Ethereum’s Reputation Takes A Hit As Trading Veteran Labels It A ‘Junk Coin

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Bitcoin, btc, Crypto, ETH, Ethereum, ethereum analysis, ETHUSDT, JPMorgan

Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment. Ethereum Faces Criticism Celebrated for his insights into financial markets, Peter Brandt spared no punches as he castigated Ethereum, arguing that it lacks the essential characteristics required […]

Crypto Exchange KuCoin Sees Massive Outflows After Lawsuit

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Bitcoin, btc, BTCUSDT, crypto exchange, Crypto News, ETH, ETHUSDT, KuCoin, KuCoin lawsuit

For the past week, crypto exchange KuCoin has been at the center of a regulatory tornado. The charges filed last Tuesday include breaking several regulations and violating anti-money laundering (AML) laws in the United States. A recent report reveals that the exchange has faced significant challenges after the news of the lawsuits broke out. Despite […]

House GOP Pressures SEC To Clarify Ethereum’s Security Designation For Prometheum’s Custody | Bitcoinist.com

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Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, ETH, Ethereum, ethusd, ETHUSDT, SEC, US crypto regulation

In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide further clarification on the agency’s stance regarding the custody of Ethereum (ETH) by Prometheum.  The lawmakers, including Representatives French Hill, […]

Gaming Platform Exploit Ends With $62M In Crypto Returned

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Blast network, crypto hack, Crypto News, Crypto Scam, ETH, Ethereum, ETHUSDT, North Korea Cybercriminals, North Korean Crypto Attacks, weth

In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post. The crypto heist, which momentarily stole over $62 million, took a shocking turn of events after the attacker’s identity opened a Pandora’s box. Crypto Developer Turns Hacker Yesterday, Munchables, […]

Ethereum Designated As Commodity By CFTC, Triggering Regulatory Conflict With SEC | Bitcoinist.com

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Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, ETH, Ethereum, Ethereum (ETH), ethereum news, ethusd, ETHUSDT, US crypto regulation

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 Spot ETF On Thin Ice? Expert Predicts 25% Approval Odds Amid SEC Silence

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Altcoin, Crypto, Crypto ETF, ETF, ETF Analyst, ETH, Ethereum, ethereum etf, Ethereum Prediction, Ethereum Spot ETF, ETHUSDT

The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. […]

Rumors Swirl As North Korea’s ETH Transfer To BlackRock Via Tornado Cash Sparks Speculation | Bitcoinist.com

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BlackRock, BlackRock Bitcoin ETF, BlackRock news, Crypto News, ETH, Ethereum, ethereum news, ethusd, ETHUSDT, Lazarus Group, Lazarus Hackers, North korea, North Korea hackers, North Korean hacker, Tornado Cash, Tornado Cash Lawsuit, tornado cash mixer, Tornado Cash Sanctions

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 […]

A16z Crypto Lawyer Unleashes Scathing Attack On US SEC, Spot Ethereum ETF In Danger?

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a16z crypto, coinbase, DebtBox, Ethereum, ethereum price, ETHUSDT

Miles Jennings, the General Counsel at a16z Crypto, one of the world’s largest venture capital firms, has launched a blistering attack on the United States Securities and Exchange Commission (SEC) and its handling of crypto regulation. Are The United States SEC Lawyers At The Enforcement Division Abusing Power? The lawyer specifically targeted the agency’s crypto […]

SEC Decision Looms: Ethereum ETFs Approval Outlook Fades Ahead Of May 23 | Bitcoinist.com

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Bitcoin, bitcoin ETF, btc, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, ETH, Ethereum, ethereum etf, ethereum news, ethusd, ETHUSDT, Spot Ethereum ETF, US crypto regulation

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 […]

BREAKING: Ethereum (ETH) Breaks Two-Year Price Record, Surging Above $4,000 | Bitcoinist.com

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Bitcoin, Breaking News Ticker, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, ETH, ETH Price, ethbtc, Ethereum, Ethereum (ETH), ethereum price, Ethereum price analysis, Ethereum price prediction, ethusd, ETHUSDT

Ethereum (ETH), the second-largest cryptocurrency, has reached a significant milestone by touching $4,000, marking a two-year high and closing the gap towards its all-time high (ATH).  As Bitcoin (BTC) also reached a new all-time high of $70,100, the cryptocurrency market is witnessing an explosive bull run. Technical analysis suggests that Ethereum is poised to overcome […]

Ethereum Pre-Mine Address Dormant For 8.6 Years Awakens As ETH Hits $3,200 | Bitcoinist.com

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ETH, ETH address, ETH Price, Ethereum, Ethereum address, Ethereum dormant address, ethereum news, ethereum price, ethusd, ETHUSDT

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 […]

3,248 ETH Stolen In Axie Infinity Co-Founder Hack

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Axie Infinity, Axie Infinity hack, crypto hack, Crypto News, ETH, ETH Price, Ethereum, ETHUSDT

On Thursday night, the Axie Infinity co-founder suffered a hack that included a large amount of ETH being withdrawn from the wallet and sent to Tornado Cash. The suspicious activity was revealed by a blockchain investigator, who alerted of the compromised whale wallet over the Ronin bridge. Related Reading: Massive Crypto Breach: Hackers Extract $26 […]