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Ethereum (ETH)

Brazilian Regulator Grants Approval for Second Solana ETF in the Country

The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Brazil’s Second Solana ETF However, the newly approved Solana ETF remains in a pre-operational phase. Hashdex manages over $962 million...

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Base Achieves New Weekly Active Wallet High as the Network Attracts Developers Through Successful Campaign

Coinbase-developed blockchain Base attracted over 4 million unique wallets last week as its ‘Onchain Summer’ campaign unfolds. With this year’s campaign proving to be a hit, the same occurred last year, motivating Base to relaunch the campaign in the first place. Base hit 4 million active wallets last week, marking a new all-time high on this front. The enhanced engagement stems from its ‘Onchain Summer’ program that incentivizes builders and users alike. The Ethereum layer-2 has 600 ETH,...

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Integrierte Solana-Links auf herkömmlichen Websites: Ein Schritt in die Zukunft des Web3

Solana ist ein öffentliches Blockchainprojekt. Es ist quelloffen und dezentralisiert, wobei der Konsens durch Proof of Stake und Proof of History erreicht wird. Ihre interne Kryptowährung trägt das Kürzel SOL. Die Plattform wird auch mit Projekten wie Ethereum verglichen Die Blockchain-Technologie hat das Potenzial, die Art und Weise,...

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Tron Founder Justin Sun Introduces Memecoin Generator on Tron

Pump.fun has launched on the Tron blockchain to allow users to deploy memecoins easily. It comes with a vetting process to prevent pump and dump scams witnessed on competition platforms. Justin Sun-associated DeFi platform Sun.io has released SunPump, a memecoin generator allowing users to launch tokens effortlessly. This platform comes as competitor pump.fun, operating on the Solana network, has become the heart of the memecoin narrative over the past few months. The Solana-based memecoin...

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Recent Ronin Hack Caused by an Error Allowing Anyone to Withdraw Funds Without Signature

Ronin suffered from a $10 million attack on August 6 as an MEV bot withdrew the funds. The individual managing the bot returned those assets to the protocol. Blockchain cybersecurity firm Verichains revealed details about the Ronin chain attack on August 6, causing a loss of about $10 million. While the attack was brought by an MEV (maximum extractable value) bot overseen by a white hat hacker who returned the funds, the incident was highly concerning. The Verichains report mentioned how an...

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Five-Year Lows in Ethereum Gas Fees Can Signal Bullish Movements for Ether

Ethereum’s record low gas fees have receded to levels unseen for five years. Trends show Ether’s price increasing after such cycles. Ethereum’s gas fees have dipped to record lows, the lowest in five years. Transactions saw users paying gas of 0.6 gwei last week, a stark decrease from March’s 83.1 gwei, when the network witnessed tremendous usage, with the crypto market growing rapidly, marking a decline of about 95%. Gas fees reducing by this much can mean bullish action for Ether (ETH)...

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Meme Coin Market Looking Grim: 4 of Top 6 Losers For the Week Are Memes

While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to an all-time high Bitcoin price of $73,800 on Mar. 14, 2024. Ether, meanwhile, gained 234% from a Dec. 31, 2022 low level of $1,200 to an all-time high...

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Franklin Templeton Files for New Crypto Index ETF Offering Bitcoin and Ether Exposure

Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...

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