Coinbase adds 'ETH2' despite tomorrow's Ethereum upgrade postponing difficulty bomb
Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain's native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed "ETH2," the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to purchase ETH2 came out to be the same as that for ETH. Meanwhile, their market capitalization, volume, circulating supply and price changes were also identical.Coinbase is ...
Coinbase adds 'ETH2' despite tomorrow's Ethereum upgrade postponing difficulty bomb
Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain's native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed "ETH2," the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to purchase ETH2 came out to be the same as that for ETH. Meanwhile, their market capitalization, volume, circulating supply and price changes were also identical.Coinbase is ...
Fidelity and Nexo are entering institutional lending market
Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a comprehensive product line and legal infrastructure for institutional investors looking to get exposure to cryptocurrencies. The partnership with Fidelity Digital Assets will allow Nexo to extend its asset portfolio and add a sec...
Fidelity and Nexo are entering institutional lending market
Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a comprehensive product line and legal infrastructure for institutional investors looking to get exposure to cryptocurrencies. The partnership with Fidelity Digital Assets will allow Nexo to extend its asset portfolio and add a sec...
Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether (ETH) in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he’s changed his mind, or was he just taking advantage of a market crash to buy the dip? In an anti-ETH tirade between Nov. 20 and Nov. 22, Zhu tweeted about why he had “abandoned Ethereum despite supporting it in the past.” The thread came in response to a tweet from Synthetix founder K...
Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether (ETH) in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he’s changed his mind, or was he just taking advantage of a market crash to buy the dip? In an anti-ETH tirade between Nov. 20 and Nov. 22, Zhu tweeted about why he had “abandoned Ethereum despite supporting it in the past.” The thread came in response to a tweet from Synthetix founder K...
Visa announces new crypto consulting service for merchants and banks
Payments giant Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Wednesday that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out crypto features and exploring nonfungible tokens to developing wallets for central bank digital currencies. According to Visa, part of banks...
Visa announces new crypto consulting service for merchants and banks
Payments giant Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Wednesday that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out crypto features and exploring nonfungible tokens to developing wallets for central bank digital currencies. According to Visa, part of banks...
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Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures. Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets. Ethereum’s native ...
Stay tuned
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures. Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets. Ethereum’s native ...
