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ARK 21Shares Adopts Cash-Creation Model for Spot Ether ETF

ARK 21Shares has adjusted its spot Ether exchange-traded fund (ETF) application by adopting a cash-creation model, mirroring its approved spot Bitcoin ETF.

Additionally, it has proposed staking a portion of the ETF’s Ether to generate extra income.

In December 2023, ARK 21Shares and BlackRock were among the pioneers in converting their spot Bitcoin ETFs to a cash creation and redemption model after discussions with the U.S. securities regulator.

Initially, ARK 21Shares suggested an in-kind redemption model for its spot Ether ETF, which involved non-monetary payments like BTC.

Under the cash creation model, ARK 21Shares would buy Ether equivalent to the order and deposit it into the trust’s account, creating shares of the spot Ether ETF.

Bloomberg ETF analyst Eric Balchunas noted that these changes, outlined in the latest Form S-1 amendment filed on Feb. 7, align the ETF with approved spot Bitcoin ETFs.

However, the shift to a cash creation model may affect arbitrage transactions by authorized participants aimed at maintaining the share price close to Ether.

The latest S-1 filing also introduces a staking element to the spot Ether ETF. ARK 21Shares proposes staking a portion of the trust’s assets through trusted third-party staking providers, expecting to receive staking rewards as income.

Staking activities carry risks such as losing ETH through slashing, and staked ETH might be locked up for extended periods.

Finance lawyer Scott Johnsson mentioned that the staking-related paragraphs were in brackets, indicating openness to discussion with regulators.

Bloomberg ETF analyst James Seyffart expressed skepticism about the SEC allowing staking in spot Ether ETFs but noted uncertainties.

Seyffart adjusted the odds of spot Ether ETF approval in 2024 from 70% to 60% on Jan. 30.

The SEC must decide on several ETF applications, including VanEck’s by May 23 and ARK 21Shares by May 24.

Seyffart anticipates decisions on all applications by May 23, similar to the SEC’s approach with spot Bitcoin ETFs on Jan. 10.

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UK Police Unit Thwarts 43 Fraudulent Web Domains Amid Rising Cybercrime Concerns

Crypto News Today

The National Fraud Intelligence Bureau (NFIB), a police unit in the United Kingdom focused on scrutinising and collecting intelligence on fraud and finance-related cybercrime, has thwarted 43 web domains associated with fraudulent activities.

As per an update from Pete O’Doherty, the acting commissioner of the City of London Police, the NFIB stumbled upon a spoof email address masquerading as the crypto site blockchain.com.

Authorities unearthed an additional 42 web domains, such as “actionfraud.info” and “department-fraud.com,” promptly blocking these addresses upon discovery.

The NFIB implored individuals falling prey to cybercrimes to report through official channels and the hotline.

By December 2023, nearly 300,000 malevolent websites had been removed due to such reports. Some phishing attempts involved deceiving email recipients into believing they had won a Tupperware set.

Phishing remains a persistent problem within the crypto community.

On Jan. 20, hardware wallet producer Trezor flagged a security breach compromising the data of 66,000 users.

Following the incident, at least 41 users reported receiving phishing emails soliciting sensitive information to access their crypto wallets.

Concurrently, a widespread phishing campaign inundated the email inboxes of numerous crypto investors.

On Jan. 23, the crypto community identified a phishing assault by fraudsters masquerading as representatives from major Web3 companies.

These hackers initiated an email campaign promoting bogus token airdrops, purportedly from entities like Cointelegraph, WalletConnect, and Token Terminal.

Subsequently, it was confirmed that the phishing attack stemmed from a breach at the email marketing firm MailerLite.

On Jan. 24, the company disclosed that hackers exploited a social engineering attack to seize control over Web3 accounts.

A MailerLite team member, responding to a customer inquiry, inadvertently clicked on a link redirecting to a fraudulent Google sign-in page.

Unaware, the employee signed in, granting the attackers access to MailerLite’s admin panel. According to blockchain analytics firm Nansen, the main wallet of the attackers amassed at least $3.3 million in total inflows since the attack.

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Deus X Capital and Bridgetower Capital to Launch $250 Million Crypto Infrastructure Platform

Crypto News Today

Private equity firms Deus X Capital and Bridgetower Capital are preparing to unveil a fresh $250 million crypto infrastructure platform, introducing crypto staking, investment, and other digital asset services tailored for institutional investors in the Middle East.

Dubbed Bridgetower Middle East, the new venture will be headquartered in the Abu Dhabi Global Market, a designated free economic zone within the capital of the United Arab Emirates (UAE).

It will be overseen by the CEOs of Deus X and Bridgetower, Tim Grant and Cory Pugh, respectively, as outlined in a joint statement released on February 8.

Grant elaborated on the initiative’s objectives in an interview with Cointelegraph, highlighting its mission to establish a robust infrastructure capable of meeting the region’s demand for turnkey staking and artificial intelligence (AI) graphical processing units (GPUs) computing. He stated:

“[Bridgetower ME] will serve as a launchpad to support a wide range of institutional clients who are looking to leverage new technologies in a scalable, compliant, and cost-effective manner.”

The new entity will deploy nodes locally for institutional staking and offer advanced data center capabilities, including AI GPUs, Web3 commerce, and private equity incubation services.

Pugh emphasised in the statement the intention to inject additional “substantial assets” into the newly formed entity, augmenting the self-funded $250 million worth of assets under management.

“We believe [regional regulators] have created a strong roadmap for companies willing to operate their businesses in the highest ethical and legal manner, which in turn has instilled confidence in others looking to operate in the region,” noted Pugh in conversation with Cointelegraph.

Both parties affirmed their commitment to investing in the UAE’s digital asset ecosystem and exploring potential public listing options on the Abu Dhabi Stock Exchange (ADX).

Deus X, a specialist investment and operating firm established in October 2023 with initial assets of $1 billion, recently spearheaded a $5.5 million funding round for Web3 gaming firm Saltwater Games.

Meanwhile, Bridgetower, a digital asset infrastructure provider and private investment equity firm, collaborated with the Solana Foundation in 2021 to establish a $20 million fund aimed at developing the blockchain network across the European Union, the United Kingdom, and Switzerland.

The UAE, encompassing Abu Dhabi and Dubai, has positioned itself as a global digital asset hub, attracting investments and international players to establish a local presence.

Noteworthy developments include Paxos, a United States-based crypto firm, securing in-principle approval in Abu Dhabi on November 29, 2023, to issue stablecoins and offer digital asset services.

Concurrently, on the same day, Iota, an open-source blockchain developer, announced the launch of a $100 million-backed distributed ledger technology foundation in the UAE capital.

Moreover, on October 30, 2023, Saudi Arabia’s NEOM mega-city project joined forces with Web3 games developer and investment firm Animoca Brands to develop Web3 enterprise service capabilities.

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NBA Faces Class-Action Lawsuit Over Crypto Deal with Voyager

Crypto News Today

The National Basketball Association (NBA) finds itself embroiled in a potential class-action lawsuit concerning its marketing agreements with now-defunct cryptocurrency lender Voyager Digital. Users of the platform allege losses exceeding £4.2 billion.

According to a lawsuit filed on February 6th in a Miami district court, the NBA’s approval of Voyager’s promotional deal with the Dallas Mavericks was deemed “grossly negligent.”

The extensive 100-page filing asserts that the NBA was meant to act as a “gatekeeper” in such matters.

“The sole aim of this lawsuit is to hold the NBA accountable,” asserts the class group. They argue that the NBA’s widespread promotion of Voyager’s unregistered securities makes it liable for any ensuing damages.

Furthermore, plaintiffs claim that the NBA willingly embraced the risks associated with collaborating with cryptocurrency exchanges like Voyager, Coinbase, and FTX.

This decision allegedly stemmed from financial pressures caused by COVID-19, including reduced arena attendance and television revenue losses.

The lawsuit also implicates Voyager’s law firm, McCarter & English, alleging that it provided a misleading “Legal Opinion” to assuage concerns about the legality of Voyager’s tokens.

This legal action follows a prior lawsuit against former Dallas Mavericks owner Mark Cuban, accused of promoting Voyager and misrepresenting its safety.

The expanded litigation now targets the NBA and McCarter & English due to revelations uncovered during the discovery process of the earlier lawsuit.

