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Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July, […]
The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500 The Ethereum Foundation has once again dumped more Ether tokens, this time offloading 300 ETH worth more than […]
BingX’s hot wallet was hacked resulting in the theft of $43 million in cryptocurrencies Funds stolen included ETH, BNB, USDT, and over 300 other coins and tokens On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB BingX has been hacked, with the security breach resulting in the draining of […]
Google Cloud announced the new blockchain remote procedure call service on Sept. 17 The blockchain RPC service is compatible with Ethereum and offers up to 100 requests per second. Google Cloud targets developers in the web3 space, aiming to scale development and deployment of decentralized applications. Google’s cloud computing platform has announced the launch of […]
DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain and Web3 for institutional-grade access. Singapore’s DBS Bank is set to launch over-the-counter (OTC) crypto options trading and structured notes in the fourth quarter of […]
Ethereum devs consider splitting the Pectra upgrade into two phases for a 2025 launch. The first phase is targeted for release by February, with June seen as a deadline. Pectra upgrade includes the Prague (execution) and Electra (consensus) layer upgrades. Ethereum developers are contemplating a split of the much-anticipated Pectra upgrade into two phases to […]
Starknet community approved a dynamic minting curve for STRK tokens. The minting curve adjusts token supply based on staking participation levels. Starknet Foundation can modify minting parameters to manage inflation and rewards. The Starknet community has successfully passed a proposal to implement a dynamic minting curve for STRK tokens, a significant move to balance staking […]
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges from competition and reduced network revenue and fees. VanEck is set to close its Ethereum Strategy ETF (EFUT) by September 16, 2024, with liquidation expected […]
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are available only to Swiss residents with the necessary agreements signed. Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), […]
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due to liquidity issues and Grayscale’s $2.5B outflows. Recent trends in the cryptocurrency exchange-traded funds (ETF) market have highlighted a significant […]