November 2021

What Happened in Ether

What Happened This Month

Key Events This Month

November 16, 2021 | Bank of Canada

StarkWare is one of a few blockchain startups that have built functioning Ethereum scaling

products using zero-knowledge rollups, which aims to solve network congestion, increase

speed, and reduce transaction fees on Ethereum.

November 22, 2021 | CoinDesk

The total value locked (TVL) on Ethereum layer-two networks has surged to a new peak as gas
fees continue to steadily rise driving further adoption.

November 22, 2021 | CoinDesk

By 2030, luxury brands could expand their total addressable market by more than 10% and
industry earnings before interest and taxes (EBIT) by about 25%.

November 28, 2021 | The Block

As of November 28, the volume was approximately $99.5 billion USD. Monthly volumes have
risen since hitting a low for the year of $56.35 billion USD in July, with the November figure
surpassing October’s $89.15 billion.

November 30, 2021 | Bloomberg

The ETH/BTC ratio has reached its highest point in over 2-years as ether sees greater

association with ancillary growth sectors in crypto, including decentralized finance (DeFi) and

non-fungible tokens (NFTs).

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Fred Pye

Frederick T. Pye


Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.