VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
Ethereum News
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with...
Vitalik Buterin defends recent ETH sales, says they’re for projects and charity
Vitalik Buterin clarifies ETH sales were for projects and charity, not profit. He held 325K ETH three years ago but...
Sony Launches Soneium Testnet & Developer Incubator Program
TLDR: Sony launched Soneium Minato testnet for its new Ethereum Layer 2 blockchain Soneium Spark incubator program announced to support...
BlackRock launches Ethereum ETF on B3 stock exchange in Brazil
BlackRock launches Ethereum ETF (ETHA39) in Brazil via BDR on B3 stock exchange. Initial trading price set between R$40-R$50 with...
Crypto Drama: Ethereum Foundation’s $100 Million Transfer Sparks Debate
TLDR: Ethereum Foundation transferred 35,000 ETH (~$96.9 million) to Kraken exchange Transfer sparked criticism over lack of transparency Foundation says...
Argentina’s Ministry of Education adds Ethereum to high school curriculum
Buenos Aires high schools will start offering blockchain internships on August 27. ETH Kipu will train 500 students in Solidity...
Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know
TLDR: Sony Group and Startale unveil Soneium blockchain, an Ethereum layer-2 network Soneium aims to bridge Web3 innovation with mainstream...
Is Ethereum’s (ETH) Price Slump Coming to an End? On-Chain Data Offers Clues
TLDR Ethereum’s price has dropped below $3,000 since early August, currently trading around $2,679. Ethereum gas fees hit a record...
Vitalik Buterin Donates $530,000 in Meme Tokens to Animal Welfare Fund
TLDR Ethereum co-founder Vitalik Buterin donated approximately $530,000 worth of “animal coins” to the Effective Altruism Funds’ Animal Welfare Fund...
Cronos zkEVM Launches Alpha Mainnet With Native Ethereum Bridge
Cronos Labs has announced the launch of its eagerly-anticipated zkEVM mainnet. Developed with support from zkSync developer Matter Labs, the...
Grayscale’s ETHE ETF Stops Bleeding After $2.3 Billion in Ether Outflows Since Launch
TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2...
Lido Finance votes to integrate stETH into BNB Chain
Lido Finance integrates stETH into BNB Chain, marking its first cross-chain move. The integration uses Axelar and Wormhole to bridge...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity
Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred...
Ethereum (ETH) Price Shows Signs of Recovery: Analysts Eye Potential 100% Rally
TLDR Ethereum’s price has started a recovery wave, rising above $2,350 after dropping to a low of $1,910. Technical indicators...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors,...
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive...
Ethereum (ETH) Price Battles Resistance: Is a Breakout Coming Soon?
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since...
Compound Finance Faces Controversy Over $24 Million Proposal
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal...
Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
