Ark Invest at 21Shares Apply Para sa Spot ETH ETF

Ark Invest, Cathie Woods $60B investment firm, and 21Shares, a digital asset management firm, filed an application with the U.S. Securities and Exchange Commission for a spot exchange-traded fund tracking the price of Ether on Sept. 6.  The proposed Ark 21Shares Ethereum ETF is the first application for a spot Ether ETF in the United States. If approved, the trust would directly hold ETH.  “The Trust provides investors with the opportunity to access the market for Ether through a traditional brokerage account without the potential barriers to entry or risks involved with holding or transferring Ether,” the filing said. “[21Shares] believes that the Shares are designed to provide investors with a cost-effective and convenient way to invest in ether without purchasing, holding and trading ether directly.”  Coinbase Custody would hold ETH on behalf of the trust, and the ETF would reference the CME CF Ether-Dollar Reference Rate and adjust for expenses and liabilities. Shares in the ETF would be valued daily at 4pm EST based on the reference index.  The news had little price impact, with ETH trading roughly flat over the past seven days.  Presyo ng ETH  The move comes as some analysts predict it may only be a matter of time before a spot

2023-09-08Industriya

Crypto whale loses $24M in staked Ethereum to phishing attack

A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ether (ETH) on the liquid staking provider Rocket Pool.  The investor lost their entire address balance of Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) on Sept. 6, the cryptocurrency security firm PeckShield iniulat.  The hack was completed in just two transactions, with 9,579 stETH stolen in one and 4,851 rETH in another. At the time of the attack, the amount stolen was worth $15.5 million in stETH and $8.5 million in rETH, a staggering $24 million combined.  According to PeckShield, the phisher subsequently swapped the assets for 13,785 ETH and 1.64 million Dai (DAI).  A significant portion of the DAI stash has already been transferred into the fully automatic cryptocurrency exchange FixedFloat, PeckShield reported.  SlowMists crypto tracking team, MistTrack, iniulat that most of the remaining stolen funds were transferred to three addresses.  According to anti-scam source Scam Sniffer, the victim Pinagana token approvals to the scammer by signing “Increase Allowance” transactions.  Allowance or access permissions are a feature of ERC-20 tokens that enable a third party to have the right to spend some tokens that belong to a different owner, using smart contracts. Some cryptocurrency observers have warned

2023-09-08Ethereum

Patuloy bang mawawalan ng halaga ang Curve Dao?

CRV open interest is $61.89 Million. As per Coinglass, a crypto analysis website, it fell by 1.28% in the previous session. The long versus short ratio for 24 hours is 0.8957. The short liquidation is $2.1 K versus $9.89K for the long liquidation.  Curve Dao crypto plummeted by 1.36% in market value and rose by 9.69% in trading volume in the last 24 hours, as per CoinMarketCap, a crypto data analysis website. CRV market value is $380,723,057 and its trading volume is $22,652,518. There are currently 866,899,937 CRV in circulation.  Technical Analysis Of CRV Crypto in the 1-Day Timeframe  The CRV crypto price has been on a downward spiral for the last six months, losing more than half of its value and forming lower highs and lows.  The CRV crypto price is facing a lot of bearish pressure and declining steadily. It is following a downward trendline that is acting as a resistance and signaling a downtrend. The price broke below the 50.00% Fibo level on May 8th, 2023, and continued to slide. The bears are dominating and the price is not showing any signs of recovery.  The CRV crypto price may continue to fall and test or break the support levels of $0.40384000 and

2023-09-08Industriya

Magagawa-o-Break ba ang XTZ Mula sa Pattern na Ito?

