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Ethereum (ETH)

SimpleSwap Exchange Marks Six Years of Evolution in the Cryptocurrency Sector

[PRESS RELEASE – George Town, Cayman Islands, May 9th, 2024] Since its creation in 2018, SimpleSwap has been committed to providing its customers with straightforward, swift, and secure cryptocurrency exchange services. Celebrating its six-year anniversary in the market, this platform takes pride in its achievements and the changes it has undergone during this time. SimpleSwap’s Growth Over the course of six years, SimpleSwap has made significant steps in its development. Its...

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Grayscale’s Ether Futures ETF Application Pulled, Reason Not Disclosed

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the...

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SolanaVM is Bringing 68 Billion Value EVM dApps to Solana, With Their EVM Compatible L2 Chain

[PRESS RELEASE – London, UK, May 8th, 2024] In a world where decentralized finance (DeFi) operates with unprecedented speed, transactions are completed in nearly real-time, and transaction fees are significantly reduced from current rates. This vision is not merely aspirational; it is the future being constructed by SolanaVM. SolanaVM focuses specifically on bridging the gap between Ethereum, the current leader in DeFi, and Solana, a high-speed blockchain network. The total...

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WBTC Scammer Transfers $71 Million Loot Following Poisoning Fraud

The individual associated with a recent $71 million wallet phishing attack has finally begun transferring the funds to new addresses. The scammer’s wallet remained inactive for the last six days after converting the stolen 1,155 WBTC into around 23,000 ETH. Scammer Transfers Stolen Crypto The bad actor stole Wrapped Bitcoin (WBTC) on May 3 after creating a wallet address closely resembling the victim’s in an “address poisoning” scam. The address featured similar alphanumeric...

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Coinbase’s Layer 2 Base Stands Out as Top Choice for New Capital

Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. However, the latest analysis by IntoTheBlock revealed that Base continues to be the primary attraction for new capital. Investors Flock to Base Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a...

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Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

[unable to retrieve full-text content]CoinspeakerBitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers. Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)

During the ongoing cycle, BTC and ETH have witnessed a growing divergence in their respective performances. According to Glassnode’s findings, this can be attributed to a general trend of weaker capital rotation, particularly in comparison to previous cycles and all-time high breakthroughs. Ethereum Receives Weak Capital Flows Leading up to bitcoin’s peak established on March 14, Glassnode observed a surge in speculative activity. As per its latest on-chain weekly report,...

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