The US Securities and Exchange Commission has postponed its decision on multiple Ethereum exchange-traded funds (ETFs) until May 2024. Continue Reading
Grayscale Investments, in collaboration with NYSE Arca, has submitted a request to the U.S. Securities and Exchange Commission (SEC) for permission to transform the Grayscale Ethereum Trust (ETHE) into an Ethereum spot exchange-traded fund (ETF). Continue Reading
Chainlink's CCIP protocol has been launched on Ethereum's layer 2 scaling solution, Arbitrum One, with the aim of facilitating the development of cross-chain decentralised applications (DApps).Continue Reading
The long-awaited Shanghai update of Ethereum has been launched, attracting the attention of the majority of the cryptocurrency community. This development, which allows the withdrawal of previously staked Ethereum, was slated to go live on Thursday (Australian time).Continue Reading
The Ethereum Shanghai upgrade, which will enable phased staking withdrawals, has a scheduled launch date. On March 28th, the Ethereum protocol support team announced that the hard fork will take place on April 12, two weeks from the update's posting. Continue Reading
Ethereum 2.0, the second largest cryptocurrency by market capitalisation, has successfully finally moved to its proof-of-stake consensus mechanism. In doing so it will reduce its energy consumption by a whopping 99.5% compared to its previous proof-of-work system. Per TheVerge, the enormous pollution reduction comes from a change in how Ethereum users earn new...Continue Reading
Why Ethereum is Crucial for the Future of Crypto Mining Last Friday, the deposit contract for staking Ethereum (ETH) on the Beacon Chain reached over 10% of the entire supply, containing over 12 million in Ethereum. Formerly known as ETH 2.0, the deposit contract for Ethereum’s consensus layer now has ETH worth over $34 billion...Continue Reading
This week we cover: Ethereum 2.0 launch COVID-19 and the effects on the Cryptocurrency market Record highs across the whole market Fear, Greed & Mentality Ethereum 2.0 to be launched on 1st December The long anticipated Ethereum 2.0 has finally been announced, and will be released on 01/12/2020. The concerns following low staking contributions seem...Continue Reading
Could Bitcoin reach 100k in 12 months? Over the past 4-6 months Crypto and Bitcoin has been gaining considerable popularity within the mainstream world of finance. This week marked another milestone when Bitcoin hit $18,476, and is persistently on its way to reaching all time highs. With this momentum happening, Bitcoin is now being described...Continue Reading
VITALIK STRIVING FOR MOST SECURE CHAIN This week, Vitalik Buterin,Ethereum co-founder, made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the Ethereum proof of work...Continue Reading
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