Tezos price prediction showcases the decline of XTZ crypto through an interesting pattern over the daily time frame chart. XTZ crypto has been slipping inside the descending triangle pattern since July 2023 and is currently in a crucial make-or-break situation. Now XTZ cryptocurrency needs to accumulate buyers in order to surge out of the declining pattern. However, sellers are currently overpowering the situation to pull Tezos crypto price.  Tezos cryptocurrency needs to attract buyers intraday to surge towards the upper trendline of the descending triangle pattern. Meanwhile, XTZ crypto price started slipping from the $0.92463472 level till the current level.  Tezos price was at $0.68547000 and has lost 1.17% of its market capitalization during the days trading session. Trading volume fell by around 1.16% intraday. This demonstrates that sellers are currently present in the trade for a pullback. Volume to market cap ratio was at 1.79%.  Will Tezos Price Register Its Breakout?   Tezos price prediction showcases the struggle of XTZ crypto at the verge of descending triangle pattern. XTZ crypto is yet to break out from the pattern; it failed to sustain at the negative sloping line. However, volume change is below average and needs to grow intraday. Meanwhile, XTZ crypto is trading

2023-09-08Industriya

Bakit Bumababa ang XRP at Kailan Babalik ang Bulls? (Pagsusuri ng Ripple Price)

Ripples price has been gradually declining over the past few days, and the situation does not look promising for XRP at the moment.  Teknikal na Pagsusuri ng  Ang USDT Paired Chart  On the USDT-paired chart, the price has been struggling to rebound after the recent drop from the $0.9 resistance level. The 200-day moving average, located around the $0.5 mark, is also failing to hold the market, as the price has been closing below it in recent days.  Considering the current market structure and the RSI indicator showing values deep below 50%, there is a high likelihood of a drop towards the $0.43 support level in the short term.  Pinagmulan: TradingViewAng BTC Paired Chart  Looking at the BTC-paired chart, things are quite similar. While the 200-day moving average, trending around the 1850 SAT level, is still intact on this chart, the price is making clear lower highs and lows, indicating a bearish market structure.  If the 200-day moving average and the 1800 SAT support level are broken to the downside, things will get ugly for Ripple, and the price could drop toward the 1500 SAT area in no time.  Pinagmulan: TradingView

2023-09-08Industriya

Aling Meme Coin ang Mangibabaw sa Setyembre – Shiba Inu, Pepe, o Pomerdoge?

The meme coin industry has seen the emergence of different tokens in recent years with notable mentions being Shiba Inu (SHIB) and Pepe (PEPE). However, a new meme coin and lay-to-earn token, Pomerdoge (POMD) has joined the race. According to experts, Pomerdoge has more utility and benefits that will make it the meme coin king. Let us look at these benefits and utilities.  Shiba Inu is the main utility token of the Shiba ecosystem. Meanwhile, the token serves several purposes in the ecosystem such as payment of fees and rewards. At the peak in 2021, the Shiba Inu price soared to an all-time high of $0.0000884, a 150,000x increase.  However, the price of Shiba Inu has since dropped in recent months. By press time, the price of Shiba Inu is $0.00000819 today. This represents a 1.11% price decline in the last 24 hours and a 1.70% price decline in the past 7 days.  One significant drawback associated with the Shiba Inu coin is its lack of practical application in the real world. However, the project is making up for this with the recent launch of Shibarium – a layer 2 scalability network for the Shiba Inu ecosystem.  The journey of the Pepe coin has

2023-09-08Industriya

Inilalahad ng Philippine Blockchain Week 2023 ang mga flagship na kaganapan at mga bagong headline speaker

blockchain  Inilalahad ng Philippine Blockchain Week 2023 ang mga flagship na kaganapan at mga bagong headline speaker  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Manila, Philippines – September 7, 2023 – Philippine Blockchain Week (PBW), the leading blockchain conference in the Philippines, will run from September 19 to 21, 2023, at the Marriott Grand Ballroom, Newport World Resorts, Manila, Philippines.  Launched in 2022, the first Philippine Blockchain Week attracted over 500 foreign participants, all eager to learn from industry thought leaders on all facets of Web3 infrastructure, crypto, and more.  said PBW convenor Donald Lim.  The week-long industry gathering will feature more than 150 local and global experts. also feature panels and workshops delving into decentralized finance, enterprise blockchain adoption, NFTs, AI, content creation, metaverse development, crypto regulations, and other critical topics while spotlighting immersive and hands-on blockchain experiences.  The highlight of the week‘s festivities will be the first-ever Michael Cinco Metaverse Fashion Gala, wherein renowned designer Michael Cinco will showcase his cutting-edge digital couture and host an auction of some of his most iconic pieces, with part of the proceeds going to the World Wild Fund for Nature Philippines for the conservation of endangered species, the Global Spectrum Initiative’s initiative to provide opportunities for autistic

