TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler behind Arbitrum One. Base leads all Ethereum layer 2s in transactions per second (TPS) over […]
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024 VanEck analysts predict ETH could hit $22,000 by 2030, driven by growing demand and scaling […]
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast and Optimism. Base’s total value locked (TVL) has seen significant growth, nearly sextupling from $1.3 […]
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on Ethereum, a 38% increase from the previous month. Ondo Finance’s crypto wallet, labeled as “OUSD […]
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The move faced strong opposition from industry leaders and competitors, who argued that ZK technology should […]
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. ARK Invest and 21Shares will […]
TLDR BlackRock’s updated Form S-1 for its iShares Ethereum Trust (ETHA) suggests that the launch of U.S. spot Ether ETFs could be imminent, with analysts predicting a potential late June launch. The updated filing provides […]
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its […]
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to […]
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum exchange-traded funds (ETFs). In a recent interview with Bitcoin podcaster Peter McCormack, Saylor stated that […]
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