Tag Archives: Ethereum (ETH)

Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.  In a recent turn of events, the US Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application for a spot Ethereum (ETH) exchange-traded fund (ETF). Sharing the news on Tuesday, Nate Geraci, President of The ETF Store, announced on X (formerly Twitter) that the SEC has officially acknowledged the...

According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...

Juno is a new banking solution organization that focuses on redistributed assets decentralized in nature and based on distributed ledger systems and blockchain technology. Recently, it has managed to raise $3 million in seed funding from investors. The firm is said to attract the attention of high profile firms including Polychain Capital and Sequoia Capitals’ Surge. Juno is expected to become available to a few markets this year but it will further expand next year with a fresh new approach...

Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...

UNICEF, the United Nations Children’s Fund, announced they are launching a crypto fund to, as per the announcement “receive, hold and distribute donations of Bitcoin and Ethereum in its aim to back open-source technology for children around the world.”On Wednesday, UNICEF said that the Cryptocurrency Fund will be among the first of United Nations organizations that will be given benefactions as are cryptocurrencies and it will allocate in the same digital currency form.The United Nations...

In what seems to be cooperation between two of the biggest organizations in technology, Microsoft and Intel have indicated their willingness to back the reward token of the Enterprise Ethereum Alliance which is the сryptospace’s first open standards association which sets the standards for Ethereum’s blockchain architecture.The token was revealed at the annual Ethereum developers conference taking place in Osaka, Japan (Devcon 5) as a means of providing compensation for those who are involved...

2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...

Founded in 2017, ASR Cryptotechnology is a blockchain startup that is building a result-driven smart contract platform. It is headquartered in Czech Republic, and the main aim of its activity is to offer business solutions that can satisfy the modern needs of the world that is now focused on such processes as tokenization and blockchain adoption.Aerum BlockchainThe company has introduced blockchain that is named Aerum. It is driven by the ATMOS 1.0 protocol which is a special cross-chain...

Venezuela’s President Nicolas Maduro openly admitted that his policy is definitely pro-crypto – especially regarding Bitcoin and Ethereum. He said Venezuela’s government will use cryptocurrencies as a “method for free national and international payments.”Let’s not forget that the U.S. imposed sanctions that have largely isolated the country from the global financial system, causing one of the world’s most severe economic crises and forcing statesmen and executives to use a whole new network...

The prevalence of underbanked people in the United States is a cause for concern. Currently, eight percent of 115 million households in the United States alone are underbanked or don’t have access to banking services such as checking accounts, savings, loans, or lines of credit. This prevalence is driven largely by high fees, inconvenience, and a distrust of traditional banking systems. While there’s no fast or easy solution to America’s underbanking issue, could cryptocurrency ATMs be the...