Grayscale said the Ethereum spot ETF is as powerful as Bitcoin. Concerns about approval began to surface. Grayscale Investments has filed amended filings with the U.S. Securities and Exchange Commission (SEC) to convert its flagship Ethereum (ETH) trust into a spot ETF. one step closer Craig Salm, the company’s chief legal officer, told X (formerly Twitter) about the revised Form 19b-4. This marks a pivotal step in listing Ethereum spot ETF shares on the New York Stock Exchange (NYSE), allowing investors to benefit from the price movements of the world’s second largest digital asset. If you’re curious, Form 19b-4 is…
Author: Crypto Flexs
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15 Mar Anatomy of the Halving Part 2: Block Reward and Network Security: Navigating the New Economic Landscape Posted at 16:34h in Announcements by admin The upcoming Bitcoin halving will be the network’s most anticipated halving yet to take place. The halving, a programmed reduction in the block reward miners receive for validating transactions and adding them to the blockchain, is set to significantly impact the Bitcoin mining industry. The industry is known as extremely competitive, with miners sometimes operating on razor thin margins. Scheduled to occur next month, around April 19th, this halving will see the current reward of…
Posted 1 minute ago In ~ Dubai International Financial Center (DIFC), a tax-free special economic zone in the United Arab Emirates, announced the enactment of a new digital asset law earlier this week.Together with the new securities law and related amendments to existing laws, the enactment aims to ensure that the DIFC keeps pace with technological developments in international trade and financial markets and provides legal clarity to investors and users of digital assets.DIFC’s Digital Assets Act will come into effect on March 8, following a review of the regulatory approaches taken by various jurisdictions around the world and a…
Development has steadily continued over the last month and a half as we approach the launch of Metropolis. Over a series of core dev calls over the last few months, we have specified and finalized the EIPs for Metropolis, and made the appropriate changes to the Yellow Paper. Metropolis has now been split up into two consecutive forks, named “Byzantium” and “Constantinople”. EIPs for Byzantium (Metropolis part one) are essentially finalized, and the last remaining work to be done has to do with writing tests and making sure that all clients are passing all tests. The Ethereum network continues to…
The decentralized finance (DeFi) sector is witnessing notable advancements with the emergence of ‘plug-and-play’ DeFi tokens that promise to not only simplify the trading experience but also improve profitability through advanced technological integration. Among the rising stars Option 2 Trade (O2T) Dogecoin (DOGE) is gaining prominence as it enters the fourth phase of presale, a milestone that has captured the attention of the active Dogecoin (DOGE) community. The synergy between a cutting-edge DeFi token and one of the most beloved meme cryptocurrencies heralds a significant shift in the DeFi landscape, pointing to a future where accessibility, technology, and community support…
The Avalanche Foundation has unveiled its first set of community coins, also called meme coins, invested in its $100 million Culture Catalyst fund, launching in 2022. Coq inu, gecko, kimbo, nochill and tech are the first five currencies. This is a portion of the assets held by the foundation and more may be selected(…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong. Read full disclaimer like…
Rebasing tokens are a specific type of cryptocurrency whose total supply is frequently modified. Fertilization occurs daily or several times a day. The goal of adjustments is to stabilize the price of the rebased token or target a specific value through a strategy of increasing or decreasing the token supply while responding to price deviations from the set target. For example, a positive rebase increases token supply and minimizes current holders’ balances if the token price rises above the target. Conversely, a negative rebase lowers supply and increases the value of existing holdings if the price falls below the…
book "Bitcoin Mastering", 3rd edition, page 113, Figure 5-8, is shown as follows: Shouldn’t the arrows circled in red, like the following, exist? thank you.
Posted 1 minute ago In ~ Starbucks is ending its Odyssey beta program, an NFT-related extension to its existing rewards system.The American multinational coffee chain wrote in an official blog post yesterday that the Starbucks Odyssey beta program “must end to prepare for what comes next as we continue to evolve the program.”Starbucks Odyssey beta ends March 31.The company’s non-fungible tokens, called Stamps, will remain accessible on Nifty Gateway, a curated NFT platform. The Odyssey marketplace will transition to the Nifty marketplace, but Stamps, like other NFTs, can be transferred to external wallets and traded on other marketplaces.Starbucks Odyssey is…
German automaker Mercedes-Benz said Friday it has partnered with Austin-based AI developer Apptronik to bring artificial intelligence to its factory robots.The agreement with Mercedes-Benz is Apptronik’s first commercial agreement for the use of Apollo robots in the real world and in the automotive industry. The company spun out of the Human-Centered Robotics Lab at the University of Texas at Austin in 2016.“When we started building Apollo, an agreement like the one we announced today with Mercedes-Benz was a dream scenario,” Jeff Cardenas, Apollo co-founder and CEO, said in a statement.Apollo’s specifications place it in the humanoid category, standing nearly 6…