Coinbase, one of the most-used cryptocurrency exchanges, moved approximately $5 billion in cryptocurrency, claiming the title of “largest crypto migration on record.” The transfer included 5% of all BTC, 8% of all ETH, and 25% of all LTC in circulation. Coinbase stores 98% or more of our customer assets in our cold storage system.
Coinbase Professional announced that its going to add four Ethereum tokens to its platform namely which are the following: Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL). GNT and DAI will be available in the US, except New York. While, MKR and ZIL will be available in UK, EU, Canada, Singapore, and Australia. Also added other jurisdictions might get extended later.
Opera released an inbuilt crypto wallet on its Android application “Web 3-ready.” Reportedly, the wallet features ethereum coin and would add others later. It supports crypto collectibles with ERC-721 standard. The Opera Crypto product manager revealed that the product is similar to the beta version covering a larger audience. The company reasoned that Ethereum has a ‘lot of momentum’ behind it.
The Ethereum Foundation has given away nearly $3 million in grants to various blockchain companies and developers under its grand program. The Prysmatic Labs and Status received $500,000 each, while the Spanchain, Kyokan and Connext received $420,000 together for its open software developer’s kit for non-custodial payment channel. The Ethereum Foundation is to support the research project of Status.
The Ethereum-based DDEX, decentralized exchange, has released its mobile application accessible on both IOS and Android devices. The exchange is supported by Initialized Capital, a venture capital firm founded by Alexis Ohanian. The company claimed, “We aim to provide a simpler, more intuitive mobile trading experience with liquid trading pairs and 24/7customer support.”
The SpankChain has declared that the hackers who looted 165.38 ETH worth $31,500 has returned them. The company has also sent $5,000 and 5.5 ETH worth $1,050 considering the seed capital used for the hack. Reportedly, the hacked cryptos were deposited and the private key of the wallet was shared by the hacker as expressed by the CEO of SpankChain.
Ether is to be added to the crypto derivative platform, LedgerX. The LedgerX offers derivative products to the institutional investors. The listing of Ether would be made on the platform only on the approval from the Commodities Futures and Trading Commission (CFTC) post the regulatory meeting scheduled to happen on 5th October after testing the product.
The Wirex company has listed Ethereum Wallet to its offering. The users would be able to trade the digital currency on its platform. Currently, six other wallets are available on the platform such as BTC, LTC, XRP, GBP, EUR, and USD. The founder of the company acknowledged Ethereum as the second most valuable crypto after Bitcoin.
The Ethereum Wallet MyCrypto has managed to raise $4 million through a Series A funding round. The funds are to be used to enhance the MyCrypto’s user experience to aid customers to transact with Ethereum at ease as expressed by the CEO. The funding round was led by Polychain Capital and the companies such as ShapeShift, Ausum Blockchain Fund LP, and others invested.
The Bitmain-backed mining pool BTC.com is diversifying its offerings to add Ethereum and Ethereum Classic mining pools. The mining pool would also add mining facilities of cryptos such as Litecoin, ZCash, and Monero. The new mining pools would also extend GPU and CPU mining options. Reportedly, the GPU mining is much more secure.