TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal was narrowly approved despite objections from many community members Critics argue this may be a […]
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value hovering above $3100. This decline comes in the wake of the much-anticipated launch of Ethereum […]
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE) saw significant outflows of $326.9 million on the second day. Most new Ethereum ETFs posted […]
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum ETF. In a landmark decision […]
TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot Ethereum ETFs in the US are set to begin trading on July 23, 2024. Multiple […]
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of the year. This increase comes despite ongoing US sanctions and legal issues for its founders. […]
TLDR Vitalik Buterin warns against choosing political allegiances solely based on a candidate’s ‘pro-crypto’ stance. He emphasizes the importance of broader technological freedoms and underlying values that inspired the crypto movement. Buterin argues that focus […]
TLDR Bitwise executive says Ethereum ETFs are “close to the finish line” for approval The SEC is reportedly open to discussions about crypto ETFs beyond Bitcoin and Ethereum Bloomberg analyst Eric Balchunas suggests July 18 […]
Dough Finance lost $1.8M in a flash loan attack due to smart contract vulnerability. Attacker exploited unvalidated calldata stealing USDC before converting the assets into 608 ETH. Users urged to withdraw funds to secure wallets. […]
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court ruling classified Bitcoin and Ethereum as commodities under the Commodity Exchange Act. Behnam argues that […]
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