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Ethereum (ETH)

Following Shapella, Institutions Are More Interested in Ethereum

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ever since the Shapella upgrade, it appears more institutions are interested in Ethereum. Ethereum Is Getting Way More Attention Ethereum is the world’s second largest digital currency by market cap and the primary competitor to bitcoin. Not long ago, the asset rose beyond the $2K mark for the first time in...

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Former Ethereum Miner CoreWeave Inks an AI Deal With Microsoft

The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave. According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave. It’s worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers. It...

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Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5 

Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website.  The company will launch these products through CFTC-regulated Coinbase Derivative Exchange, promising lower fees than other US-regulated derivatives exchanges.  BTI and ETI for Institutional Investors   Coinbase has partnered with leading FCMs (Futures Commission Merchants), brokers, and front-end providers to enable...

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OpenAI CTO’s Twitter Account Hacked, Used to Promote Fake $OPENAI Crypto Airdrop

The fake $OPENAI token tweet remained active for about an hour. Another story of hackers compromising the Twitter accounts of famous personalities to steal crypto has come to light with the news that OpenAI Chief Technology Officer Mira Murati’s account was hacked. A yet-to-be-identified entity managed to gain unauthorized access to her account. The hacker used Mira’s Twitter account to promote a fake $OPENAI token airdrop, claiming that the token was motivated through AI-based language...

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Coinbase Derivatives Exchange to Roll Out Bitcoin and Ethereum Futures Trading on June 5

Coinbase Derivatives Exchange will start trading BTC and ETH perpetual futures on June 5, 2023, for non-US institutional clients only. Leading American crypto exchange Coinbase has announced its plans to introduce futures contracts for Bitcoin (BTC) and Ether (ETH) in its newly launched derivative marketplace regulated by the Commodity Futures Trading Commission (CFTC). The new venture, Coinbase Derivatives Exchange, officially debuted last month in Bermuda following approval from the...

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New Base Protocol from Coinbase Set to Go Live Later This Year

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Leading digital currency exchange Coinbase is getting ready to release its new Base protocol in late 2023. Coinbase Says It Will Bring One Billion Users Onboard Base is an Ethereum-focused, layer-2 blockchain. The program has been in a testing phase since February of this year, and those in charge are now...

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DPAT Raises Private Funding To Enhance Web3.0 Ecosystem

[PRESS RELEASE – Accra, Ghana, June 2nd, 2023] DPAT, the first Web3 crowdsourcing platform designed to connect investors with real estate and infrastructure opportunities in major African cities, has announced the launch of its highly anticipated updated roadmap and revamped website. Positioning itself as a bridge to new emerging economies, the Ethereum-backed Web3 investment platform is set to attract investors, crypto advocates, and entrepreneurs alike by offering a say in...

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Stablecoin Issuer Circle to Launch USDC Natively on Arbitrum Next Week

The launch of USDC on Arbitrum will replace the currently circulating bridged version of USDC that comes from Ethereum. In an announcement on Thursday, June 1, stablecoin issuer Circle announced its plans to launch the native version of its USDC stablecoin on the Arbitrum blockchain network. USDC on Arbitrum As per the official announcement, Circle shall replace the existing version of USD Coin, which is an Ethereum-based token bridged to Arbitrum, with a native token that runs and resides...

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ETH Remains Uncertain But $2K Seems a Likely Target: Ethereum Price Analysis

Ethereum has been consolidating within a narrow price range, tightly bound by the upper limit of the descending flag pattern and the 100-day moving average. However, a breakout is imminent and will determine the subsequent direction of the cryptocurrency. Technical Analysis By Shayan The Daily Chart Examining the daily chart, Ethereum demonstrated a period of stable price action around the $1790 mark, near the 100-day moving average, before gaining support and embarking on an...

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First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move

FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group announced the introduction of its USD stablecoin FDUSD. The company, which has its headquarters in Hong Kong, is launching the stablecoin on the Ethereum and BNB blockchains. Having a coin on multiple blockchains can facilitate better interoperability and broader adoption. It also heightens the chances of gaining access to a wider community and benefiting from each blockchain’s...

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