Voyager ceased withdrawals in July 2022 and declared bankruptcy the same month due to its involvement with the now-defunct crypto hedge fund Three Arrows Capital (3AC).

Numerous lawsuits have emerged against celebrities, athletes, and sporting entities involved with cryptocurrency firms since the collapse of FTX in late 2022.

Entities such as the Mercedes F1 Team, Major League Baseball, and prominent figures like Tom Brady and Steph Curry face legal action for their partnerships with FTX.

At the time of reporting, neither the NBA nor McCarter & English had responded to requests for comment.

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Ramp Network Rolls Out Innovative Document-Free Verification For Crypto Purchases

DeFi

Ramp Network, a leading financial technology firm specializing in connecting cryptocurrencies with the global financial system, proudly unveils its groundbreaking document-free verification system. This innovative feature is now accessible to users in Brazil, marking a significant milestone in Ramp’s mission to facilitate seamless crypto transactions worldwide.

Traditionally, purchasing cryptocurrencies often involves a cumbersome process of submitting identity documents, resulting in delays and a subpar user experience. However, Ramp revolutionizes this process by enabling eligible users in Brazil to verify their identities within seconds using only their verified national tax or ID number. This streamlined approach ensures near-instant onboarding and smooth transactions, enhancing both efficiency and security.

In Brazil, users can initiate the verification process by inputting their CPF (taxpayer registry) number and providing a selfie, which is swiftly cross-referenced with the government’s database for authentication. This seamless procedure takes mere seconds, setting a new standard for simplicity and compliance in crypto transactions.

This update aligns with Ramp’s commitment to facilitating the onboarding of millions of new users into Web3 through user-friendly on- and off-ramps. As a leading provider of fintech infrastructure in the crypto industry, Ramp supports the seamless purchase of digital assets using fiat currencies and integrates with third-party applications via a simple API.

Szymon Sypniewicz, CEO and co-founder of Ramp, emphasizes the company’s dedication to ensuring both security and efficiency in Web3 onboarding. He states, “At Ramp, we want Web3 onboarding to be not only secure but also smooth and rapid. That’s why we’ve implemented this innovative feature, reducing the verification process from minutes to seconds, and eliminating the need for cumbersome physical documents for such transactions.”

Looking ahead, Ramp plans to expand its document-free verification system to additional markets, building upon its successful launch in Brazil. This strategic move aligns seamlessly with Ramp’s support for Pix, Brazil’s leading payments gateway, popular cards, and the Brazilian real (BRL). Recognizing Brazil as a key growth market, Ramp established a local entity last year, positioning itself for further expansion and the introduction of its unprecedented convenience to other countries.

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US Cryptocurrency Mining Leaders Raise Concerns Over Emergency Energy Survey

Crypto News Today

Key figures representing United States-based cryptocurrency mining have expressed concerns about an emergency survey aimed at gathering information on energy consumption and sources by operators.

Cointelegraph contacted leading mining firms operating in the country following the announcement by the U.S. Energy Information Administration (EIA) regarding a provisional, mandatory survey to gauge the electricity usage of local mining firms.

In January 2024, the Department of Energy’s statistics agency received approval for its “emergency request” to collect data.

The administration aims to develop a “baseline snapshot,” identifying electricity sources for U.S. cryptocurrency miners and pinpointing regions with concentrated mining activity.

Various mining firms and organisations representing the broader blockchain industry have raised concerns over the legality of the approach and questioned why government-run institutions are targeting the cryptocurrency mining industry.

Respondents expressed concerns about the lack of clarity regarding the reason for the emergency survey and suspicions of political motivations.

Lee Bratcher, president of the Texas Blockchain Council (TBC), criticised the “unprecedented information collection request” and highlighted the potential impact on industries relying on data centres:

“The EIA’s mandatory emergency survey of electricity consumption data represents the latest politically motivated campaign against Bitcoin mining, cryptocurrency, and U.S.-led innovation.”

Bratcher suggested that the survey is an abuse of authority aimed at furthering the Biden administration’s goal to limit or eliminate U.S.

Bitcoin miners, while ignoring the industry’s use of renewable energy and operational flexibility.

Riot Blockchain echoed Bratcher’s sentiments, stating that the EIA’s request is unlawful and appears to serve a political agenda.

