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    Ethereum

    Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report 

    Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter.

    Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations

    Eclipse Labs founder and CEO Neel Somani has announced he will be “temporarily reducing” his role as the public face for the firm following serious allegations of sexual misconduct.

    Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

    The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was set to rule on several spot ETH ETFs.

    Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading

    Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network with new capabilities allowing the firm to combat counterfeit asset trading.

    Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

    Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden.

    SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF

    The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF).

    U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance

    House Financial Service Committee Chair Patrick McHenry took to X on April 30 to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in his testimony to the Financial Services Committee last April.

    SEC And Gary Gensler Believed Ether Was A Security For At Least A Year, New Court Docs Reveal

    The United States Securities and Exchange Commission (SEC) and its Chair Gary Gensler appear to have believed Ether (ETH) was a security for at least a year-long period, according to Monday findings.

    Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?

    Reaching a major milestone, Lido Finance, the leading liquid staking protocol on Ethereum, now controls over 28.5% of all staked Ether, raising questions about the potential of DeFi to challenge traditional finance (TradFi).

    Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May

    Tron CEO and founder Justin Sun said it is unlikely an Ethereum exchange-traded fund (ETF) will be approved in May with the cryptocurrency in need of “long-term education with regulators.”

    Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC

    Asset management firm Franklin Templeton has listed its Ethereum exchange-traded fund (ETF) under the ticker EZET on the Depository Trust and Clearing Corporation (DTCC) website.

    Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH

    NFT art collection CryptoPunks has sold another record-breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X.

    $510 Million in Ethereum Longs at Risk Amid Potential Weekend Volatility – Massive Price Swing Incoming?

    Over $500 million in Ethereum (ETH) long positions could be liquidated if the price experiences another major drop this weekend. This concern stems from the recent volatility witnessed in the ETH market, with sharp price swings becoming a recurring theme.

    Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH

    NFT art collection, CryptoPunks, has sold another record-breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X.

    Consensys Files Lawsuit Against the SEC Over Ethereum Regulation

    Ethereum developer firm Consensys, managed by Joe Lubin, filed a lawsuit on April 25 against the U.S. Securities and Exchange Commission (SEC) over its “overzealous regulation” around the Ethereum blockchain.

    Pyth Network Price Feeds Launch on Morph Giving Developers Access to Real-Time Feeds

    Pyth Network has now launched its Pyth Price Feeds on Morph testnet, a Layer 2 which is looking to redefine the Ethereum scaling experience by combining ZK technology and optimistic rollups. This update will allow smart contract developers access to over 500 real-time price feeds across digital asset classes.

    SEC Delays Decision on Franklin Templeton’s Spot Ethereum ETF Application

    The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding Franklin Templeton’s proposed spot Ethereum ETF, extending the deadline to June 11, 2024. This news comes from a filing made public today, leaving the future of this financial product uncertain for the time being.