2023-09-08Industriya

Inihayag ng Mga Pinuno ng Industriya ang Groundbreaking Tokenized Asset Coalition

The Tokenized Asset Coalition champions the adoption of public blockchains, asset tokenization and institutional DeFi to dramatically alter the way capital is formed, invested and managed on-chain, paving the way for a more open, fair and transparent system for investors.  The Tokenized Asset Coalition has three primary objectives:  Edukasyon: Create and disseminate educational content, host events, facilitate analysis and share insights about asset tokenization to foster trust and understanding within the ecosystem.  Pagtataguyod: Develop shared principles, best practices and industry recommendations to promote a more compliant and sustainable environment for asset tokenization.  Pag-aampon: Actively work towards building on-chain infrastructure that scales to the needs of investors, issuers, protocols, platforms and users, driving the widespread adoption of tokenized real-world assets.  The Tokenized Asset Coalition believes that public crypto rails offer superior efficiency, cost savings and transparency compared to legacy systems. By fostering collaboration, education and the development of on-chain infrastructure, the Coalition aims to address the inefficiencies, lack of transparency and fragmentation inherent in traditional financial systems. The Coalition takes a collaborative approach to uniting organizations with a shared vision for tokenized real-world assets and impactful use cases that deliver the true value of crypto.  The Tokenized Asset Coalition was formed with seven founding members. As new

2023-09-08Industriya

ETH Price Threatens Another Major Dump Before Recovery

| Tradingview  The Relative Strength Index (RSI) shows that bears are firmly in control and that it may take a miracle to reverse the trend.  Meanwhile, investors would be in luck if the Securities and Exchange Commission (SEC) green-lights the first futures-based Ethereum exchange-traded fund (ETF) this September, or in October.  If history repeats itself, ETH price might be up for a 60% rebound following the approval. Bitcoin rallied by the same margin two and a half years ago when the agencies greenlighted the BTC futures ETF.  Meanwhile, Cathie Woods Ark Invest has filed a proposal with the SEC seeking to offer the first spot ETH ETF product. The product, referred to as ARK 21Shares Ethereum ETF is similar to the spot BTC ETFs that the agency delayed last week.  The SEC said that it needed time to digest the proposals following Grayscales win in the appeals court. Grayscale Investments, the largest digital asset manager in the world is seeking approval to convert its Bitcoin Trust (GBTC) shares into a spot Bitcoin ETF.  Coinbase was named the custodian in the filing, which means the exchange will store the Ethereum backing the product likely to be listed on Cboe BZX Exchange.  Experts believe the agency will approve the

2023-09-08Ethereum

Tinukoy ng FBI ang North Korean Lazarus Group sa likod ng $41 million heist mula sa Stake.com

Pananalapi  Tinukoy ng FBI ang North Korean Lazarus Group sa likod ng $41 million heist mula sa Stake.com  20 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In a revelation that has sent shockwaves through the cryptocurrency community, the Federal Bureau of Investigation (FBI) has identified the Lazarus Group, a notorious North Korean hacker collective, as the perpetrators behind the recent $41 million theft from Stake.com.  The online crypto casino, which had already been grappling with a security breach involving suspicious outflows, found itself at the center of a more significant crisis on September 4, 2023. According to the FBI, the Lazarus Group, also known as APT38, orchestrated the heist, moving the stolen funds across multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon.  A year of unprecedented cybercrime: Lazarus Groups trail of theft  The Stake.com incident is not an isolated event but part of a series of cryptocurrency heists executed by the Lazarus Group in 2023. The group has been responsible for pilfering over $200 million in various cryptocurrency thefts this year alone.  Notable among these are the thefts of approximately $60 million from Alphapo and CoinsPaid on July 22, followed by another haul of around $100 million from Atomic Wallet on June 2. The FBIs

2023-09-08Industriya
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