Digital asset management company CoinShares has announced the launch of an physically backed exchange-traded product (ETP) based on Ethereum.
CoinShares Physical Ethereum under the ticker ETHE will be the company’s second cryptocurrency ETP.
Each share of ETHE at issuing is provided with 0.03 ETH. The volume of assets under ETP management will be approximately $75 million, which will allow institutional and corporate investors to invest in Ethereum.
Earlier, the company launched a similar product based on Bitcoin. It is traded on Switzerland’s largest stock exchange, the SIX Swiss Exchange.
In 2021, we see a continuation of last year’s demand for…
The developers of the Brave browser have updated the project roadmap. It includes decentralized exchange aggregator and a new Brave Wallet.
According to the BAT Roadmap 2.0, the Brave developers are planning to make important changes to the browser. The add-ons will expand the scope of the browser beyond web browsing and provide support for the decentralized finance (DeFi) industry.
The developers will create a DEX aggregator that will help users find and trade on the best possible price on several decentralized exchanges. …
The Berlin crypto company IOTA and the digital custody provider Curv are entering into a partnership.
IOTA is entering into a new partnership. Their new partner is Curv. Curv protects and store digital assets of institutions with its cloud wallet. Through the cooperation with Curv, every app or entity that uses Curv’s institutional custody network would have the opportunity to support the in-house IOTA token (MIOTA).
Iota was enthusiastic about the new cooperation. IOTA mentioned on their blog:
We are very excited about…
California-based fintech company Ripple Labs has registered a new legal entity in Wyoming. This is evidenced on the website of the State Secretariat.
The status of Ripple Markets WY LLC has been upgraded to active. The initial application date is February 11, 2020. The legal entity’s office is located in Cheyenne.
Ripple’s headquarters are located in San Francisco. In October 2020, co-founder Chris Larsen announced a likely change of jurisdiction to a more friendly one. According to him, the US has too strict regulation for the cryptocurrency industry.
In December, Ripple CEO Brad Garlinghouse said that the organization took a…
Today, we entered the last week of February 2021. Like every week, there are dozens of different altcoin news to follow. We’ve compiled five Altcoin news, which we think are the best.
For the week of February 22–28, these five altcoins are Ethereum, IOTA, Filecoin, Polkastarter, and Litentry.
Opening price of the week: $1,868
This week’s news: Ethereum Cat Herders will hold an event on 26 February at 17:00 UTC where EIP-1559 bill will be discussed. Developers and miners will join the panel, which will be chaired by Hudson Jameson of the Ethereum Foundation.
Why to follow: Ethereum developers will…
Ethereum (ETH) price broke All time high (ATH) and managed to surpass $2000.
With the price of Bitcoin rising in January 2021, Ethereum also joined the rally and its price gradually increased from $700 to above $2000. ETH that went up to $2040 increased by 250% on daily basis from January, 2021 onwards. According to Santiment data, the number of addresses holding more than 10 thousand ETH reached 1287 on February 14.
CryptoQuant CEO Ki Young Ju made some statements for ETH. Young Ju pointed out three main things for Ethereum.
Young Ju said that the price of ETH this…
The price of Bitcoin broke an all-time high (ATH), managing to exceed 52 thousand dollars. BNT, ZEN, BNB, CAKE, and IOST took flight as BTC rose.
From February 26 to 28, Tezos Ukraine will hold an online hackathon on the development of DeFi # TezosDeFiHackathon
Registration will close on February 26 at 16: 00 UTC time. Individual participants and teams can participate in the #TezosDeFiHackathon. The hackathon prize pool is $15,000.
According to Tezos Ukraine co-founder Sergey Vasilchuk, active participants will be able to continue developing their ideas, with the grant, and support of the Tezos Foundation.
The winners will be introduced to the main organizations: Tezos Foundation, TQ Tezos and Tezos Commons. …
The price of PancakeSwap (CAKE) set a record, rising 286 percent in two weeks. Why is the price of CAKE rising, increasing to $11.50 on February 18?
The Binance Smart Chain (BSN) based PancakeSwap managed to hit an all-time high, rising 76 percent on a weekly basis. Here are the developments that have raised the price of the CAKE.
PancakeSwap for low transaction fees: DeFi protocol Mirror Protocol announced that PancakeSwap can be traded for those who complain…
The developers of the Polkadot project have released a plan to deploy parachains and slot auctions, which should mark the launch of the protocol’s main network.
According to the published roadmap, the launch of Polkadot’s main network is preceded by three main phases.
The current stage is the Rococo testnet, where developers can test mechanisms for interoperability between the various Polkadot parachains. The platform uses the Cross-Chain Message Passing-lite or XCMP-lite mechanism to allow parachains to exchange cryptoassets and data through the relay chain of Polkadot, the central coordinator of the network. …