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Only 72.5% of Ethereum (ETH) is available after staking growth
Only 72.5% of Ethereum (ETH) is available after staking growth

Share link:In this post: Less ETH tokens are freely available, with more offers of staking limiting the supply. ETH is deflationary, leading to a flat supply of 120M tokens. More entities are offering staking services for smaller investors lack the full 32 ETH stake to build a validator node.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/o

Cryptopolitan·2024/06/17 22:34
SEC’s top crypto enforcer announces his resignation
SEC’s top crypto enforcer announces his resignation

Share link:In this post: David Hirsch, head of the SEC’s crypto asset enforcement division, has resigned after nearly 10 years. Rumors of Hirsch joining memecoin platform Pump.fun was quickly debunked by him. His departure comes as the SEC continues to tackle high-profile crypto cases and enforce compliance across the industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly

Cryptopolitan·2024/06/17 22:34
US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing'
US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing'

“Ripple is agreeing to nothing,” the SEC said in its response to Ripple’s push for lower fines. Ripple, which has been in a legal battle with the SEC since 2020, compared the regulator’s proposed $2 billion fine for selling XRP to institutional investors to a settlement between Terraform Labs and the regulator.

The Block·2024/06/17 21:01
Bitcoin FOMC watch – Investors pull $600m from the crypto market
Bitcoin FOMC watch – Investors pull $600m from the crypto market

Share link:In this post: A “more hawkish-than-expected” FOMC meeting has sparked $600 million in weekly crypto product outflows, the highest since March. American markets saw most of the outflows, totaling $565 million. The global crypto market cap stands at $2.51 trillion, having tanked by 2% in the last 24 hours.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend ind

Cryptopolitan·2024/06/17 20:22
Tether launches its own gold-backed synthetic dollar
Tether launches its own gold-backed synthetic dollar

Share link:In this post: Tether has launched Alloy by Tether, a new asset backed by Tether Gold, combining gold’s reliability with a stable digital currency. Alloy by Tether features aUSD₮, a digital currency pegged to the US dollar, over-collateralized by physical gold stored in Switzerland. Users can mint aUSD₮ by depositing Tether Gold as collateral, managed through transparent Ethereum-compatible smart contracts.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liab

Cryptopolitan·2024/06/17 20:22
ZK Community claims over 45% of airdropped ZK Tokens in a few hours
ZK Community claims over 45% of airdropped ZK Tokens in a few hours

Share link:In this post: zkSync’s anticipated ZK token airdrop coincides with the Binance listing, influencing the token’s price. A few hours after the airdrop, over 45% of the ZK tokens had already been claimed. ZK tokens price declined immediately after listing on Binance and other crypto exchanges.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent resea

Cryptopolitan·2024/06/17 18:13
Flash
03:53
The Bank of Korea warns that single-leveraged ETFs for Samsung Electronics and SK Hynix amplify stock market risks.
According to documents submitted by the Bank of Korea to the National Assembly, single-stock leveraged ETFs targeting Samsung Electronics and SK Hynix have expanded rapidly. The market value share of these two companies has risen from about 36.1% at the end of last year to more than 55%, while their turnover share has increased from 27.9% to 63.5%. The Bank of Korea warned that this phenomenon amplifies structural risks and volatility in the Korean stock market. Korean financial regulators emphasized the need to monitor the impact of these products on market stability and systemic risk, noting that single-stock leveraged ETFs exacerbate one-way capital flows amid changes in market sentiment and, during a market reversal, the combination of intraday rebalancing and derivatives hedging mechanisms amplify price fluctuations.
02:03
Data: Whales on the Hyperliquid platform currently hold $4.877 billions in positions, with a long-short ratio of 0.97
According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold $4.877 billion in positions, with long positions totaling $2.404 billion, accounting for 49.3% of positions, and short positions totaling $2.473 billion, accounting for 50.7%. Long positions have a profit and loss of -$26.9483 million, and short positions have a profit and loss of -$72.198 million. Among them, whale address 0x082e..88 is using 5x leverage to go all-in long on HYPE at a price of $38.6755, with an unrealized profit and loss of $41.7566 million.
01:56
Vitalik: Ethereum will enter the "Lean Ethereum" phase, with the core protocol potentially undergoing a comprehensive overhaul in the next 3–4 years
BlockBeats News, on July 5, Ethereum co-founder Vitalik Buterin wrote that Ethereum researchers recently held a meeting in Berlin, continuing the discussion started with client teams in Svalbard in April and updating the long-term protocol roadmap. Vitalik stated, "Lean Ethereum" is not a one-time upgrade, but a series of protocol evolutions that will be implemented gradually over the next 3 to 4 years. Its impact is comparable to "The Merge" as the second major iteration, while the current stage may constitute the third significant evolution. He pointed out that future core changes for Ethereum may include: adopting recursive STARK proofs to replace direct execution verification, introducing post-quantum cryptography, adjusting the consensus mechanism to a decoupled design of available chain and finality, as well as multi-dimensional gas models and state structure reconstruction. At the state layer, Ethereum may form a "dual-layer state structure" around 2030, including about 2TB of traditional dynamic state and around 100TB of new scalable state, to support scaling needs for various application scenarios. Vitalik emphasized that privacy capabilities will no longer be an additional feature but one of the core objectives of protocol design. At the same time, the system will rely more on formal verification to enhance security, and the EVM will be promoted towards higher levels of abstraction in the future, with the underlying architecture possibly gradually transitioning to RISC-V or leanISA. In addition, he mentioned that key parameters such as gas limits, blob capacity, and block time will undergo multiple adjustments over the next few years, and Ethereum will continue to achieve scaling through client optimization and protocol upgrades. Vitalik concluded that Ethereum is entering a stage of continuous rearchitecture and expansion, aiming to upgrade the underlying system without disrupting the existing application ecosystem.
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