https://en.bitcoinsistemi.com/shocking-statements-from-vaneck-ceo-for-ethereum-etfs-this-will-probably-happen-in-may/
Shocking Statements from VanEck CEO for Ethereum ETFs: “This Will Probably Happen in May”
"VanEck CEO, who has applied for Ethereum Spot ETF, made a surprising statement about the ETH ETFs that are expected to be approved.
The SEC has until the end of May to complete its review of the Ethereum Spot ETF, following a delay in its original decision date in March. Companies like BlackRock, Fidelity and VanEck, which have launched spot Bitcoin ETFs this year, were eagerly awaiting approval for an ETH product.
However, some applicant companies are not sure that the SEC will green light their ETH applications. “We were also the first to apply for Ethereum in the US, and we and Ark Invest CEO Cathy Wood back in May,” VanEck CEO Jan van Eck told CNBC's Arjun Kharpal at the Paris Blockchain Week cryptocurrency event in France. “We are probably the first in line to be rejected,” he said.
Van Eck added that the regulatory process involves regulators commenting on applications, and this process occurs weeks before Bitcoin ETFs are approved. Currently, “there is complete silence when it comes to Ethereum,” he said."
Topic: [ANN] Ethereum: Welcome to the Beginning (Read 2003740 times)
It seems there is a new investigation being launched by the SEC every two to three months. How much of their statement is based on them being concerned about the actual case regarding ETH or ETF and more about the SEC trying to exert some form of control over the second biggest crypto by market cap?
Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH
After the publication of this article, Fortune reported the SEC seeks to classify ETH as a security.
The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority," according to the group's website's GitHub repository.
The confidential inquiry comes during a time of change for Ethereum's technology and at a possible inflection point for its native asset, ETH, which many American investment companies are seeking to offer as an exchange-traded fund. The Securities and Exchange Commission (SEC) has slow-walked their efforts despite recently approving a series of Bitcoin ETFs.
After the publication of this article, Fortune reported the SEC is seeking to classify ETH as a security, a move that would have major implications for Ethereum, an ETH ETF and crypto as a whole. The financial regulator has sent investigative subpoenas to U.S. companies in the past several weeks, according to Fortune's reporting.
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/
After the publication of this article, Fortune reported the SEC seeks to classify ETH as a security.
The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority," according to the group's website's GitHub repository.
The confidential inquiry comes during a time of change for Ethereum's technology and at a possible inflection point for its native asset, ETH, which many American investment companies are seeking to offer as an exchange-traded fund. The Securities and Exchange Commission (SEC) has slow-walked their efforts despite recently approving a series of Bitcoin ETFs.
After the publication of this article, Fortune reported the SEC is seeking to classify ETH as a security, a move that would have major implications for Ethereum, an ETH ETF and crypto as a whole. The financial regulator has sent investigative subpoenas to U.S. companies in the past several weeks, according to Fortune's reporting.
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/
Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH
After the publication of this article, Fortune reported the SEC seeks to classify ETH as a security.
The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority," according to the group's website's GitHub repository.
The confidential inquiry comes during a time of change for Ethereum's technology and at a possible inflection point for its native asset, ETH, which many American investment companies are seeking to offer as an exchange-traded fund. The Securities and Exchange Commission (SEC) has slow-walked their efforts despite recently approving a series of Bitcoin ETFs.
After the publication of this article, Fortune reported the SEC is seeking to classify ETH as a security, a move that would have major implications for Ethereum, an ETH ETF and crypto as a whole. The financial regulator has sent investigative subpoenas to U.S. companies in the past several weeks, according to Fortune's reporting.
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/
After the publication of this article, Fortune reported the SEC seeks to classify ETH as a security.
The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority," according to the group's website's GitHub repository.
The confidential inquiry comes during a time of change for Ethereum's technology and at a possible inflection point for its native asset, ETH, which many American investment companies are seeking to offer as an exchange-traded fund. The Securities and Exchange Commission (SEC) has slow-walked their efforts despite recently approving a series of Bitcoin ETFs.
After the publication of this article, Fortune reported the SEC is seeking to classify ETH as a security, a move that would have major implications for Ethereum, an ETH ETF and crypto as a whole. The financial regulator has sent investigative subpoenas to U.S. companies in the past several weeks, according to Fortune's reporting.
