EU
Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals
With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.
Amun AG Obtained Approval from Swedish Regulator for ETP Offerings in EU
Swiss crypto firm, Amun AG granted permission to market its exchange-traded products to several retails' clients within the EU. Cointelegraph has reported that this will help in expanding Switzerland's crypto offerings both globally and domestically.
Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund
The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.
Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal
Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.
Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.
The Merge Begins, ETH’s Weekly Social Engagements Increase by 53%
The much-anticipated Ethereum merge is set to see the light of day begins, ETH’s weekly social engagements increased by 53%.
Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked
With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.
Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare
Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.
Ethereum Releases Validator Launchpad for ETH 2.0 Testnet
Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Opinion: Why the Ethereum Merge will be a game-changer for DeFi?
Ethereum’s upgrade from proof-of-work to proof-of-stake is about long-term value creation, not short-term price movement, argues Coins.ph CEO Wei Zhou.
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.
B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.
US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics
Rep. Mike Collins discloses purchasing up to $65,000 in Ethereum in early 2024, amid market surges and political events. His actions, while legal under the STOCK Act, raise questions about ethical implications and the need for stricter regulations in lawmakers' digital asset investments.
Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies
Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.
Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.
Google Cloud and Polygon Labs partner for Ethereum scaling
Google Cloud will provide framework and developer tools to aid Polygon Labs’ Ethereum scaling protocol. The partnership aims to streamline developer integration for decentralized applications on Polygon.
Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Shark Tank investor Mark Cuban says that the current crypto market is similar to the internet stock bubble of 1990 but that BTC and ETH will thrive regardless.
Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August
XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.
Arbitrum One Achieves a Historic $10 Billion TVL Milestone
Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.
Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards
Huobi, a cryptocurrency exchange, launched a crypto-to-fiat debit card cooperation with Solaris, a European financial services company. Huobi users may utilize their digital assets internationally at the point of sale through Visa's program. In the second quarter of 2023, European Economic Area (EEA) users will get the card.
Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills
Crackdown on money laundering and fraud in the Chinese crypto space has seen cryptocurrency miners pay the price, as cards linked to crypto have been frozen.
Germany’s Deutsche Telekom Rolls Out Ethereum Validator Node, Staking Support
Deutsche Telekom is the latest institution to offer Ethereum staking services to its customers.
Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens
Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.
Ripple XRP’s Skyrocketing Price Performance Is Attributed to One Key Factor, Says Blockchain Analytics
XRP is all the rage lately, making headlines due to its relentless surge. Now, its price has pulled back slightly, but Ripple has made its mark. Here's why.
Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning
Terence.eth, a well-known Ethereum Community Developer, shared significant updates following the recent Ethereum Improvement Proposal (EIP) 4844 implementor call.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Ethereum’s Price Surges to 31-Month High as ETH Whales Continue to Accumulate, Is $800 Next?
Ethereum has recently been trading steadily above $700, and even surged above $750, hitting a 31-month high.
Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge
Since the Merge is the first step toward solving the scalability trilemma, Ethereum will have to undergo four more steps to solve this issue.
Is Blockchain’s Immutability the Holy Grail for Logistics?
The logistics industry can leverage on blockchain’s immutability in propelling order tracking, administrative efficiency, and dispute resolution.
Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms
Ethereum on-chain metrics are on the decline as China's clampdown looms.
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
J.P. Morgan’s Blockchain Quorum Acquired by ConsenSys, Taking Enterprise Ethereum to the Next Level
ConsenSys’ existing protocol engineering roadmap will be merged with Quorum, where the blockchain firm will be able to leverage both codebases.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition
Cathie Wood, the CEO of Ark Invest who made a bullish prediction on Tesla when Wall Street was skeptic, has made yet another one – and it’s on Bitcoin.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Ethereum's Vitalik Buterin Mocks Ripple and XRP, but is ETH 2.0 next on SEC's List?
Ethereum Founder Vitalik Buterin mocks Ripple's XRP as fights the SEC, but with the recent ETH 2.0 upgrade to POS it may not be long before the SEC reclassify ETH as security.
Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens
More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights.
Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin
ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.
One Whale Trades Majority of Ethereum for Bitcoin
A crypto whale traded 5,500 Ethereum for 344.1 Wrapped Bitcoin (WBTC), valued at $8.85 million, diversifying its portfolio. The whale purchased these 6,541 Ethereum on September 9, 2023, at an average price of $1,630, totaling 10.66 million USDC. The transaction demonstrates strategic planning and market understanding.
The Number of Ethereum Transfers Hit a Monthly Low
The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
Kraken Amplifies European Footprint with BCM Acquisition
US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.
ENS Has Generated Approximately $20M in Revenue Since Launch
The diversification of the Ethereum network has created many use cases like the Ethereum Name Service (ENS).
Ethereum’s Perpetual Swaps Open Interest Tops $8B for the First Time Since May
Ethereum’s open interest continues to be correlated with its price, as acknowledged by data analytic firm IntoTheBlock.
Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.
What is Ethereum Founder Vitalik Buterin’s Net Worth?
Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.
Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum
OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.
DeFi Hack Linked to North Korea
The $197 million DeFi hack on Euler Finance has been linked to North Korea after blockchain investigator Chainalysis identified that 100 ETH from the stolen funds was transferred to an address associated with North Korea-linked actors. While Chainalysis suspected the involvement of North Korea, it highlighted the possibility of misdirection by other hackers. Euler Labs CEO expressed disappointment in the hack, revealing that ten separate audits over two years assured its security.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
Crypto Whales Taking Wait-and-See Approach
Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
Binance Resumes EUR & GBP Payments after Months of Regulatory Crackdown
Binance exchange has announced it will be resuming deposits and withdrawal services for Euro (EUR) and the British Pounds (GBP), months after it suspended the services for its users.
6 Reasons Why Ethereum Price is Surging
Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.
Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users
The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.
Binance Delists ALPINE/EUR, GMT/BNB, LAZIO/EUR, POLS/BNB, PORTO/EUR Pairs
Binance to discontinue five spot trading pairs, including ALPINE/EUR, as part of its market quality management.
Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin
Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.
USDC Issuer Circle to Launch Euro-Backed Stablecoin
The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.
Altcoins Plunge as Bitcoin Sees Massive Retracement, Analyst says Altseason Could Outperform BTC
The world’s largest cryptocurrency has seen a steep plunge of 13.2% in the past 24 hours, but has managed to hold above the $33,000 level.
Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices
Ethereum has surged past $1000, following Bitcoin’s footsteps to wrap up 2020 nicely.
EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms
The European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.
Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021
Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.
EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall
The EIB says Blockchain technology and AI has a shortfall in funding to the tune of $12 billion.
Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%
The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.
Circle Launches Cross-Chain Transfer Protocol for USDC
Circle has released a mainnet protocol allowing users to transfer USDC between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges and aims to reduce fragmentation in the Web3 ecosystem.
Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B
The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by Data analytic firm IntoTheBlock.
Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B
Since the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol.
Ethereum Settled Transactions Worth $1.5 Trillion in Q1 of 2021
The Ethereum network settled more transactions in the first quarter of 2021 than it did in 2020.
BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong
BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.
Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High
Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.
Ethereum Classic Receives $10m Capital Boost from AntPool
Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.
Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.
Ethereum Whales Continue Ramping up, Despite Price Slip Below $4,000
Active whales in Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins.
DBS Bank To Launch Its Crypto Exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH)
Singaporean multinational banking and financial services firm DBS Bank Ltd. has confirmed that it will be launching its digital asset exchange next week.
Will The Crypto Market Cap Dip Below The $1 Trillion Mark Again?
The crypto market is seeing yet another crash with BTC, ETH, BNB leading the crash. The crypto market cap is crumbling from this dump-offs.
Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.
Coinbase warns of losing crypto industry leadership
The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.
Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst
Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021.
Uniswap: Everything You Need to Know
Learn about: What Uniswap is, what the core concepts of UniSwap are. In this guide, we explain what's new in Uniswap V2, and the process of swapping tokens.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director
Michael Sonnenshein, the managing director at Grayscale Investment LLC, has disclosed that Ethereum is one of the cryptocurrencies that people are looking at for investment.
EU Partially Agrees to Establishes Anti-Money Laundering Authority
The European Union through the Council of the EU has agreed on partial terms to establish an Anti-Money Laundering (AML) body that will be named the Anti-Money Laundering Authority (AMLA)
Euler Finance hacker returns $5.4M
The hacker who drained $197 million from Euler Finance in the biggest DeFi hack of 2023 so far reportedly returned around $5.4 million in Ether to the company. The funds were sent in three transactions from the hacker's address to Euler Finance's deployer address, but it remains to be seen if the hacker will return the rest of the stolen funds.
Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation
Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum at a $200 million valuation.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral
Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.
On-Chain Metrics Show Positive Correlation in Realized Cap of Bitcoin and Ethereum Prices, What it Means?
Bitcoin and Ethereum have attained a new all-time high in their realized market cap. If these trends continue, both assets may continue to pump in price.
Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine
Polygon's zkEVM Ethereum scaling solution will deploy on mainnet beta March 27.
Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust
Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON
Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies.
Reddit Ethereum-Based Rewards Rolled Out on r/Cryptocurrency and r/FortniteBR Subreddits
Reddit, the popular content aggregating website has created the community points to incentivize users to create high-quality posts and comments.
Why Ethereum Whales Selling Their Holdings?
Data shows Ethereum whales' address holdings have reduced by more than 3 million ETHs over the last five weeks, indicating that whales have maintained redistribution of their holdings on the market since the Merge.
Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.
Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.
Ethereum Suffers from Chain Splits Due to Technical Issue, over 54% Network Affected
Ethereum largest client has suffered a chain split in which some miners are cut off from the main network
Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley
The advent of the Digital Euro may spark a reduction in cash deposits by 8%, estimated by Morgan Stanley.
Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy
Brock Pierce has announced that he will be joining the presidential race in the 2020 US elections.
Arbitrum DAO Approves Additional Funding for STIP Proposals
Arbitrum Decentralized Autonomous Organization approves $23.4 million budget increase for STIP, supporting emerging builders and creating welcoming environment for new projects, raising total budget to 71.4 million ARB tokens.
Exclusive: Why is Everipedia Built on EOS, not on Ethereum?
Wikipedia Co-Founder Larry Sanger is happy to embrace the changes in the online encyclopedia with blockchain. Joined in Everipedia as Chief Information Officer (CIO) Dec 2017, Larry shares to our readers why Everipedia is built on EOS instead of Ethereum! He also mentioned 4 advantages of blockchain on the encyclopedia, yet efficiencies are not the main advantage!
Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015
Mike Novogratz, Galaxy Digital founder, and CEO has disclosed that he bought 500,000 Ethereum from its co-founder Vitalik Buterin for only $0.99 per Ether.
Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
The dominance of Ethereum in the DeFi ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion.
Ethereum Whale Transactions Ballooned to Levels Since January 2018
On-chain metrics provider Santiment acknowledged that ETH whale transactions went through the roof in the past week.
Social Discussion on Ethereum Hit a 2-Month High, Active Addresses Scale the Heights
Ethereum’s social volume and dominance reached levels last seen in February based on significant discussions about the second-largest cryptocurrency.
Ethereum Co-founder Vitalik Buterin Engages in Spirited Debate on Wallet Security
In a recent Ask Me Anything (AMA) session on Twitter, Ethereum co-founder Vitalik Buterin fielded various questions from the cryptocurrency community. The session largely revolved around the pros and cons of MPC-based (EOA) wallets versus Smart Contract wallets, providing intriguing insight into Buterin's perspective.
Crypto Market Cap Smashes $1 Trillion with JPMorgan Projecting $2.5 Trillion to Come
The Crypto industry's market capitalization has surpassed the $1trillion market cap. JPMorgan has projected there could be room for an additional $2.5 trillion in 2021.
Ethereum Core Developers Set Electra Upgrade, Plan Dencun Activation
Ethereum All Core Developers Consensus Call #128 outlines Electra upgrade, Dencun activation, reward adjustments, and light client support enhancements for March 13, 2024, promoting network economics and continuous improvement.
Peter Brandt Says Will Not Use 'Enemy's Cash' to Buy ETH, Here's Why
Considering this bearish crypto market outlook, Peter Brandt, one of the most vocal analysts in the digital currency ecosystem is not bullish on Ethereum in the near future.
Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance
Citi's Issuer Services acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance via Euroclear's D-FMI distributed ledger technology platform, marking a significant step in digital bond issuance and showcasing a scalable model for blockchain integration within existing capital market structures.
Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange
Norwegian Block Exchange (NBX) announced on December 3 that it applied for listing shares on the pan-European stock exchange, Euronext N.V.
Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.
Ethereum Classic (ETC) Price Analysis - April 7, 2021
Ethereum Classic (ETC) has experienced a substantial price increase of 55.52% in the past week. Currently, ETC is suffering from strong selling Pressure.
Ethereum is Inferior to Bitcoin as Money, What Makes ETH Valuable?
ETH is needed for staking and for securing transactions. However, Selkis believes that ETHE has been triggering a “mirage” of institutional demand of ETH.
Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.
Ethereum is Set to Become Deflationary after the London Hardfork Went Live
Ethereum is expected to become deflationary, given that its value is anticipated to continue increasing with time on the foundation of slashed supply prompted by the London Hardfork or EIP 1559 upgrade.
EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion
EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.
Ethereum's Vitalik Takes a Jab at Michael Saylor, Calls Him a "Total Clown"
The question of the security status of Bitcoin and Ethereum seems to be pitching many notable figures in the digital currency ecosystem against one another.
Celebrity Kim Kardashian West Posts a Crypto Related Paid Story on Instagram
Celebrity Kim Kardashian West posted an Ethereum Max project on her Instagram story with 228 million followers, who might earn between $300,000 and $500,000 by a single posting on her Instagram account.
Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.
Grayscale Launches New Entity to Manage Growing Funds
Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
Grayscale Files for Three New Crypto ETFs
Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.
Ethereum Price Could Double In Next Two Weeks says Analyst as ETH Whales Accumulate
As Ethereum whales accumulate some analysts expecting the ETH price to double in the next two weeks.
Bernar Venet Explores Generative Art with Sotheby's Metaverse Debut
French artist Bernar Venet collaborates with Sotheby's Metaverse on "EVENT," his first generative artwork on Ethereum blockchain, challenging traditional artistic creation with 500 unique pieces.
Top 10 Cryptocurrency Price Watchlist: Why Are Cryptos Bearish Today?
The top 10 cryptocurrencies are seeing a bearish correction in price as led by Bitcoin, and Ethereum
Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.
Ethereum Breaches $2,500 and Achieves Its Highest Daily Close
Market analyst Lark Davis has acknowledged that Ethereum has attained the highest daily close ever, topping $2,500, which is bullish.
Ether Soars to All-time-high Above $4.4K, Gains Reach up to 3.5%
Ether soared to a record to all-time-high above $4,400, gaining as much as 3.5% to $4,403.93, topping the previous record of $4,379.62 reached in May.
EU's ESMA Wants Public Input on Proposed DLT Regulation
The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.
wBTC Supply Hits 9-Month Low After Major Burn
The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price. It is managed by the decentralized autonomous organization wBTC DAO.
Reddit to Discontinue Blockchain-Based Community Points Program
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandwidth limitations on Ethereum led to a transition to Arbitrum Nova in 2022. However, scaling challenges persisted, prompting the phase-out by early November 2021. The termination caused a significant drop in associated token values. Reddit now focuses on other community incentive programs like the Moderator Rewards Program and the Contributor Program.
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.
Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream
Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.
Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?
Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon.
Ethereum Continues to Grow in Use and Price in 2020, But Why?
If Ethereum can continue to dominate gaming spaces and build on its marketplace, fighting off other platforms in the market, then 2020 could be a significant year for the cryptocurrency. Learn more about why below.
61,216.6 ETH from Ethereum ICO Address Moved to Kraken
An Ethereum (ETH) address associated with the initial coin offering (ICO) in 2015 has transferred a staggering 61,216.6 ETH, equivalent to $116 million, to the Kraken exchange. This transaction marks the first movement of these funds since their acquisition eight years ago.
Metis Launches Decentralized Liquid Staking in Layer 2 Revolution
Metis is launching the Liquid Staking Blitz, a decentralized sequencer initiative, to boost the growth of Liquid Staking Derivatives within its ecosystem, enhancing network security and governance.
Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns
Bitcoin fell to a three-month low as cryptocurrencies took a dip ahead of global monetary tightening concerns and amid regulatory concerns.
Binance Completes Travala.com AVA Token Swap to Ethereum ERC20
Binance has swapped and rebranded Travala.com's native token, AVA, to the Ethereum ERC20 network, allowing users to deposit and withdraw AVA tokens, now referred to as AVAOLD, potentially increasing AVA's utility and adoption rates.
Ethereum is an Ideal ICO Platform, Asserts Roger Ver
Roger Ver, a proponent of Bitcoin Cash, noted that ICOs (Initial Coin Offerings) were experiencing a dormant trend. However, he acknowledged that Ethereum could come in handy in eradicating this challenge because it offers a fantastic ICO platform.
FTX Crypto Exchange Announces Major Expansion into European Market
The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.
Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%
Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June.
Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail
The lawyer representing crypto entrepreneur Sam Bankman-Fried will present a revised bail package to Judge Lewis Kaplan after Kaplan expressed concern about Bankman-Fried's use of encrypted messaging apps while out on bail. The entrepreneur had used Signal to contact former FTX and Alameda colleagues, which led Kaplan to forbid him from using such apps and threaten to revoke his bail privileges if he acted out of order.
BNB Smart Chain (BSC) Advances with BEP 336: Introducing Blob Transactions for Enhanced Network Performance
BNB Smart Chain introduces BEP 336 upgrade, inspired by Ethereum's EIP 4844, to optimize data storage and reduce transaction costs, preparing for a network performance boost.
Klaytn Foundation and Matter Labs Collaborate to Advance Layer 2 Technology Integration
Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era.
Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum
Vitalik Buterin proposes a hard fork strategy for Ethereum to protect funds against quantum computer attacks, sparking a community-wide discussion on quantum security.
zkSync Parent Firm Sets to Launch Layer 3 Testnet ‘Pathfinder’ in Q1 2023
Matter Labs has announced a new layer 3 Ethereum scaling prototype called ‘Pathfinder,' which will be released in Q1 of 2023 and could turn out to be the first Layer 3 network built on the Ethereum blockchain.
Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy
The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.
Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%
The total value locked (TVL) in DeFi on the Ethereum network breached the $100 billion mark as demand continues to soar.
InvestHK announces core events of extended StartmeupHK Festival 2020
Invest Hong Kong (InvestHK) today (January 20) announced details of next month’s StartmeupHK Festival, its influential annual showcase of what’s new and what’s next in the world of start-ups. Entering its fifth year, the StartmeupHK Festival this year has been extended to six days and features seven core events that will present the latest ideas, trends and innovation to an audience from around the world.
European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds
A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.
Breaking: Binance Sells Russian Operations to CommEX, Exits Market
Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.
Ethereum staking service Rocket Pool reaches $1 billion in total value
Decentralized network operators get 7.26% annually.
DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.
Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.
EU to Regulate AI Use of Copyrighted Material
The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.
Ethereum Has Entered a New Bull Market as ETH is Dwarfing Everything in the Crypto Space
Spencer Noon recently tweeted that ETH has entered a new bull market. Here are a few factors why ETH is dwarfing the rest of the crypto market.
Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million
Ethereum (ETH) is on fire as it continues making record-breaking moves. Ether has broken the record by surging past the $2,000 mark across major exchanges.
Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe
According to a recent report by Bitget Research, Western Europe is witnessing a significant rise in daily active crypto traders, with Germany and France leading the way. The study also highlights the region's strong engagement in decentralized finance (DeFi) and preference for centralized exchanges.
Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It
As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.
NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes
The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.
Ethereum Projects Launch MEV Blocker to Minimize Invisible Tax
27 Ethereum projects have launched MEV Blocker, a solution to reduce maximally extractable value (MEV), or Ethereum's invisible tax. MEV Blocker is a free tool developed to counter MEV bots that hijack transactions and inflate prices for users. It sends at least 90% of profits back to users and can protect them from frontrunning and sandwiching when using any Ethereum DApp.
Ethereum’s Dominance Increases by 19.13% as ETH Price Breaches $4,000
Ethereum's current uptrend has resulted in an increase of its dominance by 19%.
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.
Digital Euro May Have Transaction Limits for Retail Users
ECB Board member Fabio Panetta has hinted that the Digital Euro may come with a limit for individuals
Bitzlato crypto firm taken down
Europol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.
US, EU Regulators Vow to Remove Russian Banks from SWIFT Network
One of the latest sanctions from the western camp seeks to ban specific Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in response to the Russian invasion of Ukraine.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
Ethereum’s Non-Exchange Whales Record the Highest Tokens in their Custody Since 2016
New data by on-chain metrics provider Santiment reveals that Ethereum’s non-exchange whales are on an accumulation spree as they continue buying more ETH.
Balancer's $2.1M Breach Impacts Pools Across Ethereum, Fantom, and Optimism
PeckShield Inc. has reported a $2.1 million loss on the Balancer platform, affecting multiple pools across Ethereum, Fantom Foundation, and Optimism Foundation. The loss, including Beethoven X, is believed to be miscalculated.
Proposal for ApeCoin to Move Away from Ethereum Favoured by APE Whales
A campaign of "ETHxit" is ongoing. ApeCoin DAO holders are voting to decide if they should move ApeCoin away from Ethereum to its blockchain or remain on the ETH chain. Currently, the majority goes to "leave".
Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises
The total number of Ethereum deposits in ETH 2.0 continues to climb as it recently set a new all-time high.
Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH
Ethereum whales’ holdings on crypto exchanges are diminishing, suggesting that they are being moved to cold wallets.
Aave and MATIC Surge to New ATHs as On-Chain Transactions Rises
DeFi protocols Aave and Polygon has seen a surge leading to an ATH in their respective native tokens.
Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors
Currently, Ethereum holds more than $2 billion worth of Bitcoin on its blockchain, as investors are getting creative with BTC and anticipating its next bull run.
UK Treasury to Omit Derivatives, Unbacked Tokens from Sandbox
The United Kingdom Treasury Department has suggested in its recommendations for a digital securities sandbox that unbacked crypto assets and derivatives be removed from the scope of the project.
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.
Purpose Ether ETF Inflowed Surge Past 50,000 ETH
The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.
DeFi Remains One of The Biggest Losers in H1
The crypto winter is almost wearing off based on several indices, and looking back to the outlook in H1, the ecosystem of DeFi can be tagged as one of the biggest losing sectors in the industry.
Ethereum's Vitalik Buterin Shares Insights on Possible ETH Price Drop Post-Merge
The run-up to the Merge event of the Ethereum protocol saw a number of anticipation from members of the Ethereum community and broader crypto investors on how the coin’s price will be influenced positively
Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide
Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.
Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital
The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”
Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High
Ethereum users have a sigh of relief because median fees have dropped to $5.50 per transaction from highs of $34.18 last month.
Retail Accumulation May Account for Why Ethereum Maintained Support at $2000
Ethereum is fighting to maintain support at $2,000. Glassnode has revealed that the addresses holding more than 0.1 Ether have reached a new all-time high today.
