Stay up to date with Ethereum News, dedicated to covering the second-largest cryptocurrency’s technological developments, Ethereum-based projects, and market changes. Discover the latest on DeFi expansions, Layer-2 solutions, and smart contract innovations shaping the future of Ethereum’s ever-evolving ecosystem.
Vitalik Buterin argues #Ethereum is more decentralized than #Bitcoin at ETHCC in Brussels. He highlights Ethereum’s diverse validators and energy-efficient Proof-of-Stake model post-Merge, contrasting Bitcoin’s mining pool dominance. Ethereum’s 1M validators underscore its robust decentralization. #CryptoNews
Cboe will launch five spot Ethereum ETFs on July 23, 2024, confirmed by Nate Geraci from @ETFStore. Grayscale Investments increases fees while others waive them. Ethereum trades above $3500, up 11% weekly. This can boost crypto investment. #Ethereum $ETH
#Update Investors are excited as the spot $ETH ETF approval nears in 3 days. Yet, ETH supply rises by 60,000 ETH/month since April, totaling a 150,000 ETH increase recently. Analyst Benjamin Cowen points to Fed policy for price moves. Potential multi-billion dollar inflows seen by end of 2024.
? The @CBOE is set to launch five new spot $ETH ETFs on July 23, marking a significant milestone for institutional crypto adoption. Analysts predict potential price spikes above $5000. #Ethereum #CryptoNews
Bitcoin surges above $66K (+4.7%), highest since June. $ETH climbs past $3,500 (+3%), $SOL over $170 (+8%). Short positions see $6M liquidated in the last hour. Altcoins $BNB, $DOGE, and $ADA also gain. #CryptoNews
RhoMarketsHQ on Scroll’s Ethereum Layer 2 suffered a $7.6M breach due to an oracle misconfiguration, affecting USDC and USDT pools. Operations were paused for investigation. The attacker offered to return funds if the issue was acknowledged as a system flaw. #DeFi #Update
Galaxy Digital (@galaxydigital) acquires CryptoManufaktur in a $1B deal, boosting staked Ethereum assets by 43%. This move enhances their blockchain infrastructure and Oracle Data-as-a-Service capabilities. CMF’s team, including founder Thorsten Behrens, joins Galaxy, strengthening their services. #Update #Ethereum
? Indian crypto platform @WazirX was exploited for $235M on July 18, allegedly by North Korea-backed Lazarus Group. The attacker converted assets into 60K ETH ($201.67M). #Crypto #SecurityAlert
Grayscale (@Grayscale) cuts Ethereum Mini Trust fees from 0.25% to 0.15% and waives them for six months up to $2B AUM. This move strengthens its competitive edge in crypto ETFs. #CryptoNews #Ethereum
Indian crypto exchange @WazirX hacked on July 18; $200M in assets stolen, including 15,298 $ETH, $102M in $SHIB, and $11.25M in $MATIC. Hacker’s wallet now holds 59,097 $ETH. WazirX halts withdrawals, suspects North Korea’s Lazarus group. #CryptoSecurity
Crypto traders are on alert as $2B in $BTC, $ETH, $SOL, $XRP, and $MATIC options expire on Deribit amid slight selling pressure. The Fear and Greed Index jumped from 25 to 60, indicating high market volatility. #Update
#CryptoNews
Grayscale announces a full fee waiver for its $ETH ETF Mini-Trust up to $2B in inflows or six months, cutting fees to 0.15%, the lowest among competitors. Ethereum trades at $3,400 with bullish sentiment. #CryptoNews
? The WazirX hacker converted all stolen altcoins into $ETH, amassing 59,097 ETH worth $201M. This move comes just before the Ethereum ETF launch, which could push ETH to $4,000. The hacker still holds $12-$15M in other altcoins like CHR, CELR, OOKI, and FRONT. #CryptoNews
Ethereum co-founder @VitalikButerin warns against voting for politicians based solely on their crypto stance, highlighting risks of superficial support that could overshadow key principles like privacy. Leaders must prioritize ethics over endorsements to ensure blockchain integrity. #Crypto
