Ethereum News

In some documents that were released yesterday in the case between the SEC and Consensys, it was seen that the regulator has been considering Ether as a security for at least 1 year, while Patrick McHenry, chairman of the Financial Services Committee, reacted harshly to this situation. The Republican Congressman stated that Gensler misled both the courts and them and that they saw from the court documents that he did it on purpose.

In the recent days when cryptocurrencies have been falling, a negative claim was made about Ether spot ETFs and it was stated that the SEC will make a decision to reject these funds in May. It was also reported that SEC executives did not bring the details, which are of great importance for ETFs, to the table in recent meetings.

Vitalik Buterin, one of the founders of Ethereum, stated that the network should think much further ahead after the Dencun update. Writing that Ethereum is no longer just a financial ecosystem, Buterin highlighted PeerDAS and said it will go beyond EIP-4844. Buterin also made some suggestions for the layer-2s to be more secure and faster.

Vitalik Buterin, who does not write on X as much as he used to and keeps his posts at a limited level, was called to “return” to the platform, while Elon Musk also intervened in the issue. Tesla, SpaceX and X CEO asked “Why did he quit?” for Buterin.

Vitalik Buterin, one of the founders of Ethereum, recently proposed the “Rainbow staking” solution against concerns about staking service providers who have recently gained more power on the network and allegedly threatened centralisation.

The Ethereum Foundation, which is based in Switzerland and supports developments in the Ethereum network, has been investigated. There is currently no detailed information about which government agency opened the investigation.

BlackRock, which entered the crypto industry with the Bitcoin spot ETF move, has now stepped into the Real World Assets (RWAs) category of this field, which has been much talked about recently. The company applied to the US Securities and Exchange Commission (SEC) for the USD Corporate Digital Liquidity Fund. BlackRock will work with Securitize, known for its expertise in asset tokenisation, for the fund.

The Dencun update, which will reduce transaction fees on layer 2 chains running on Ethereum, has been launched on the network without any problems. Dencun, which is a combination of two simultaneous updates called Deneb and Cancun, will also reduce the load on the Ethereum Virtual Machine (EVM) with “Proto-Danksharding” technology and enable transactions to take place faster.