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.
Thai Political Party Proposes Digital Currency Stimulus
The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.
BBVA Adds Ethereum Trading Services for Private Clients
The Switzerland franchise of Spanish banking giant BBVA has added Ethereum trading and custody to its digital currency investment portfolio.
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.
Telecommunications Giant Deutsche Telekom Invests in Blockchain Payments Platform Celo
Deutsche Telekom, a German-based telecommunications company, has entered the crypto space by investing in Celo, a San Francisco-based blockchain payment platform that offers crypto on mobile phones.
Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.
Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
ETH's Average Fees Hit a 10-Month Low, Does Fear and Stagnancy Engulf the Market?
The hiccups experienced in the entire crypto market might have sparked fear and stagnancy in the Ethereum network based on low fee levels.
Ethereum’s Zinken Testnet Launch Is a Huge Success, Buterin Says “Scalability Will Go Up” on Eth 2.0
Ethereum developers have finally achieved a successful testnet release with Zinken.
Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia
Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.
Bitcoin and Ethereum Shed Off Slight Price Gains, Is The Bullish Rally Over?
With Bitcoin (BTC) and Ether (ETH) both recording losses in the past 24 hours, the question of whether the bull rally is over is pondered upon.
Vitalik Buterin Explains What’s Next for Ethereum after the ETH 2.0 Beacon Chain Launch
Ethereum 2.0 Phase 0, also known as the blockchain’s Beacon chain, was launched on Dec. 1. What's next for Ethereum after the launch?
Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers
President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.
Ethereum's Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption
In a recent report, investment management firm VanEck predicts that the Ethereum (ETH) token price could surge to $11,800 by 2030.
EU Parliament Approves Tough Rules to Ban Anonymous Crypto Transactions
The new proposals by the EU are designed to prevent criminal groups from exploiting the anonymity of crypto-based transactions.
Coti Unveils $10M Airdrop Plan for Coti Token Holders, Amplifies Privacy in Web3
Coti, a privacy-focused layer-2 protocol on Ethereum, announces a $10 million Coti v2 token airdrop, enhancing data security across Web3.
Massive Atomic Wallet Hack Revealed: Over $35M Stolen across Multiple Cryptocurrencies
On-chain investigator ZachXBT has reported a significant security breach on Atomic Wallet, a leading non-custodial decentralized wallet wallet. The hacker targeted various cryptocurrencies, managing to steal more than $35 million across different chains, according to ZachXBT's updates on Twitter.
CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion
CoinGecko's recently released 2024 Q1 Crypto Industry Report reveals significant growth in the cryptocurrency market, with the total market cap reaching $2.9 trillion. The report covers various aspects, including the performance of Bitcoin and Ethereum, the rise of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and the performance of centralized and decentralized exchanges.
Ethereum Layer 2: A Simplified Overview
Ethereum Layer 2 projects, such as Optimism, Arbitrum, and zkSync, aim to increase transaction throughput and reduce costs while maintaining security and decentralization properties. L2 solutions operate atop the existing blockchain, allowing for off-chain processing and a more scalable approach. They offer lower transaction costs, improved transaction capacity, and maintained security. Types of L2 solutions include rollups, state channels, and plasma. Projects like Arbitrum, Optimism, and zkSync are pioneering the L2 space, aiming to improve Ethereum's efficiency and scalability.
Ethereum Miner Revenue Plunges to a 4-Month Low
Ethereum miner revenue reaches a 4-month low of $1,096,941.17, analysts suggest Ethereum needs to reclaim $2,100 level for reclaiming bulls market.
Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.
Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking
Binance Labs, Puffer, Ethereum Staking, DeFi, Liquid Restaking, EigenLayer, Blockchain Innovation, Decentralization, Cryptocurrency Investment, DeFi Development
Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.
Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push
Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.
Bitcoin Millionaires at an All-Time High as Analysts Warn of a Pullback Before BTC Moves Higher
Bitcoin’s price has remained stable overnight, currently trading at the $13,000 level. However, other cryptos have not been able to hold their strength.
Ethereum User Paid $2.6 Million in Transaction Fees to Send Just $130
A user paid millions of dollars in Gas fees just to send $130 worth of Ether.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.
Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the approval of Ethereum-based exchange-traded funds (ETFs). I
Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”
Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.
Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back
Vitalik Buterin the Ethereum co-founder believes that mainstream adoption of digital currencies is inevitable, with or without blockchain, but will that currency be sovereign, corporate or decentralized?
TomoChain Prepares for Zorro Network Upgrade
Smart contract platform TomoChain today released details of an upgrade to its network. The Zorro Network upgrade will take place on January 22nd and will improve the functionality of the Ethereum Virtual Machine (EVM) — a collection of nodes that ensure security for the Ethereum network.
Sentiment Recovers Stolen Funds with Bounty
Lending protocol Sentiment has recovered stolen funds from a recent hack by offering the hacker a $95,000 bounty. The hacker returned over $771,000 in Ether, and Sentiment also received an additional 51.75 ETH. The incident highlights the importance of companies taking bug bounties seriously.
10,000 New Blockchain Companies Founded in China Despite COVID-19
COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.
Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.
NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases
Sports teams continue to adopt and implement blockchain into their business models, helping fans and security.
Will CME's Ethereum Futures Launch Send Ether Price Higher?
With the launch of CME’s Ethereum futures contract imminent, what can we expect from the Ether price?
Five Reasons Behind Ethereum's Rally to Top $3000
Ethereum broke the $3,000 mark after a rocky April. Its market capitalization now surpasses that of the Bank of America.
Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?
Ethereum developers have launched a short-term testnet, dubbed Spadina, in preparation for Ethereum 2.0 mainnet.
Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?
With the number of transactions on Ethereum recording an all-time high and shooting up over the past few months, crypto experts are speculating on whether the network can keep up with the high demand whether its scalability is reliable enough.
Millennial Investors Open the Most Crypto Accounts in Q2, Apex Report Shows
A report conducted by investing platform Apex Fintech Solutions (Apex) shows nearly 370,000 new crypto accounts opened in Q2.
BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing
Blockchain security firm BlockSec has launched the Phalcon Fork toolkit for collaborative testing on private chains forked from the Ethereum mainnet. The toolkit provides more control for developers over testing, analysis, and debugging of transactions, while retaining services and states from the Ethereum mainnet. It also includes an integrated faucet for free fork network Ether (ETH) and Fork RPC for integration with Ethereum Virtual Machine-compatible development frameworks.
Iranians Permitted to Trade on Binance, Despite US Imposes Sanctions: Reuters
Reuters said Binance exchange permitted Iranian users to trade on its platform after the United States reimposed sanctions on the country in 2018.
Leumi to Become 1st Israeli Bank Facilitating Crypto Trade
Bank Leumi's digital platform Pepper Invest announced that the bank is set to become the first Israeli bank to facilitate cryptocurrency trading - following a partnership with US blockchain firm Paxos.
Ethereum Based Tokens Surge Following London Hardfork Launch
Thanks to the London Hardfork, which went public, Ethereum is surging with its associated tokens.
US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH
On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.
UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors
The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).
ECB Advances Digital Euro Project into Preparation Phase
The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.
ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash
Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.
Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH
Ethereum whales took advantage of the recent dip by increasing their holdings by 180,000 ETH.
Ethereum Miners Realized $756M in August Pending The Merge
Miners on the Ethereum blockchain have made the sum of $756 million while gearing up for The Merge that will take place later in this month
EIP 1559 — ETH 2.0 and the Scarcity of Ethereum
EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability
BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,
Ethereum Testnet Successfully Upgrades for Upcoming Shanghai Hard Fork
Ethereum's Sepolia testnet has undergone a successful upgrade simulating the upcoming Shanghai hard fork expected to take place on the mainnet in March. The upgrade, called "Shapella", allows validators to withdraw their staked Ether and rewards on the execution layer.
OpenSea Sets New Record for Monthly Ether Trading Volumes at $3.5B
PopularNFT marketplace, OpenSea, has printed a new All-Time High (ATH) in Ethereum trading volume for January as collectors showcase their willingness to break new records in this new year.
Ethereum's Dencun Upgrade: Catalyst for Ecosystem Expansion and Price Surge in 2024
The Ethereum network is poised for significant growth in 2024, thanks to the Dencun Upgrade, which aims to enhance network efficiency, scalability, and decrease transaction costs.
Vitalik Buterin Announces Ethereum's Upcoming Milestones: Verkle Trees and History Expiry
Ethereum's network takes a major leap in scalability with the completion of the "Basic rollup scaling" milestone, paving the way for verkle trees and history expiry.
Ethereum Foundation Brings Blockchain to UNICEF
The Ethereum foundation team made a series of donations to the United Nations Children's Fund (UNICEF), in a move considered both charitable and good for blockchain adoption.
Starkware to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Is Ethereum the Future of DeFi? Scalability and Cost Issues Open Door for Cardano and Polkadot
As Ethereum continues to struggle with scalability and cost—traders continue to question the limitations of the Ethereum network and whether it really is the future of Defi.
Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
DWF Labs' Andrei Grachev Fires Back at GSR Cristian Gil
A Twitter feud between Andrei Grachev of DWF Labs and Cristian Gil of GSR.io has ignited discussions about the state of the crypto market and the role of market makers. The public disagreement has even led to a proposition for a "Crypto Fight Night," where the loser would have to leave the crypto markets.
European Crypto Startups See Record VC Investment in 2022
Despite a challenging year for the crypto industry in 2022, VC investment in European crypto startups reached an all-time high of $5.7 billion, with decentralized finance startups seeing a 120% increase in investments. Europe is also home to the highest number of crypto startups, but lags behind the US in unicorns and startups with over $1 million in funding. Investment in financial service-based startups declined by 19% compared to 2021, while infrastructure grew by 24%. The EU's Markets in Crypto-Assets regulations are set for a final vote in April 2023.
Ethereum Open Interest Hits All-Time High as 100% of ETH Addresses in Profit
Ethereum open interest hits an all-time-high and 100% of ETH addresses are now in profit.
Cardano Will Outperform Ethereum 2.0 in DeFi Says Hoskinson as ADA Price Surges
CEO Charles Hoskinson doubts the Ethereum 2.0 upgrade will result in higher throughput, better scalability, and more security highlighting Cardano’s superior design for DeFi.
UEFA Champions League Winners FC Bayern Munich Embrace Ethereum Blockchain for Tokenization
FC Bayern Munich, is the latest entrant in the Ethereum-based fantasy soccer game platform called Sorare, which leverages non-fungible tokens.
Ethereum’s Address Activity is Growing Again Following the Recent Panic Selloff
On-chain metrics provider Santiment has acknowledged that Ethereum is gaining momentum as address activity in this network is growing again.
Reddit Community Points Ready for Ethereum Mainnet through Off-Chain Labs
Off-Chain Labs has announced that it has been selected to help bring the Community Points (CP) initiative of the Reddit social media network onto the Ethereum Mainnet.
First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible
Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.
Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation
A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.
Eastern Europe Hotbed For Darknet As Ransomware Activity Increases
A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.
Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days
Glassnode recently noted that the total value staked on Ethreum has reached over 1.5 million ETH.
A Colombian court recently hosted its first legal trial in the metaverse
The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call."
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.
US SEC Executive Who said Ethereum is Not a Security to Leave the Agency
The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.
Ethereum Outflows from Exchanges Continue Increasing Amid a Roaming Supply Squeeze
A holding tendency continues to be illustrated in the Ethereum network based on ETH outflows from crypto exchanges.
Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders
Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back as short-term traders' interest soars.
Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon
As the ETH 2.0 beacon chain genesis is coming to fruition soon, it could be a catalyst for Ethereum’s price surge. Here's why.
Number of Ethereum Whales on the Decline as Market Sees a Massive Correction
Ethereum holders, those with at least 100 coins are on the decline.
Ethereum’s Market Capitalization of $500 Billion Will Need To Double to Flip That of Bitcoin
Ethereum’s remarkable bull run has pushed its market capitalization to the $500 billion level for the first time.
Volatility Rocks The Market as Altcoins Ignite Following Bitcoin’s New All-Time High Price Rally
As Bitcoin surges above $22,000 to an all-time high record, the altcoins also saw gains but the market is currently characterized by extreme volatility.
Euler Finance suffers $197M DeFi hack
Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out to security firms and the ETH security community to help with the investigation and recover the stolen funds.
DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily
The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.
The Number of Non-Zero Ethereum Addresses Hit an ATH
The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.
Magic Eden (MAGIC) Launches Retroactive NFT Rewards for Ethereum Users
Magic Eden introduces a cross-chain rewards program, offering Diamonds to Ethereum users for past activities.
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.
Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO
Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.
Bitcoin is a Freedom Friendly Type of Currency- Sen Cynthia Lummis
Senator Cynthia reiterated the role of Bitcoin as a freedom tool against oppressive governments.
Ethereum Falls Below the Short-Term Upward Trend Line - What’s Next?
With the downturn of the entire crypto market, Ether’s price has also fallen below the short-term upward trend line.
Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues
According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday.
Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms
The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC.
Cryptocurrency Industry Nears a $1 Trillion in Value Thanks to Bitcoin and Ethereum
The crypto market’s total value is edging closer to the $1 trillion mark thanks to its notable uptrend in recent weeks and the bullish gains of BTC and ETH.
SEC's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance
The SEC has postponed its decision on BlackRock's proposed Ethereum ETF to March 10, 2024. This reflects the regulator's cautious approach toward crypto-based investment products and highlights the need for clearer regulatory frameworks in the digital assets space.
Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey
Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.
EU to Vote Restricting PoW-based Crypto Assets
The European Union could see a major change in the cryptocurrency industry as proof-of-work cryptocurrencies face an indeterminate future.
Three Crucial Expectations from the Crypto Market in August
Overall the market is showing signs that the crypto winter may be wrapping up, but while investors may want to start bagging new coins in their portfolios, these three key expectations should stay alert in August.
EU Court Upholds Privacy in Encrypted Messaging Ruling
The European Court of Human Rights has upheld privacy and freedom of expression, rejecting backdoor demands in encrypted messaging services, highlighting potential security risks.
The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650
ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.
Ethereum Whales’ Accumulation Mode Continues as Price Tops $3,200
Ethereum whales are not relenting in their accumulation quest because addresses with more than 100k coins now hold 43.7% of the ETH supply.
Ethereum Ranks 9th in Market Valuation Among Leading Global Banks
Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.
ETH Miner Balances Recovering with its Transactions Hitting $2.5 Trillion in Q2 of 2021
This renewed Ethereum momentum is propelling ETH miner balances on the road to recovery.
Ethereum Supply Crisis Intensifies as Total Value in ETH 2.0 Surges Past $9 Billion
Crypto analyst Joseph Young has pointed out that the Ethereum supply crisis is intensifying.
Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%
With the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.
Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance
While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.
U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum
The Houston Firefighters' Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies.
Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari
Messari lead crypto researcher Ryan Watkins seems to think that in the long-term, Ethereum may appreciate more than Bitcoin (BTC).
Ethereum Hits Fresh Record High of $3000
Ethereum has hit an all-time high of $3000 for the first time in its history, making it more valuable than PayPal and the Bank of America in terms of market cap.
Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024
DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.
Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem
Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.
Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run
Dan Tapiero, the CEO of 10T Holdings, believes that institutional adoption is propelling the next leg of Ethereum’s bull run.
Paysafe Halts EUR Deposits for Binance Users: What You Need to Know
Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.
Hiccups Surface as Bellatrix Upgrade Sets Stage for Ethereum Merge
With the much-anticipated merge being around the corner, the Bellatrix upgrade went live, curtain raising for this event.
Long-term Dormant Ethereum ICO Participant Activates $3.2 Million Worth of ETH
An Ethereum ICO participant re-emerged after 8.2 years of inactivity, transferring 2,000 ETH ($3.2 million) to four different addresses on October 21, 2023. Acquired at a mere $620 at the Ethereum Genesis, this move not only underscores Ethereum's substantial price appreciation but also hints at potential market dynamics as long-dormant assets re-enter circulation. The transaction could signal various intents, from cashing out to redistributing or reinvesting the holdings, each with its own set of implications for the Ethereum market.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
Ethereum Layer 2 Boba Network Raises $45M in Series A Funding
Ethereum Layer 2 project Boba Network has raised $45 million in its Series A funding round.
Etherscan Made 100% Inaccessible by China's Great Firewall
Etherscan.io, one of the most widely used Ethereum block explorers, was found to be inaccessible from IP addresses inside of mainland China. According to the tests performed locally, the country’s Great Firewall, which is used by the government to regulate citizens’ access to foreign internet sites has blocked the Ethereum blockchain data site.
Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain
Ethereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.
Not Just Bitcoin - Ethereum and Altcoins Gain Bullish Momentum
Ethereum's record-breaking momentum indicates that investors are increasingly taking an interest to altcoins and that Bitcoin's dominance in the crypto sector has slightly declined.
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.
Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?
Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?
Bitcoin and Ethereum Trading Volumes Go Through the Roof
History has been made with $34.8k BTC and $1,090 ETH with both Bitcoin and Ethereum recording new all time highs in trading volume.
Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny
The European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.
Market Watch: Stock vs Crypto Performance, Tesla, Apple, Bitcoin and Ethereum Compared
What it the correlation between crypto and the stock market? We analyze Nasdaq, Dow, Apple, Tesla, Microsoft, Bitcoin, Ethereum. Unlimited QE is the most important factor.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.
Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe
Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.
Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether
More investments continue trickling into Ethereum 2.0 because 9.01 million ETH has been staked.
Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe
South Korean prosecutors believe Do Kwon is currently residing in Europe
MetaMask Launches Ethereum Staking Marketplace
MetaMask Institutional has announced a new staking marketplace that allows institutional clients to manage ETH staking through vendors such as ConsenSys Staking, Allnodes, Blockdaemon, and Kiln. The marketplace aims to simplify access and management of solo staking and enable institutions to become Ethereum network validators.
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract infrastructure firm, raises $20M in Series A funding led by Paradigm and Standard Crypto, aiming to transform blockchain data access using zero-knowledge cryptography.
Coinbase’s Registration Statement with SEC Reveals What Could Make Bitcoin and Ethereum Prices Plunge
Coinbase's registration statement for its public listing reveals what could potentially drag down the price of Bitcoin and Ethereum.
European Blockchain Convention reinvents itself to remain the leading congress in Europe
European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.
April 20: Too Many Have Missed the ETH Lining Because They're Expecting BTC
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!
Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline
As the Total Value Locked in DeFi plunges, Bitcoin investors appear to be saving their holdings in smart contracts amid price falloff.
LocalBitcoins Seller Charged by US Homeland Security for Money Laundering
Kenneth Rhule, a localBitcoins seller is charged by the US Homeland Security for conducting an unlicensed money transmitting business. Rhule can face up to forty years in prison on account of fraudulent activity alongside illegal marijuana production and distribution.
Litecoin vs Ethereum: The 8 Differences that You Should Know
Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
Crema Finance Hacker Returns Stolen Crypto Following Negotiation
Crema Finance has received 6,064 ETH ($7 million) and 23,967 SOL ($870,000) from a hacker who had stolen 69,422.9 SOL and 6,497,738 USDC stablecoin (roughly $9 million) following a negotiation.
Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities
ETH supply on exchanges has been shrinking by being transferred to cold storage.
Ethereum Network's Transaction Prices has Declined: The Block
The Ethereum network's gas fees have declined significantly since 2021, according to The Block.
Ethereum Leads ahead of Traditional Markets Performance over the Past 30 Days
The London Hardfork or EIP 1559 upgrade that got activated in August seems to have boosted Ethereum’s performance in the last 30 days.
Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors
Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.
EBA Issues Updated Guidelines for Crypto Asset Service Providers
The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU.
Magic Eden Launches Ethereum Marketplace in Alliance with Yuga Labs
Magic Eden debuts its Ethereum marketplace, collaborating with Yuga Labs to uphold creator royalties in the evolving NFT landscape.
ECB to Warn Countries in the Eurozone about Crypto Regulation
The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem.
Decline in Cryptocurrency ATMs in 2023: A Global Perspective
In 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.
Luxury Watchmaker TAG Heuer to Accept Crypto Payments
TAG Heuer will accept the payment method after a deal with Bitpay.
Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?
Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic.
OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director
The director of the OECD’s Centre for Tax Policy and Administration has revealed that the OECD will release an international tax reporting standard for crypto assets in 2021.
How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response
The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests
Binance’s latest research report published on Oct. 28 stated that Ethereum’s upcoming switch to Proof-of-Stake (PoS) from Proof-of-Work (PoW) is expected to take a ‘most substantial’ portion of the crypto market’s attention.
Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.
European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech
The European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The team will analyze and evaluate the AI-backed algorithms used by Big Tech firms to identify and address any potential risks posed by these platforms.
Reasons behind Monday’s Crypto Market Sell-off Panic: Evergrande Group shaky Bankruptcy Threat Ahead
The fall down of the Chinese real estate giant Evergrande Group swept the entire cryptocurrency market. Evergrande’s financial crisis caused investors to worry about China’s catastrophic debt default, which caused panic selling in the market.
Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale.
India's Shardeum Closes $18.2M Seed Funding Round, Valuation at $199M
According to Shardeum, the new funds will be used for increased marketing efforts and upgrading the development team.
Women in Blockchain: Sam Shrager of BCB Group
The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.
Vitalik Buterin Talks about Ethereum's 2024 Roadmap
Ethereum's 2024 roadmap, shared by Vitalik Buterin, prioritizes minor adjustments and continuity with core priorities like merge, surge, scourge, verge, purge, and splurge.
Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption
Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.
LSE Set to Launch Bitcoin and Ethereum ETNs
LSE readies for Bitcoin & Ethereum ETN listings in Q2 2024, aligning with FCA's updated crypto stance, signaling a landmark for regulated crypto investments.
Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants
Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.
Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.
ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores
Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested that acceptance of the digital euro in brick-and-mortar stores, as well as online entities, would help promote the use of the fiat digital euro.
Ethereum's transition to proof-of-stake
ssv.network created a $50 million fund to encourage Ether (ETH) staking technology research. DVT, an open-source protocol, distributes validator duties over numerous nodes. Vitalik Buterin's Eth2 roadmap relied on the protocol.
UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant
UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption.
Hedging, Staking and Saving - The Signs that Point to a Maturing DeFi Market
DeFi is currently on a maturity curve comparable to the same one that the cryptocurrency markets have undergone over recent years.
EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban
The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.
Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.
Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises
Ethereum will process more than $1 trillion in real value transfers this year, surpassing PayPal.
Ethereum (ETH) and XRP Price Gains Dwarfed Bitcoin Rally, Which Cryptos beat BTC in 2020?
Despite the BTC price gaining over 150% in 2020, BTC has been dwarfed by the price increases of other altcoins—including Ethereum (ETH) and Ripple’s XRP token.
Bithumb Lists Civic (CVC) and HUNT in Korean Won Markets
Bithumb, a leading virtual asset platform, has announced the addition of Civic (CVC) and HUNT tokens to its Korean Won trading market.
