FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.
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The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.
Bitcoin forks led gains in the past 24 hours, outpacing major tokens.
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
Bitcoin is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent the crypto down nearly 2%.
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.
Broader crypto markets were modestly lower late on Wednesday.
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.