ETHEREUM
Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience
Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns.
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.
VanEck CEO Predicts SEC Rejection of Spot Ethereum ETF Application in May
VanEck CEO Jan van Eck and CoinShares CEO Jean-Marie Mognetti are pessimistic about the approval of a spot Ethereum ETF by the U.S. Securities and Exchange Commission due to the regulatory climate and lack of feedback.
EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion
EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.
Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.
Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits
Aave plans to enable a "fee switch" that will distribute transaction fees, estimated at $60 million annually, to Aave token holders.
NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
NYSE Arca proposes rule change for Bitwise Ethereum ETF listing and trading under Rule 8.201-E, allowing exposure to ether value and establishing Net Asset Value.
Bitwise Explores ETP Offering for Ethereum Layer-2 Networks
Bitwise is eyeing an Exchange Traded Product (ETP) focused on Ethereum's layer-2 solutions, with CIO Matt Hougan confident in the ecosystem's potential.
Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge
Base, a prominent layer-2 Ethereum scaling solution, set a new trading volume milestone of $1.21 billion on decentralized exchanges, spearheaded by activity on Uniswap.
Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the approval of Ethereum-based exchange-traded funds (ETFs). I