The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether ETH exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi.
Coinbase Inc. (COIN) took another step in its back-and-forth argument with the U.S. Securities and Exchange Commission (SEC) on whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court.