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/
I am hoping that with this Dencun upgrade will have its purpose play on the ecosystem to make all of the fees on ETH's blockchain to be lesser and cheaper soon. I've seen some progress a bit after its upgrade but that's not the kind of effect I am expecting, I like more of it to have it seen like it was cents long time ago and I don't know if it's possible to see that happen back then when everything was so cheap but then the demand has increased and made even the gas fees quite expensively.
Dencun only affected the commission in L2 ecosystems.
https://cryptopotato.com/spot-ethereum-etfs-will-be-ultimately-denied-following-latest-delays-analysts/
"Odds that spot Ethereum exchange-traded funds will be approved in May have plunged following the latest round of delays from the SEC.
On March 19, the US Securities and Exchange Commission delayed its decision on whether to approve spot Ethereum ETFs from Hashdex and Ark 21Shares.
Both products have now been postponed until a final SEC decision is made in late May. The Ark 21Shares deadline is May 24, and Hashdex will get its application approved or disapproved on May 30.
The first final deadline, however, is for the VanEck spot ETH ETF, which is on May 23. This will set the precedent for the rest of them."
If you keep aside the fact it is a centralised tracker, the aspects of smart contracts still make Ethereum stand out from other crypto. ETH provides a function that has launched thousands of ICOs (and later unfortunately unnecessary NFTs) therefore it remains in demand. If Bitcoin remains the gold standard for crypto, Ethereum has sustained a number two position for a long time.
In that process things will not always work the way people would expect therefore high gas fees is one of the issues they need to work on but let us not forget Bitcoin had a recent time where tx fees were excessive.
In that process things will not always work the way people would expect therefore high gas fees is one of the issues they need to work on but let us not forget Bitcoin had a recent time where tx fees were excessive.
I am hoping that with this Dencun upgrade will have its purpose play on the ecosystem to make all of the fees on ETH's blockchain to be lesser and cheaper soon. I've seen some progress a bit after its upgrade but that's not the kind of effect I am expecting, I like more of it to have it seen like it was cents long time ago and I don't know if it's possible to see that happen back then when everything was so cheap but then the demand has increased and made even the gas fees quite expensively.
I am hoping that with this Dencun upgrade will have its purpose play on the ecosystem to make all of the fees on ETH's blockchain to be lesser and cheaper soon. I've seen some progress a bit after its upgrade but that's not the kind of effect I am expecting, I like more of it to have it seen like it was cents long time ago and I don't know if it's possible to see that happen back then when everything was so cheap but then the demand has increased and made even the gas fees quite expensively.
Countdown to Dencun Upgrade
https://www.blocknative.com/ethereum-dencun-upgrade-countdown
https://decrypt.co/221500/ethereum-l2-arbitrum-optimism-polygon-dencun-upgrade
"Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains.
Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and 7.5% compared to this time last week. ARB rose as high as $2.25 early Wednesday morning, but has since settled to $2.20 at the time of writing."
https://www.blocknative.com/ethereum-dencun-upgrade-countdown
https://decrypt.co/221500/ethereum-l2-arbitrum-optimism-polygon-dencun-upgrade
"Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains.
Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and 7.5% compared to this time last week. ARB rose as high as $2.25 early Wednesday morning, but has since settled to $2.20 at the time of writing."
https://twitter.com/VitalikButerin/status/1759365739671412841
@VitalikButerin(C)
"I'm really looking forward to Verkle trees. They will enable stateless validator clients, which can allow staking nodes to run with near-zero hard disk space and sync nearly instantly - far better solo staking UX. Also good for user-facing light clients."
Verkle Trees for Statelessness
https://verkle.info
@VitalikButerin(C)
"I'm really looking forward to Verkle trees. They will enable stateless validator clients, which can allow staking nodes to run with near-zero hard disk space and sync nearly instantly - far better solo staking UX. Also good for user-facing light clients."
Verkle Trees for Statelessness
https://verkle.info
Academic Grants Round 2024
The Ethereum Foundation is sponsoring a wave of grants to support Ethereum-related academic work. These grants round has $1M in total available funds. Proposals are due 23:59 UTC, March 4th, 2024.
