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BlockFi lowers interest rates on ether deposits under 100 ETH by near half

Startup BlockFi has announced it is significantly lowering interest rates on ether deposits starting June 1. The decision stems from the fact that the ether borrowing and lending market has not been developing as well as the Bitcoin market has; instead, it has become “stagnant”…

Whales hold a third of all ETH and a fifth of all BTC, Chainalysis finds

Just 376 people hold more than 30% of all ether, Chainalysis research shows. Chainalysis excluded exchanges from their research, which tend to hold enormous amounts of ether on behalf of their users. Chainalysis also noted that over 20% of all bitcoin is controlled by individuals.…

SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending

The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for…

CheapAir Adds Ether (ETH) to Growing Roster of Accepted Crypto Assets

The CEO of an early merchant adopter of crypto plans to add the native digital asset on the Ethereum blockchain, Ether (ETH), to its list of accepted digital assets. CheapAir originally began accepting Bitcoin for flight tickets in 2013 and has since expanded to offer…

Vitalik: Upcoming ETH PoS Algorithm will adopt higher staking rewards

Ethereum funder Vitalik Buterin recently posted on Github that Ethereum will use a higher staking reward metric after the deployment of Proof of Stake.  Buterin’s proposal charts out the estimated annual returns for different amounts of validating ether. For example, if 1 million ether is…

Crypto in the Mainstream: Ether Makes Cameo in Netflix Series

Popular movie and series streaming platform Netflix has just released the second series of its original show, The OA, and surprisingly, it features the use of the native crypto asset on the Ethereum blockchain, Ether (ETH). The science-fiction mystery drama revolves around a fictional online…