Fidelity takes another step toward spot ether ETF, but hurdles likely remain

Fidelity takes another step toward spot ether ETF, but hurdles likely remain

The Fidelity Ethereum Fund, like other proposed ETH ETFs, seeks to stake a portion of its assets, according to the firm’s Wednesday registration statement

News 2024-03-28 18:09
Inscriptions push blobs to reach set utilization limit on Ethereum

Inscriptions push blobs to reach set utilization limit on Ethereum

- Blob transactions on Ethereum have spiked up, surpassing the set capacity. - The surge in blob transactions is linked to the introduction of inscriptions on blobs.

News 2024-03-28 17:58
Following Binance, KuCoin is sued by the U.S. Department of Justice

Following Binance, KuCoin is sued by the U.S. Department of Justice

Since 2022, KuCoin has faced regulatory issues in multiple locations worldwide and is now being sued by the U.S. Department of Justice, with platform assets experiencing a net outflow of 600 million US dollars in the past 24 hours.

News 2024-03-28 14:05
Vitalik Buterin highlights account abstraction in security and convenience, talks metaverse

Vitalik Buterin highlights account abstraction in security and convenience, talks metaverse

- The Ethereum co-founder said account abstraction for the network includes both security goals and convenience goals. - Buterin also said that the concept of the “metaverse” is still very “poorly defined.”

News 2024-03-27 17:14
KuCoin sees nearly $800 million in net outflow following DOJ indictment

KuCoin sees nearly $800 million in net outflow following DOJ indictment

- Nansen data showed that KuCoin’s net outflow amounted to over $780 million on multiple chains over the past 24 hours. - The exodus appears to have a “small impact” on overall reserves, CryptoQuant CEO said on X.

News 2024-03-27 16:01
Blast On-Chain Protocol Munchables Stolen $62.5 Million

Blast On-Chain Protocol Munchables Stolen $62.5 Million

The Blast on-chain protocol Munchables had approximately $62.5 million worth of ETH stolen due to hiring a North Korean hacker.

News 2024-03-27 14:53
El Salvador Doubles Down on Bitcoin

El Salvador Doubles Down on Bitcoin

El Salvador purchases 1 BTC daily, with the current holding reaching 5,690 coins, demonstrating strong confidence in the future of cryptocurrencies.

News 2024-03-26 14:54
SEC plans to ask judge for $2 billion in fines and penalties from Ripple Labs

SEC plans to ask judge for $2 billion in fines and penalties from Ripple Labs

The filings, which Ripple Chief Legal Officer Stuart Alderoty said will be made public on Tuesday, continue the company’s years-long case with the SEC.

News 2024-03-26 14:53
A Quick Overview of the 10 Winning Projects at the ETHGlobal Farcaster Frames Hackathon

A Quick Overview of the 10 Winning Projects at the ETHGlobal Farcaster Frames Hackathon

The three-day Farcaster Frames hackathon hosted by ETHGlobal has concluded. This article reviews the 10 award-winning projects.

News 2024-03-26 14:26
FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks

FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks

FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks

News 2024-03-25 18:02