Ethereum Watch

Advertisements This crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while […]

The price of Ethereum has surged to an 11-month high despite the withdrawal of nearly 240,000 ETH. The withdrawals did not have any negative impact on the Ethereum price trend as the crypto asset is on a surge spree. Advertisements As of the time of writing, ETH has recorded a price growth above 6% in […]

On Thursday, it was revealed that crypto exchange Kraken reached a settlement with the Securities and Exchanges Commission (SEC) to stop offering staking services for Ethereum and similar cryptocurrencies. This news understandably triggered a dip in the prices of digital assets across the space, but the question now becomes, where does all of the staked […]

ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted.  The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ruling. According to a 10 February tweet by Wu Blockchain, Kraken, the second-largest exchange in the U.S., “immediately” ceased its crypto staking-as-a-service platform […]

Key Takeaways Incoming Kraken CEO Dave Ripley says that his company does not intend to register with the SEC. He insists that Kraken does not list assets that are securities and says that it has no plans to do so. Ripley currently serves as Kraken’s COO. He will succeed Jesse Powell as CEO as announced […]

Advertisements What you need to know: Over 12 million Ethereum is locked in the ETH 2.0 deposit contract This amount translates to roughly 10% of Ethereum’s circulating supply of 120.576 million ETH This amount in ETH will continue being unavailable to depositors until the merge happens Ethereum continues to be affected by a crypto-wide pullback […]

Advertisements Summary: LimeWire has closed a private token sale of its LMWR token and raised $10.4 million The private token sale was led by Kraken Ventures, Arrington Capital, GSR, and more The legendary peer-to-peer music sharing platform plans to open a marketplace for digital collectibles popularly known as NFTs LMWR token will be at the […]

Ethereum‘s main chain is expected to merge with its Beacon Chain later this year, effectively turning it into a Proof of Stake protocol. In anticipation of this, users have increasingly been staking their ETH, with the staking deposit contract amassing over 9.41 million Ether worth over $24.83 billion at press time. Advertisements While anticipation for […]

Key Takeaways Kraken Ventures has raised $65 million from Kraken and a host of institutional investors. The fund will invest in DeFi, Web3, and other areas of the crypto space. It’s also set its sights on expansion in Europe. Share this article URL Copied Advertisements Kraken Ventures already has positions in Anchorage, Messari, Acala, and […]

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Advertisements Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ […]