Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push
The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.
Ethereum
‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’
A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
This week in blockchain tech: Polygon’s new “chain development kit,” Farcaster’s move to Optimism, Shibarium’s return and Interlay’s new Bitcoin layer-2 network, and Pancake Swap expands to Consensys’s Linea.
Ethereum ‘Restaking’ Takes Shape as Next Big Trend in Blockchain Security
Why build your own security apparatus when you can rent? That’s the premise behind “restaking,” a new concept taking hold in the crypto landscape – where the ether (ETH) tokens that are deposited or “staked” on Ethereum, the world’s second-largest blockchain – as a guarantee of security – can get reused and repurposed for smaller … Read more
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
Past eras of crypto development were marked by a rapid proliferation in protocols for decentralized finance (DeFi) or other purposes, built atop big blockchains like Ethereum. Recently, however, there’s been a mini-explosion in new blockchains, including so-called layer-2 networks built atop Ethereum. The trend is encapsulated in this week’s launch of the Sei network – … Read more
Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
Inflows to Coinbase’s (COIN) new Base blockchain were muted on the first day after its official launch, failing to meet the expectations of some crypto traders that massive amounts of capital would flow in. Just over $10 million was bridged, or transferred, to the new blockchain in the past 24 hours, according to data in … Read more
Donald Trump Holds Up to $500K in Crypto
Former U.S. president Donald Trump holds up to $500,000 in an Ethereum wallet, a recently released filing with the U.S. Office of Government Ethics revealed. Trump, who is running for the oval office again in 2024, has been a long standing crypto skeptic. However, he released a collection of non-fungible token (NFT) cards last year … Read more
Visa Tests Way to Make Paying Ethereum Gas Fees Easier
Paying fees for transactions on the Ethereum blockchain is too complicated for most people. That’s the belief of credit-card giant Visa (V). It has completed testing a new way to allow users to pay the fees, known as “gas fees,” in fiat currency with their credit card, the company wrote in a blog post on … Read more
Base Is Here, But Some of Its Projects Raise Red Flags
[ad_1] Web3 Base Is Here, But Some of Its Projects Raise Red Flags This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools. By Rosie Perper Aug 12, 2023 … Read more