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"Ethereum's claims of decentralization are ringing ever more hollow due to the network's lack of client software diversity, an overreliance that could pose an existential threat to ETH stakers. Last weekend, around 8% of Ethereum proof-of-stake (PoS) transaction validators suddenly began producing invalid blocks due to a critical flaw in the Nethermind client software. The issue followed the release of Netherland's v1.23.0 update, requiring a frantic patch to get these network nodes back in business."

The SEC also delayed its decision on Grayscale's Ethereum Trust ETF application for the second time. The first delay was in December 2023. specifically asked whether Ethereum's proof of stake mechanism and "concentration of control or influence by a few individuals or entities" could bring up unique concerns to make the fund susceptible to fraud and manipulation.

The U.S. Securities and Exchange Commission has pushed back the timeline for a decision on whether to approve or disapprove the proposed Invesco Galaxy Ethereum exchange-traded fund (ETF). The SEC previously delayed a decision on the fund in December and this time said it was "instituting proceedings." Open questions include whether Ethereum's proof-of-stake mechanism and "concentration of control or influence by a few individuals or entities" could bring up unique concerns to make the fund susceptible to fraud and manipulation. https://www.sec.gov/files/rules/sro/cboebzx/2024/34-99479.pdf

A key aspect of the U.S. Securities and Exchange Commission (SEC) spot Ethereum (ETH) exchange-traded fund (ETF) approval is that it considers each ETF to be a "Commodity-Based Trust Share". Several years ago the SEC classified ETH as a commodity, but when ETH migrated to the Proof of Stake (POS) protocol, the SEC reclassified ETH as a security.

The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has notified Consensys that it is closing its investigation into Ethereum (ETH) 2.0, and will not pursue an enforcement action against the technology incubator that develops decentralized software services and applications that operate on the Ethereum blockchain. The SEC was investigating whether ETH had become a "security" after it switched from a proof-of-work (PoW) to proof-of-stake (PoS) protocol (from "ETH 1.0" to "ETH 2.0"). In April 2024, Consensys had filed a lawsuit against the SEC, alleging that the investigation was an "unlawful seizure of authority" over Ethereum, on the grounds that ETH is a "commodity" and therefore outside the SEC's jurisdiction.

Sveriges Riksbank published a paper that analyses central bank digital currency (CBDC) electricity consumption compared to existing retail payment services. Findings indicate that the energy use per transaction of an e-krona is comparable to that of card payments. However, there are significant differences depending on whether the design of the infrastructure for the e-krona is centralized or decentralized, where a centralized solution tend to be less energy consuming than a decentralized solution. Algorand's proof-of-stake public-permissioned network was chosen to represent the decentralized platform, and Hedera's private-permissioned network the centralized platform, and the transactions volumes were assumed to be similar to that of cash-based transactions.

The Algorand platform is explicitly designed with the idea of catering to large scale payment processing, enterprise uses, mainstream user adoption, and a vision of a "borderless economy" from scratch.

"The real challenge for the United States isn't Facebook's proposed Libra; it's government-backed digital currencies like the one planned by China."

"Bitfinexed thinks the USD being stuck at Binance is why the price of bitcoin has gone from $16,000 a few weeks ago to over $20,000. Bitcoin trading is that thin, and the bitcoin price is pretty much set at Binance. When you can't get cash off an exchange, you trade whatever you've got for bitcoin, so you can move it to Coinbase and cash out. The demand pushes up the price."