All the details you’ll need to apply can be found here…
The Ethereum Foundation is sponsoring a wave of grants to support Ethereum-related academic work. These grants round has $1M in total available funds. Proposals are due 23:59 UTC, March 4th, 2024.
All the details you’ll need to apply can be found here…
https://www.coindesk.com/markets/2024/02/12/ethereum-validator-entry-queue-signals-renewed-interest-in-staking/
Ethereum Validator Entry Queue Signals Renewed Interest in Staking
"The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.
The waitlist for new Ethereum validators is now the longest since early October.
The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%."
Ethereum Validator Entry Queue Signals Renewed Interest in Staking
"The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.
The waitlist for new Ethereum validators is now the longest since early October.
The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%."
Introducing the EPF Study Group
The Ethereum Protocol Fellowship (EPF) is a program designed to reduce the barrier to entry for developers interested in working on the core protocol. As core developer (and EPF creator) Piper Merriam likes to say, the door is comically wide open. EPF helps you walk through it.
Read the full article here…
The Ethereum Protocol Fellowship (EPF) is a program designed to reduce the barrier to entry for developers interested in working on the core protocol. As core developer (and EPF creator) Piper Merriam likes to say, the door is comically wide open. EPF helps you walk through it.
Read the full article here…
ETH 0.01401 = 29.99 EURO
https://www.chainalysis.com/blog/crypto-crime-2024-pump-and-dump/
"54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump Schemes, but Represent just 1.3% of DEX Trading Volume
For most of the research that we publish in our annual Crypto Crime Report, the data tells a clear story. For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends can be analyzed with Chainalysis labeling and data. But blockchain data can also be used to detect suspicious trading patterns. In these cases, the evidence on the blockchain is less definitive. Instead, on-chain data can provide a starting point for deeper investigations, usually combined with other, off-chain information. For this reason, we do not include possible market manipulation proceeds or estimates of victim losses in our count of total illicit transaction volume — there isn’t enough information to determine whether the activity is criminal or not without additional context. "
"54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump Schemes, but Represent just 1.3% of DEX Trading Volume
For most of the research that we publish in our annual Crypto Crime Report, the data tells a clear story. For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends can be analyzed with Chainalysis labeling and data. But blockchain data can also be used to detect suspicious trading patterns. In these cases, the evidence on the blockchain is less definitive. Instead, on-chain data can provide a starting point for deeper investigations, usually combined with other, off-chain information. For this reason, we do not include possible market manipulation proceeds or estimates of victim losses in our count of total illicit transaction volume — there isn’t enough information to determine whether the activity is criminal or not without additional context. "
The Q1 2024 roadmap is already out for feedback, suggestions, and contributions. Take a look at how you can start contributing to ethereum.org (e.g., writing or reviewing content, creating new designs, translating the website, developing new features or fixing bugs, and many more possibilities) in the contributors pages.
https://coinedition.com/eth-should-be-beyond-money-buterin-proposes-cypherpunk-vision/
‘ETH Should be Beyond Money,’ Buterin Proposes Cypherpunk Vision
"Vitalik Buterin advocates for a broader vision for ETH beyond finance.
Buterin explores democratic governance, privacy solutions, and global inclusion.
He urged developers to consider regions like Argentina and Turkey for tackling financial disparities.
Ethereum Co-Founder Vitalik Buterin is stirring up big ideas for Ethereum, arguing that the ecosystem should not just be about money. According to him, it should be about creating a new way for online interactions freed of controls from big companies in Silicon Valley.
This visionary manifesto came in a recent publication, “The End of My Childhood,” citing snippets from earlier commentary on “Make Ethereum Cypherpunk Again.”"
‘ETH Should be Beyond Money,’ Buterin Proposes Cypherpunk Vision
"Vitalik Buterin advocates for a broader vision for ETH beyond finance.
Buterin explores democratic governance, privacy solutions, and global inclusion.
He urged developers to consider regions like Argentina and Turkey for tackling financial disparities.
Ethereum Co-Founder Vitalik Buterin is stirring up big ideas for Ethereum, arguing that the ecosystem should not just be about money. According to him, it should be about creating a new way for online interactions freed of controls from big companies in Silicon Valley.
This visionary manifesto came in a recent publication, “The End of My Childhood,” citing snippets from earlier commentary on “Make Ethereum Cypherpunk Again.”"
