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The co-founder and president of the company, Justin Young, shared with Cointelegraph via email that they have postponed their plans to launch, with the specific date labeled as “TBD.” Volatility Shares, a financial institution specializing in a variety of exchange-traded fund ( ETF ) offerings, has decided to cancel its intention to introduce an Ether future s ETF on October 2, citing shifts in market dynamics. In correspondence with Cointelegraph, Justin Young, the company’s co-founder and president, officially confirmed the cancellation, stating, “You are absolutely correct — we did not initiate the launch today. We did not perceive the opportune moment for this endeavor at this juncture.” Nevertheless, when questioned about the company’s future intentions regarding the launch of an ETH futures ETF, Mr. Young responded affirmatively, asserting, “Certainly,” and adding, “Our plans remain to be determined.” ETH futures ...

The Tornado Cash DAO Hacker has begun to move the stolen Ethereum ( ETH ) and Torn (TORN) tokens. On Wednesday night, 100 ETH er ( ETH ) and 38,000 torn (TORN) tokens were moved by addresses connected to the hacker. According to Etherscan data, the hacker used the Tornado Cash protocol for the movement. An unnamed attacker, or attackers, took control of the DAO responsible for the privacy-focused crypto mixer’s operations on Saturday. The hacker also took control of the DAO’s funds and future plans. The attacker continues to have access to potentially all of Tornado Cash’s treasury cash and currently has over 20 ETH er ($35,684) in their wallet. A fraudulent proposal was put out by the attacker, hiding a computer function that gave them a fake governance vote. Some components of Tornado Cash, including torn tokens held in the primary governance contract, were accessed using fake votes, and also the stolen Ethereum. The hacker could also withdraw locked torn tokens. Howeve...

The Ethereum ( ETH ) merge was one of the most historic moments in the crypto industry. The move saw the transition of the second biggest crypto by market cap from a Proof-of-Work system to a Proof-of-Stake system. However, the upgrade has brought about some significant changes in the supply dynamics of ETH . Ethereum supply issuance has decreased According to Glassnode, ETH ’s issuance rate was about 4.5% before the merge. After the merge, issuance dropped to roughly 0.5%. Even though the nominal inflation rate is about 0.55%, the burns consume most of it. Source: Glassnode After the merge, we saw a peak issuance in October of about 14,700 ETH . Peak deflation took place in November with about 2,400 ETH . As of yesterday, the net Ethereum supply stands at around negative 1885 ETH . Source: Glassnode Aside from the issuance, the block interval has also witnessed significant changes. In its PoW form, the block interval would vary. However, after transitioning to a PoS ...