Aragon Scraps Planned Community Control of $200M Treasury Amid Battle With Activist Investors
The Aragon Association on Tuesday canceled its plans for holders of its ANT token to wield broad voting powers over everything from strategic direction to a $200 million treasury, dealing a major blow to the DAO-focused Ethereum startup’s transition to a decentralized autonomous organization. CoinDesk's Managing Editor for Data and Tokens, Danny Nelson, joins "The Hash" panel to discuss the latest developments.
EY Unveils Ethereum-Based Carbon Emission Tracking Platform
EY, the professional services giant, has started an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. "The Hash" panel discusses the latest developments as EY Global Blockchain Leader Paul Brody said in a statement, "detailed traceability allows for tracking of emissions inventory through tokenization including the ability to link carbon output to specific product output."
Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High
A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like "inscriptions" has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. "The Hash" panel discusses the milestone and its implications for the Bitcoin ecosystem.
Sports Illustrated Unveils NFT Ticketing Platform on Polygon
U.S. sports media company Sports Illustrated is launching a non-fungible token (NFT) ticketing platform called "Box Office" built on the Polygon network, an Ethereum scaling tool. "The Hash" panel discusses the future of NFT ticketing and live entertainment powered by blockchain technology.
Ethereum Withdrawal Requests Now Face Roughly 17-Day Wait
Ethereum validators that have put in withdrawal requests following the network's Shanghai upgrade will have to wait upwards of 17 days to get their staked ether (ETH) back, according to data analytics firm Nansen. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Scroll Co-Founder on Ethereum Scaling Race
A decentralized, global team of developers is shirking the urge to be the first to scale Ethereum. As part of CoinDesk's Projects to Watch 2023, Scroll co-founder Sandy Peng discusses Ethereum's "zero-knowledge" arms race and how Scroll stands out from the competition.
Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated
So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.
Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data
Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.
Ether Options Trading Volume Outshines Bitcoin After Shanghai Upgrade
Ether (ETH) continues to outperform bitcoin (BTC) following the Ethereum network’s "Shapella" upgrade. The options market tied to ether has seen more activity than bitcoin in the past 24 hours, the first instance of 2023. "Bitcoin's going to be the boring old grandpa right now in the room," Dexterity Capital managing partner Michael Safai said. Plus, Safai reacts to ether's latest price rally after topping $2,100.
Ethereum Hits New Milestone After Successful Upgrade
Bitcoin (BTC) and ether (ETH) are both on the rise as the Ethereum network's successful Shanghai upgrade lifts the crypto markets. Forkast analyzes the most recent market movements and other news shaping the cryptocurrency world in the latest episode of "Market Movers."