Ethereum’s DeFi Sector Sees Restaking Surge to Second Place
Coinbase examines the potential long-term significance of restaking for Ethereum yields, particularly if native stake issuance decreases. Since The Merge in September 2022, when the Ethereum blockchain transitioned into a Proof-of-Stake (PoS) network, the platform’s liquid staking protocols have increased dramatically. In recent times, however, restaking has received even more attention with the rise of liquid […]
Crypto Traders Place $2.4M Bet on Spot Ether ETF Approval Outcome
Cryptocurrency gamblers are wagering on the United States Securities and Exchange Commission (SEC) approving a spot Ether exchange-traded fund (ETF) before May 31. According to the crypto gambling website Polymarket, traders have placed “Yes” or “No” wagers regarding approving a spot Ether ETF application by the end of May. Bets have exceeded $2.4 million, with […]
Fidelity Files S-1 Application With US SEC for Spot Ether ETF
On March 27, Fidelity submitted an S-1 application to the US Securities and Exchange Commission (SEC) to establish a spot Ether exchange-traded fund (ETF). The Cboe BZX Exchange would facilitate trading of the asset management behemoth’s ETF. Affiliated with sponsor FD Funds Management, Fidelity Digital Asset Services would be responsible for the custodianship of the […]
Google Integrates Ethereum Name Service with Etherscan
Google’s integration with Etherscan for Ethereum Name Service (ENS) improves crypto visibility and allows for further exploration of the extended service. Google has recently expanded its cryptocurrency offerings by partnering with Etherscan for Ethereum Name Service. The integration aims to improve transacting visibility and accessibility for crypto users, specifically Ethereum transactions. At the outset, Google enabled users to conduct […]
Ex-CFTC Commissioner Deems SEC’s Ethereum Approach “Illegal”
Former CFTC commissioner Brian Quintenz condemned the SEC’s conduct as “illegal” regarding Ethereum. Brian Quintenz, a former commissioner of the Commodity Futures Trading Commission (CFTC), has faulted the Securities and Exchange Commission’s (SEC) position on Ethereum (ETH). He characterized the SEC’s stance on ETH as “illegal” and raised concerns regarding the possibility of regulatory ambiguity. Former CFTC Commissioner […]