More than 2 million Ethereum, worth around $5.8 billion, was reportedly burnt since the last update. The burns started following Ethereum Improvement Proposal 159, or EIP 1559, from the London hard fork. EIP 150 does not limit the total supply of Ether, instead, kicking off a mechanism that destroys an amount of Ether in circulating [...]

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Digital asset investment giant is set to launch a new fund focused on a line-up of the most prominent smart contract platform cryptocurrencies. Grayscale says the new fund reflects an ongoing demand for “diversified exposure to crypto protocols leveraging decentralized smart contract technology.” “Investor demand for diversified exposure has grown in parallel to the ongoing […]

The post Grayscale Launches New Smart Contract Fund With Cardano, Solana, Avalanche and More appeared first on Coin Bureau.

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano,…

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