Destroying Ethereum’s “Ultrasound Money” – CryptoQuant
Dencun, Ethereum’s major upgrade in mid-March, while promising to enhance the network’s scalability, is showing a nasty side effect. According...
Ethereum Under Attack: SEC “Protecting Financial Landscape” Consensys CEO Slams SEC’s Crypto Crackdown
Ethereum co-founder and Consensys CEO Joseph Lubin has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling...
Eclipse CEO Neel Somani Addresses Sexual Misconduct Allegations, Steps Back from Public Role
Eclipse founder and CEO Neel Somani has announced that he will be temporarily reducing his role as the public face...
