Tagged: eth

Optimism’s Token Launch Might “Elevate” Its Rollup Status: Huobi Research Institute

Escalator Up Rise Increase

Optimism, one of the four “major” Ethereum Layer 2 scaling solutions, will soon be “launching a new governance and incentive token, OP, much to the community’s excitement.” This launch, which includes airdrops to early adopters and active users and contributors, has “the potential to stir… Read More

Scroll, an EVM Compatible zk-Rollup Project to Scale Ethereum, Raises $30M

Ethereum cryptocurrency

Scroll, an EVM-compatible zk-Rollup project to scale Ethereum and “create a platform that is friendly for users onboarding crypto,” recently secured $30 million from researchers and developers, members of the Ethereum community, and investment firms “including Polychain Capital, Bain Crypto, Geometry DAO, and Mapleleaf Capital.”… Read More

Crypto ETFs: 21Shares, ETF Securities Introduce First BTC, ETH Exchange Trade Funds in Australia

Double Bitcoin

21Shares AG, a Swiss-based issuer of crypto Exchange Traded Products (ETPs), and the leading ETF provider, ETF Securities have “launched two funds that offer simple, cost-effective and direct access to cryptocurrency investments.” ETFS 21Shares Bitcoin ETF is “the first Australian ETF to invest directly in… Read More

Ethereum (ETH) MainNet Shadow Fork Now Live as Transition to Proof of Stake Continues

Orson Welles as the Shadow

  Ethereum’s (ETH) very first mainnet shadow fork has gone live (as of April 11, 2022). This, as the developers of the second-largest digital currency by market capitalization continue the gradual transition to a proof-of-stake or PoS (blockchain) consensus model. The shadow fork is a… Read More

Crypto Platform OKX Partners with Ethereum Layer-2 Scaling Solution for NFTs, Immutable X

DeFi Decentralized Finance

  OKX, a cryptocurrency exchange and ecosystem, has announced a partnership with Ethereum’s Layer 2 scaling solution for non-fungible tokens (NFTs), Immutable X. As mentioned in an update shared with CI, the partnership should “accelerate OKX’s strategy to make MetaX the DeFi portal of choice… Read More

CME Group Introduces Micro-Sized Bitcoin (BTC) and Ethereum (ETH) Options

Two Bitcoin

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

Venly Announces Support for Ethereum (ETH) NFT Layer-2, Immutable X

Ethereum nick chong unsplash

Venly, a blockchain tech provider, is pleased to confirm its partnership with Immutable X, which is an Ethereum (ETH) Layer-2 scaling solution for non-fungible tokens (NFTs), in order to “popularize and enable unbeatable blockchain solutions to its growing audiences.” Venly is a blockchain tech provider… Read More

Moving to Ethereum Classic (ETC) Mining May be Viable Option for Miners on Ethereum (ETH) Network: Report

Crypto Mining Computers

The price of Ethereum Classic (ETC) surged 103% – compared to Bitcoin’s (BTC) increase of 13% – between March 13 and March 24, 2022, starting from $26 and “peaking at $48.50,” according to a report from Grayscale. The team at Grayscale noted in the report… Read More

NFTs: iZUMi Finance, HOURAI Join Forces to Bring DeFi Value to Non Fungible Tokens

NFTs Non Fungible Tokens

iZUMi Finance, a DeFi protocol bringing programmable liquidity mining to Uniswap V3, is teaming up with the HOURAI NFT project to “imbue its upcoming NFTs with value from iZUMi’s DeFi derivatives.” Each holder of HOURAI NFTs, if whitelisted (mint price at 0.1 ETH), will be… Read More

Digital Assets: ShapeShift Introduces On/Off-Ramp Flexibility for the Latest V2 Platform

Road Path Way Drive Travel Double Line

Just when you thought their open-sourced ShapeShift V2 platform was sounding like a “one-stop-shop” solution for your cryptocurrency requirements, the team at ShapeShift claims that they have made further enhancements with the integration of the Gem on- and off-ramp embedded user interface. This will allow… Read More

CoinShares Reports $47M in Digital Asset Outflows, with Negative Sentiment Focused on North America

Escalator Airport Down Tunnel Decline 2

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending March 18, 2022, there were outflows that continued “with $47 million,… Read More

Ethereum Rollups Must Improve in Key Areas, Huobi Research Institute Reports

Aspire Strive Work Goals Acheive Better Challenge

Huobi Research Institute, the blockchain research organization, recently shared a detailed report on Ethereum rollup solutions, titled “How Far is Rollup from Maturity: A Dive into Rollup’s Development Path.” In the extensive report, Huobi Research Institute analyst Barry Jiang points out some of the “drawbacks”… Read More

Bit.com Partners with TON to Enhance The Open Network Ecosystem

Hand Shake Holding Hands Partnership

Bit.com, the “high-performance” digital currency exchange, will be partnering with TON (The Open Network) to form a “strategic” partnership to “develop, enhance and expand the TON Ecosystem.” The platform will be “utilizing its trusted security partner, Cactus Custody, to support TON’s native token custody by… Read More

Crypto Taxes: Abhinav Soomaney, CEO at CryptoTax, Explains How to Manage Taxable Digital Currency Transactions

IRS Internal Revenue Service

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

Bitcoin Spent Output Profit Ratio Indicated Crypto Is Selling at Loss, Ethereum “Oversold” in Feb: Report

More Sales inside Retail Shopping Small Business Open Shop

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

Not Digital Gold: Bitcoin, Ethereum Among Worst-Performing Risk Assets During Russia and Ukraine Conflict, Report Reveals

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

ShapeShift DAO, a Decentralized, Non-Custodial Digital Asset Platform, Extends Farming Rewards

Farm Farmer Tractor

The community behind the ShapeShift DAO has “spoken,” so FOX Token farming rewards have reportedly been extended, according to an update posted on February 22, 2022. ShapeShift, a digital asset platform that transitioned into a DAO, notes that if you are farming your FOX Tokens,… Read More

DLT Evolution: Bitcoin or BTC’s Original UTXO Model, Ethereum EVM Used to Create Qtum Blockchain

Blockchain Rainbow

When we look back at the history of the cryptocurrency and the blockchain ecosystem, there will be two dates that really stand out: October 31, 2008: The day Satoshi Nakamoto released the Bitcoin whitepaper. July 30, 2015: The day Ethereum was launched. According to an… Read More

Bitcoin Adoption Continues with ConocoPhillips Selling Gas to BTC Miners, Ukraine Legalizing the Flagship Crypto: Report

Two Bitcoin in Hand

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

Cryptocurrency Donations have Increased Considerably, with The Giving Block, Fidelity Charitable Taking BTC, ETH, LTC

Bitcoin and Fiat Coins Money

Cryptocurrency donations have increased considerably along with the Bitcoin price (and those of Ethereum as well as other major altcoins). Last year, Fidelity Charitable investors reportedly donated over $330 million in digital currency, which is over 12x the amount provided back in 2020, according to… Read More

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