Ethereum's Future Unveiled by Vitalik Buterin at EthCC
At EthCC, Ethereum's Vitalik Buterin outlined the protocol's future, highlighting key developments like the transition to Proof of Stake, sharding, Verkle trees, state expiry, and Ethereum Improvement Proposals.
Ethereum Killer Polkadot Rallies as ETH Lags Behind, What’s Next for DOT?
The Polkadot (DOT) token has managed to secure its gains in the past week, while other altcoins lagged behind Bitcoin’s price surge.
European Securities and Markets Authority Calls for Input on New EU Crypto Rules
The European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has initiated its first consultation package under the Markets in Crypto-Assets Regulation (MiCA). The authority is seeking stakeholder comments until September 20, 2023, marking a significant step towards establishing concrete rules for crypto markets in the EU.
Vitalik Buterin Proposes Zero-Knowledge Ethereum Virtual Machines on Ethereum Layer 1
Vitalik Buterin suggests implementing zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum base layer to accelerate the verification process on the blockchain without compromising decentralization and security. The technology enables smart contract execution on the blockchain with ZK proofs. It would be the third type of Ethereum client, along with the consensus and execution clients. By integrating zk-EVMs at the Ethereum layer 1, Ethereum would remain decentralized and new clients could be developed, further decentralizing Ethereum at the base layer.
Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured
US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.
Ethereum 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate
A transition to the proof of stake(PoS) consensus mechanism through Ethereum 2.0 will prompt a 1% annual deflation rate on the ETH network.
Vitalik Buterin Explores Memecoins: From Controversy to Charity
Vitalik Buterin, Ethereum co-founder, discusses memecoins' current state and potential, suggesting alternative approaches like charity coins and Robin Hood games for a positive-sum experience, emphasizing the importance of combining charity initiatives with gaming mechanics.
ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance
European Central Bank (ECB) President Christine Lagarde said that a decision on whether or not to launch a CBDC will be made by the middle of this year.
Crypto Market Watch: Weekly Price Trend Update
Here is a brief on the most significant crypto price uptrend over the past week.
Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade
Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Ever since the London Hardfork or EIP-1559 upgrade went live in August 2021, Ethereum’s supply continues to be depleted based on the burning mechanism incorporated.
$250,000 BTC: Kraken Survey Shows Investors are Bullish on Bitcoin, Altcoins and DeFi in 2021
The latest Kraken VIP sentiment survey reflects how investors think the crypto sector might evolve in 2021. Some are projecting the BTC price as high as $250,000.
European Commission Moves to Tighten Rules on Cryptocurrency Transfers
The European Commission has announced that firms transferring Bitcoin and other cryptocurrencies must collect details of payers and payees to help regulators prevent the flow of dirty money.
Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
Both the stock and crypto market could go down, the bitcoin price appears ready to drop.
Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder
As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of usage.
Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC
Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).
PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission
In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project
Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)
European Union Close in Agreeing on Crypto Regulations - Bloomberg
As the clamor for crypto regulations has continued to intensify, the European Union (EU) is close to agreeing on a comprehensive regulation that will govern the nascent digital currency ecosystem
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.
Ethereum Sinks Below $600 as Altcoins Undergo Extreme Volatility
Ethereum has plunged below the $600 level, a crucial mark that analysts have said will determine whether the cryptocurrency stays in a bullish position.
Ethereum's Shapella Upgrade Complete
Ethereum's Shapella upgrade has been successfully completed, allowing validators to withdraw their staked Ether on the Beacon chain. Over 44% of active validators have the ability to request partial or full withdrawals, with most withdrawals being for staking rewards. Major exchanges have announced their support for ETH unstaking, with several already processing withdrawal requests.
ECB Nears Final Stage of Digital Euro Investigation
Fabio Panetta, ECB Executive Board member, discussed the digital euro initiative with the European Parliament's Committee on Economic and Monetary Affairs. The proposal includes legislative proposals on the digital euro and cash legal tender status, aiming to preserve monetary sovereignty and digital freedoms.
EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.
Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15
Vitalik Buterin, Ethereum’s co-founder, has hinted that the much-anticipated merge might occur around September 15.
Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto
The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.
Ape-Themed NFT CyberKongz Leads Top Protocols in Ethereum Burning Rate
CyberKongZ NFT project is stirring the highest burning rate in the Ethereum network, ahead of major platforms like OpenSea and Axie Infinity.
Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving
Ethereum 2.0 deposit contract continues to see an uptick in investments based on a surge in the total value locked (TVL).
Ethereum Whales are on a Spending Spree as Addresses with at least 10,000 ETH Hit All-Time High
New data by on-chain data provider Santiment reveals that the number of Ethereum addresses with more than 10,000 ETH has broken the record at 1,225.
Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?
The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.
What is MEV Bot?
MEV bots, automated tools in crypto, execute profitable opportunities on networks like Ethereum. They contribute to market efficiency but also pose challenges and risks, including potential hacking.
Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy
Greek Prime Minister Kyriakos Mitsotakis announced the formation of a High-Level Advisory Committee for AI on October 19, 2023. Led by MIT Professor Constantinos Daskalakis, the committee aims to prepare Greece for the rapid advancements in AI and their applications. The committee will focus on long-term national strategy, including policy development and guidelines, in key areas such as economy, society, and innovation.
Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.
Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative
Jacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.
EU Drafts AI Bill to Address Copyright Concerns
The European Union has passed a draft bill that will classify AI tools according to their risk level and impose stricter transparency procedures for high-risk tools. The bill is part of the EU’s Artificial Intelligence Act and aims to address concerns around the use of copyrighted materials in AI training.
High Transaction Volumes are Boosting Ethereum’s Price Rally
On-chain metrics provider Glassnode has revealed that high transaction volumes in the Ethereum network are boosting Ether's upward momentum.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?
New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.
Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype
The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON, as part of the five partners to design a digital euro prototype
Court Upholds OFAC's Designation of Tornado Cash Under IEEPA
The US District Court upheld the OFAC's designation of Tornado Cash under the IEEPA, rejecting plaintiffs' claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities.
Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.
VanEck CEO Predicts SEC Rejection of Spot Ethereum ETF Application in May
VanEck CEO Jan van Eck and CoinShares CEO Jean-Marie Mognetti are pessimistic about the approval of a spot Ethereum ETF by the U.S. Securities and Exchange Commission due to the regulatory climate and lack of feedback.
"Deutsche Bank share slide fuels global banking fears"
Deutsche Bank's recent share slide has added to concerns about the state of the global banking system and the possibility of a new financial crisis. As governments try to protect the dollar's status as the world reserve currency, concerns about hyperinflation and a historic correction of the economic system are growing. Some members of the Bitcoin community are looking to the cryptocurrency as a potential hedge against inflation.
Ethereum Mainnet Gears Up for Dencun Upgrade: Lower Fees and Enhanced Efficiency
thereum's Dencun mainnet upgrade is set for March 13, 2024, introducing data blobs and protodanksharding to enhance network efficiency and reduce fees.
Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.
CBDCs Are Bad News to European Banks, says Bank of America Analysts
Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
According to data from blockchain analytics provider, Santiment, there seems to be a heavy centralization in the new protocol per validator’s count after the Merge of Ethereum.
Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.
Altcoin Watch: Top 2 Tokens to Watch This Week
With the instability in the market, here are key tokens that are likely to define the market trend this week.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
Ethereum Price Analysis: Navigating the Consolidation Phase
our Ethereum price analysis suggests a period of consolidation with minor fluctuations, between the 10-day MA and $1937. Traders should closely monitor key support and resistance levels, currently at around $1850 and $1950 respectively, for potential breakout or breakdown scenarios.
Uniswap’s UNI Price Drops by 30%, but DeFi Protocol Still Winning
Uniswap’s very own UNI dropped by more than 30% over the weekend, plummeting from its all-time high of $8.39, according to data from CoinMarketCap.
Ethereum Crosses $1,900 For the First Time in Its History as Total Value Locked in ETH 2.0 Hits All-Time High
New data by Santiment reveals that the number of whale addresses holding at least $10,000 ETH ballooned to 1,287 on Valentines Day and this has been pivotal in triggering Ethereum's uptrend.
Largest DeFi Hack Recorded on Poly Network with $610M Stolen
A $610 million hack has been recorded by interoperability protocol Poly Network in what is tagged as the biggest heist in the DeFi world.
What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.
Deutsche Börse Taps SEBA Bank as the New Issuer of Crypto ETNs
SEBA’s ETNs are designed to deliver investment returns that correspond to the underlying cryptocurrencies' price and performance.
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".
Gitcoin Pivots to Ethereum Grants
Gitcoin, the open-source funding platform, announces a strategic shift from public goods funding to concentrate on grants infrastructure for the Ethereum ecosystem. This reorganization aims to enhance technological development within Ethereum, transitioning from a flat organizational structure to a more defined "Labs" model for improved efficiency and direction.
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
More Than 700,000 ETH Staked for Ethereum 2.0 Launch
The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.
Crypto Traders’ Speculation of Ethereum Volatility Relative to Bitcoin’s is Rising
Ethereum's upward momentum is making Ether and Bitcoin's implied volatility rise.
Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.
China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto
Sparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.
BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year
Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio.
Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus
In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
Six Cryptocurrency Trends to Watch in 2020
A quick look at some of the main developments and events on the horizon that are set to shape the digital asset market throughout 2020.
Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO
Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.
Polygon Labs Proposes Celo's Transition to Ethereum L2 Using Their Chain Development Kit
Polygon Labs has proposed a technical upgrade for Celo, transitioning from an independent EVM-compatible L1 to an Ethereum L2. The proposal uses the Polygon Chain Development Kit (CDK), an open-source toolset that allows developers to create a ZK-powered L2 for Ethereum. Key benefits include enhanced collaboration, an EVM-equivalent environment, security, low fees, a unified L2 ecosystem, customization, fast transactions, and high standards of support. The proposal aims to achieve optimal technical upgrades for the blockchain community.
Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana
Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.
Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit
A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.
Germany’s Financial Regulator Warns Binance Over Stock Token Offering
Germany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.
Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion
Ethereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.
European Union Introduces Comprehensive Crypto Law
The European Union has introduced a new crypto licensing regime called Markets in Crypto-Assets (MiCA), making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The EU also voted in favor of a Transfer of Funds regulation that requires crypto operators to identify their customers in a bid to halt money laundering.
DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher
Currently, the DeFi sector’s total value locked (TVL) has surged above $16 billion, setting a new high for the ecosystem, according to DeFi Pulse.
Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program
Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.
Ethereum Gas Fees Surge to a Monthly High, Supply on Exchanges Continues to Decline
Ethereum's total fees has hit a monthly high of 746.026 ETH.
ETH 2.0 Gold-Backed Stablecoin
Ethereum Gold backed tokens. Will this be the return of the gold standard? In crypto form.
The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies
The Bank of Japan, the World Trade Organization, the Inter-American Development Bank and the World Economic Forum will participate in a global congress where a direct dialogue will be established to outline the future of the industry.
Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market
CoinShares reports a significant increase in investor bullishness towards digital assets, with a total inflow of $125 million in the past week. In the last fortnight, inflows totaled $334 million, representing nearly 1% of the total assets under management (AuM).
Active Addresses of Ethereum Hit Monthly High with $22B Being Staked before the Merge
Ethereum continues to be at the centre stage after undergoing its biggest software upgrade called the Merge. As a result, active ETH addresses have skyrocketed after hitting a monthly high.
Ethereum is Settling Three Times More Value On-Chain Than Bitcoin Daily
Ethereum (ETH) continues to surpass Bitcoin in terms of the value settled on-chain daily.
Ethereum’s Bull Run to Continue as Massive Balance of Ether Moved Off of Exchanges for ETH 2.0 Staking
As Ethereum 2.0 Phase 0 is nearing its launch, the Ethereum community has locked up more than $13 million of Ether in the network in 24 hours.
NFTs And Crypto Will Benefit From Apple Allowing Third-Party App Stores
Apple will allow third-party app stores on its devices to comply with EU anti-monopolistic rules. EU legislation will compel Apple to allow alternative app stores and applications outside the App Store, benefiting crypto app creators. The EU's Digital Markets Act regulates "gatekeepers" and ensures platforms operate fairly, prompting Apple to expand its ecosystem.
Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments
After four years of negotiations, Chedi Andermatt, a luxury hotel located in the Swiss Alps, finally passed a cryptocurrency payment plan.
Deutsche Boerse to Delist Coinbase Shares Citing "Missing Reference Data"
Coinbase shares will be delisted on Deutsche Boerse'trading platforms after "missing reference data" was uncovered.
Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist
Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.
Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research
With knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research.
Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?
LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight.
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million
Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.
Ethereum bulls awaken after four years to transfer 22,982 ETH.
Recently, two inactive accounts transferred 22,982 ETH to new addresses. Genesis and Poloniex ETH tokens transferred 13,103.99 ETH and 9,878 ETH, respectively. On transfer day, the asset cost approximately $1,200 per ETH.
Ether Fund by 3iQ to Launch on the Toronto Stock Exchange Tomorrow, $75M Already Raised
3iQ, a digital asset manager based in Canada, will list the Ether Fund tomorrow.
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.
Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows
With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.
Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom
Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?
DappRadar—Redefining Accuracy and Transparency in the State of Dapps
Skirmantas Januskas is the CEO and founder of DappRadar a website that lists the best Ethereum Dapps and ranks them by DAU (Daily Active Users) showing the authentic acceptance and usability of Dapps. DappRadar recently added full token tracking for EOS Dapps which has reportedly uncovered that the EOS Dapp ecosystem may be undervalued by 1 billion dollars.
Ethereum Transactions Hit A Record-High of 1.4 Million
The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.
Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability
Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.
Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking
Retail investors could soon have the opportunity to earn on ETH 2.0 if a proposal on Ethereum 2.0 validator vault on Yearn passes.
Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge
Base, a prominent layer-2 Ethereum scaling solution, set a new trading volume milestone of $1.21 billion on decentralized exchanges, spearheaded by activity on Uniswap.
Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive
The London Hard Fork – the major updated to Ethereum – is currently underway. Here are the key details of the upgrade.
Crypto Twitter Explodes as Elon Musk Announces Tesla Will Stop Accepting Bitcoin Payments
Tesla CEO Elon Musk's latest tweet on Bitcoin has generated a lot of backlash on Twitter.
Jury Trial will Decide if Ethereum Dev Nigel Griffith Helped North Korea Evade Sanctions
Ethereum developer Virgil Griffith has been accused by the US Department of Justice of aiding North Korea (DPRK) in evading sanctions and will now face trial by jury.
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.
Dutch Government Invests Heavily in AI to Compete Globally
The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.
Binance Research: Ethereum's Roadmap for Scalability and Decentralization
Binance Research reports Ethereum's focus on scalability and decentralization, with Layer-2 solutions and Danksharding being key components. The transition to Proof-of-Stake in 2023 leads to a 257.7% increase in mainnet data publishing fees.
Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade
Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.
Google Assistant to Integrate Bard AI for Enhanced Capabilities
Google Assistant is set to integrate with Google's Bard AI to offer enhanced functionalities. The integration will allow Google Assistant to perform complex tasks like planning vacations and sorting emails. Although the feature is still under testing, it marks Google's aggressive efforts to compete in the AI space.
PayPal Finally Enables Cryptocurrency Payments and Shopping
PayPal's customers will finally be able to make payments and shop using digital currencies such as BTC, ETH through PayPal’s online wallets.
China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?
A segment on China's CCTV appeared to actively promote Etheruem and DeFi, but isn't Beijing anti-crypto?
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.
President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop
The speculation that U.S. President Joe Biden’s administration will increase capital gains taxes sent shock waves in the crypto space as Bitcoin (BTC) and Ethereum (ETH) dropped amid fears that this initiative could limit investment in digital assets.
A Look into Bitcoin and Ethereum's Record-Breaking Bull Runs of January
On-chain data provider Santiment has delved deeper into the impressive bull runs that Bitcoin and Ethereum have both enjoyed in January.
Could Current DeFi Rebound be Indicative of Broader Market Revival?
The growth of the DeFi subsector is quite unusual as the combined market cap had a 0.69% growth over the same time frame.
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain
Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.
IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money
IMF Chief Kristalina Georgieva said that Europe could reverse getting into a debt crisis. She further warned about the risks associated with cryptocurrencies.
Ethereum Unlikely to Merge in June, Despite PoW Undergoing
The much-anticipated merge will not occur in June as planned, according to Ethereum lead developer Tim Beiko.
Europe Takes the Major Share in terms of Global Crypto Distribution
As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.
Bentley University Rolls Out Crypto Payment Option for Tuition Fees
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.
Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week
Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.
Ethereum Price Fails to Hold $400—Will ETH Suffer from a Correction Ahead?
While Bitcoin has managed to pull ahead in the cryptocurrency market, Ethereum’s price has still been lagging behind. What's next for ETH?
Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week
In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021.
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target
Both Bitcoin and Ethereum are on the uptrend today as the potentials for new price growth builds up.
Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network
Decentralized lending platform Cream Finance officially announced integrating with Polygon by launching its money markets on the Ethereum layer 2 scaling solution Polygon network.
Ethereum Battles Resistance as Exchange Inflow Volume Drops
On-chain metrics Glassnode reveals that Ethereum exchange inflow volume (7d MA) just reached a 1-month low of 15,477.056 ETH.
Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether
The total value of Ethereum locked in Ethereum 2.0 tops 3 million Ether and currently pegged at 3,000,034 ETH.
Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.
Ethereum (ETH) Price Analysis - April 9,2021
Ethereum hit a new high of $2,151.63 earlier this week and rallied bullishly after Federal Reserve Chair Jerome Powell's speech on US economic recovery.
Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks
Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.
Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.
Open Interest for Ethereum Futures Soars to All-Time High of $2.21 Billion
Bybt, an aggregated derivative exchange, has provided a more in-depth analysis about open interest on Ethereum Futures hitting a record-high of $2.21 billion.
Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased
More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by on-chain metrics provider Glassnode.
TrueUSD Depegging Linked to Binance Launchpool Activities
TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.
SEC Could Approve All Ethereum ETFs Concurrently
SEC may greenlight multiple Ethereum ETFs at once, signaling a shift in U.S. crypto regulation. Key players like Volatility Shares & Valkyrie await decisions.
The Number of Ethereum Deposits on Crypto Exchanges Hit a 5-Month Low-What This Mean
The number of ETH deposits on crypto exchanges continues to diminish, given that it reached a 5-month low of 548.940.
Alameda Research's FTX Tokens worth millions transferred
Many think the latest money transfer is part of the bankruptcy process, with officials liquidating funds to repay creditors.
ShareRing Enhances Digital Identity Solutions by Merging ShareToken
ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.
Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development
Eureka Entertainment and Stake Technologies are collaborating on the blockchain game "CoinMusme," which will introduce a new character, "Astar," and distribute 100 exclusive NFTs. The game also plans to collaborate with various cryptocurrencies and NFT projects.
$1.5 Billion of BTC Locked Up In Ethereum
Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Ethereum is Ready for $5,000 and Chainlink for $100, says Market Analyst
Ethereum and Chainlink's current bull runs are far from over, as market analyst Michael van de Poppe remarked that ETH and LINK will surge to $5,000 and $100 price levels, respectively.
KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum
Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH
ETH’s strong surge continued and rallied above $660, however, the cryptocurrency faced a slight correction and is now trading below $650.
Tim Beiko announced Shapella upgrade
Full and partial validator withdrawals alter the consensus layer.
European Securities and Markets Authority Prioritizes Crypto-Related Regulation
The European Securities and Markets Authority (ESMA) announced its key priorities list for 2020-2022. In its published document “Strategic Orientation for 2020-22,” the ESMA reflected its focus on supervisory convergence and its role in building the Capital Markets Union.
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”
Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know
Ethereum 2.0 Phase 0 has just launched today. Phase 0 of Ethereum 2.0, also known as the Beacon Chain will introduce a new consensus mechanism to the network.
VanEck And ProShares Withdraw Plans to List Ethereum ETFs
VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.
Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1
Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment.
Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet
The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
Estonia's Central Bank Launches Research Project into CBDC
Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.
Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021
Ethereum researcher Virgil Griffith has been accused by the US government of assisting North Korea in questionable affairs involving cryptocurrencies.
Luxembourg: The FinTech Hub For Cross Border Asset Management
Luxembourg for Finance (LFF) is a public-private partnership that acts as the agency for the development of the financial center of the small nation.
Hacker moves stolen funds after bounty launch
The hacker who stole $196 million from Euler Finance has transferred $1.65 million through Tornado Cash, after a $1 million bounty was launched. Victims pleaded for return of funds, but the hacker's move to a crypto mixer suggests they may not be swayed. On-chain data shows the stolen funds consisted of DAI, USDC, staked ETH and WBTC.
Shiba Inu Shibarium's Wallets Top 100,000 as Transactions Exceed 445,000
Shibarium, Shiba Inu's Ethereum Layer 2 network, has achieved 100,000 wallet addresses and 445,000 transactions, demonstrating rapid adoption, user engagement, and lower transaction costs for decentralized finance applications and NFTs.
$27M USDT Theft Linked to Binance Deployer Address
A 27 million USDT cryptocurrency theft, linked to Binance's deployer, has raised security concerns and highlighted the risks of cryptocurrency holdings and recovery challenges.
TravelX, Air Europa Launch World's 1st Flight Ticket NFTs
TravelX announced that it has partnered with Air Europa to release the world's first NFT flight ticket collections or "NFTickets." Owners can issue their own flight tickets by presenting their NFT.
Binance Supports Starknet (STRK) Distribution for ETH Staking Users
Binance announces support for Starknet (STRK) distribution to ETH Staking users, with the snapshot taken on Sept 15, 2022. Distribution completion is expected within 30 days from Feb 20, 2024.
Ethereum’s Top 5 Mining Pools Account for 65.4% of ETH Blocks
Ethereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
Ethereum Will Be Made Available on Amazon Managed Blockchain
Amazon Web Services (AWS) has now brought the benefits of Ethereum blockchain solutions to its users.
Sending Ethereum Tips on Twitter Becomes a Reality
After enabling Bitcoin tipping on its platform in September 2021, Twitter has stretched its hands by adding Ethereum to the mix.
Ethereum—The Whole Forking History
Ethereum is the second most recognizable name in the cryptocurrency and blockchain space, next to Bitcoin. Ethereum was created to overcome the limitations of Bitcoin, which is essentially just a system for decentralized money, and push the boundaries of blockchain technology and decentralization. Like Bitcoin, it is supported by a peer-to-peer node network, meaning that it is essentially a decentralized server run by a vast number of computers with no central administrator or intermediary.
The third-largest French bank Introduces Euro-Pegged Stablecoin
Société Générale has introduced EUR CoinVertible, a euro-pegged stablecoin, marking a significant shift in the integration of traditional finance with digital assets.
US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral
Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.
Wintermute-Backed Decentralized Exchange Bebop Expands to Polygon
Following its launch on the Ethereum blockchain in June, Bebop, a decentralized exchange incubated by crypto trading firm Wintermute, has now expanded support to Polygon.
Ethereum Layer 2 Continues to Gain Steam as ETH Realized Capitalization Soars
Ethereum layer 2 seeks to address the challenge of scalability, given that it’s a distinct network running on top of Ethereum Mainnet (layer 1).
