TLDR Spot Ethereum ETFs have received final approval from the SEC to begin trading on Tuesday, July 23, 2024. Several major firms including BlackRock, Fidelity, and VanEck will offer Ethereum ETFs. Ethereum ETFs are expected […]
TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees for up to 6 months or until the fund reaches $500 million in assets. Other […]
TLDR Former Ethereum developer Virgil Griffith’s prison sentence has been reduced by 7 months. Griffith was originally sentenced to 63 months for violating US sanctions on North Korea. A federal judge agreed to reduce his […]
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0 roadmap to enhance its layer 2 ecosystem. POL will become the native gas and staking […]
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 […]
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly higher than VanEck’s 0.20% and Franklin Templeton’s 0.19% The competition among ETF issuers is driving […]
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