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On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was … Read more
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi. Go to Source
Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability. Go to Source
The integration aims to create more transparency for 21Shares’ Ether ETF, which could create more trust among investors. Go to Source
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, … Read more
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand. Go to Source
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the SEC and the FDIC’s pressure on financial institutions. The crypto exchange’s Freedom of Information Act … Read more
