base
* Base surpasses Optimism in TVL, becoming largest Layer 2 network in Superchain. * Base's TVL hits $8.05B, surpassing OP Mainnet, with $2.14B bridged value. * Base is second-largest Ethereum scaler, trailing Arbitrum One's $18.27B TVL. * Base leads in transactions per second at 30.36, processing
ethereum
* Ethereum daily active users grew from 250,000 in Q1 2020 to 2.25 million in Q1 2024. * Layer-2 networks like Optimism and Base contribute to Ethereum's scaling. * VanEck predicts Ethereum to reach $22,000 by 2030 due to high revenue per user. * Taiko network spends $900,000
base
* Base, a Layer 2 Ethereum network, ranks third in TVL with $1.7B locked. * Base surpassed OP Mainnet to become the largest chain on Superchain. * Aerodrome and Uniswap contribute to Base's TVL surge. * Optimistic rollups like Base reduce Ethereum main chain load. * Optimistic rollups assume transactions are valid
ethereum
* M^0 raised $35M in Series A funding led by Bain Capital Crypto. * Investors include Galaxy Ventures, Wintermute Ventures, GSR, Caladan, and SCB 10X. * Equity plus tokens structure with governance tokens POWER and ZERO issued. * M^0 is a stablecoin minting protocol overcollateralized by U.S. Treasuries. * Reserves held in
bitcoin
* Global crypto investment products saw $185M in net inflows last week, with $2B in May. * US-based funds dominated inflows, while Sweden and Brazil saw outflows. * Bitcoin-based funds had $148M in net inflows, while short Bitcoin products had outflows. * US spot Bitcoin ETFs had $170.9M in net inflows, surpassing Grayscale&
blackrock
* BlackRock and Grayscale update filings for spot Ethereum ETFs, moving closer to launch. * SEC approval sparks positive market sentiment, with potential ETF launch by end of June. * Riot Platforms makes hostile bid for Bitfarms, potential stand-off brewing. - Congress advances FIT21 Act and CBDC Anti-Surveillance State Act, facing Senate scrutiny.
arkinvest
* ARK Invest no longer partners with 21Shares for proposed Ethereum ETF. * ETF name changed to 21Shares Core Ethereum ETF in amended Form S-1. * 21Shares confirms ARK's absence in emailed statement to The Block. * ARK and 21Shares still collaborate on ARK 21Shares Bitcoin ETF. * SEC approved 19b-4 forms for
blackrock
* BlackRock filed amended S-1 for proposed Ethereum fund, awaiting SEC approval for trading. * Seed capital investor purchased 400,000 shares at $25 each on May 21, 2024. * Shares to be listed and traded under ticker symbol "ETHA." * SEC in talks with issuers about S-1 forms, launch date speculated
ethereum
* Fidelity's U.S. spot ethereum ETF added to DTCC's list under ticker FETH. * DTCC designates FETH as domestic fund, not yet active for processing. * DTCC includes proposed spot ether ETFs from VanEck, Franklin Templeton, BlackRock. * SEC approved 19b-4 forms for spot ether ETFs from eight firms.
ethereum
* Ethereum faces sales pitch challenges for upcoming spot crypto ETF. * Pitch Ethereum as future of finance or all-in-one decentralization platform. * Ether's upside compared to Bitcoin attracts investors, despite technical roadmap concerns. * SEC-approved spot Ether ETFs face competition and regulatory hurdles. * BlackRock's success with Ethereum tokenization boosts
ethereum
* Ethereum price surges 21% on optimism for US spot ETF approval. * Tension in Ethereum community over decentralization progress and token incentives. * Top developers clash over MEV practice, sparking heated debate on social media. * Conflict-of-interest accusations arise as Ethereum Foundation devs accept roles at EigenLayer. * Consensus conference in Austin next week
ethereum
* Lyra protocol predicts 20% chance of ETH hitting $5,000 by June, fueled by ETF optimism. * Traders favoring ETH call options above $5,000 strikes, indicating bullish sentiment. * Deribit CEO notes increasing demand for ETH call options, signaling positive market outlook. * $2.7 billion in Bitcoin and Ether options set