Recent data from Spot On Chain reveals that an address associated with the FTX exploit, specifically 0x3e9, has been responsible for transferring more than 10,000 Ether (ETH). These transactions, totaling approximately $17 million, have been dispersed across five separate addresses since September 30th. Strikingly, these addresses had remained inactive for quite some time before experiencing
Ethereum
Asset management giant VanEck has made a significant announcement, pledging to donate 10% of its profits from the soon-to-be-launched Ether futures exchange-traded fund (ETF) to Ethereum core developers for ten years. This move aims to recognize the invaluable efforts of the developers in building and maintaining Ethereum’s core technology. VanEck highlighted the importance of asset
Investment manager VanEck has recently unveiled a marketing campaign for its upcoming Ethereum futures exchange-traded fund (ETF). The release of two commercials, under the theme “Enter the Ether,” suggests that the launch of the Ethereum Strategy ETF (EFUT) is imminent, with analysts speculating it could be as early as October 2. This article examines VanEck’s
Ethereum futures exchange-traded funds (ETFs) may soon be available for trading in the United States, according to analysts at Bloomberg. The US Securities and Exchange Commission (SEC) is reportedly considering allowing multiple Ethereum futures ETFs to launch next week, with the goal of finalizing the process before a potential government shutdown. This article analyzes the
The implementation of the historic Merge upgrade in September 2022, which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), has had significant consequences on the compliance with Office of Foreign Assets Control (OFAC) standards. The Merge upgrade has led to a decline in overall OFAC compliance, raising concerns about the neutrality of the Ethereum
The recent approval of BlockFi’s liquidation plan by a United States Bankruptcy Court in New Jersey marks a significant step forward for the platform’s customers who seek repayment. On September 26, Bankruptcy Judge Michael A. Kaplan gave his approval, bringing some hope to the unsecured creditors. However, the ultimate repayment amount is uncertain and heavily
Arbitrum, a prominent Layer 2 solution built for the Ethereum blockchain, has taken a significant step by transferring the unclaimed tokens from the Arbitrum airdrop to its decentralized autonomous organization (DAO) treasury. This move, made by the Arbitrum Foundation, carries implications for users of the platform. In this article, we will delve into the details
In a recent blog post, Google Cloud announced the addition of 11 blockchain networks to its BigQuery data warehouse service. This move reflects Google’s increasing interest and involvement in blockchain technology. The 11 new blockchain networks that have been added to BigQuery include Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon’s mainnet,
The decentralized exchange Pancakeswap has recently integrated Transak as a provider in its “buy crypto” tab, offering users an additional option when shopping for cryptocurrencies. This development marks a significant milestone for Pancakeswap, which already had Mercuryo and Moonpay as providers for this feature. With Transak on board, Pancakeswap users now have a wider array
Digital currency investment company Grayscale is making waves in the cryptocurrency industry once again. The firm recently submitted a proposal to the Securities Exchange Commission (SEC) to list and trade shares of the Grayscale Ethereum Futures Trust (ETH) as an exchange-traded fund (ETF) on the New York Stock Exchange (NYSE) Arca. This move comes in