Like bitcoin, Ethereum has lost a lot of value in recent months.The world’s second most valuable crypto asset touched a low of almost $850 during the recent market sell-off.As a result of the crypto winter, the total number of active Ethereum addresses has now reached 28,149, the lowest level since …
Read More »BAYC’s Otherside NFT Drop Triggers ETH Burning Frenzy
Ethereum’s burn rate is at its peak due to the anticipated NFT sale of BAYC creator Yuga Labs. ETH soared to unprecedented levels thanks to the anticipated virtual land sale related to Yuga Labs. Just hours after the sale of 55,000 virtual land NFTs dubbed “Otherdeeds,” Ethereum gas fees have …
Read More »Bitcoin and Ethereum Reverse Gains, TRX and DCR Rally
–BTC stayed below 43,200 USD.-ETH is around 3000 USD. XRP broke 0.75 USD support.-TRX and DCR showed the best performance today. BTC crossed the 42,500 USD level but failed to surpass 43,200 USD. It is trading around 40,500 after a sharp decline. BTC is down 3% in one day, while …
Read More »Ethereum Miners Surpasses Bitcoin Miners Continuously In Revenue
Ethereum miners have continued to trump their bitcoin counterparts in terms of revenue. Ethereum is the second-largest cryptocurrency by market stat and has now proven that it is a better option when it comes to mining cryptocurrency. This has made Ethereum a more profitable platform for miners. In the past, …
Read More »Bitcoin aims for new weekly highs As The Price Of Ethereum, XRP, BNB, and major Altcoins soar
The value of Bitcoin looks confident to reach above $50,000 for the first time ever since December, as investors remain ecstatic with the wave of good news. Although, its price has dropped back to $45,000. Ethereum has also struggled—even as traders gear up for a huge upgrade—with the likes of …
Read More »Hackers Extort Millions From Ethereum DeFi Protocol – Inverse Finance
An Ethereum Defi protocol – Inverse Finance was hacked in the early hours of Saturday. According to reports, the hacker has already stolen over $14.6 million through Tornado Cash. Another day, another DeFi hack – sounds all too familiar, right? Inverse Finance is the latest Ethereum protocol to suffer a …
Read More »Vitalik abused again on Twitter following Time Magazine Interview
The founder of the world’s second-largest cryptocurrency, Vitalik Buterin, has once again become a target for social abuse on Twitter — this time after being featured on the front cover of TIME magazine. The Ethereum co-founder gave quite an impressive interview filled with insights as to how the next phase …
Read More »More than 40 Crypto Wallets threatened by new data theft malware
A new malware that threatens the safety of crypto assets kept in digital wallets is on the rampage. The virus known as Mars Stealer is capable of attacking over 40 browser-based crypto wallets including Metamask, Coinbase Wallet, TronLink, Nifty Wallet, and Binance Chain Wallet. Security researcher 3xp0rt says the information-stealing …
Read More »Lower chamber of UK’s Parliament Not Convinced About CBDC
The second chamber of the UK’s House of Lords says there is “no convincing case” for the country to create its central bank digital currency, otherwise known as a CBDC. “While a CBDC may provide some advantages, it could present significant challenges for financial stability and the protection of privacy,” …
Read More »Argentina’s ex-president bullish on Ethereum after meeting with Vitalik Buterin
Argentina’s President between 2015 and 2019, Mauricio Macri, appears to have been won over by Ethereum co-founder Vitalik Buterin. The Republican Proposal Party member tagged Ethereum as “one of the most innovative decentralized technologies,” adding that the coin’s native token, Ether, is the most valuable in the world. Buterin and …
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