Bitcoin Mild Volatility Lower than the Other Leading Cryptocurrencies in 2021
Crypto analytic firm CryptoCompare acknowledged that BTC’s volatility had been relatively lower compared to other leading cryptocurrencies, such as Ethereum (ETH), Ripple (XRP), and Cardano (ADA).
Deutsche Bank Joins JP Morgan’s Blockchain Platform
Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.
TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.
Bitstamp acquires a Spanish crypto licence
Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030
VanEck Research revises #Ethereum price target to $11.8k by 2030 following a recent hard fork. The new valuation considers revenues from transaction fees, MEV, and an emerging "Security as a Service" model.
Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%
With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.
Slim Odds of Slashing and Best Practices to Avoid it
According to Ethereum core developer Superphiz, just 0.04% of ETH-staking validators have been eliminated.
Dogecoin Foundation Launches Core Developer Fund
On Dec. 31, the Dogecoin Foundation unveiled a new fund that would be handled by its members in a multisignature wallet. The team disclosed the fund's wallet address for openness. Doge developers have dismissed allegations that the network is switching to a proof-of-stake (PoS) consensus method.
Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.
Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum
Ethereum's Vitalik Buterin proposes a 33% increase in the gas limit to improve network throughput. This first change in three years aims to balance efficiency and stability, addressing scalability.
ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market
ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.
MahaDAO Shares Details of Staking Program That Delivers 40% APY
MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.
Crypto Wallets Holding at least 1 Ethereum Hit a Monthly High Despite Price Correction
New data by on-chain data provider Glassnode reveals that despite the current price correction, Ethereum addresses holding more than 1 ETH have hit a monthly high of 1,175,408.
Ethereum Devs Discuss Dencun Upgrade and EVM Object Format
The ACDE Call #172 saw Ethereum developers discussing the Dencun testing progress and the debated EOF proposal amidst concerns over its complexity and timing. The discussions reflect a cautious approach towards substantial protocol upgrades, ensuring Ethereum's evolution considers both immediate and long-term implications.
U.S. Should Align Itself with Digital Assets to Safeguard its Interests, Says Chainalysis Founder
During a Senate hearing, Chainalysis founder Jonathan Levin opined that the U.S. ought to prioritize and invest in digital assets to get the upper hand when enhancing financial transparency, public safety, and national security.
ECB Advisor Defends Amazon’s Role in Digital Euro Project
The European Central Bank (ECB) is collaborating with five firms to test “user interfaces” for the central bank digital currency (CBDC).
Brexit Border Issues Solved by Blockchain? The EU Has Doubts
ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union.
EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.
Cardano's Goguen Rollout Could Directly Compete with Ethereum with its New Smart Contract Implementation
Cardano’s Goguen era, which marks the next period after Shelley, will be the era of implementing smart contracts and enabling decentralized applications (Dapps) on the network. The Goguen era is Cardano’s third development phase, which is expected to start in the third quarter of 2020 with the release of its testnet.
Ethics of Web3 Discussed at Paris Blockchain Week
The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.
A 200 ETH Pre-Mine Address Was Activated After 8.5 Years
The reactivation of a dormant Ethereum address with 200 ETH highlights a trend of similar incidents amid Ethereum's volatile market. This raises questions about long-term investor strategies and market dynamics.
Brazil's largest private bank Launches Crypto Trading Platform in Brazil
Brazil's largest private bank, Itaú Unibanco, has launched a cryptocurrency trading service, offering Bitcoin and Ethereum trading, with plans to expand further.
Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume
The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.
EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products
Brazil-based global digital asset management company Hashdex announced on September 1 that it has been approved to list its exchange-traded product (ETP) in the European Union.
Azuki Community Demands Legal Action Against Founder Zagabond Over Alleged 'Rug Pull' and Calls for 20,000 ETH Refund
In the volatile realm of the NFT world, controversy is often an inherent part of the game. Recently, a significant dispute has surfaced involving the Azuki team and its founder, Alex Xu, popularly known as Zagabond.
Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC
Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.
European Central Bank is Consulting the Public on CBDC
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues
Ethereum's Shanghai upgrade has led to concerns among investors, particularly regarding a potential sell-off of tokens unlocked after the upgrade, causing uncertainty in the market. Meanwhile, Bitcoin's dominance rate continues to rise and is currently at the highest level since July 2021.
Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion
The total value locked in Ethereum 2.0 has hit a new all-time high, showing the trust in the network's future amid high gas fees.
SSV Network Founder Drafted; Assurance of Continued Operations Given
The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.
Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?
Following the technical underpinnings of Polkadot in Part 1, Jack Platts, Head of Collaborations Web3 Foundation reveals their effort towards the goal of decentralized web! He also explained the governance and technical challenges in achieving a decentralized web!
Azuki's Twitter Account Hacked, Over $750,000 Stolen
Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes.
Ethereum (ETH) Price Analysis - March 25, 2021
Stratis, a company based in London that provides blockchain-as-a-service (BaaS) to eliminate the complexities associated with launching a decentralized chain, announced that it was now interoperable with Ethereum. Meanwhile, how is Ether performing on the market?
What Will Cryptocurrency Speeds Look Like in 2020?
Each year, more people are converted to the benefits of cryptocurrency. Some are spurred to make the change from traditional fiat currency based on the security and safety features that are present in the blockchains. Others are increasingly convinced it's the future of finance by the transaction speed that cryptocurrency offers.
Binance Expands AI-Powered NFT Generator Bicasso
Binance, the world’s largest cryptocurrency exchange, expands its NFT artificial intelligence service Bicasso globally after a successful test in Europe.
Chainlink Price Analysis: LINK Struggles to Retest Previous Highs
The Ethereum-based token has seen a steady downward spiral but not low enough to break its $6.79 support level.
Ether Surges Ahead of Bitcoin and Sets the Record for 2020
Ether underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs.
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance confirms support for Optimism (OP) network's upgrade and hard fork on January 12, 2024, enhancing Ethereum's Layer 2 scalability and efficiency.
FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security
FTX Japan has introduced a blockchain-based Proof of Solvency (PoS) to ensure the transparency and security of its customer's assets. The PoS, announced on September 28, 2023, by COO Seth Melamed, enables the objective verification of asset management, allowing customers easy access to verify their balances. The details of PoS will be published weekly on the Ethereum blockchain, marking a significant step towards enhancing trust and transparency in the cryptocurrency ecosystem.
Ethereum Tests $2,000 before Retreating for the First Time since May 31
Ether rose 2% to $2,030.50, topping $2,000 for the first time since May 31, as investors are looking forward to the upcoming Merge upgrade of ETH in September with a positive sentiment.
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.
Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.
American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens
To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank has partnered with Bakkt.
Ethereum Transfer Demand Increases as Average Gas Fees Hit a 3-Month High
The Ethereum network has been experiencing high demand, as evidenced by an uptick in transfers and average gas fees.
Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.
Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI
Oxford University and the MRC Brain Network Dynamics Unit have discovered a new principle of brain learning called "prospective configuration," suggesting the human brain has a superior learning mechanism compared to AI systems. Future research aims to develop learning algorithms.
EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation
The European Parliament has voted in favour of leveraging blockchain technology for tax compliance, with a majority of 566 out of 620 members backing the motion.
Ethereum's Vitalik Buterin Teases "Soulbound Tokens" for Decentralized Society
In projecting what the future holds, Vitalik Buterin, the face of the project has teased about the emergence of “Soulbound Tokens (SBTs).”
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet
Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG said it will add Bitcoin and Ethereum to its balance sheet.
Deutsche Bank says Bitcoin Is too Important to Ignore
Per a new Deutsche Bank report, Bitcoin's growing market cap has made it impossible to ignore.
Investors Double Down on Derivatives Market as Bitcoin Futures Contracts Hit New All-Time High
The derivatives market is growing as the open interest has surged to a new all-time high of $20 billion across major exchanges.
Amun AG: What are the Top Valuation Approaches for Altcoins?
We continue to explore the top Bitcoin valuation approaches stated in Part 1, which include NVT, NVRV, NVHR, Cost of Mining and Active Address method. In addition, we also looked at the field of altcoin valuation, including Ethereum, top privacy and payment coins.
Ethereum Co-Founder Vitalik Buterin Donates 50 ETH
Vitalik Buterin donated crypto to Turkish disaster aid.
ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress
The European Central Bank's Rulebook Development Group is enhancing the digital euro framework, focusing on operational models, technical architecture, and participant rights for seamless integration into the financial system.
Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage
Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.
ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.
The Merge is Complete: Ethereum
The upgrade - known as the Merge - has shifted Ethereum into a more environmentally sustainable framework by reducing Ethereum’s energy consumption.
European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions
The European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.
Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.
Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi
New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.
Ethereum Hits 6-Week High amid Addresses in Profitability Surging
Ethereum reached highs of $1,770; a scenario has last seen on June 10 as more momentum continued trickling into the network.
First Shadow Fork Launches on Ethereum Mainnet,Transition to PoS Gains Steam
The move from proof-of-work (PoW) to proof-of-stake (PoS) known as the merge attained a landmark achievement after the first shadow fork went live on the Ethereum (ETH) mainnet.
Thai Political Party Proposes $300 Digital Currency Stimulus
The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.
Coins Making The Biggest Moves in The Market Today: NXM, HBAR, and ENJ
This piece profiles three of the coins making the biggest move in the market today. These cryptocurrencies include NXM, HBAR, and ENJ.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
Crypto Market Roundup: Top Earners and Losers for Today
Cardano and The Graph are the top gainers today, while the performance of Shiba Inu and IoTex hit the worst to become the biggest losers today.
Ethereum Price Could Fall to $1,750 Over Next Three Days
After failing to hold above $1,900, our price analysis indicates ETH could continue trending downwards over the next three days.
SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application
The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.
Bitcoin Outperforms Ethereum and Cardano as the Crypto Market Recovers
As the top three cryptocurrencies continue on their recovery, Bitcoin appears to be showing more impressive momentum than ETH and ADA.
Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe
Bank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.
Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021
Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.
Ethereum is Experiencing Consistent Supply Depletion Due to Massive Exchange Withdrawals
Ethereum is leaving crypto exchanges, causing a huge supply deficit.
EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why
EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.
Crypto Market Consolidation and Key Trends in Q2 2023
Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively.
Ethereum Co-Founder Vitalik Discusses Worldcoin's Biometric Proof of Personhood
Ethereum's Vitalik Buterin explores Worldcoin's biometric proof-of-personhood, discussing its potential value, applications, and challenges such as privacy, accessibility, and centralization.
Are Blockchains Becoming Centralised?
Envisioned to be decentralised, peer-to-peer systems, public blockchains are becoming centralised, creating an identity crisis for the blockchain community
Digital Euro is Designed to "Protect Consumer Privacy"- says ECB Board Member
ECB Board Member Fabio Panetta said Digital Euro will offer a good level of privacy to consumers.
Ethereum Supply on Exchanges Diminish to 12%, Signifying a Holding Culture
Despite retracing from an all-time high (ATH) price of $4,860 recorded earlier this month, Ethereum supply on exchanges continues to nosedive.
Ethereum Spikes to New ATH Following Massive Short Squeeze
Ethereum has printed a new all-time high as the futures market sees forced liquidations.
Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation
Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.
Rated Labs Secures $12.888 Million in Series A Funding
Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its existing product line.
Binance Integrates Ethereum on zkSync Era Network
Binance integrates Ethereum on zkSync Era network, improving security with zero-knowledge cryptography. Deposits and withdrawals via "Deposit Crypto" take 24-hours due to zkSync Era Finality procedures.
CME Group Rolls Out Ether Options for Upcoming Merge
CME Group, a leading derivatives marketplace, has launched the options of Ether futures, given that the much-anticipated merge has been pushing demand.
Crypto.com Announces Suspension of Ethereum Transactions During POS Merge
The Cypto.com exchange stated that its services fully support the Ethereum merger, and announced that it will stop the deposit and withdrawal of ETH and all ERC20 tokens on the Ethereum mainnet during the week of the merger on September 15 next month.
Ethereum’s Daily Active Addresses Surpass Bitcoin for the First Time in Crypto History
ETH made history by surpassing Bitcoin’s daily active addresses, as acknowledged by crypto analytic firm Santiment.
Trader Spends $118k in Ether on Memecoin
A single trader has spent $118,000 in gas fees on the Ethereum network to purchase $155,000 worth of memecoin called Four (FOUR). The trader paid $119,157 in Ether (ETH) for a Uniswap trade of 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The rise in gas fees has caused debates in the crypto community over its impact on mass adoption.
Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC
Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC.
ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro
Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).
Ethereum Supply Slowed after ‘the Merge,’ Will It Drive Investment Narrative?
Ether might become deflationary when the coins from block subsidy are lower than those burned. Also, ETH will become a deflationary asset when more people transact with the coin than those who stake it.
Teucrium Trading Submits Bitcoin Futures ETF Application to SEC
ETF provider Teucrium Trading submitted an application Thursday for an exchange-traded fund (ETF) for tracking the futures of Bitcoin (BTC) to the US Securities and Exchange Commission (SEC).
Dubai-Based Asset Advisors Enables Clients to Purchase Real Estate with Bitcoin and Ethereum
Purchasing real estate property with cryptocurrencies is becoming more of a reality, especially in Dubai.
Hacker Steals $950,000 from Crypto Vanity Address as Exploits Continue
$950,000 in worth of cryptocurrencies are stolen afresh from vanity Ethereum wallets. Anyone using the Profanity tool to generate their addresses is at risk
Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.
Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC
The Reserve Bank of Australia has partnered with leading Australian banks and ConsenSys Software to explore wholesale CBDCs and distributed ledger technology (DLT).
DappRadar—What is the Dapp of 2019?
In the second part of our exclusive interview with Skirmantis Januskas, CEO and Founder, DappRadar - we discuss Ethereum’s transition to proof-of-stake, the growing Dapp ecosystem and the DeFi revolution instigated by MakerDao.
ECB Member Says Should not Treat Banks as “Endangered Species” in CBDC Plans
ECB Governing Board member Jens Weidmann does not want banks to be pampered concerning CBDC development to fuel competition.
SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency
The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.
There Would Be No Bull Market If There Was No Bear Market...
Daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks.
Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio
Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional investors and the first for European investors.
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.
Ethereum ERC-4337 Account Abstraction Grant Round Recipients Announced
The Ethereum Foundation has awarded grants to 18 teams in its ERC-4337 Account Abstraction grant round, supporting projects focused on ERC-4337. Notable recipients include ZeroDev Kernel, Skandha Bundler, and MynaWallet, which integrates with the Japanese Government-Issued ID Card. These grants promote modularization, diverse blockchain applications, and enhance the Ethereum network's capabilities.
ETH and XRP Price Analysis: November 25, 2020
Following an impressive week-long growth, ETH and XRP are now slowing their paces. This piece explores the TA behind the current price dip.
Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m
In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.
Ripple CTO Regrets Selling Ether for $1 Each, Missed Out on Millions as ETH Looking Bullish
Ripple chief technical officer (CTO) David Schwartz disclosed that he previously had 40,000 Ether in his possession, but that he liquidated it in 2012.
Ethereum Retests Support as ETH Whales Remain Patient While Altcoin Market Slumps
In the past 24 hours, the cryptocurrency market has faced a steep correction, with Bitcoin (BTC) losing over 3%, and Ethereum (ETH) dropping over 5%.
Ethereum’s Network Revenue Shot up by 1,777% Last Annual Year
Ethereum network revenue rose 1,777% from $231.41 million to $4.34 billion, according to market insight provider Bankless.
60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?
Ethereum's circulating supply has been limited because 60% of it has remained stagnant for more than a year, according to EthHub co-founder Antony Sassano.
Coinbase Plans Expansion into Europe amid Market Downturn
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has announced its plans to expand its operations in the European Union and the United Kingdom despite the ongoing market downturn.
ETH, XRP, BCH See Bullish Gains, But Still a Far Cry from All-Time Highs
Bitcoin and the top altcoins ETH, XRP, and BCH has seen impressive surges in recent times but the latter three still has a long way from beating their ATH records
Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT
Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”
Circle Launches Circle Research with Perimeter Protocol
Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.
Bakkt to Allow Customers Trading ETH on Digital Asset Platform, Move Beyond Bitcoin Offerings
Bakkt is seizing opportunities to move beyond Bitcoin service offerings.
Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality
Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.
Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH
An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.
Hard-fork to be Deployed Within 24 Hours of The Merge: Ethereum POW
EthereumPoW (ETHW), the splinter of the proof of work from the Ethereum blockchain, announced its plan to launch a hard-fork mechanism within 24 hours after the Merge.
EU Probes AliExpress, LinkedIn Over DSA Compliance as AI Act Passes Parliament
The European Union scrutinizes AliExpress and LinkedIn for Digital Services Act adherence, concurrently with the parliamentary approval of the Artificial Intelligence Act.
Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low
The daily net issuance in the Ethereum network continues to drop, signifying a supply deficit.
Ethereum Network Continues to Expand as Non-Zero Addresses Hit ATH
Ethereum has been experiencing notable expansion in its networks as new addresses continue scaling heights.
Fireblocks Integrates Astar Network, Boosting Secure DeFi Access for Institutions
Fireblocks has now incorporated Astar Network. With the new integration, over 650 banks and financial institutions can now tap into Astar's thriving DeFi ecosystem, as well as trade, swap, and lend digital assets on Astar via Fireblocks.
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.
Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities
According to a recent report by Guardia Civil, Spanish authorities arrested several individuals involved in illicit crypto-driven child porn activities. Within the Kiru criminal operation ring, a man was detained for abusing his stepdaughter and using her to generate content for an illegal child porn website. Digital payouts were then made to an offshore account.
Reversing Censorship on Ethereum
Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.
$46 million in ill-gotten crypto on the move again
The Wormhole hacker transferred another $46 million to MakerDAO to take advantage of arbitrage profits.
Ethereum Price Retraces Below $1,100 With Plunging Crypto Market, Is ETH's Bull Run Over?
Ethereum is down more than 18% since yesterday, as the ETH dropped below the $1,100 price level. ETH is currently trading near $1,050. Where to next for the Ethereum price?
Burnt Ethereum Edges Closer to a Billion-Dollar Value
After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.
German Policymakers Cannot Accept Facebook’s Libra
The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.
Ethereum All Core Developers Execution Call Number 181 Summary
Ethereum developers discussed the Dencun upgrade and various EIPs for the Pectra upgrade in the ACDE Call #181, aiming for network improvement and efficiency. Key points include the preparation for Dencun's mainnet activation, proposals for enhanced security and gas cost efficiency, and strategic planning for future upgrades.
US SEC Approves Third Bitcoin Futures ETF Application from Teucrium
The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.
DeFi Grows as Total Value Locked Tops $50 Billion
The Total Value Locked in DeFi has topped $50 billion for the very first time, continuing the positive rally started this year.
10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.
Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.
TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries
Alchemy Pay partners with TrueUSD to enable direct crypto purchases via fiat in 173 countries, enhancing accessibility and transparency in the crypto industry.
Has Ethereum Underperformed Against Bitcoin? Here’s What the Data Says
Ethereum’s price has been underperforming Bitcoin lately, but it is still currently trading above its key support level at $600. What's next for ETH?
Ethereum Exchange Inflow Volume Hit a Monthly Low of $34.27 Million
According to digital asset firm Glassnode, Ethereum exchange inflow volume reached a 1-month low of $34,277,495.88.
US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe
Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.
How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires
The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.
Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.
Binance Scores Big Win as Newly Licensed Exchange in Italy
Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM).
Ethereum Fees Have Grown 10-Fold Since Q4 2020, Showing High Demand and Willingness to Pay
Gas fees in the Ethereum network have increased ten times since the fourth quarter of 2020.
German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading
Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.
Bitcoin Price Consolidates as Ethereum Price Surges to Hit All Time High
The Ethereum price finally surpassed its all-time high and peaked at a price of $1,432 yesterday, while BTC remains stagnant. Does this mean the Bitcoin bull run is over?
Ethereum Devnet 10 Testing Paves Way Towards Mainnet
Recent devnet 10 testing on Ethereum revealed a stable network under normal conditions, although some bugs were identified. Stress-testing exhibited increased CPU and RAM usage on some clients. The conversation around forking timelines for testnets and transitioning to mainnet was initiated, with more discussions to follow in the upcoming ACDC meeting on November 9.
Ethereum Team Leader Critiques University's Apathy Towards Crypto Education
Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.
VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild
VanEck has announced a 10-year commitment to donate 10% of its Ethereum ETF profits to Protocol Guild, supporting Ethereum's core protocol development. This pledge precedes the anticipated launch of the EFUT ETF, set to bolster mainstream Ethereum adoption.
Vitalik Buterin Presents Ethereum 2.0: The Three Things You Need to Know
Vitalik Buterin, having recently attended DevCon 5 held in Osaka Japan, visited Hong Kong at the Hong Kong Jockey Club University of Chicago Academic Complex, at an Ethereum Meetup hosted by the Polsky Center for Entrepreneurship and Innovation at The Hong Kong Jockey Club University of Chicago Academic Complex | The University of Chicago Francis and Rose Yuen Campus in Hong Kong along with the Fintech Association of Hong Kong.
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.
Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations
With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.
February 18, 2021: Crypto Price Analysis for BTC, ETH, and DOT
As BlackRock has announced its intent to "dabble in Bitcoin", the cryptocurrency has continued its surge, along with Ethereum (ETH) and Polkadot (DOT).
Cause for Concern? Ethereum's 15 Minutes of Extreme Volatility Explained
Ethereum’s price on the crypto market underwent a lot of fluctuations in the span of 15 minutes yesterday, causing quite a stir in the crypto community.
Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked
Electroneum is a mobile cryptocurrency that is making serious strides with mass adoption and real-world use in developing nations.
Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs
A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.
Ethereum's Vitalik Buterin Considers Creating App Store After Google Demands 30% Cut
Ethereum founder, Vitalik Buterin considers competing with Google Play and Apple's App stores dominance.
FTX/Alameda's Crypto Portfolio Valued at $1.19 Billio
Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto market experiences a bull run, these holdings, including BTC and ETH, could significantly influence the bankruptcy outcome.
Ethereum’s Price Could Reach $20,000 in This Bull Cycle According to Metcalfe’s Law, says Wall Street Veteran
According to the Real Vision Group CEO, Raoul Pal suggests that Ethereum could have the same price potential as Bitcoin.
European Investment Bank to Harness Blockchain Technology for Bond Sale
The European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.
MIT Sees Ethereum’s PoS as Game Changing Tech
The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.
EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum
The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network. Other projects have also been prioritizing EVM compatibility, including Astar Network's smart contracts and Polygon's zkEVM.
A High Correlation Regime Between Bitcoin and Ethereum Persisted Since 2018
Bitcoin (BTC) and Ethereum (ETH) have had a strong correlation since 2018, despite the emergence of a new bull run last year, as acknowledged by crypto data provider Skew.
Ethereum's Median Fees Drop by 88.7%,Hitting a Two-Month Low
Ethereum traders have a reason to smile because transaction fees dropped from November highs of $34.19 to $3.84 per transaction, representing an 88.7% decline.
