On May 17, Ethereum co-founder Vitalik Buterin proposed a unique solution to combat Ethereum’s miner extracted value (MEV) problem. Miner extracted value refers to a practice where block producers seek to maximize profits by using intricate market strategies to arrange transactions within a block. Buterin provided one such example: “Consider decentralized exchanges like Uniswap. Suppose that at…
Five potential spot Ether exchange-traded fund (ETF) issuers have submitted amended 19b-4 filings after receiving last-minute feedback from the Securities and Exchange Commission. Several filings show changes from asset managers Fidelity, VanEck, and Franklin Templeton along with joint applications from Galaxy and Invesco, and ARK Invest and 21Shares. The amendments saw Fidelity, Franklin Templeton and ARK…
Farcaster community-created token Degen (DEGEN) jumped 17% after the blockchain-based social platform confirmed it raised $150 million in its latest funding round. The Series A round was led by venture firm Paradigm with participation from Andreessen Horowitz, Haun, USV, Variant and Standard Crypto. Farcaster founder Dan Romero said in a May 21 X post the funds will “support our…