Brian Morgenstern, Riot’s head of public policy, labelled the survey as a politically motivated attack on Bitcoin driven by U.S. Senator Elizabeth Warren.

Commentators have questioned why the EIA has not imposed similar mandatory data collection measures on other energy-intensive industries in the U.S.

Taras Kulyk, CEO of SunnySide Digital, expressed concerns about the lack of context regarding the collection’s intent and why the digital mining sector is being singled out.

Colin Harper, head of research and content at Bitcoin mining software company Luxor, described the EIA’s move as concerning, noting the agency’s limited previous engagement with data center power use.

Cointelegraph also contacted U.S. mining firms Hut8, Core Scientific, Marathon Digital, and Foundry for their perspectives on the EIA’s energy data information survey. Iris Energy declined to comment.

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Bitcoin Dogs Set To Make History With First Ever ICO on Bitcoin Blockchain

Press Releases

London, United Kingdom, February 9th, 2024, Chainwire

Bitcoin Dogs is set to be part of cryptocurrency history with the first ever ICO on the Bitcoin blockchain, launching on February 14th, 2024.

The presale for its native token, $0DOG, will last only 30 days, with an end date of the 15th March 2024, when it will become available for trading.

Accompanying the $0DOG coin will be an immersive metaverse GameFi experience and NFT collection, both available exclusively to token holders.

The sale will start with stage 1, priced at $0.015 per token, after which, the price will then automatically increase every 72 hours. The final stage of the presale will see each $0DOG token being sold at $0.0404, a 169.33% price difference to early-stage buyers.

The project is set to challenge Bitcoin Cats, which also launched on the Bitcoin Blockchain under 7-weeks ago, and is currently sitting at $24m in market cap, with over $7m daily trading volume.

Using the paradigm-shifting Ordinals protocol, players will store their NFTs on the Bitcoin BRC-20 blockchain, offering a new level of security and reliability when stacked up against competitors Solana and Ethereum.

Press the paws button: Inside the Bitcoin Dogs game

Bitcoin Dogs allows users to raise, trade, and race their pets in a play-to-earn (P2E) environment, drawing heavily on experiences like Tamagotchi or Axie Infinity.

The game invites players to look after their dogs in order to level them up. In-game token BARK powers this process; these can be earned by sharing activity on social media – a mechanism designed to bring new players into the fold.

As dogs reach maturity, they begin to earn $0DOG – the BRC-20 presale token and one that players can ultimately hold, sell, or bet with. Dog owners can battle it out in races to compete for each other’s $0DOG stash, creating a financial incentive for players to climb the leaderboards.

$0DOG tokens can also be staked to maximize rewards: presale stakers will unlock a 75% APR when they lock up their tokens.

Retro gaming graphics bring the Bitcoin Dogs world to life, with dogs stored on the blockchain as 10,000 individual NFTs with varying rarity levels. This ecosystem is given an extra layer of interactivity with NFT owners having the option to buy, sell, and even breed their dogs, creating a vibrant marketplace for dog lovers to interact with one another.

Since these NFTs are minted on the Bitcoin blockchain using the cutting-edge Ordinals protocol, there’s something for multiple cohorts of investors. Bitcoin maximalists get to enjoy NFTs without leaving the BTC ecosystem, and seasoned collectors can become early investors in the NFT market’s newest niche.

The Road Ahead for Bitcoin Dogs

The Bitcoin Dogs ICO is the simplest way to purchase $0DOG tokens. 90% of the 900,000,000 total supply will be available during the presale, with any unsold tokens (stray dogs) being “burned’ to create deflationary pressure.

After the presale, $0DOG will be available in the secondary market for trading Then, in Q2, comes the Bitcoin Dogs NFT collection, as well as the beta version of the Bitcoin Dogs game.

The game will continue to develop, with the addition of new P2E partnerships, and will officially launch to the public in Q3. Competitions and events will bolster the project’s marketing efforts, and the cross-chain bridge will go live too, bringing Bitcoin Dogs to its biggest audience yet.

The timing for $0DOG couldn’t be better

Now is the opportune moment for Bitcoin Dogs to strike since many experts are predicting the NFT craze will return. This is compounded by a range of bull market indicators. Additionally, given the success of first-generation projects like Bitcoin Cats last year, the team hopes that Bitcoin Dogs will excel and have a vibrant community.

