Goldman Sachs Begins ETH-Linked Derivative Products
Recently, Goldman Sachs has teamed up with Coinbase to come out with the first crypto-backed loan.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
Recently, Goldman Sachs has teamed up with Coinbase to come out with the first crypto-backed loan.
Despite the bearish market, Mike Novogratz believes the prices will not fall much further.
Wintermute warned that hacker(s) have a week to consider being a whitehat. The crypto market marker threatened to track all responsible for the hack after the one-week grace period.
With this success, Ethereum developers will now gear to implement The Merge upgrade ahead this year in August 2022. The developers are still working on some minor bugs and will monitor the Ropsten network performance over the next few weeks.
The Ropstem Merge upgrade shall be a critical step to check whether the client software on the Ethereum nodes perform normally and without any bugs.
Bitcoin miner Hive said that it has grown its hashrate by 8% during the month of May and mined 273.4 Bitcoins last month.
With several tech experts joining hands against crypto, Vitalik Buterin said that it pains to see that the crypto industry has turned so adversarial in the last decade.
The Bitstamp Earn product will offer returns only on staking ETH and ALGO. Note that it won’t be involved with any kind of lending process.
Balancer worked along with decentralized investment platform Conjunction X to deploy a decentralized exchange (DEX) that will compete within the Optimism ecosystem.
The ongoing macroeconomic events have a massive toll on the price of cryptocurrencies, and according to Arthur Hayes, there may still be more downsides to watch out for.
The two leading cryptos, Bitcoin and Ethereum suffered the most with $122.6 million and $234.2 million in liquidation respectively.
Ethereum is opening up its protocol for a wider enterprise application and it will need an appropriately scalable solution to achieve this.
The Ethereum gas fee has dropped this low for the first time since July 2021.
The crypto exchange revealed that layer 2 ETH deposits are also available on the platform.
The many tests that the proposed Ethereum 2.0 is being subject to are such that there can be no hitches when the PoS consensus model is finally fully in play.