ETH Financial News

Aug 8th, Taipei – Gate.io CEO Dr. Han Lin delivered an insightful presentation at the Asia Blockchain Summit 2024, focusing on the evolution of the cryptocurrency industry. Dr. Han explored the current state of the crypto sector, emphasizing that while the industry’s growth has been impressive, there remains substantial potential for further expansion.

Ronin Network, a leader in the gaming blockchain sector and the backbone of the play-to-earn game Axie Infinity, experienced a major security breach. An exploit caused the network to lose approximately $9.8 million worth of Ether (ETH).

Coinfest Asia, the biggest Web3 festival in Asia, returns on 22-23 August 2024 for its third edition. Coinfest Asia will present many exciting activities in Nuanu City, Tabanan, Bali.

In a compelling episode of the Cryptonews Podcast , Evan Weiss, COO of Alluvial and a key member of Liquid Collective, sat down with Matt Zahab to explore the intricacies of staking within the Ethereum ecosystem and the future of DeFi.

The recent approval of the first Ethereum (ETH) Exchange Traded Fund (ETF) marks a watershed moment for the cryptocurrency industry, heralding a new era of institutional investment and widespread adoption.

Ether (ETH), the underlying cryptocurrency of the Ethereum network, is down about 3% after last week's launch of spot ether exchange-traded funds (ETFs) on U.S. exchanges. However, prices are still up more than 10% from the days before the surprising reversal in May of Securities and Exchange Commission (SEC) crypto policy that ultimately led to the launch of these ETFs.

Blackrock’s Ethereum ETF saw an inflow of $118 million on Tuesday, per SoSoValue data, more than the inflows seen in its Bitcoin ETF.

The price of crypto assets retreated this week following an explosive week before when the price of BTC rose more than 15% due to pro-crypto US Presidential candidate Donald Trump surviving an assassination attempt. With a large move within a span of only a few days, prices quickly retreated as risk-off selling in the stock markets spilled over to crypto assets, caused by a rising yen and the uncertainty looming in America after US President Biden was rumored to be critically ill.

July had a good run despite the bloodbaths, marked by the launch of Ethereum ETFs. With August set to be the start of an up-only trend, the three altcoins to hold amid the ETH ETF buzz are Notcoin (NOT), Bonk (BONK) and DTX Exchange (DTX).

US-based spot Ethereum exchange-traded funds (ETFs) experienced mixed flows on their third day of trading, mainly due to significant outflows from Grayscale’s Ethereum Trust.

Bitcoin (BTC) dipped below $64,000 early Thursday before recovering to trade slightly above $65,000. Ether (ETH) prices fell more than 7% as investors continued to pull money of of Grayscale's Ethereum Trust (ETHE).

The cryptocurrency market’s recent resurgence is linked to a recent series of political events, including an assassination attempt on former President Donald Trump.

Ethereum’s price has experienced a significant downturn following a substantial outflow from Grayscale’s Ethereum Trust.

After months of rejections and delays by the SEC, exchange-traded funds based on Ether’s spot price finally launched in the U.S. on July 23.

Ether (ETH) soared above $3,500 on July 23 in anticipation of the spot exchange-traded funds (ETFs) that went live for trading today in the United States.

Nine spot ether exchange-traded funds (ETFs) began trading on the stock exchanges Tuesday, but all the optimism ahead of their approval didn't translate into gains for the crypto markets.

The SEC’s green light for Ethereum ETFs has sparked a frenzy of activity in the crypto market. Major players are strategically positioning themselves, anticipating a surge in demand.

One of India’s largest crypto exchanges WazirX suffered a security breach that drained $234 million of users funds yesterday. The incident, which targeted the exchange’s multisig wallet on the Ethereum network, saw the theft of over 200 different crypto assets, including Shiba Inu, Ethereum, Polygon, and PEPE memecoin.

In preparation for the launch of its MMA fantasy fighting Play-to-Earn (P2E) game, Fight Out is migrating its $FGHT token from Ethereum to Polygon.

Earth's rotation, which determines the length of each day, is being altered by the impacts of human-induced climate change, a new study published in the Proceedings of the National Academy of Sciences has revealed. The research suggests that polar ice melt caused by global warming is changing the planet's rotation and increasing the duration of each day, a trend expected to accelerate over the coming century as humans persist in emitting greenhouse gases, according to a report from CNN. Although the changes are minute, measured in milliseconds per day, they have significant implications for our technology-dependent world, particularly for computing systems like GPS. This phenomenon underscores the profound influence humans are exerting on the planet. «This is a testament to the gravity of ongoing climate change,» said Surendra Adhikari, a geophysicist at Nasa's Jet Propulsion Laboratory, and a report author. The Earth's rotation speed, which determines the number of hours, minutes, and seconds in a day, is influenced by a complex interplay of factors, including processes in the planet's fluid core, the lingering effects of glacial melt since the last ice age, and the melting of polar ice due to climate change.

cryptocurrency market. Although the assets involved are different and there are some unique aspects, the core principles of trading futures contracts remain the same.