Ripple Files Response to SEC’s Lawsuit, Demands to Know Why Bitcoin and Ethereum Are Not Securities
Ripple drags BTC and Ethereum into the SEC lawsuit over XRP's status, demanding an explanation as to why the two leading cryptos are not classified as securities.
Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion
The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.
Altcoins Expanding DeFi Ecosystem but Can't Beat Layer 1 King Ethereum: Chainalysis
One of the major investment topics of 2021 was the alternative blockchain networks as big investors are looking beyond Bitcoin and taking a leap into Ethereum.
Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow
Burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.
Arbitrum's ARB Token Airdrop Triggers OTC Trading
The announcement of the ARB token airdrop by Arbitrum Foundation has triggered over-the-counter (OTC) trading of the unreleased tokens. ARB marks Arbitrum's official transition into a decentralized autonomous organization (DAO), giving ARB holders the power to vote on key decisions governing Arbitrum One and Arbitrum Nova. The airdrop will grant 11.5% of the total supply to eligible Arbitrum users and 1.1% to DAOs in the Arbitrum ecosystem.
Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge
Crypto trader Michael van de Poppe recently said that the next quarter would be good for altcoins.
PancakeSwap (CAKE) Launches V4 with $500,000 Developer Program to Enhance DeFi Ecosystem
PancakeSwap V4 debuts with a substantial $3M CAKE token airdrop, introducing innovative features and significant gas cost reductions for its users.
Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments
The Australian regulator, ASIC has issued a stop order, halting three major funds linked to Holon Investments
With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest
BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
Ethereum Hits New All-Time High as More Participants Join the ETH Bandwagon
Ethereum has soared to a new all-time high of $2,159.30.
Overthrowing Bitcoin? Charles Hoskinson Says Cardano Set to Become the Next Best Crypto
In his latest Periscope video, Charles Hoskinson, the creator of Cardano, once again emphasizes that the smart contract platform would become technologically superior to leading networks like Bitcoin and Ethereum or any other blockchain in the industry this year.
Time Magazine to Start Accepting ApeCoin
Time Magazine made an announcement via Twitter that it will start accepting ApeCoin in the coming weeks.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Ethereum's Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
Ethereum (ETH) scaled the heights in 2021 by generating revenue to the tune of $9.9 billion thanks to a couple of use cases on its network.
Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto
While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
Ethereum Exploded by More than 17.4% over the Weekend as Transaction Fees Recorded 205.99% Monthly Growth
New data by on-chain data provider Santiment reveals that the uptrend over the weekend made Ethereum increase by more than 17.4%.
Starknet v0.13.1 Launch: Embracing EIP-4844 for Lower Costs and Enhanced Stability
Starknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet's evolution.
Immutable's zkEVM Marches Towards Mainnet with a Series of Milestones
Immutable progresses towards the Mainnet launch of its zkEVM, underpinned by a series of strategic milestones and a growing gaming ecosystem. The journey encompasses a testnet launch, re-genesis, the imminent mainnet release, and future dedicated app chains and prover integration, setting the stage for a robust gaming arena on the Ethereum blockchain.
Altcoins ETH, AAVE Sees ATH Price Rallies, XRP Prays For SEC’s Deliverance
While Bitcoin and altcoins Ethereum and Aave have recently recorded ATH prices milestones, XRP would rather prefer just be free from the SEC than pursue ATH in price
Ethereum HODLers Taking Profit After Impressive Run to ATHs
Ethereum price is dropping as investors takes profit after a recent run to an ATH above $4,000
Microsoft Signs Multi-Billion Dollar Deal with Nvidia-Backed CoreWeave, Former Ethereum Miner, for AI Computing
According to CNBC, Microsoft is set to expand its footprint in the artificial intelligence (AI) sector with a multi-billion dollar deal with CoreWeave, a cloud computing startup once known for its Ethereum mining operations.
Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected
One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.
Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals
The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.
Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty
With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.
Ethereum Under Potential SEC Scrutiny after The Merge: WSJ
Ethereum's latest software update may have caught the Securities and Exchange Commission chair's attention to categorize the second-largest crypto as a security.
Fidelity Investments Unveils Plans to Expand Business by Hiring Crypto Savvy Staff
Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, is set to onboard additional hands as it prepares for the growing demand in the digital assets ecosystem.
Ethereum Miner Addresses Hits 4-year High Ahead of the Merge
Ethereum miner addresses have continued to grow and are now at a 4-year high according to on-chain data
Elon Musk Thinks that Bitcoin and Ethereum Prices Are Too High after Cryptocurrencies Hit Record High
Billionaire Elon Musk has been heavily quoted in the cryptocurrency industry lately, as the Tesla CEO recently made it publicly known that he too, holds Bitcoin.
BlockSec Launches Phalcon Fork for Collaborative Testing on Ethereum Mainnet
Blockchain security firm BlockSec has launched Phalcon Fork, a toolkit that enables collaborative testing on private chains forked from arbitrary transaction positions and block numbers on the Ethereum mainnet. The toolkit offers greater control over testing, analysis, and debugging on testnets, with features such as snapshots and a faucet for acquiring free fork network Ether. The Phalcon Fork user manual touts advantages over traditional solutions such as Goerli, including retaining services and states from the mainnet and maintaining full control over block information.
Google Takes Concerted Steps to Conform to EU's Digital Services Act
Google is preparing to comply with the European Union's Digital Services Act (DSA), targeting platforms and search engines with over 45 million monthly users. The DSA mandates transparency, reporting of criminal offenses, and user-friendly terms and conditions for VLOPs and VLOSEs.
Three Worst Hit Altcoins by the Current Market Onslaught: ETH, NEXO, and XMR
Amidst the ongoing onslaught, this piece analyzes three altcoins that are worst hit by the correcting prices. The selection is based on the top 100 coins listed on CoinMarketCap.
Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum
Cardano founder Charles Hoskins recently shared a file on his Twitter feed that outlined how the upcoming Goguen update will implement smart contracts using an extended UTXO purported to offer the best features of both the Ethereum and Bitcoin blockchain record keeping models.
Cameron Winklevoss is no Longer a Director at Gemini Europe - Report
Gemini Co-Founder Cameron Winklevoss is no longer a Director in the European offshoot
Will We See Increased Institutional Adoption of Ethereum in 2021? ETH Hits Yearly High of $700
Ethereum has crossed the $700 mark to record highs that have not been seen since 2018.
ETH Holdings on Exchanges Drops Below 18% in 31 Months
ETH holders are still confident that an uptrend is in the offing as they have been withdrawing their holdings on crypto exchanges in droves, as acknowledged by crypto analytic firm Santiment.
European Central Bank Hikes Interest Rates in Surprise Move, Bitcoin Remains Steady
The European Central Bank (ECB) on Thursday increased its benchmark rate from -0.5% to 0%. Crypto market remains steady, Bitcoin stands firm above $23K level during the Asia trading section.
1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions
1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution.
Meitu Invests Another $10 Million in Bitcoin
Meitu, a Chinese app developing company, has announced another purchase of Bitcoin.
Ethereum is Getting Closed to Being Completely Censored Because of OFAC Regulations
Ethereum is becoming more compliant with OFAC sanctions per on-chain data
Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President
Ukrainian President dismissed regional military recruitment heads for corruption involving cryptocurrency and cash. Law enforcement opened 112 cases.
Ethereum Price Rally to Continue as Over $529 Million Staked Ahead of ETH 2.0 Launch
In anticipation of the Ethereum 2.0 Phase 0 launch, an enormous amount of Ethereum has already been staked for its deposit contract as part of the PoS network.
Ripple Head of DeFi: "25% of Value in DeFi Will Run on Networks other than Ethereum by End of 2021"
Ethereum has surged and recorded a new all-time high, and many seem to attribute its success to DeFi’s ever-growing ecosystem.
Ethereum’s Price to Move Higher to Follow Bitcoin’s Bullish Uptrend as Support Levels Secured
Ethereum’s price has not been performing as well as Bitcoin’s price recently, as BTC has seen strong rallies in the past 48 hours.
Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption
Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.
$3.5M of Stolen Crypto Linked to KuCoin Hack Moved
On-chain data analytics have reported that KuCoin hackers have been on the move lately, as a total of $3.5 million of stolen funds were transferred.
Binance Debunks Claims Exchange Aided Money Laundering
Crypto exchange Binance denied all allegations of facilitating around $2.4 billion in illicit funds from world-acclaimed criminal organizations like Lazarus Group and Hydra.
Italian Authorities Bust Illegal Ethereum Mining Activities Using Airport Computers
Airport officials working at Italy’s Lamezia Terme International airport have nabbed a 41-year-old technician for unlawfully mining Ethereum using the airport computers.
Crypto Price Today: Bulls Pull Bitcoin Above $57K, Ethereum Rises and Altcoin Market Loses Stream
In today’s market, Bitcoin surges further while most altcoins see the price decline. Some crypto analysts have explained the reasons behind such latest trends.
Crypto Group ConstitutionDAO Plans to Refund Money and Shutdown, after Losing Auction
After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organisation ConstitutionDAO is planning to shut down after refunding the money it raised.
Crypto Market Recovers Slightly but Addresses Still in Loss
Despite the obvious cryptocurrency gains seen in the market today, the road to full recovery and profit-taking is still far.
Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded
Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”
Charles Hoskinson Changes Ethereum Classic Twitter Account to Ergo's
Charles Hoskinson, the blockchain leader known as one of the key figures responsible for creating Ethereum Classic and Input Output Hong Kong (IOHK), the parent company of Cardano recently converted the Twitter account of Ethereum Classic ( ETC) to that of Ergo Proof-of-Work network on the 6th of October
Vitalik Buterin Analyzes Ethereum's Layer 2 Solutions
On October 31, 2023, Vitalik Buterin discussed Ethereum Layer 2 ecosystem, highlighting trade-offs between Rollups, Validiums, and Disconnected Systems, securing and scalability, pre-confirmations, trustless Ethereum interactions, and potential chain transformation into Validium.
Ethereum's ACDE 171 Paves Way for Devnet Launches and Private ETH Transfers
The Ethereum developer community discussed various updates in the 171st ACDE meeting held on September 28, 2023. Key topics included the launch of Dencun devnets, EIP-4788 contract bytecode audits, the re-launch of Holesky, a new proposal for private ETH transfers (EIP-7503), and a small amendment to EIP-6780 concerning the SELFDESTRUCT operation. These discussions indicate a proactive approach towards enhancing Ethereum's network ahead of the next ACDE meeting on October 12.
Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
Blockchain Can Make Patients Profit From Personal Health Data
Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.
Ethereum Alert: High Win Rate ETH Whale Eyes New Trading Opportunity After Experiencing First Loss
High win rate Ethereum whale transferred 6.3 million USDT to Binance, sparking speculation about new buying opportunities after a loss in August.
Ethereum Price Set to Reach $2,000 When the Correction is Over, Altcoins to Outperform Bitcoin
Cryptocurrency trader commented on the outlook for ETH, saying once the correction is over, Ethereum’s price could head towards $2,000
Ethereum’s Growth Hit 1.53M New Addresses per Month in 2021
Ethereum capped 2021 on a high with a 399% annual return. This significant run can be linked to the fact that more participants joined the ETH network at a rate of 1.53 million new addresses monthly.
European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects
On July 3rd, Europe's blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April.
Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees
On-chain metrics provider Santiment attributes the current ETH uptrend to a drop in Ethereum’s average fees.
Binance Launches Mining Pool for ETHW Protocol
Crypto exchange Binance has announced the launch of the mining pool for the Ethereum Proof-of-Work (ETHW) protocol.
Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction
Binance exchange is still serving nonsanctioned Russian users according to one of its Executives
ConsenSys Reveals How the Ethereum Network Weathered the COVID-19 Pandemic Market's Flash Crash on Black Thursday
While much debate has raged about the state and action of crypto’s main player Bitcoin, new insights generated using ConsenSys’ analytics suite, Alethio have revealed how Ethereum has endured the evaporation of liquidity in the global markets.
Swedish Central Bank Delays CBDC Plans Again
The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.
Ethereum Hit 1 million Daily Transactions since May 2018
As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018.
Hong Kong SFC Chief Executive: New Guidelines for Crypto Trading Platforms Prioritize Investor Protection
The Hong Kong Securities and Futures Commission (SFC) announced that the upcoming guidelines for operators of virtual asset trading platforms will place investor protection at the forefront.
Upbit Exchange Hacked For 50 Million Dollars in Ethereum
CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.
Binance Plans to Halt Ethereum Deposit and Withdrawals During The Merge
The largest crypto exchange in the world by trading volume Binance has announced that it will be halting the deposit and withdrawal of ETH and ERC-20 during The Merge slated for Sept 15
2% of Ethereum Supply Is Now Staked in ETH 2.0 Deposit Contract
Amid the notable uptrend it experienced in recent weeks, 2% of Ethereum's total supply is now staked in ETH 2.0 deposit contract.
New Depositors of Ethereum 2.0 Hits All-Time High of 1,368
Confidence in the Ethereum network continues to grow given that the number of new depositors to the ETH 2.0 contract hit an ATH of 1,368.
NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.
VanEck Announces Launch of Ethereum Futures ETF (EFUT)
VanEck announces the launch of VanEck Ethereum Strategy ETF (EFUT), targeting Ethereum futures contracts for capital appreciation. EFUT, listed on CBOE, complements VanEck's Bitcoin ETF (XBTF) with a tax-efficient structure.
Ethereum's Average Gas Fees Hit a 3-Month Low
The average gas fees on Ethereum have hit a 3-month low, below $10.
IKEA Permits Invoice-Payment through Ethereum Blockchain
IKEA recently permitted an invoice to be paid from Nordic Strore through the Ethereum blockchain.
Ripple XRP Expands European Presence with University Blockchain Research Initiative
Ripple has expanded its University Blockchain and Research Initiative in Europe, incorporating Trinity College Dublin, EPITA, IE University, and University of Trento. The initiative aims to nurture blockchain leaders and align with Europe's goal to become a global crypto hub. IE University will organize a virtual asset regulation workshop.
Ethereum Address Activity Continues Scaling the Heights
Ethereum has been experiencing an uptick in address activity, which has been instrumental in propelling notable momentum.
Visa Rolls Out Creator Program to Empower Artists with NFTs
Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).
Vitalik Buterin Shares Opinion On Crypto Regulation
Ethereum co-founder Vitalik Buterin on Sunday, shared his opinion on crypto regulation, expressing that he is happy exchange-traded funds (ETFs) are getting delayed.
Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.
Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees
By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.
Ethereum Still Undervalued Says Winklevoss as ETH Price Rally Continues Above $1,550
The Ethereum (ETH) price has again surged to a new all-time high of $1,550 but is still undervalued according to Gemini digital asset exchange founder Cameron Winklevoss.
Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
Bitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
Sushi Goes Live on Blast, Revolutionizing DeFi with Layer 2 Yield Innovation
Sushi has expanded into Ethereum's Layer 2, launching on Blast to offer users enhanced yield opportunities and reduced gas fees.
Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In
Bitcoin and Ethereum bullishness are back as more big-money bets keep flowing into cryptocurrencies.
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.
Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows
Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether that can be minted within a 24-hour timeframe.
Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain
Expansion into the Ethereum blockchain is set to enable Magic Eden to integrate Ethereum NFTs into its platform.
Russia largest bank is moving forward with the plan
Sberbank, Russia's biggest bank, will begin open DeFi platform testing in April 2023.
Polygon and Google Cloud Partner for Ethereum Scaling Tools
Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol's infrastructure and tools. Google Cloud's framework and developer tools will benefit Polygon's core protocols and simplify developer integration to build, launch and grow Web3 products and decentralized applications (DApps) on Polygon. The partnership is expected to advance Polygon's zero-knowledge development, resulting in faster and cheaper transactions. Polygon will use Google Cloud's Blockchain Node Engine to remove the need for Polygon developers to configure and run Polygon PoS nodes.
Ethereum Surges Past $700 for the First Time since 2018, ETH Supply on Exchanges Diminishes
New data by Santiment reveals that the current ETH price rally has not been witnessed since May 19, 2018 as supply on exchanges sink to a 1.5-year low.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
NYSE Arca proposes rule change for Bitwise Ethereum ETF listing and trading under Rule 8.201-E, allowing exposure to ether value and establishing Net Asset Value.
Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment
Legacy Healing Center, a US-based addiction treatment centre in Florida and New Jersey, aims to open the doors to more people seeking treatment by accepting Bitcoin (BTC) and Ethereum (ETH) as valid forms of payment.
Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021
With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.
Bitcoin Pares off its Weekend Gains as Altcoin’s Growth Slows
Bitcoin has negatively toppled its growth as the trend slows down the growth of altcoins.
OKX Ventures Invests in Orbiter Finance's Decentralized Layer 2 Protocol
OKX Ventures invests in Orbiter Finance, a decentralized cross-Layer 2 protocol on Ethereum, aiming to redefine blockchain infrastructure and enhance decentralization.
European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.
Ethereum co-founder Vitalik Buterin Proposes Signature Reduction
Ethereum co-founder Vitalik Buterin proposes reducing the number of signatures for validators in the PoS system to simplify the system, address technical issues, and enhance network security.
Microsoft Fights Piracy by Using Ethereum Blockchain
Microsoft is debuting Ethereum based Argus system to fight piracy concerns
Ethereum Cracks Record-High of $1.8K amid CME ETH Futures Listing and Bitcoin All-Time High
Ethereum, the second-largest cryptocurrency by market capitalization, has broken to a record-high of more than $1,800, increasing by 10% in the past 24 hours.
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.
Mr Dark's Depraved Rape and Child Porn Site Brought Down by Blockchain Analysis
A Dutch national has been indicted by a federal grand jury in the District of Columbia for operating a depraved and violent pornography site featuring minors and sexual assault. Michael Rahim Mohammed, known as Mr Dark, allegedly profited around $1.6 million which was paid in cryptocurrencies like Bitcoin and Ethereum.
82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000
Ethereum has yielded an annual return more than five times that of Bitcoin.
Ethereum staking volume surpasses withdrawal volume post-Shapella upgrade
After the successful Shapella upgrade, Ethereum's staked ETH volume has surpassed the withdrawal volume for the first time. According to data from Nansen, more ETH is currently being staked than withdrawn, with the staking volume reaching 124,000 ETH, while the withdrawal volume is at 64,800 ETH. The majority of validators are restaking their unlocked Ether, and early withdrawals are primarily staking rewards.
Interest in Ethereum Surpasses Bitcoin as Google Searches for ETH Hits ATH
The interests in Ethereum has hit a new milestone as Google searches for the second-largest cryptocurrency by market capitalization has hit a new ATH record.
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.
Mike Novogratz Intends to Donate Most of His Bitcoin Holdings to Charity, But With a Condition
Mike Novogratz has stated that he would be donating most of his Bitcoin (BTC) holdings to charity.
The Bitcoin logo lights up Berlin
The Berlin TV Tower displayed the Bitcoin logo. German Bitcoiners tweeted images and videos of the lighting. These "advertisements" are legally illegal, so proceed cautiously.
WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal
WeStreet Credit Union has introduced a Crypto Portal, offering a secure platform for buying, selling, and holding cryptocurrencies. Initially a members-only feature since August 2023, it opened to the public in October. Partnering with a Qualified Crypto Custodian, WeStreet provides a regulated, audited platform for cryptocurrency transactions, bridging the gap between traditional banking and the digital currency sphere.
Why Cryptocurrency Massive Energy Consumption Is Extravagant?
Overblown bitcoin energy consumption is leaving an adverse impact on environmental sustainability and different opinions exist of bitcoin miner experts regarding this major concern.
Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome
Bitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Bitcoin Could Touch $100K by Year-End, Standard Chartered Analysts Predicts
Standard Chartered analysts are projecting a price top of $100K for Bitcoin by the end of this year.
Ethereum's Blobs: A Milestone in Scaling and Future Development, According to Vitalik Buterin
Ethereum co-founder Vitalik Buterin discusses Dencun hard fork activation and blobs' impact on ecosystem, discussing Ethereum's long-term scaling roadmap and future direction.
LINE to Offer BTC, ETH for Payment Options and Introduce token in March
Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March.
Ethereum is Burning at the Rate of 6.29 ETH per Minute
Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute.
Is Ethereum's Move to PoS Really an Upgrade?
Proof-of-Work is a solution to the Byzantine Generals' Problem. Ethereum's move to PoS looks more like a downgrade into previous solutions that Satoshi Nakamoto tried to avoid.
Ethereum Beacon Chain Sees Over $2 Billion Worth of ETH Withdrawn in Four Days
Over 1 million ETH, worth $2.1 billion, has been withdrawn from Ethereum's Beacon Chain within the first four days of the Shapella hard fork, with nearly 87% of active validators now able to withdraw their staked Ether. Despite initial community uncertainty about the impact of Shapella on ETH's price, the first four days have resulted in close to a 10% rise, with much of the withdrawn stake being reinvested in the Beacon Chain for interest compounding purposes.
China's Tencent Forms Alliance to Boost Blockchain Development in the Country
China remains a pacesetter in the technological landscape. The Chinese government as well as Chinese companies are all in tandem with the fight to push for a whole new world of technological dominance. This developmental posture is also true of Tencent, one of China’s technologically focused firms that announced it has formed an industrial alliance that will help promote the development of blockchain technology. The alliance is set to recruit 100 members before the end of the year to create room for wider representation.
BlockFi, Neuberger Berman Partner to Offer Crypto Asset Product Suite, Including ETFs
BlockFi and Neuberger Berman have partnered to provide new management products, including exchange-traded funds to clients. The firms aim to capitalize on investors’ enthusiasm for digital assets
Hive Blockchain Says Produced 278.5 BTC and 2,542 ETH in June
Hive Blockchain stated that it currently holds 3,239 bitcoin (BTC) and 7,667 Ethereum (ETH), after producing 278.5 BTC and 2,542 ETH in June.
Ethereum Classic Hash Rate Surges 200% Ahead of Ethereum Merge
Ethereum Classic’s hash rate has risen from 30 TH/s to 64 TH/s in the last 30 days. The surge indicates an increased mining activity on the Ethereum Classic network.
Bitcoin Gets an A, EOS Gets an F in Latest Blockchain Report
Coin Metrics, the research and analytics firm, have ranked the top ten blockchain networks through a multi-variate analysis. The results may surprise many in the community as popular developer chain Ethereum was a awarded a mere B classification while popular chains EOS and Binance Chain took positions at the bottom of the list with an F grade.
Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity
Pantera Capital predicts a bullish trend in the cryptocurrency market, highlighting Bitcoin's potential for DeFi expansion, technological advancements, and regulatory favorableness, following the anticipated Bitcoin halving event.
Ethereum Whale Addresses Are Still Hovering Around an All-Time High
Ethereum whales are on a record-breaking trend.
European Commission Blockchain Report: The 3 Key Takeaways
Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the blockchain platform or distributed ledger technology that make the currencies possible.
Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.
Ethereum Dominates European Blockchain Startup Scene
LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.
New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading
The New York State Department of Financial Services (NYDFS) approved 8 cryptocurrencies for trading, and 10 for custody by licensed entities.
Ethereum Alert: Over 10,000 ETH Moved to Binance by a Smart Whale
A smart whale transferred $20.61 million to Binance, resulting in an estimated profit of $46.15 million, indicating a lack of optimism about Ethereum's future through multiple strategic transactions.
DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication
DeWave, a revolutionary AI model, translates brain activity into text using EEG and AI, offering communication solutions for speech-impaired individuals with about 40% accuracy.
Ethereum 2.0: The Merge is Scheduled to go Live on Sept 19
Against the earlier projected August timeline, developers are in agreement on the much anticipated Ethereum (ETH) transition, the Merge to be inked on September 19.
Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool
Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.
Coinbase Sued over $350M in Damages Due to Patent Infringement
The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in Delaware federal court
Billionaire Mark Cuban Thinks Ethereum Will "Dwarf" Bitcoin, ETH Sets New Record-High of Over $2,150
Ethereum has soared to a new all-time high of over $2,150 and that has contributed in pushing the entire cryptocurrency market to $2 trillion.
Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates
US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.
EU Lawmakers Urged to Speed Up Passage of Crypto Law
Controversial provisions of the MiCA framework aim to simplify the rise of crypto businesses across the EU's 27 member nations.
Ethereum Sustains Price Above Key Support Level as Addresses With 1+ Coins Hit ATH
Ethereum is trading above the $1,800 support level as its bull run is currently fueled by retail holders.
Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.
Kimchi premium refers to when the price of BTC cheaper
CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.
Staked Ethereum Surpasses Mined ETH
Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.
Ethereum Developers Discuss Upcoming Testnet and Upgrade Plans
Ethereum's All Core Developers Consensus (ACDC) call #118 on September 21, 2023, focused on preparations for Devnet-9, the second testnet for the Cancun/Deneb upgrade. The call revealed client readiness, Dencun-related tests, EIP 4788 deployment, and a tentative launch sequence for Dencun. The call also discussed the timing of testing and the launch sequence for Dencun on different testnets. The insights highlight the community's efforts to ensure Ethereum's smooth progression.
ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.
Internet Computer to Integrate with Bitcoin and Ethereum by the End of 2022
Internet Computer has launched a roadmap for 2022, saying it will roll out the integration of Bitcoin and Ethereum by the end of 2022.
Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling
The Ethereum Foundation suffered a Sandwich attack by an MEV Bot during a 1.7k ETH transaction on Uniswap V3, resulting in a $9,101 loss. The incident spotlights the rising menace of MEV exploits and underlines the necessity for enhanced security protocols in blockchain transactions.
Ethereum (ETH) and Polkadot (DOT) Lead The New Year Crypto Bull Run
With the recent price surges seen in the market, Ethereum and Polkadot take the lead among the top ten cryptocurrencies by market cap.
ESMA Launches Key Consultations on Crypto-Asset Regulations under MiCA
ESMA conducts consultations on reverse solicitation exemptions and classifying crypto-assets as financial instruments, aiming to harmonize EU regulations with MiFID II.
Ethereum Addresses with at least 0.1 ETH Hit All-Time High as Amount Held on Exchanges Drops
Number of Ethereum addresses holding 0.1+ coins just reached an ATH of 3,716,113, according to on-chain data provider Glassnode.
Crypto Crime in London Now Goes Physical as Thieves Targets Investor's Gadgets
There is a new wave of crime in the city of London that is targeting investors in the digital currency ecosystem
EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto
The proposal could have limited the use of cryptocurrencies (such as Bitcoin and Ethereum) powered by an energy-intensive computing process known as proof-of-work.
Opinion: The Merge- Key Questions to Answer
For the upcoming Ethereum Merge, some of the issues and answers to some of the questions often come up about crypto’s biggest event.
Top 3 Altcoins to Watch This Week: ETH, MATIC, and ADA
The underlisted three tokens should be watched as the broader market keeps watch as the Ethereum blockchain transitions from the Proof-of-Work (PoW) model to the Proof-of-Stake (PoS) version
Fake Video of ECB President Lagarde Admitting to Digital Euro Control
A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figures.
Bitwise Explores ETP Offering for Ethereum Layer-2 Networks
Bitwise is eyeing an Exchange Traded Product (ETP) focused on Ethereum's layer-2 solutions, with CIO Matt Hougan confident in the ecosystem's potential.
Neuberger Berman Wins SEC Approval to Invest 5% Commodities Fund in Bitcoin Futures
Neuberger Berman has announced that its commodities fund can invest in Bitcoin futures and Bitcoin exchange-traded funds.
Ethereum’s Launch Ready for Take-Off as Deposit Contract Target Met, ETH Price Smashes $600
Ethereum 2.0’s launch is going to happen on December 1 at 12 pm, as the required number of staked Ether for the deposit contract was locked in late last night.
Expert's Take: What to Expect in 2020 for the Crypto Ecosystem?
A review of 2019 and what to expect for 2020. A startup advisor and investor standpoint.
Ethereum Price Surges as ETH 2.0 Launch Date Announced, $2 Million Ether Locked Up Within 2 Hours
After having suffered a strong dip in the past week, Ethereum managed to gain some bullish momentum and rallied to over the $400 mark.
Zksync 2.0 Goes Live, Promises Lower Gas Fees, Faster Transactions on Ethereum Mainnet
ZkSync 2.0 is a Layer 2 solution working to scale Ethereum.
US Authorities Uncover Chinese-linked Bitcoin Mining Operations
US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.
Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum
Scroll has unveiled Scroll Sessions, a groundbreaking native zkEVM Layer 2 solution for Ethereum that aims to enhance scalability and reduce transaction costs. This article provides an overview of Scroll Sessions and its potential impact on the Ethereum ecosystem.
Polygon Solutions to Ethereum Scaling Challenges: An Overview
Ethereum's scaling problem is a long-standing issue, with its steady evolution ensuring safety and decentralization. Polygon 2.0 aims to address this by enhancing Ethereum's scalability. Polygon 2.0 consists of Polygon PoS, Polygon zkEVM, and Polygon CDK, designed to be interoperable for swift cross-chain transactions. These chains, which mirror the Ethereum Virtual Machine (EVM), enable developers to develop applications challenging to achieve on account-based systems like Ethereum. Polygon Labs plans to transform Polygon PoS into a zkEVM validium, mirroring Ethereum Virtual Machine (EVM) capabilities.
The amount of ETH burned will continue to increase as transaction fees are burned
Since September 2022, traders have started withdrawing ETH from exchanges.
Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears
Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/
Crypto Market Resurgence: Two Altcoins Promising a Better Week Ahead
With weekends often characterized by bearish events, the ongoing upsurge could be evidence of a better week ahead. Should these projections be true, Ethereum and ApeCoin are the two altcoins that are likely to fuel this growth
Ethereum (ETH) and Ripple (XRP) Price Analysis
Price analysis for Ethereum and XRP amidst the ongoing crypto rallies
Ethereum Breaks $4000 for The First Time, Setting A New Record High
The world's second-largest cryptocurrency Ethereum broke the psychological barrier of $4,000 for the first time, setting a new all-time high.
Bitcoin Price Just Crashed Below $10,000—Here's Why and What's Next
The Bitcoin price just declined below $10,000 for the first time since it surged above 10,000 on July 27.
Ethereum’s Bullish Momentum Has Been Sparked by Increased Utility
Ethereum (ETH) recently broke the record by surging to the $4,400 level as this network continues to gain steam based on increased utility.
Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.
Luna Trading Draws Online Discussions in China Despite Crypto Ban
Despite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world’s most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.
NFT On-Chain Volume on Ethereum Hit $10bn Per Month
NFTs have been making headlines based on the notable growth witnessed in this sector despite being the new kid on the crypto block.
Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam
The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.
Crypto Open Interest and Trade Volume Reach Levels since March
Open interest and trade volume in the crypto market have increased based on the latest surge in prices.
InvestHK’s first virtual StartmeupHK Festival intrigues, surprises and succeeds
Hong Kong’s annual StartmeupHK Festival, the startup showpiece organised by Invest Hong Kong (InvestHK), ended July 10 after a record-breaking week that more than lived up to a common underlying theme apparent in each of the sector events and activities: innovation and problem solving as the driving force for startups.
European Union Parliament Considers Petition for Crypto Fraud Victims Fund
European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.
Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Ethereum price has tanked $2,000 for the first time since late June.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
Arbitrum Airdrop Boosts zkSync Growth
Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.
Crypto Market Cap Soars Above $2 Trillion
Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.
Ethereum's Vitalik Buterin Discusses ETH 2.0 Progress and Bitcoin-Ethereum Debate
On Peter McCormack's talk show, Ethereum co-founder Vitalik Buterin discussed the challenges faced by Ethereum 2.0 and the debate between Bitcoin and Ethereum.
Ritual Teams Up with EigenLayer
Ritual partners with EigenLayer to enhance AI capabilities on Ethereum, leveraging restaking mechanisms for decentralized AI services and economic security.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
Blockchain-Powered Satellite Contributes to Ethereum Scaling
Cryptosat, a blockchain-powered satellite orbiting Earth, has contributed entropy to the Ethereum KZG ceremony from space. The satellite's Verifiable Random Beacon service generated the entropy, which was signed by the satellite itself and can be verified using the public key of Crypto2. This contribution will strengthen the security of the next version of Ethereum, which is scheduled for an upgrade on April 12.
Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash
The Crypto market is still suffering from ushered in a week of plummeting. Bitcoin was plunging to around $34,000 on last Friday while Ethereum also touched a low of 2,300 on the same day.
Binance Denies Sharing Users Data with Russian Intelligence Agencies
Binance exchange has denied allegations by Reuters that a Russian subsidiary has close ties to the country’s financial regulator called Rosfinmonitoring by agreeing with sharing users' data.
Vitalik Buterin Advises Caution in Expanding Ethereum Consensus Roles
Ethereum co-founder Vitalik Buterin has published a thought-provoking blog post cautioning the blockchain community about the hazards of overextending Ethereum's consensus mechanism beyond its central functions of block validation and network security.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.
Ethereum Price Hits New All-Time High of $1460 as BTC Pulls Back, Why ETH Will Continue Surging
While Bitcoin has been consolidating and pulling back since its ascent above the $40,000 level, Ethereum (ETH) has soared to a new record-high of over $1460.
EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation
European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.
EU Council Expands Sanctions on Crypto Wallets, Targeting Russian Officials
The European Union Council has imposed another round of sanctions on Russia with an extended ban on crypto-focused transactions for already blacklisted Russian individuals and their relatives.
Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”
Ethereum's Price Drops By More Than 10% from a Record High of $2,600
Ethereum has set a new high, gaining incredible earnings to $2,644 yesterday. However, the bullish trend did not continue and dropped by more than 10% today.
$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain
$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.
Crypto Venture Capitalist Breaks Down Potential Winners and Losers from Ethereum Merge
Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake, namely the Merge, is approaching. Crypto experts have continued to talk about the impacts associated with such upgrades.
China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS
Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.
TrueUSD (TUSD) Strives to Resume Minting with Prime Trust
In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This announcement was made following an unexpected pause in TUSD minting via Prime Trust, an event that took place on June 10.
European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption
COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.
Crypto Price Today: Bitcoin, Ethereum, And Others Gain, Experts See October As Green for The Market
While September was a difficult month for the market, cryptocurrency prices, including Bitcoin, have renewed their performance since the beginning of October. Experts predict more upsides to be experienced in October.
BTSE Launches BTC and ETH Earn Products
Digital asset exchange platform BTSE announced the launch of its Bitcoin (BTC) and Ethereum (ETH) earn products that enable users to generate passive income.
The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox
The European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.
European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks
The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.
Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of-stake
ssv.network created a $50 million fund to encourage Ether (ETH) staking technology research. DVT, an open-source protocol, distributes validator duties over numerous nodes. Vitalik Buterin's Eth2 roadmap relied on the protocol.
Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain
Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.
Ethereum’s Top 10 Whale Addresses are Holding a Total of 16.86 Million ETH as Sentiment for Ether Remains Bullish
New data by Santiment reveals that crypto whales see the current pullback as the perfect storm needed to accumulate more ETH tokens.
Think Tank Releases Report on the Blockchain-Based Genetic Data Network
Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.
ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation
Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.
Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead
Deutsche Bank (DB) issued its report on Wednesday that said the free fall in the crypto market could continue due to the complexity of its system.
Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH
In the past few days, whales of Ethereum have been on a buying spree as their tokens accumulation continues.
European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy
According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details, but has been rejected by more than 40 cryptocurrency business leaders.
Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch
With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.
Ethereum, EOS, & TRON: Which Blockchain Will Continue to Dominate the Dapp Ecosystem in 2020?
By measuring the success of how individual blockchains: Ethereum, EOS, and TRON have been performing in the first month of the new year, the data from January 2020 gives an insight into the year ahead.
Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.
NBA to Release 18,000 NFTs in the 2022 Playoffs
The National Basketball Association (NBA), a professional basketball league in the United States, will mint 18,000 dynamic NFT on the Ethereum network for each player taking part in this year’s playoffs.
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Utility on the Ethereum network is rising thanks to low median fees.
Reddit Invites Developers to Submit Ethereum Scaling Proposals for its Token Project
Popular social news aggregator, web content rating and discussion site Reddit invites developers to develop is Ethereum based Community Points
Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees
Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.
FTX EU Secures License from CySEC in European Expansion Move
Following its acquisition of a local investment firm, FTX Europe said it has received the Cyprus Investment Firm License as granted by the country’s Securities and Exchange Commission (CySEC).
Ethereum's Vitalik Buterin Donates His Meme Coins to Fund Covid-19 Charity Initiatives
Vitalik Buterin donated a huge chunk of dog-themed cryptocurrencies to various non-profit organizations, including the India COVID-19 Relief Fund.
Opinion: Why Ethereum’s ‘Merge’ Won't Lower Gas Fees?
The Merge won’t make the network much faster or be able to process more transactions per second, which means gas fees won’t change much.
Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions
Prometheum Ember Capital's designation as the first digital asset SPBD has raised concerns among Republican House Committee members.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
BaaS Startup Domineum to Train 100k Nigerian Students in Blockchain Solutions
Domineum, a Blockchain-as-a-Service (BaaS) startup, is set to train as many as 100,000 students under the umbrella of the Nigeria Association of Computing Students (NACOS) in blockchain and emerging technologies.
7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing
7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.
France Seeks to Block Development of Libra in Europe
While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.
Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies
Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and the attacker used a multichain bridge to transfer funds from the Binance Smart Chain to Ethereum.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
Ethereum Stays Steady Above $3,000 Based on Heightened Social Engagement
For the past ten days, Ethereum (ETH) has pitched camp above the psychological price of $3,000 based on increased social engagement.
SEC Required Coinbase to Trade Only Bitcoin, Exclude Ethereum and All Other Cryptos, Reports FT
On July 31, a report by the Financial Times reported that the U.S. Securities and Exchange Commission (SEC) had requested Coinbase to cease all cryptocurrency trading, including Ethereum, with Bitcoin being the only exception, before taking legal action against the company.
Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum
In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.
Lido Announces Upcoming Upgrade, Introduces New Staking Router
Staking liquid Lido V2 will allow Ethereum staking reward withdrawals and better staking infrastructure.
More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet
With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.
Is Ethereum Eyeing A New All-Time High?
Market analysts believe that Ethereum may be aiming for a new all-time high.
US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?
Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge
With the Ethereum merge just around the corner, crypto exchange OKX has given a service update that includes suspension of ETH deposits and withdrawals during the much-anticipated event.
XRP Price Analysis: Is XRP Back on Track To Its Glory Days?
This article profiles XRP's current price performance and its recovery from the past weeks of excessive losses
UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies
The United Kingdom Financial Conduct Authority (FCA) has released the latest report about cryptocurrency awareness among UK adults. Study shows that up to 78% UK adults heard of cryptocurrencies.
BlockSec Shares Alerts of ETHPoW Tokens Persistent Attack
According to an alert shared by blockchain security firm, BlockSec, the ETHW protocol suffered a replay attack with the hacker carting away 200 ETHW tokens.
Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network
With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments
Alexis Ohanian bought 50000 ETH
Ohanian founded 776 Venture Capital using his early ETH and Coinbase investments.
Ethereum Sets Eyes on 8 Consecutive Positive Quarters
Ethereum has been on the right footing for eight consecutive quarters if the current one closes in green, with a 47% gain so far.
Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again
3 reasons the Bitcoin and crypto market are ready for a second crash. Here's why.
Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin
Deutsche Bank has warned that there is a high chance of a crisis far worse than the current coronavirus pandemic and could have a chance of taking out Bitcoin completely.
ECB Publishes Results of Its Digital Euro Public Consultation
The ECB has released the result of its Digital Euro public consultation. Among many things, respondents demand for privacy and offline usability.
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.
MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures
The European Banking Authority (EBA) has closed its public consultation on revising guidelines for money laundering and terrorist financing risk factors, extending the scope to include crypto-asset service providers (CASPs). ConsenSys, MetaMask's development lead, defended the EBA's approach, stating self-hosted wallets should not be considered a risk factor and praised the EBA's recognition of blockchain analytics' role in risk mitigation.
Ethereum’s Sentiment Drops as FOMC Meeting Nears
After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment.
Bitcoin, Ethereum, and Cryptocurrency MegaCap Indices Debut on S&P
S&P Dow Jones Indices has introduced a cryptocurrency index series, which features Bitcoin and Ethereum.
ETH Price Set to Rally as Institutional Capital Flows into Ethereum
Ether price rallied after GME Ethereum futures contracts launched, posting a new all-time high of $1,780. As institutional money flows in, will Ether's price continue to rally?
Aave Halts ETH Lending Ahead of Ethereum’s Merge
Aave has temporarily suspended giving out Ether loans to avoid risks associated with the upcoming Merge.
Ethereum PoW Hardfork Token's IOU Accepts Trading on 5 Exchanges
At least five crypto exchanges, including Coingecko, FTX, MEXC Global, Bybit, Gate.io and FTX.US, accept ETHW, the latest listed an IOU of the potential token for trading.
Goldman Sachs Launches First Ethereum-Linked Derivatives Product
American investment banking and financial institution giant, Goldman Sachs Group Inc has started trading a type of Ethereum-linked derivatives.
Ether.Fi Launches Non-Custodial Liquid Restaking Protocol on Ethereum
Ether.Fi launches a non-custodial liquid restaking protocol on Ethereum, allowing users to maintain control of their keys while increasing staking yields through integration with Eigenlayer.
ConsenSys Acquires MyCrypto to Strengthen MetaMask and Enhance Product Security
The Ethereum software company ConsenSys has acquired the Ethereum interface MyCrypto, aiming to integrate MyCrypto with the MetaMask wallet owned by ConsenSys and improve the security of all products.
Singapore’s Court of Appeal Finds Crypto Exchange Culpable of Malice in Momentous Ruling
In a landmark ruling, the Court of Appeal in Singapore noted that Quione, a cryptocurrency exchange, was disloyal to reverse several transactions on its network. This action constituted a breach of contract; hence the law had to take its discourse.
Coinbase Announces Launch of Ethereum Layer-2 Network
Coinbase will gradually decentralize the chain but not create a new network coin.
Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum
The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.
Cryptocurrency Market Opens The Week To Big Dip, What Coin Is The Biggest Loser Today?
The crypto market opened the week to a big bearish dip with 1inch taking the biggest hit
Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust
The Rothschild Investment Corp has revealed that it has taken up a new crypto position by purchasing 265,302 shares of Grayscale Ethereum Trust.
Standard Chartered Bank Partners with Enterprise Ethereum Alliance to Improve Customer Experience
Standard Chartered Bank joins the Enterprise Ethereum Alliance – an open-source blockchain community. But why?
OpenAI's ChatGPT Under GDPR Investigation in Italy: Facing 30-Day Defense Deadline
Italian Data Protection Authority, Garante, has raised concerns over potential GDPR violations by OpenAI's ChatGPT, requiring OpenAI to defend its processing of personal data for 30 days.
5 Legendary Investors Share Their Predictions About Bitcoin Prices
Bitcoin is emerging with the speed of lightning due to the rapid rise of technological advancements. What Bitcoin predictions have leading figures in the industry made?
WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM
WOOFi, a decentralized exchange platform owned by Woo Network, has announced a strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. The move aims to develop a version 2.0 omnichain DEX, integrating centralized finance and decentralized finance sectors. WOOFi Pro will offer a mobile-friendly interface, gasless orderbook trading, and integration with Orderly Network's order books. The platform is set to launch with 10 crypto trading pairs in October.
Europechain Education Program delivers EOSIO with the University of Geneva
Europechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.
Ethereum Hodlers are Increasingly Bullish as ETH Google Search Volume Doubles that of 2017
Ethereum investors are showing bullish signs as ETH supply on exchanges is decreasing.
Crypto Donations to Exceed $10 Billion in a Decade
The Giving Block's annual report predicts that crypto donations will surpass $10 billion by November 2032, with USD Coin being the most popular cryptocurrency used in donations. Ethereum co-founder Vitalik Buterin holds the record for the largest crypto donation of the year, giving $9.4 million through his philanthropic fund.
FTX EU Launches Website for Customer Withdrawal Requests
FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services.
NFT royalties of BAYC, Azuki, Pudgy Penguins are Surprisingly $58M+, $43M+, $7.2M+ Respectively
Blockchain data and research firm Nansen has reported the royalty earnings of top Ethereum non-fungible token (NFT) brand.
Blockchain Interoperability—What are the Key Drivers?
Blockchain Interoperability, the ability to connect different blockchain ecosystems, is gaining a lot of traction today. But, first of all, it is necessary to understand if we need interoperable blockchains. What problems do they solve? Or will they create more troubles? And finally, what are the various challenges involved in going down the path of interconnecting blockchains?
Jul 23 Trading Analysis: If only Robinhood has ETH listed
Trade strategy: Buy out of the money BTC and ETH calls; BTC 10 to 10.5k calls and ETH 300 to 350 calls for the next few weeks. Let's not get ahead of ourselves; whether we actually FOMO and chase, we will have to monitor for continued "recycled capital" and hopefully fresh inflows to keep the MoMo going,,,,,
Blackrock Rollouts Blockchain ETF for European Investors
The iShares Blockchain Technology UCITS ETF targets institutional and professional investors in Europe.
Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS
The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th.
ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M
Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million.
Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions
Dapper Labs said it is complying with new sanctions approved by EU member states amid Russia’s continued escalating conflicts in Ukraine.
Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023
Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.
The Top 10 Ethereum Non-Exchange Whale Wallets Hold 19.67 Million ETH
The top 10 Ethereum non-exchange whale wallets are continuing to climb in terms of ETH held.
Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss
KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.
Lithuania Government Cashes in Seized Crypto Worth €6.4 Million
Through the State Tax Inspectorate (STI), the Lithuania government has cashed in €6.4 million and slotted it in the state budget after selling seized cryptocurrencies.
Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety
Investors are withdrawing their funds from exchanges amid the FTX implosion
Kraken Irish Subsidiary Awarded VASP Authorization by Central Bank of Ireland
Payward Europe Solutions, Kraken's Irish subsidiary, has been granted VASP authorization by the Central Bank of Ireland. This authorization comes at a critical time as the EU is set to vote on the MiCA regulation, which requires all companies operating as a crypto assets service provider in the EU to register with an authorized regulator.