Bitcoin itself is enjoying a bright start to 2024 that looks set to continue: Bitcoin ETFs were approved in January, and the next halving in April is coming up. Bitcoin Dogs is looking to ride this wave as the roadmap unravels throughout the year.

As the first ICO on the Bitcoin blockchain, making the ground-breaking union of NFTs, BRC-20 tokens, and cross-chain interoperability, the project and its $0DOG token are a rare leap forward in the crypto space.

About Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together, to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the $0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection is being developed exclusively for $0DOG holders.

$0DOG tokens will be available to purchase on the BitcoinDogs.club website on February 14th, 2024, at 11:00AM GMT.

Website | Whitepaper | Socials

Bitcoin Dogs is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in cryptocurrencies can be volatile and dangerous.

Contact

Bitcoin Dogs
marketing@bitcoindogs.club

US Judge Approves Sealed Settlement Between BlockFi and 3AC in Crypto Dispute

Crypto News Today/DeFi

A United States judge has approved a settlement resolving disputes between crypto lender BlockFi and defunct crypto hedge fund Three Arrows Capital (3AC), with the details ordered to remain sealed.

New Jersey Bankruptcy Court Judge Michael Kaplan greenlit the agreement during a Feb. 6 hearing, aiming to halt further legal battles.

BlockFi asserted that 3AC owed it $129 million, whereas the hedge fund contended BlockFi owed it $280 million.

Judge Kaplan opted to keep the settlement agreement sealed, countering objections from the U.S. Trustee who argued for disclosure, citing the debtors’ failure to justify sealing.

BlockFi’s motion to seal specific information emphasized the sensitivity of the terms and their potential impact on litigation involving bankrupt crypto exchange FTX.

The court upheld the motion, emphasizing the need to safeguard settlement strategies and honor comity with 3AC’s foreign bankruptcy proceedings.

Approval of the settlement enables BlockFi to proceed with distributions from the lending estate to creditors, a critical step sought for rapid approval.

Kaplan had previously greenlit BlockFi’s amended Chapter 11 and customer repayment plan in September 2023, following the firm’s clearance for liquidation.

Estimates indicated BlockFi’s debts amounted to $10 billion among over 100,000 creditors, with its three largest creditors owed $1 billion and 3AC owed $220 million.

Three Arrows Capital’s collapse in June 2022 led to BlockFi’s bankruptcy filing in late November 2022, following the downfall of FTX.

Additionally, in February, OPNX, a crypto bankruptcy claims platform launched by 3AC co-founders Su Zhu and Kyle Davies, announced its official closure, ceasing operations by Feb. 14.

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Crypto News Today: Spot Bitcoin ETFs Surpass $1 Billion in Daily Trading Volume

Bitcoin

On February 7, the total daily trading volume for spot Bitcoin exchange-traded funds (ETFs) surpassed a billion dollars, with BlackRock taking the lead.

Bloomberg Intelligence analyst James Seyffart noted a significant surge in trading activity for BlackRock’s iShares Bitcoin Trust (IBIT), which amassed a daily trading volume of $341.2 million, outstripping the Grayscale Bitcoin Trust’s $296.5 million, according to Seyffart’s analysis.

Fidelity’s FBTC fund secured the third position with a trading volume of $200 million, while the remaining seven funds collectively contributed $188 million, culminating in a daily trading volume exceeding a billion dollars.

Despite this milestone, Seyffart downplayed its significance, stating that surpassing the billion-dollar mark “isn’t that big of a deal” for Bitcoin ETFs.

He clarified that while it represented an increase from recent days, it still fell short of the initial trading weeks.

In a notable trend, inflows into spot Bitcoin ETFs have consistently outpaced outflows from GBTC for the ninth consecutive day.

On February 7, preliminary data from Farside revealed $81 million in outflows from GBTC, contrasted with $226 million in inflows across the other nine spot Bitcoin ETFs, resulting in net flows of $145 million.

BlackRock witnessed an inflow of $56 million, Fidelity’s fund saw an increase of $130 million, and Bitwise experienced inflows of $21 million.

On February 8, investor and author Fred Krueger highlighted a significant observation: the combined BTC holdings of the newly launched nine ETFs were poised to exceed those of MicroStrategy, the largest corporate holder of the asset.

The ETF funds collectively held approximately 187,000 BTC as of February 7, slightly below MicroStrategy’s holdings of 190,000 coins valued at over $8 billion.

In a related development, it was reported that Fidelity had begun allocating spot Bitcoin to their All-in-One Conservative ETF. ETF analyst Eric Balchunas regarded this move as a positive sign, particularly in the conservative investment domain.

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ICB Network Update Marks a Milestone in Blockchain History

Crypto News Today

As the blockchain environment changes, new, innovative platforms always arise. The Ideal Cooperation Blockchain (ICB) Network has emerged into the spotlight with SertiK support due to its dedication to trustworthiness and transaction integrity. As a low-cost utility network, the ICB Network uses the Proof of Stake (PoS) consensus method to change how validation works and how blocks are made. This huge change will make things safer and give users a unique and smooth experience, setting a new standard for blockchain networks.

Within the ecosystem of the network, stakeholders are very important. They actively validate transactions and create blocks by “staking” tokens, protecting the network’s integrity by ensuring that people who have a stake in it are participating in running it. Further, adding biometric and Know-your-customer (KYC) information to Proof of Stake (PoS) technology strengthens security. This lowers the risk of attacks and builds trust between master nodes and users. Notably, this coming together of cutting-edge technologies makes blockchain networks more efficient and safe and shows how the crypto community works together to move the industry forward as a whole.

Most importantly, ICB Network has formed strategic relationships with top players like Binance Smart Chain, Ethereum, Polygon, and Avalanche. This is a big step towards making the blockchain ecosystem more robust and connected. Using the Ethereum Virtual Machine (EVM) standard, these partnerships allow different blockchain networks to work together without problems.

The Impact of EVM Standards and ICB Network on Blockchain Infrastructure

The adoption of EVM standards catalyzes developers, enabling them to conceive and deploy applications on the ICB blockchain infrastructure rapidly. Using Ethereum’s powerful development tools and EVM-compatible networks, this way not only makes the best use of resources but also lowers transaction costs and speeds up the network.

Utilizing these strengths aids the ecosystem’s growth, encouraging new ideas and creating more chances for developers and users. Also, ICB Network liquidity pools, which include important cryptocurrencies like ICB Coin and stablecoins, make the ecosystem even better by giving users more options, rewarding those who stake, and making it easier to exchange cryptocurrencies.

Moving further, the ICB Network connects different networks and makes it easier for people to trade. This network’s unique method effectively bridges networks for diverse exchange, allowing transactions to go smoothly between ecosystems. Users can get to more assets and markets by connecting these networks, which makes it easier for them to take advantage of chances more quickly and effectively.

The seamless experience of navigating between various networks is simplified by improving liquidity and broadening access across the cryptocurrency landscape. The ICB Network’s facilitation of effortless transitions between networks is pivotal in breaking down barriers and cultivating a more interconnected and efficient ecosystem. With this flexibility, traders can refine their strategies and capitalize on emerging opportunities.

Rise to Prominence

In its second-quarter milestone, the ICB Network emerges as a significant force in decentralized exchange (DEX) transactions, reshaping the narrative by enhancing trade security and reducing susceptibility to market manipulation.

The network’s innovative approach integrates staking methods and native derivatives, revolutionizing NFT trading for greater openness and efficiency. Notably, this alignment with the NFT Talent promotes transparent NFT transactions. Furthermore, the ICB Network catalyzes significant advancements in blockchain gaming through its support for GameFi, providing players with immersive entertainment experiences and lucrative earning opportunities.

The ICB Network is also leading the Native Metaverse effort with strategic partnerships with universities to work on cutting-edge projects exploring ways to earn cryptocurrency in the metaverse. Remarkably, the Metaverse is expected to reach a huge $400 billion valuation for virtual reality (VR) by 2025, and its reach goes beyond standard gaming areas, including social networks and virtual economies.

The ICB Network is positioning itself as a frontrunner in globalizing blockchain using advanced technologies and strategic partnerships. Undoubtedly, the platform’s expansion heralds a transformative era in blockchain technology, unlocking fresh opportunities and fostering widespread adoption across the globe.