Ethereum (ETH)

The Japanese automobile manufacturer Honda has jumped into the cryptocurrency bandwagon by embracing several digital assets as payment options.  Interestingly, Ripple’s native token – XRP, and the popular memecoin Shiba Inu (SHIB) are among the supported ones. ‘Drive Into the Future’ With Crypto The Tokyo-based manufacturer of automobiles, motorcycles, and power equipment – Honda Motor Co. – partnered with the blockchain payment system FCF Pay to allow clients to lease or...

Asset managers continue to actively explore digital asset products, with Bitwise poised to launch trading for two Ethereum-themed ETFs next week. The release of the two products is expected to enable investors to gain exposure to CME Ether futures through the widely popular and regulated ETF format for the first time. Bitwise’s Ethereum-Themed ETFs One of the crypto index fund managers – Bitwise – announced that the trading of the Bitwise Ethereum Strategy ETF (AETH) and the...

Ethereum (ETH) may now present advantages to institutional investors over Bitcoin (BTC), according to Fidelity’s Director of Research, Chris Kuiper. During an interview with the Bankless podcast on Wednesday, Kuiper argued that legacy finance is “getting past the Bitcoin point” in terms of its understanding of crypto at large, opening its minds to other digital assets. Institutions Moving Beyond Bitcoin According to Kuiper, one of the key factors boosting Ethereum’s...

Earlier this week, cryptocurrency exchange HTX, formerly Huobi, lost roughly 5,000 ether (ETH) worth $7.9 million to a hacker. The attacker had compromised the exchange’s hot wallet and siphoned the assets in one swipe. While Tron founder and HTX advisor Justin Sun assured users that their assets were safe and the exchange would cover the losses, the crypto trading platform left an on-chain message for the hacker, giving them seven days to accept a 5% white hat bounty and...

Joel E. Cohen, a mathematician and biologist acting as the valuation adviser for Celsius Network through Stout Risius Ross, has verified the accuracy of the fair value of specific assets and liabilities of the debtors. After several months of negotiations and discussions, most Celsius creditors have recently approved a plan that would return around $2 billion worth of Bitcoin and Ethereum to the creditors. This development marks a significant step forward in resolving the...

Ethereum recently completed a community event, ACDE 171, discussing how to bring several transformative elements that could shape the future of the network, possibly bolstering security and privacy. The event covered several broad topics, including Dencun Devnets, extensive audits, the much-awaited launch of Holesky, a pioneering proposal for private ETH transfers, and significant changes to the EIP-6780 specification. The Enhancement of Privacy and Security Tim Beiko, a...

President Donald Trump holds crypto. According to a financial disclosure released in July, Trump holds anywhere between $250K and $500K in Ethereum-based assets in a crypto wallet. Donald Trump is a Crypto Holder, Allegedly The news is interesting because many people likely remember in 2019 when Trump openly spoke ill of digital currencies like bitcoin. During that period, he stated: I am not a fan of bitcoin and other cryptocurrencies, which are not money, and...

The news of the new Valkyrie ETF caused a spike in Ether price.  Asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) to a two two-for-one investment vehicle by combining Bitcoin and Ether futures contracts into one contract. The firm has already started buying Ether futures contracts. In a statement to CoinDesk, a company spokesperson wrote: “Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures...

Die Verkaufszahlen ausgewählter Non-Fungible Token (NFTs) stiegen, wie man am Beispiel der NFTs auf Basis von Polygon und Solana sehen kann: Diese verkauften sich im Laufe der letzten Woche um 20 bzw. 33 Prozent besser als alle Ethereum-NFTs, deren Verkaufszahlen im gleichen Zeitraum um fast 17 Prozent sanken, aber immer noch fast doppelt so hoch sind als die von Polygon- und Solana-basierten NFTs zusammen. Schon im Juli führte Solana die sogenannten Compressed NFTs ein, eine kostengünstige...

In an exciting twist of events, Tether, the highly-regarded stablecoin company, has disclosed its plan to collaborate with a third-party exchange to facilitate a major chain swap. Tether is transferring an enormous sum of 750 million USDT from Tron TRC 20 to Ethereum ERC20. This mega-switch doesn’t affect the total supply of USDT, ensuring the smooth transition of assets, as stated by the firm. The concept of chain swapping essentially refers to the transfer of...