Bloomberg Analyst Believes Nothing “can stop the process of Ethereum flippening” Bitcoin
Ethereum shows the tendency to flip Bitcoin as reiterated by Bloomberg strategist, Mike McGlone
Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy
In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.
Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’
Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.
Hodling Bitcoin is the Trend Once Again, according to Santiment
New data by on-chain data provider Santiment reveals that dormant Bitcoin has been on the rise as the BTC hodling culture comes back into play.
European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections
The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
Metis Proposes Migration to Ethereum Mainnet for Enhanced Data Availability
Metis, an Ethereum Layer 2 network, has proposed migrating its data availability back to the Ethereum mainnet. The move aims to simplify the launch of a decentralized sequencer pool and enhance data availability. The proposal is open for community feedback and will be subject to a Snapshot vote.
Breaking: 299,998 ETH Transferred to Coinbase
Coinbase has just received two significant Ethereum (ETH) transfers, totaling 299,998 ETH, or approximately $486,482,166 USD.
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Crypto regulation is inevitable. That is the message coming from both CFTC and SEC. But this has led to a political conflict between the top U.S. financial regulatory agencies.
Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading
During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.
What is Crypto Arbitrage? Trading on Crypto Pricing Imbalances of Exchanges
Crypto arbitrage is a term used to describe a method of crypto trading that takes advantage of price imbalances for digital assets on exchanges.
Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.
Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders
Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million). Financial Secretary Paul Chan Mo-po emphasized the need for a proper regulatory framework for Web3-related businesses.
NEAR and Polygon Partner to Launch zkWASM
NEAR Foundation and Polygon Labs are collaborating on zkWASM, a zero-knowledge prover for WASM blockchains, to enhance interoperability with Ethereum and improve scalability and decentralization.
Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.
Ethereum To Become a Deflationary Asset and See Its Supply Reduced with Proposed EIP 1559 Upgrade
Ethereum has a planned upgrade for July through which its cryptocurrency supply will be reduced. This is bullish for the price of ETH.
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550
While Ethereum has soared to hit a new all-time high above $1550, Grayscale Ethereum Trust has made a move to buy more Ether (ETH) coins.
Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely
Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.
Nasdaq to Offer Institutional Crypto Custody Services
Nasdaq Global Select Market is reportedly on track to dive deeper into the digital currency ecosystem, with preliminary plans to offer custody services of Bitcoin and Ethereum for institutional clients.
Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain
On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.
Blockchain Could Potentially Level the Playing Field for Startups and Entrepreneurs
The world of business is growing daily, in an article published by Brad Haddin, a privacy consultant, he pointed out that "there are 150 million startups in the world today with 50 million new startups launching every year.” This means that every day, an average of 137,000 companies have been founded by someone in the world. This number has risen since 2005, which is due to massive globalization and industrialization engaged in by different countries around the world.
Ethereum Istanbul Hard Fork Successfully Completed and Supported by Major Exchanges
Ethereum has successfully hit block number 9,069,000, where the Istanbul hard fork has been completed. Istanbul is Ethereum’s eighth hard fork overall, addressing issues such as denial-of-service attack resilience, interoperability with equihash-based proof-of-work and gas costs, which is the cost to send a transaction on the Ethereum network.
Dutch Central Bank Forces Crypto Firms to Register Within Two Weeks or Face Cease and Desist
The Dutch Central Bank, De Nederlandsche Bank (DNB) has announced that crypto companies must register with the authority by May 18, or to stop operating immediately. DNB has looking to enforce the Dutch anti-money laundering (AML) laws, which was passed by the Dutch Parliament in April to comply with the Fourth Anti-Money Laundering Directive (AMLD4) laws. The Dutch AML laws are in compliance with the Financial Action Task Force-recommended AML directives and standards.
1inch Investment Fund Dumped 11,000 ETHs (WETHs) for Fusion Test
Ethereum address starting with 0x225d, identified as 1inch: Investment Fund, has reportedly made a substantial swap of Wrapped Ethereum (WETH) for stablecoins USDT and DAI, according to data from DeBank.
Optimism (OP) Earns High Praise from Vitalik Buterin for $100M Public Goods Initiative
Ethereum Co-Founder Vitalik Buterin praised Optimism for distributing over $100 million in RetroPGF Round 3, emphasizing its role in funding public goods and supporting the Ethereum ecosystem.
Kimchi premium refers to when the price of BTC cheaper
CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.
The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
Gelato, a smart contract automation network focused on the Defi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing.
Binance Launches $60,000 Ethereum Promotion Ahead of Major Dencun Upgrade
Ahead of Ethereum's major Dencun upgrade, Binance has launched a trading promotion with $60,000 in rewards for users who trade ETH and other ecosystem tokens.
Are Ethereum Nodes Ready for a New Hard Fork on New Year’s Day?
The Ethereum network is expected to undergo a scheduled upgrade, named Muir Glacier at block number 9,200,000, predicted to occur on New Year’s Day 2020.
DeFi Projects Continue to Generate Huge Returns as a Decoupling from Bitcoin is Observed
DeFi projects continue to be lucrative, as their market cap has ballooned to $19.7B (+135% in the past month), according to on-chain data provider Santiment.
Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market
The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.
Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes
To eliminate overreliance on a single type of stablecoin, Seychelles-based crypto exchange @Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs.
The Old World. What is going on with Digital Assets in Europe?
Europe is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.
Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500
New data from Glassnode reveals that crypto wallets holding more than one Ethereum (ETH) have hit a record high of 1,170,598 addresses.
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.
Astar Network Launches Second Iteration of Smart Contracts
Astar Network is launching the second iteration of its smart contracts that support both Ethereum Virtual Machine and WebAssembly Virtual Machine on its mainnet on April 6. The Astar team invited community members to a panel discussion led by its executives and Polkadot developers to discuss how WASM can be utilized.
Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?
Tron has attained a huge milestone with the total number of accounts on the protocol surpassing 25 million.
EU Proposes Cap on Anonymous Crypto Transfers
The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April.
Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications
Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.
London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds
Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.
Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone
A steep volatility trailed the September inflation data that was released by the BLS today. Bitcoin last seen trading below $19,000
Ether Price Keeps Rising to ATH, What’s Fueling the Ethereum Surge?
Ethereum keeps rising higher hitting a new all-time high of $1,689 according to CoinMarketCap. Where will Ether go from here and what’s fueling the surge?
Bitcoin Whale Addresses at an All Time High as Major Indicators Suggest Bullish Outlook for BTC
Bitcoin has seen a few major dips, and has recently recovered to trade in the $33,900 region recently.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
Google Finance Pushes Crypto Further into Mainstream with Bitcoin, ETH, LTC Tabs
Crypto prices may be falling but mainstream interest is certainly rising as Google Finance adds a dedicated "Crypto" tab to monitor Bitcoin, Ether, Litecoin, and Bitcoin Cash.
Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals
Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades
Ethereum Stands at the Forefront of Web 3.0 Development, Attracting Over 700 Developers to Join Monthly
As the leading decentralized finance (DeFi) ecosystem, Ethereum (ETH) constantly draws between 20% to 25% of developers eyeing Web 3.0.
Ethereum Futures Open Interest Hit an ATH Amid $1B Being Locked in ETH Layer Two
Open interest in the Ethereum (ETH) network has been experiencing an uptick, leading to a record high.
Ethereum’s Adoption Continues to Tick, Addresses Holding 1 to 10 ETH Cross the 1M Mark
Ethereum is not relenting in its quest to attract more players because addresses consisting of one to ten ETH reached a new milestone by hitting the 1 million mark.
Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst
Market analyst Lark Davis sees cryptocurrencies as game-changers as they enable anyone to participate in early-stage financial ventures previously only reserved for the rich.
Ernst & Young’s Blockchain Technology to Create NFTs for Award-Winning Italian Film
Big-four accounting and auditing firm Ernst & Young’s blockchain-as-a-service dubbed EY OpsChain will create NFTs for the award-winning Italian film La Leggenda Di Kaspar Hauser.
ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.
EU Agreement on MiCA May Not Favor Stablecoins
After much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made
Quant Firm Kronos Research Loses $1.4M: Code Tampered by Disgruntled Engineers
Kronos Research, a top cryptocurrency trading team, suffered a $1.4 million loss in 2020 due to malicious code alteration by disgruntled engineers Chen and Xu, who conspired to embed errors, leading to a fine and 10-month sentence.
Ethereum Layer-2 Offchain Labs Raises $120M Led by Lightspeed Venture Partners
Offchain labs raised $120 million led by Lightspeed Venture Partners in its Series B financing Tuesday, aiming to expand Ethereum contracts to meet the growing demand for Ethereum transactions.
Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap
The Polkadot (DOT) token was invited to major exchanges earlier this week and has recorded an ROI of more than 80 percent in the past four days.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny
The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs.
Ethereum Supply in Smart Contracts Hits ATH of 28%
Ethereum’s demand in smart contracts continues to scale the heights.
Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report
The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, exceeding the combined losses of the first two quarters. The report also highlights the increasing threat posed by North Korea's Lazarus group.
Breaking: Vitalik Buterin's First MKR Sale for ETH in Two Years Sparks Market Speculation
Ethereum co-founder Vitalik Buterin sold 500 Maker (MKR) tokens for 350 Ether (ETH) via CoWSwap, raising concerns about potential market implications. Maker's price fluctuation could signal a bearish trend, while the ETH exchange could complicate market sentiment.
Despite Current Turmoil, Crypto will Rise Again Based on its Own Model - Pantera CEO
Dan Morehead CEO of Pantera Capital has shared his view on the current state of the blockchain economy in a recent interview with Real Vision’s Co-founder & CEO Raoul Paul
Ethereum Worth Nearly $195M Staked in ETH 2.0 Deposit Contract Over the Past Week
More investments continue trickling into Ethereum 2.0 deposit contract based on the historic highs noted.
Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops
After topping a market cap of $1 trillion last week, the crypto market has since plummeted, wiping out nearly $170 billion in the last 24 hours.
Ethereum Mining Difficulty Has Reached an ATH
Ethereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.
Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?
Key inflation data in the U.S. for June was just released by the Bureau of Labor Statistics on Wednesday, what kind of consequences to the development of cryptocurrency?
Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector
Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).
Bitcoin, Ethereum, Chainlink, and Ripple XRP Regain Strength Amid Price Correction
Bitcoin, Ethereum, Chainlink, Ripple, and Litecoin are regaining their bullish momentum despite plummeting after a price spike.
Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users
Ethereum Express (EEX), a community-driven decentralized ecosystem, has revealed the launching of two pilot projects that will comprise of more than 48,000 users. These initiatives are utilizing the Proof-of-Authority-based Ethereum Express blockchain to boost the productivity of their business procedures.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
XRP Surges Back in to Top 3 on CoinMarketCap Fueled by Coordinated Buying Attack
Ripple's associated token XRP has broken back into CoinMarketCap’s top three cryptocurrencies by market capitalization.
Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge
Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.
Chiliz Launches Layer-1 Blockchain to Support Growth
EVM-compatible Chiliz Chiliz 2.0 Blockchain as fan tokens rise.
Ethereum-backed DeFi Records Healthy Activities Amid Crypto Market Crash: Glassnode
Ethereum-backed DeFi ecosystem maintained its resilience following the past crypto market crash.
Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued
Market analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue until a "bottoming construction"comes up.
ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable
Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.
Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning
Yann LeCun's DjVu format significantly influenced open-access in the machine learning community, facilitating the distribution of high-resolution scanned documents online and promoting collective power in intellectual property negotiations.
European Crypto Miners Share Insights About Their Local Mining Industry
dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
Ethereum Addresses Interacting with DeFi Protocols Surge to 2.91M in Q2: ConsenSys Report
A new ConsenSys report highlights the growth inherent in the Ethereum blockchain cutting across addresses and stablecoins
Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials
The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.
EU Passes Vote for Digital Wallet
The European Parliament passed a plenary vote for interinstitutional negotiations to create a EU-wide digital wallet. The eID amendments include zero-knowledge proofs to enable citizens to control their identity data.
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
HIVE Blockchain Exploring GPU Mineable Coins Ahead of Ethereum Merge
For the upcoming Ethereum merge, HIVE said it has already started exploring mining other GPU mineable coins with its fleet of GPUs. The miner said it is implementing beta-testing this week, before the merge.
Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn
While the market is bearish today, XEM, CRO, and SOL are showing strong resistance and are trending up
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Canada Security Regulator Approves Three Ethereum ETFs In A Single Day
The Ontario Securities Commission has made history again by approving three Ethereum exchange-traded funds in one day.
Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy
Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.
Launch of Ethereum Climate Platform to reduce PoW emissions
The coalition aims to redress the network's former proof-of-work (PoW) carbon emissions. It was formed by Web3 firms, civil society leaders and the U.N. Framework Convention on Climate Change. The group will invest in climate projects that promise to mitigate Ethereum's past emissions.
Arbitrum Bridge: A Comprehensive Guide
The Arbitrum Bridge is a Layer 2 solution for Ethereum, enabling secure, cost-effective asset transfers to the Arbitrum network. It supports a wide range of assets and networks, ensuring robust security and providing comprehensive troubleshooting guides.
Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation
A greener future is expected on the horizon for Ethereum, thanks to the PoS consensus mechanism, which increases the network's efficiency 2000 times more.
Ethereum Closed in Green for 7 Weeks amid Burnt Ether Topping $4b
Ethereum has made seven positive weekly closes, given that it has enjoyed a significant upward momentum this quarter.
Proposed London Hardfork Upgrade to Make Some Tokens Obsolete
The soon-to-be-launched EIP 1559 upgrade will send some gas-based tokens, including GST2 and CHI packing, according to 1inch Network.
European Digital Currencies Soon to Become Legal Tenders, ECB Says
Central Bank Digital Currencies may soon become legal tenders in their jurisdictions as planned by major central banks in Europe as officials are currently studying such initiatives.
Ethereum Price Rallies as ETH Whales Hold the Smallest Percentage of Supply in 11 Months
Capital in the cryptocurrency market could be moving from the world’s first cryptocurrency to Ethereum and other altcoins.
Ethereum Co-founder Jeffrey Wilcke Moves $41.13M Worth of ETH to Kraken
In a significant cryptocurrency transaction noted a few hours ago, Jeffrey Wilcke, the co-founder of Ethereum, moved a substantial amount of 22,000 Ethereum ($41.13 million) to the popular digital currency exchange, Kraken.
Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.
Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.
Ethereum Performs Better than Bitcoin in Annual Returns with a 663% Gain
Ethereum's annual return stands at 663.7%, performing much stronger compared to Bitcoin’s 195.5%.
Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up
Grayscale Investments has released their quarterly report assessing the last months of 2020.
Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet
Polygon is closing in on the launch of its 2.0 version with the deployment of POL contracts on the Goerli testnet. This significant development is a result of community consultations and the introduction of two new Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. These PIPs aim to modify the EIP-1559 burn system and adjust the POL token supply.
Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament
The European Parliament must approve a new crypto exposure policy for banks.
Coinbase Says it Will List Potential Forked Tokens Following Post-Ethereum Merge
Ethereum's merge is drawing nearer. Coinbase has said it will evaluate potential fork tokens that might emerge after the merge.
Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins
A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.
Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership
PayPal launches PYUSD stablecoin; Coinbase unveils Base Layer-2; Aptos partners with Microsoft; July inflation below expectations at 3.2% and 4.7% yearly.
Vitalik Buterin Critiques TVL as a Deceptive Metric in DeFi Space
In a recent Warpcast discussion, Ethereum's Vitalik Buterin challenges the overemphasis on Total Value Locked (TVL) in DeFi, highlighting security concerns and the need for a paradigm shift.
Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project
The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.
Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience
Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
Kim Kardashian Charged $1.2M by the SEC For EthereumMax Promotion
American TV reality superstar, Kim Kardashian has been charged by the United States Securities Commission (SEC) for the promotion of EMAX Token, the native coin of the EthereumMax protocol
Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.
Ethereum developers chose eight updates for Shanghai
The Shanghai update comes after the Merge and proof-of-stake consensus. Beacon Chain staked ETH will be unlocked, permitting withdrawals. Shanghai testnet launched Oct. 18.
Ethereum Surpasses $38K for the First Time Since Mid-May as Large Transaction Volume Hits $16.15B
Ethereum’s price has been experiencing an uptick, with the latest being a surge above the psychological level of $3,800 since May.
Crypto Market Capitalization Inches Closer to $3 Trillion
The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.
SEBA Bank Floats Ethereum Staking Service for Institutional Investors
Swiss-based digital bank SEBA has announced the launch of its Ethereum staking service, tailored to fit the needs of institutional investors.
Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy
Ethereum's gas fees have hit a new multi-month high due to the growing memecoin frenzy. While this has brought in more revenue for the network, it has also caused congestion and difficulty in processing transactions.
Uniswap Records New ATH, Boosted by Record-Breaking Amount of New Whale Addresses
Uniswap's UNI tokens see an increase in the number of whale holders. This has pushed the DeFi token to an all-time high above $13.
Investors are Switching From Stocks to Crypto, Here is Data to Prove It
The research data shows a complementary growth in the interest in digital currencies with the percentage of investors who say they are not interested in BTC, Ethereum (ETH), or Dogecoin (DOGE) slipping from 80% back in May this year to 68% this week.
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments has launched trading support for Bitcoin and Ethereum at zero commission
Scroll Launches zkEVM Mainnet
Scroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.
Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding
Boba Network, an Ethereum-based Layer-2 protocol Optimistic Rollup scaling solution, has successfully completed its Series A funding round in which it pulled as much as $45 million from investors.
Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users
With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content.
FTX's Top 10 Crypto Holdings Revealed: SOL, Bitcoin, Ethereum, XRP, APT Lead the Pack
The top 10 digital assets held by FTX account for a dominant 72% of its total crypto holdings. Leading this list is Solana (SOL), with a valuation hovering around $1.2 billion. Following closely are Bitcoin (BTC) and Ethereum (ETH), valued at $560 million and $192 million, respectively. The list further includes significant assets such as APT, USDT, XRP, BIT, STG, WBTC, and WETH. Their respective values oscillate between $1.37 billion and a modest $37 million.
Ethereum wallet Rainbow Raises $18M in Series A Funding
Ethereum wallet Rainbow has raised $18 million in Series A funding, led by Seven Seven Six.
ETH Price Sees Revival as Ethereum 2.0 Deposits Surpass $9 Billion
Ethereum 2.0 deposits just went above $9 billion as ETH is seeing impressive price corrections from last week's dip.
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.
Ethereum Milestone: Validator Count Hits 1 Million with $114 Billion Staked
Ethereum's network validators surpass the 1 million mark, with 32 million ETH staked through platforms like Lido, accounting for 26% of its total supply.
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
Charles Hoskinson Officially Cut Ties with XRP Community
Cardano founder Charles Hoskinson has publicly declared to cut ties with the XRP community.
Ethereum Energy consumption, Carbon Footprint Reduce 99.99% after Merge
Ethereum completed a massive software upgrade that is said to have slashed its carbon footprint and energy usage.
Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined
A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.
The new procedures included the requirement that all future code changes be approved by the DAO
"Aave V3" was launched in March 2022 and deployed on numerous EVM-compatible blockchains soon after. V3 helps consumers save money and enhance capital efficiency. It permits riskier collateral.
DeFi and Exchange Tokens Participate in Crypto Bull Run
As the broader market sees a continuous run in price and valuation, DeFi and exchange tokens are also catching up on the growth.
WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs
WisdomTree has listed additional physically-backed crypto ETPs on major exchanges in Europe.
EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.
Ethereum Might Experience a Period of Consolidation, says Market Analyst
Crypto analyst Michael van de Poppe acknowledged that ETH was holding a crucial support level, which may trigger a period of consolidation.
ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results
OpenAI's ChatGPT-4.0 passed a clinical neurology exam with 85% correct answers, showing promise for future applications in the field after further refinements.
Yearn.finance (YFI) Plunges Again Amid Sell-Off Pressure from Strong Drop in yVault Yields
Yearn.finance (YFI) has faced a steep correction lately and has been one of the worst performers in the top 100 cryptocurrencies.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
Ethereum Addresses Hit a 35-Month High, ETH Price Predictions are Bullish
Although Ethereum is still significantly far away from its all-time high, analysts are predicting that Ethereum’s price has room to rise.
Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.
Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms
Ethereum 2.0 deposit contract has seen more accounts deposit 32 ETH in the past days as investors prepare for the impact of the EIP 1559 upgrade launch
Ethereum Introduces EELS: A New Execution Layer Specification
Ethereum has introduced the Ethereum Execution Layer Specification (EELS), a Python-based reference implementation for its execution client, designed to make core components more readable and clear. EELS provides complete snapshots of the protocol at each fork, making it easier to follow.
DeFi Giants Launch on Ethereum Layer 2 zkSync Era
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker, and Curve, are set to launch on zero-knowledge proof roll-up zkSync Era on March 24. The Ethereum layer 2 scaling network has opened to users in alpha after four years in development, enabling faster and cheaper transactions.
Holding Gold While it Depreciates is "Insanity" says Anthony Pompliano
Bitcoin investor Anthony Pompliano believes that holding Gold while its value or price is contracting is not a wise move for investors, highlighting Bitcoin's superiority.
Litecoin Foundation Partners with Cred to Let Crypto Holders Earn Interest
Litecoin Foundation has announced a partnership with Cred to begin offering interest on Litecoin held as collateral. Cred customers can freeze their coins with Cred and earn up to 10% annual interest on their digital assets.
First Belgian Elected as European Legislator to Accept Salary in Bitcoin
Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.
Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook
There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.
Ethereum Research Forum Enhances Visibility for Interdisciplinary Collaboration
Ethereum Research Forum is initiating measures to boost visibility and collaboration across various academic disciplines to enrich the Ethereum ecosystem.
Polygon Expanded Collaborations with Disney, Meta, Starbucks, and More in Q2 2023
Accordint to a report released by Messari, Polygon ($MATIC), a suite of Ethereum-based scaling solutions, unveiled key insights and recent developments in its ecosystem for the second quarter of 2023.
Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives
Arbitrum community votes on a pilot program to distribute 25 to 45 million ARB tokens as long-term incentives to protocols on its platform, aiming to enhance ecosystem growth and innovation.
Securities Clearing Firm Euroclear Invests in Fnality, Advancing Distributed Ledger Technology
Euroclear Group has invested in Fnality, an international consortium of global banking and financial market infrastructure, to advance distributed ledger technology (DLT) to support the adoption of tokenized assets and markets.
Mike Novogratz on Why He Now Believes Crypto Should Take Up a Bigger Portion in Investors' Portfolios
Mike Novogratz, the CEO of Galaxy Digital recently revealed that he has around half of his net worth tied up in cryptocurrencies.
Bitcoin Set to Recover From the Coronavirus Pandemic-Triggered Global Financial Crisis?
The price of Bitcoin has seen a decline of 8 percent from the start of this year until early April, and 90% of Finder’s survey panel believe is caused by the coronavirus pandemic. Although COVID-19 made up for most of the explanation for the dip, many believe that the Plus Token scam also had an impact.