Founder Of Ethereum, Vitalik Buterin In UAE
Details ... https://laraontheblock.com/founder-of-ethereum-vitalik-buterin-in-uae/
https://www.coindesk.com/tech/2024/01/22/bug-on-ethereums-nethermind-software-sparks-discussion-of-client-diversity-risks/
Bug That Took Down 8% of Ethereum's Validators Sparks Worries About Even Bigger Outage
"Ethereum just had one of those moments where the big story is what didn't go wrong.
A bug in Ethereum's Nethermind client software – used by validators of the blockchain to interact with the network – knocked out a chunk of the chain's key operators on Sunday.
It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for "client diversity." Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain's most popular execution client, had gone out; the question is whether Ethereum could have kept going since Geth stands out as a possible single point of failure for the network."
Bug That Took Down 8% of Ethereum's Validators Sparks Worries About Even Bigger Outage
"Ethereum just had one of those moments where the big story is what didn't go wrong.
A bug in Ethereum's Nethermind client software – used by validators of the blockchain to interact with the network – knocked out a chunk of the chain's key operators on Sunday.
It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for "client diversity." Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain's most popular execution client, had gone out; the question is whether Ethereum could have kept going since Geth stands out as a possible single point of failure for the network."
CES 2024: Mercedes-Benz Previews In-Car NFT Gallery, 'Emotional' AI Assistant
https://decrypt.co/212831/ces-2024-mercedes-benz-previews-in-car-nft-gallery-emotional-ai-assistant
"
Mercedes-Benz is also overhauling its navigation and in-car entertainment (ICE) systems. The latter will incorporate an in-car music experience, MBUX Sound Drive, developed by recording artist Will.i.am that enables music to "react to the way the acr is being driven."
Mercedes-Benz MBUX Collectibles app. Image: Mercedes-Benz
A new MBUX Collectibles in-car app enables drivers to showcase their non-fungible token (NFT) collection on the vehicle's dashboard, including the brand's own NXT NFTs on the Ethereum blockchain. The firm made headlines last year when its NXT Icons NFT collection drop caused its website to crash."
https://decrypt.co/212831/ces-2024-mercedes-benz-previews-in-car-nft-gallery-emotional-ai-assistant
"
Mercedes-Benz is also overhauling its navigation and in-car entertainment (ICE) systems. The latter will incorporate an in-car music experience, MBUX Sound Drive, developed by recording artist Will.i.am that enables music to "react to the way the acr is being driven."
Mercedes-Benz MBUX Collectibles app. Image: Mercedes-Benz
A new MBUX Collectibles in-car app enables drivers to showcase their non-fungible token (NFT) collection on the vehicle's dashboard, including the brand's own NXT NFTs on the Ethereum blockchain. The firm made headlines last year when its NXT Icons NFT collection drop caused its website to crash."
Ethereum developers have deployed the Dencun update enabling proto-danksharding (EIP-4844) on the Goerli testnet, serving as a precursor to its expected mainnet launch.
The policy when working with regulators in the Ethereum ecosystem should suit everyone. White and black lists, blocking in smart contracts and a large number of level 2 solutions and even level 3 solutions will make Ethereum the main coin in the future.
This ecosystem has all the famous stablecoins and huge trading volumes.
This ecosystem has all the famous stablecoins and huge trading volumes.
I'm on the fence about that. Sure, getting buddy-buddy with the regulators could help Ethereum become top dog one day by making it seem more legit. But it could also backfire. The regulators might force Ethereum to add a bunch of red tape that makes it harder for developers to create new apps. Or worse, they could just ban certain kinds of transactions, which would be a punch in the guts.
So it's hard to say if getting regulators on board is worth the risk and ethereum has done pretty well so far just doing its own thing without worrying what the higher-ups think. Then again having the big bad government's blessing could convince more people to jump on the Ethereum train. At the end of the day its hard to predict how it would all shake out.
Modern smart contracts have built-in blocking and backup functions, which are enough to solve many problems. And adding a list of several hundred prohibited wallets to the code is not a problem.
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Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet
https://www.coindesk.com/tech/2024/01/17/ethereums-dencun-upgrade-goes-live-but-fails-to-finalize-on-testnet/
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