Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets. According […]
Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positions Hong Kong as a pivotal player in the Asian cryptocurrency market and underscores its ambition […]
A recent poll conducted by Christine Kim, a researcher at Galaxy Digital, has revealed significant misconceptions within the Ethereum community regarding the blockchain’s economic security. The poll, which asked the crypto community to assess the security threshold of ETH staked in securing the blockchain, indicated a lack of awareness about the actual risks of an […]
On Tuesday, Steven Nerayoff, a former advisor to the Ethereum network, filed a lawsuit against the US government, seeking $9.6 billion in damages. The lawsuit, filed under the Federal Tort Claims Act (FTCA), accuses the government of false prosecution and a series of other serious allegations spanning from 2019 to 2023. Ethereum Insider Vs. The […]
Steven Nerayoff, a former advisor to Ethereum and now better known als “ETH insider or whistleblower”, has taken to X (formerly Twitter) to announce that the long wait for his potentially massive revelations is finally over tomorrow. Nerayoff, who has been at the center of various controversies and legal battles, made a dramatic statement on […]
In an in-depth exploration of Ethereum’s future, co-founder Vitalik Buterin has detailed an ambitious set of initiatives aimed at refining the protocol and easing the burden on node operators. Dubbed “The Purge,” this multifaceted plan targets the removal of obsolete functionalities and the introduction of several Ethereum Improvement Proposals (EIPs) to streamline the network’s operations […]
A recent development highlights the ongoing interagency drama between the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC): the classification of major cryptocurrencies has become a focal point of contention. Once again, the CFTC has affirmed its position that Ethereum (ETH) and several other cryptocurrencies should be classified as commodities, […]
Ethereum’s co-founder Vitalik Buterin recently heaped some praise on the Shiba Inu (SHIB) network following a transaction that he performed involving the meme coin. His statement immediately impacted SHIB’s price, with the crypto token recording some gains in the last 24 hours. Shiba Inu Performs Beyond Expectations Vitalik mentioned in an X (formerly Twitter) post […]
Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual currency mixer Tornado Cash. It is alleged that the hackers are now involved in a transfer to BlackRock, the largest asset management firm, as claimed […]
Experts are currently arguing about the likelihood of the US Securities and Exchange Commission (SEC) approving a spot Ethereum ETF. Among others, Samson Mow, known as the “Bitcoin Maximalist” and founder of Jan3, a company focused on accelerating the nation-state adoption of BTC, voiced strong doubts and criticism. Mow’s Critique: Dissecting The Ethereum ETF Dilemma […]
The anticipation surrounding the approval of Ethereum ETFs has grown in the wake of the successful launch of Bitcoin (BTC) spot ETFs. The potential approval of ETH ETFs holds the promise of boosting the cryptocurrency’s price to new heights and attracting a broader range of investors. However, according to Fox Journalist Eleanor Terret, optimism regarding […]
A dormant Ethereum address has roared to life to take advantage of the price surge that has rocked the digital asset in the last day. The wallet, which had not seen any activity in almost a decade, made its first transaction after the price of ETH moved above $3,200. Given that this investor has managed to […]