Euler Finance Hacker Returns Majority of Stolen Funds
The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, including 51,000 ETH and 7,737 ETH, worth a total of over $101 million at the time of writing. The hacker still controls some of the stolen assets, and the hack is considered the largest DeFi hack of 2023.
European Central Bank Assesses Potential Digital Euro CBDC Issuance
The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.
Off to a Good Start: Crypto Market Awakening on Sustained Retail Stack Up
With more headwinds ahead as it relates to the US Fed’s potential of raising interest rates yet again, retail investors are arguably staying alert to avoid being caught off-guard in the crypto market.
Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor
Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).
Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control
Cryptocurrency exchange Binance is facing increasing hurdles in Europe. The financial institution announced to temporarily suspend Euro bank deposits through the Single Euro Payments Area (SEPA) network.
Bitcoin and Ethereum are Risking a Second Price Dip
Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.
One Pepe Coin Whale Liquidates Holdings as Another Opens $PEPE Ethereum Pool
Whale 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH), resulting in a profit of $216K. This follows the whale's initial accumulation of $PEPE tokens from the Huobi exchange. Pepe Coin (PEPE) hit its lowest price since its Binance listing, with its value plummeting to $0.00000082. The crypto market is tumultuous, with Bitcoin potentially dropping to $20,000.
Ethereum Surges Past $1,800 - What's Next?
On-chain metrics provider Santiment has noted that Ethereum's price surge to above $1,800 has triggered crowd skepticism, but this is a bullish sign.
Is Ethereum’s Price Poised to Surpass Its All-Time High of $1,400?
With Bitcoin’s ascent to $40,000, Ethereum has also gained considerably in value, soaring past its previous resistance levels of $600 to top $1,000.00.
Raoul Pal Predicts that Ethereum Will Hit $20K by the End of the Year, as ETH Smashes a New All-Time High
As Ethereum rallies to a new ATH, investment strategist Raoul Pal has predicted that the cryptocurrency will hit $20,000 by the end of 2021.
Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn
The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.
Lido Finance Community Votes on Critical Governance Proposal
Lido Finance community members cast their votes on a pivotal governance proposal, shaping the future direction of the staking platform.
Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.
Crypto Hacks in Q1 2023
In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack. However, funds were recovered through negotiations with hackers, a trend increasingly common in the industry.
More Investors are Jumping on the Ethereum Bandwagon
Ethereum has been attracting more users to its network, as non-zero ETH addresses just reached an ATH of 55,317,765.
Christmas Market Could See Santa Rally Drive Ethereum, XRP Prices Higher and Bitcoin to $20K
The Bitcoin price gained 160% since the start of 2020, triggering triple-digit increases in cryptos like Ethereum (ETH) and Ripple’s XRP, but here comes the Santa Rally
IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype
IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Ethereum’s Social Volume Climbs to an 11-Week High
Ethereum (ETH) continues getting a keen eye as crowd awareness and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.
AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity
AFP and major media organizations have called for global AI regulation to protect content integrity, urging transparency, IP protection, and bias reduction.
Guggenheim's Scott Minerd Foresees $8,000 Bottom for Bitcoin
Scott Minerd, a prominent market analyst with Guggenheim Partners is not discounting further drop in the price of Bitcoin (BTC) as the bear market rages on
Ethereum (ETH) Price Analysis - March 18, 2021
CoinShares released its weekly fund flow report, which showed that nearly half of the total inflow of funds went to Ethereum, notably $113.5 million.
European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC
The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases
COTI announces an ETH L2 Developer Network to leverage its $100M fund, targeting key use cases like Confidential DeFi and encrypted data management.
Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability
Flow blockchain unveils proposal for full EVM equivalence, bridging Ethereum dApp ecosystem with Flow’s unique capabilities. The move aims to enhance composability, interoperability, and user experience across the blockchain space.
Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits
Aave plans to enable a "fee switch" that will distribute transaction fees, estimated at $60 million annually, to Aave token holders.
Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues
Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.
Binance Coin to Burn Automatically Rather Than Quarterly
Binance Coin (BNB), the digital currency of the Binance ecosystem will no longer be subjected to a quarterly burn as the exchange has introduced an automatic burning schedule to replace the former.
Crypto Regulation Takes New Leap as European Council Adopts MiCA
The European Union is drawing closer to adopting the comprehensive Markets in Crypto Assets (MiCA) regulation as the European Council has passed the framework.
German Finance Minister Calls for Speedy Interventions in the Rollout of a Digital Euro
German Finance Minister, Olaf Scholz, sees the digital euro as an ideal innovation to meet the high demand for digital money from businesses and consumers in Europe.
UK Legislators Advocate for Treating Crypto Trading Similar to Gambling Regulations
The report also calls for a shift in the regulatory approach towards unbacked cryptoassets, such as Bitcoin and Ether. Due to their volatility and lack of intrinsic value, the committee argues that these assets pose substantial risks to consumers, likening speculation in these assets to gambling.
Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia
Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.
Reasons Why the Bitcoin Price will Plunge Soon
Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions
All Crypto Assets Correlation Meets Greater Than 60% with Bitcoin
The correlation between Bitcoin and other cryptoassets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Messari Crypto researcher Mira Christianto.
DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami
The famous French DJ David Guetta revealed that he would accept $14 million Bitcoin or Ethereumthe payment for selling his Miami beachfront apartment.
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.
ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp
Once Ethereum shifts to a PoS consensus mechanism, validators will replace miners in the confirmation of blocks because they will use the staked Ether. As a result, prompting a more cost-efficient and environmentally friendly approach.
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
Andrei Grachev, co-founder of DWF Labs, announced a financial partnership with DMCC, supporting firms transitioning to Dubai DMCC. This announcement, juxtaposed with Grachev’s recent Twitter feud with GSR.io's Cristian Gil, highlights the competitive and cooperative facets of the crypto market landscape, and the challenges and opportunities DWF Labs encounters in its journey.
New York State Introduces Bill Allowing State Agencies to Accept Crypto
The crypto sector has attacked New York's "BitLicense" and crypto mining restrictions.
HKD.com HDAO: Restructure and Burn for a Better Future
With the new HDAO (HKD.com HDAO) proposal passed in the recent meeting between HDAO private investors, HDAO foundation, and the HDAO development team, HDAO foundation decided to restructure the HDAO distribution and move the entire HDAO from Ethereum, and Tron networks to Polygon network.
Binance Launches In-Store Crypto Payment Solution with Ingenico
In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.
Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives
Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data.
Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Bitwise Asset Management to launch two first-of-its-kind Ethereum Futures ETFs, AETH and BTOP, on October 2. The ETFs offer exposure to CME Ether futures in a regulated format.
Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator
With the new license from the EU regulator, DIFX is well-positioned to serve clients in European markets.
Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.
Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants
Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.
DeFi Hacker Returns $5.4M to Euler Finance
A hacker who drained $197 million from Euler Finance returned 3,000 ETH ($5.4 million) to the deployer address, following a $1 million reward announcement by Euler Finance. The attacker used a multichain bridge to transfer funds from the BNB Chain to Ethereum and moved the stolen funds into Tornado Cash before returning the funds.
Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis
With the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities
Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet
Michael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.
Euler Finance Hacker Returns Stolen Funds
Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance's efforts to recover the funds and restore investor confidence.
Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO
As the crypto market crossed the $1 trillion market cap, Status, Verge, and Nano comes off as the coins with the biggest daily gains in the market
NFT Trading Surges 8X Boom from the Popularity of Bored Ape Yacht Club,Pudgy Penguins and CryptoPunk
NFT sales recorded an eight times surge in market trading volume over the last two weeks, compared to the result in March, thanks to the craze of Bored Ape Yacht Club and Pudgy Penguins and the classic NFT CryptoPunk.
$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Open interest is rising, with $5,000 being the largest strike price for Ethereum options.
European Parliament Ratifies MiCA Framework in Landslide Vote
The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l
Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees
Ethereum has set the tone for the DeFi boom this year, and it has dominated particularly during the third quarter of 2020.
Adult Content Platform Onlyfans' 9,000 Ethereum Drops 25% in Value
Onlyfans' Ethereum holdings, valued at $11.43 million, have experienced a 25% decline due to the current ETH price of $1,650, highlighting the industry's volatility and risks. The company also introduced a feature for verified NFTs.
Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours
Ethereum has not been able to get the right footing since the much-anticipated Merge went live on September 15.
Cross-chain Orbit Bridge allegedly experiences a $82 million exploit
Orbit Chain experienced $81.6 million in financial loss due to unauthorized transactions, involving fake signatures and unauthorized transfers of cryptocurrencies into new wallets.
Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying
Bitcoin now accounts for just over 70 percent of the total cryptocurrency market capitalization as of September 3rd according to CoinMarketCap.
Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde
Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Digital Euro that it will not be used for commercial purposes.
Unannounced Ethereum Hard Fork: Binance ETH Withdrawals Temporarily Halted
Ethereum’s network has suffered a hard fork, as there were irregularities on infrastructure providers Infura and Blockchair.
Ethereum’s Crowd Sentiment Hits a Two-Month High as ETH 2.0 Surpasses 200,000 Validators
Ethereum recently jumped above the $2,400 level, triggering crowd sentiment on Twitter to hit a two-month high, as acknowledged by on-chain metrics provider Santiment.
Ethereum’s Daily Transfers Have Increased from $373 Million to Over $9 Billion in Just a Year
Ethereum has been transacting enormous daily volumes to the tune of more than $9 billion.
April 23: ETH Eating The Stablecoin World
Will ETH-inspired rally continue to drive the market? Will oil stabilize despite a fundamental short-term storage environment with a popular flawed ETF product? Will halvening next month start getting the market excited? Bottom line: mixed messaging.
Five EU Member States Take Position Against Stablecoins
Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region
ETC Group to Launch New ETP Based on Upcoming Ethereum Hard Fork
ETC Group has joined a growing list of firms that will list products associated with Ethereum’s potential forked ETHW token.
Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading
Australian online broker SelfWealth plans to list 10 cryptocurrencies, including Bitcoin and Ethereum, on its trading platform for trading before the end of this year.
Ethereum’s Speculative Action Goes through the Roof as the Merge Edges Closer
Since the Ethereum merge has been awaited with bated breath by the crypto community, the network’s speculative action has skyrocketed.
Mixin Network Urges Hacker to Return Funds, Offers $20M Bug Bounty
Mixin Network, compromised in a $200 million hack, has directly communicated with the hacker, offering a $20M bug bounty for the return of stolen assets. The transaction was confirmed on Ethereum block 18225451. Investigations by cybersecurity firms are ongoing, and the incident has led to debates about security measures in the crypto ecosystem.
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products.
Ethereum’s Berlin Hard Fork Anticipated for April
While Ethereum developers have been working on perfecting ETH 2.0, an upgrade to the current Ethereum 1.0 mainnet is expected to go live in mid-April.
Ethereum’s Surge Above $2,700 for the First Time in 2 Months Causes Crowd Euphoria
Ethereum’s uptick above $2,700 not experienced in two months has made the crypto community excited.
Google DeepMind: Subtle Adversarial Image Manipulation Influences Both AI Model and Human Perception
Recent DeepMind research reveals that subtle adversarial image manipulations, originally designed to deceive AI models, also subtly influence human perception. This discovery underscores similarities and distinctions in human and machine vision, emphasizing the need for further research in AI safety and security.
Ethereum Recording Massive Retail Storm As Number of Ethereum Addresses Hit Another ATH
The total number of Ethereum addresses holding at least 0.1 ETH surges to a new high, a day after setting the milestone.
Ethereum Experiences Accumulation Trend as Price Continues Trading Above $3,000
Ethereum has been experiencing notable accumulation based on the mean coin age, illustrating more demand.
Coinbase Incubated Base Network Sets Sights on Mainnet Launch: A Boon for Ethereum Layer 2 Ecosystem
Base, an Ethereum Layer 2 (L2) network backed by Coinbase, is preparing for a mainnet launch, bringing its secure, low-cost solution for decentralized app (dApp) development to the forefront of the blockchain world.
Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny
Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
CUHK Pairs with ConsenSys To Launch Blockchain-based Covid Digital Health Passport
The Chinese University of Hong Kong and an Ethereum technology company-ConsenSys have launched a blockchain solution-based digital health passport for trial to record all Covid-19 related activities.
The Merge: Why Ethereum Investors Must Remain Cautious as Bellatrix Upgrade Goes Live
The Bellatrix Upgrade is set to go live on the Beacon Chain of the ETH Network today as the entire community prepares for the forthcoming merge of the current PoW chain with the PoS model.
NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.
The Networked Ledger—The Evolution of Blockchain Software from Bitcoin to Ethereum
A look at origins and how blockhain has evolved and continues to disrupt our systems of industry and finance, from Bitcoin to Ethereum
The ECB Warns Financial Stability Risks If Central Banks Fails to Issue Digital Currencies
The European Central Bank (ECB) warns that nations who decide not to issue CBDCs may encounter risks to their monetary autonomy and financial systems.
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.
Analyst Believes Capital Flocks to Ethereum’s DeFi Sector
Market analyst Lark Davis noted that big money flow was piling in Ethereum’s decentralized finance (DeFi) sector, and that's bullish.
Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong
A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency, either in Bitcoin or Ether, as payment.
Deutsche Bank Executive Says CBDC is More of a Political Decision
Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.
Coinbase warns of delays for ETH unstaking after Ethereum Merge
Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."
Starknet's Massive STRK Token Airdrop: Navigating the Hype and the Hunt for Rewards
Starknet Foundation's strategic airdrop of 1.8 billion STRK tokens aims to fuel network growth and user engagement, amidst concerns of airdrop farming by savvy participants. Eligibility spans Ethereum developers, users, and a focus on rewarding community contributions.
Introducing Digital Euro to Protect Monetary Sovereignty amid Cashless Tendency: Lagarde
Christine Lagarde, the President of the European Central Bank, suggested introducing Euro is necessary to maintain its leading role amid the cashless tendency.
Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
A European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high.
New London Upgrade Could Help Ethereum Hit $3,000, Crypto Expert Says
Ethereum is likely to increase its value based on the speculation and hype surrounding the London upgrade event.
Deutsche Bank Survey Predicts Bitcoin Could Plunge Below $20K
Deutsche Bank survey indicates pessimistic Bitcoin price outlook, with 33% expecting it to drop below $20,000 by 2024, while 15% anticipate stabilization between $40,000 and $75,000.
High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis
Illicit cryptocurrency activities have increased in the region driven by economic sanctions.
CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29
CME is about to launch Euro-denominated Bitcoin and Ether Futures products to meet the ever-growing demand for derivatives from an influx of retail and institutional investors.
Euler Finance Audited 10 Times Before $196 Million Attack
Euler Finance, an Ethereum-based lending protocol, underwent 10 audits from six different firms in two years before it suffered a $196 million flash loan attack. Despite this, the audits deemed the platform "nothing higher than low risk" with "no outstanding issues." The attack prompted Euler to launch a $1 million bounty for information leading to the hacker's arrest, only for them to move the funds through crypto mixer Tornado Cash.
Portugal's Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination
Portugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizations.
Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade
Kraken, a leading US-based crypto exchange, revealed its $250,000 donation aimed at helping open-source developer teams tasked with the Ethereum (ETH) 2.0 upgrade.
Three EU Regulators Warn Crypto Investors of Potential Losses
Three European Union regulators have warned investors of the potential loss in the digital currency ecosystem.
Ethereum Takes the Lead in GitHub Development Activity
Ethereum continues to scale heights because it has jumped to the top position in terms of GitHub development activity, according to market insight provider Santiment.
Bitcoin and Ethereum Crypto Prices Exploding Because Gold is Lame says Vitalik Buterin
Over the weekend the Bitcoin price exploded to almost $35,000 and ETH soared to over $1000. Why? Because “gold is lame” according to Ethereum founder Vitalik Buterin.
Stock Market Responds Positively to President Joe Biden's Inauguration, but what about Bitcoin and Ethereum?
With the ascent of President Joe Biden into office, the stock market is bullish, but Bitcoin and Ethereum have failed to deliver as much of a gain.
Is Ethereum Getting Ready for a New Bull Run?
Ethereum continues to enjoy a bullish momentum above the psychological price of $3,000.
Ethereum to Launch Zhejiang Public Withdrawal Testnet
Staked Ethereum is frozen until the Shanghai update.
Ethereum and Litecoin Could See Slight Correction Before Continuing Bull Run
Ethereum (ETH) is currently trading at $1,107 at the time of writing, up by over 7 percent in the past 24 hours.
Ethereum (ETH) Price Analysis - March 3, 2021
Grayscale purchased 19,238 Ether in the past 7 days to expand its Ethereum Trust, a bullish sign for the cryptocurrency. What should we expect from ETH in the next few days?
3 Reasons Bitcoin, Ethereum, and Ripple’s XRP Price Will Surge Higher This Week
With Thanksgiving on its way and major central bank announcements incoming, there are three major reasons we expect the BTC, ETH, and XRP price to continue to rally higher.
Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban
President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.
Privacy blockchain platform Aztec to shut down Aztec Connect
Privacy-oriented blockchain platform Aztec is set to shut down Aztec Connect, its network's privacy infrastructure serving as the encryption layer for Ethereum. Aztec will no longer run a sequencer from March 2024, and the current system will no longer publish rollup blocks processing Aztec Connect transactions.
Ethereum, Ripple XRP, and Other Altcoins Surge Higher with Bitcoin as It tops $22K
Bitcoin’s rally to its new all-time high is all that crypto traders were anticipating to wrap up the year with a bang.
Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.
Solid Bull Run: Why Ethereum Is Up 50% in 10 Days
Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.
The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner
According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.
Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market
Ethereum returned to levels last seen in June based on renewed momentum following the popping up of the merging events.
Ethereum Scaling Solution zkSync to Launch Mainnet in 3 Months
Ethereum Layer 2 scaling solution zkSync announced that it will be going live on mainnet in the coming three months.
Ethereum Has Broken Its Resistance Level of $1,682 as EIP 1559 Update Anticipated - What's Next?
The price of Ethereum (ETH) has risen, breaking through the resistance levels of $1,500 and $1,600 successfully. In the short term, it needs to break above $1,682 to continue its uptrend.
Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan
The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives.
Crypto Assets Surge with Record $2.9B Inflows, Bitcoin Dominates Market
The latest CoinShares report highlights a record-breaking week with $2.9B inflows into digital assets, positioning Bitcoin as the market leader.
TrueUSD's TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust's Challenges
In June 2023, TrueUSD (TUSD) experienced significant growth and adoption across multiple blockchain ecosystems. With the circulating supply reaching 3,059,838,623 TUSD, backed by dollar reserves of over $3 billion, the stablecoin is gaining more recognition in the crypto markets.
Ethereum Price is Ready to go Ballistic in Late 2021, says Crypto Analyst
Crypto analyst Michael van de Poppe has disclosed that ETH is doing quite well on the BTC pair and is set for a ballistic price move in late 2021.
Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction
Vitalik Buterin draws attention to predictions of lowered Ethereum gas fees post-EIP-4844, with market speculation suggesting major cost cuts.
Binance CEO Clarifies Details on CommEx Integration
Binance CEO, CZ, sheds light on Binance's association with CommEX through a tweet. Cryptocurrency transfers are ongoing, with potential ex-Binance team members joining CommEX. Amid regulatory challenges, Binance sells its Russian operations to CommEX but remains optimistic about global prospects.
Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release
Ethereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.
Mantle (MNT) Network Launches Mainnet v2 Tectonic
Mantle Network has completed its Mainnet v2 Tectonic upgrade, delivering low gas fees and enhanced EVM interoperability.
Is Ethereum 2.0 Ready For the Bull Run?
The initial stage of Ethereum 2.0 is set to start in a few months, with many experts arguing that it may be the catalyst for a huge industry bull run. Adam Cochran, a partner at MetaCartel Ventures DAO, released a blog which outlined why he believes Ethereum 2.0 “could prove to be the largest economic shift in society.” So, is Ethereum 2.0 ready for the bull run?
Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge
Societe Generale-Forge has selected the Tezos blockchain for its central bank digital currency (CBDC) experiment with the French central bank.
Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market
The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.
Ethereum Tumbles as Low As $2,115 Partly Triggered by Delayed London Hard Fork Release
Ethereum is likely to extend its drop as indicated by a rising wedge chart.
German Sparkasse-Savings Banks to Launch Bitcoin and Ethereum Services
A group of about 370 savings banks in Germany, collectively known as Sparkasse, are working on plans to launch services bothering around Bitcoin (BTC) and Ethereum (ETH) as early as the coming year 2022.
Tether Launches USDT on Kava Blockchain
Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.
Ethereum 2.0: Upcoming Upgrade Will Not Eradicate High Gas Fees
The Ethereum Foundation (EF) has debunked some of the misconceptions related to the upcoming merge of the Ethereum network’s Beacon Chain, saying that gas fees would not be eradicated.
May 13: ALT Coins Give You Wings
Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.
Ethereum Miners Revenue Percentage Reaches Monthly Low
The percentage of miner revenue from fees on the ETH network reached a monthly low of 36.145%.
Nocturne Crypto Shuts Down Version 1 for New Venture
Nocturne, initially established to enhance crypto privacy and accessibility, is refocusing its direction by shutting down Nocturne v1 to develop a new application-based product.
OKX NFT Adds Base, Linea Support, Beyond Ethereum, Optimism, Polygon
OKX expands NFT Marketplace compatibility to 17 blockchains, including Base and Linea, enhancing interoperability and composability, and utilizing over 11 blockchain networks as a centralized hub for NFT transactions.
Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run
Coinbase digital currency exchange voiced its support for Ethereum 2.0, the blockchain upgrade that launched at 12 pm UTC yesterday.
Ethereum and Formula 1 Racing Team Up for Blockchain-Based Gaming
In-game purchasing and item collection has seen growing popularity in the gaming industry. Gamers are investing time and money into attaining the best items money can buy.
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.
Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification
Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores the nuances in Ethereum's layer-2 scaling solutions, focusing on security and scalability trade-offs.
Ethereum’s Upside Appears Limitless as ETH Breaches $2,400 For the First Time Ever
On-chain metrics provider Santiment has delved deeper into Ethereum’s uptrend and noted that its rally to $3k and beyond looks set.
Instagram to Support NFT Integration Across 4 Popular Exchange Platforms
Meta Platform Inc’s social media offshoot, Instagram is reportedly on track to support Non-Fungible Tokens (NFTs) from 4 prominent blockchain protocols including Ethereum (ETH), Solana (SOL), Polygon (MATIC), and Flow (FLOW)
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
More Money has Flowed into Ethereum than Bitcoin in 2021
Ethereum has emerged as the victor because more money has trickled into its network than Bitcoin in 2021 based on the market capitalization metrics.
Ethereum Layer 2 Startup Optimism Raises $150m in Series B Round
Ethereum scaling startup Optimism has secured a $150 million Series B round co-led by Andreessen Horowitz and Paradigm.
Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations
A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.
Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?
A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.
China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies
The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.
Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.
Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU
Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).
Dutch Central Bank Grants First-Ever Crypto Service Registration
The Amsterdam Digital Asset Exchange (AMDAX) has secured the De Nederlandsche Bank (DNB) in line with EU Anti Money Laundering guidelines.
EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto
The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.