The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF).

American banking giant PNC has joined the growing number of financial institutions using payments products from blockchain startup Ripple.

Founding partners of the $1 billion blockchain fund backed by the government of the Chinese city of Hangzhou are planning to roll out a Japanese yen-pegged stablecoin.

Since mid-2017, Ethereum hackathons have been held in many major cities across the globe, to encourage the development of decentralized applications (dApps) and blockchain-based systems. CNN reports that.

Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps).