Ethereum (ETH)

Decentralized exchange Curve Finance has teamed up with Metronome and Alchemix to offer a 10% bug bounty to the attackers behind the recent exploit that saw more than $50 million siphoned off the platforms’ pools. According to an on-chain message on one hacker’s Ethereum address, the protocols are willing to cease the pursuit of the case if the attackers return 90% of the stolen funds, keeping 10% for themselves. Curve, Metronome, and Alchemix Offer Hacker 10% Bounty Recall...

While anticipation over a potential Bitcoin (BTC) spot ETF has gripped investors, an Ethereum (ETH) ETF approval may also be waiting in the wings. Bloomberg analysts are now assigning 75% odds of one such product being approved in the United States this year. Ethereum ETF On The Horizon As tweeted by Bloomberg ETF analyst James Seyffart on Friday, the organization’s approval odds are the same as those it assigned for a Bitcoin futures ETF in early September 2021. The very...

Bitcoin wallet provider Casa has unveiled Ethereum vaults, which are designed to give Ethereum fans and holders more secure options for keeping control of their money. Casa Says “Yes” to Housing Ethereum There’s a common theme in the digital currency world. The theme is, “Not your keys, not your coins.” The statement refers to custody practices and third parties in which custody responsibilities are trusted to figures or companies that are not the actual owners of...

Ethereum’s price has gradually declined over the past few weeks after being rejected from the psychological resistance level of $2,000 once more. However, there is a considerable chance to initiate a new bullish leg in the short term. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has recently demonstrated bearish price action. The 50-day moving average, located around the $1,900 mark, was broken to the downside after holding the mark for a...

Binance is getting a lot of heat from the Securities and Exchange Commission (SEC) and related agencies. Not long ago, Jareck Jakubcek – the head of law enforcement at Binance APAC – sat down for an interview to explain the regulatory issues surrounding crypto and to explain that digital assets aren’t immune to criminal activity. What’s Going on with Binance? He stated: At Binance, we welcome opportunities to actively engage with regulators, and we support clearer...

Sygnum, Fireblocks and Wyden Join Forces to Enable Crypto Asset Offering for Luzerner Kantonalbank AG Sygnum, Fireblocks and Wyden have teamed up to offer Luzerner Kantonalbank (LUKB) a fully integrated solution for the trading, custody and transaction monitoring of crypto assets. The fully licensed universal bank plans to offer crypto assets to its clients by end of 2023 at the earliest. Sygnum, the world’s first digital asset bank, Fireblocks, an...

The Australian Securities and Investments Commission (ASIC) filed a lawsuit against the trading platform eToro, alleging that its contract for difference (CFD) product could harm investors. That type of monetary tool is a leveraged derivative contract that enables customers to speculate on the prices of equities, commodities, stock market indices, and digital assets.  The platform was among the first in its field to hop on the cryptocurrency bandwagon, allowing trading...

The American investment platform Robinhood released its financial results for the second quarter, revealing that crypto trading revenue plunged by 18% compared to the Q1 figures. One reason behind the downtrend could be the company’s decision to delist certain digital assets, deemed securities by the US SEC, such as Solana (SOL), Cardano (ADA), and Polygon (MATIC). The Latest Numbers Despite reporting solid overall profits in Q2, Robinhood announced that crypto trading...

Crypto trading platform Bitstamp has introduced an XRP lending service offering a “permanent” 2% yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for 2% APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT). Permanent Yield On XRP? As explained by Bitstamp in a blog post on Thursday, the company partners with Tesseract for its lending service, which “only lends...

Ethereum developers are working to take their digital baby to the next level. They’re now establishing something called “distributed validator technology” or DVT. Ethereum Continues Its Trek Forward Right now, there are more than 600,000 Ethereum validators in the world. The problem is they are too independent of each other, so what one might see as a successful pushing of transactions forward, another might see as a failure. Also, these validators are still prone...