Blockchain analytics company Lookonchain reported that significant investors took advantage of Ethereum’s price plummet last week to grow their holdings. During that period, the value of Ether dropped to below $1,600. Indications suggest that affluent investors possessing substantial amounts of…
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ARK Invest, 21Shares Partner for Ethereum Futures
In a move set to capture the growing interest in cryptocurrency investment, ARK Invest and 21Shares have announced their joint venture to introduce an Ethereum Futures Exchange-Traded Fund (ETF). This strategic collaboration between two prominent players in the investment and…
Is Staking Ethereum Still Profitable? How to Stake Ethereum
Ethereum staking is the process of adding some ETH tokens to activate a validator software. Apparently, adding those ETH tokens to the network automatically makes you a validator. As a validator, you will perform a lot of duties. For instance,…
Crypto Community Optimistic Over Arbitrum, a New Ethereum Layer 2 Solution
Blockchain technology has brought several benefits but also some significant challenges. One of these issues is scalability or the ability of the network to handle the increasing amount of data, traffic, or users without compromising performance. Blockchain layer one projects,…
Is Ethereum at Risk? – Could Ethereum’s Security Classification Shatter the Cryptocurrency Market? The Risks and Rewards of Regulatory Clarity
Letitia James, the Attorney General of New York, made history by filing a lawsuit against KuCoin, alleging that the cryptocurrency exchange violated state regulations by operating without registering as a securities and commodities broker-dealer. What sets this lawsuit apart is…
Ethereum Staking Profit: Only 16% of Ethereum Stakers Are realizing Profits as Shanghai Upgrade Looms. Expert Tips for the Upcoming Shanghai Upgrade
The upcoming Shanghai upgrade for Ethereum is expected to bring about changes that could affect the profitability of staking. In this article, we explore the profitability of Ethereum staking before the upgrade. According to data from Staking Rewards, only 16…
Ethereum Co-Founder Expects Network to Reach New Heights in 2023
Ethereum co-founder Vitalik Buterin is optimistic about the upcoming year and expects to achieve a significant milestone as far as the Ethereum roadmap is concerned. Additionally, the Ethereum developer has confirmed that the Ethereum Improvement Protocol (EIP) 4884 will be…
NFTs Are Now Being Used For Issuing Court Summons
NFTs are being used to serve digital summons as part of the court system’s adoption of blockchain technology. First NFT Court Summon In Italy A former employee and a contractor have received court summons from RBB Lab, a technological development…
Belgium Declares that Bitcoin and Ethereum Are Not Securities
Belgium’s Financial Services and Markets Authority has declared that crypto assets without issuers, like Bitcoin (BTC) and Ethereum (ETH), are not securities. In a press release on November 24, the financial regulator stated that it is unconcerned with the technology…
FTX Hacker Identified As One Of The Largest ETH Holders
The hacker who used an exploit to steal money from the now-defunct FTX has been revealed as the 35th-largest Ethereum owner, holding a total of 228,523 ETH valued at $284.82 million. The FTX Attack According to well-known cryptocurrency security company…