Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), […]
Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?
Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, […]
Make Ethereum Cheap Again: ‘Blobs’ to be launched via Dencun upgrade on March 13
Blob-carrying transactions are like normal transactions except that it carries an extra piece of data. The intended effect: more block space and cheaper transactions.
$830M fraud arrests, Nobody’s 3,000% premium, Binance snitches get riches: Asia Express
Arrests over alleged $830M Korean crypto scam, huge premium paid for Nobody NFT, UBS tokenizes a call option on Ethereum: Asia Express.
What Is ERC-404, the Experimental Ethereum Token Standard?
A group of developers shake things up in the Ethereum space with a new token standard. Continue reading at DailyCoin.
Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing
Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating despite expressing concerns earlier over its liquidity in a regulatory filing. Bakkt wrote that “management remains confident” and intends to continue serving clients and moving toward profitability. The exchange added that its filing with the SEC for […]
Bitcoin Miner Hut 8 Appoints New CEO Weeks Following Short-Selling Report
Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. According to an official release, former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November […]
Lido DAO (LDO) Sees Price Rise Despite Whale Dump Concerns
Despite recent speculation about a whale dump, the price of Lido DAO (LDO) has defied expectations, experiencing a 2.92% increase to reach $2.87 over the past 24 hours, countering the downward trend of the previous week. Reports surfaced a few hours ago indicating that MakerDAO founder Rune Christensen (@RuneKek) withdrew 300,000 LDO tokens valued at […]
Space ID ($ID) Surges 87% Following Upbit Listing
The price of Space ID ($ID) has experienced a significant surge of approximately 87% after the announcement of its listing on Upbit. Recent on-chain reports have uncovered intriguing activity involving DWF Labs (DWFLabs), shedding light on a series of transactions. DWF Labs withdrew a substantial amount of $ID tokens, totaling 3.62 million ($1.73M), from OKX […]
Blur (BLUR) Gains Momentum With Innovative NFT Trading Platform
Blur (BLUR) is swiftly capturing attention with its groundbreaking NFT trading platform built on Ethereum. Leveraging the Ethereum blockchain as an ERC-20 token, Blur benefits from the robust security provided by Ethereum’s Proof-of-Stake consensus mechanism. Setting itself apart from other NFT marketplaces, Blur boasts a plethora of features designed to enhance the NFT trading experience […]