All Your Ethereum Transactions Belong to Us, Claims the SEC

In a sudden but predictable overreach of authority, the U.S. Securities and Exchange Commission (SEC) has claimed jurisdiction over Ethereum, and all of the transactions on its network. The post All Your Ethereum Transactions Belong to Us, Claims the SEC appeared first on BeInCrypto.

Timeline of Ethereum

Binance crypto exchange CEO Changpeng Zhao says that while the transition of Ethereum (ETH) to the proof-of-stake (PoS) consensus mechanism is progress in the right direction, it is not “earth-moving.” Zhao says in a new Crypto Banter interview that the revolutionary change that Ethereum could make is lowering transaction costs and enhancing scalability through sharding.

Previous research conducted by CryptoSlate suggested the Ethereum Merge would be a buy-the-rumor, sell-the-news event. The post Research: State of Ethereum derivatives market post-Merge appeared first on CryptoSlate.

On this week's episode of “The Market Report,” Cointelegraph's resident experts discuss why the crypto market is dumping after the Ethereum (ETH) merge and the top headlines in the crypto space.

Does the United States have jurisdiction over the Ethereum blockchain? A lawsuit by the Securities and Exchange Commission (SEC) could be suggesting that, Bloomberg reported Tuesday (Sept.

Ethereum price analysis is bearish today as we have seen a quick reaction higher to the $1,400 resistance, setting another lower high. Therefore, ETH/USD is ready to continue even lower and looks to drop below $1,300 support.

The Merge was completed last week successfully migrating Ethereum from Proof of Work (PoW) to Proof of Stake (PoS). The transition was not a foregone conclusion and the success was greeted with plaudits as well as relief.

The comment was buried in the 69th paragraph of a lawsuit filed against crypto influencer Ian Balina, who is accused of promoting an ICO without telling fans that he was being paid to do so.

As the integration has progressed, Ethereum's price has slid precipitously. Since the general financial markets are facing a period of extreme pessimism, ETH could continue to fall over the next few days.

While the price of Ethereum (ETH) has dipped substantially since The Merge went live last week, its network activity increased. The data from Glassnode shows that the total number of ETH transactions (7-day moving average) reached 47,982 yesterday, the highest level in one month.

The Ethereum community is reviewing the nature of the recently announced $160 million Wintermute hack and has stumbled upon a potential attack vector. One of Wintermute's addresses has the properties of a vanity address which could be the root of the vulnerability.