Ethereum (ETH) is a cryptocurrency and a platform for creating blockchain-based decentralized online services based on smart contracts. Implemented as a single decentralized virtual machine. The concept was proposed by Vitalik Buterin at the end of 2013, the network was launched on July 30, 2015
Ethereum sidechain Polygon releases a system for on-chain identification of users called Polygon ID. The project was in a closed test phase for a year. User data should be better protected. Cardano founder Hoskinson considers functions of this type to be groundbreaking. Polygon releases system for on-chain identification After about a year of the closed test phase, Polygon…
Cardano is top mover in DeFi . The ecosystem is constantly growing. The whales also remain optimistic and are buying ADA heavily. Since the beginning of the year, they have caused price growth of up to 70 percent. Cardano: Ecosystem is constantly growing As can be seen from the Cardano Blockchain Insights , the Cardano ecosystem is constantly growing. At the beginning of…
The time of crypto has finally come? That belief is Dan Morehead, founder of Pantera Capital. As evidence, he provides the price movements of the crypto market, which are increasingly separating from the classic financial sector and have the potential to develop independently in the long term. Therefore, they would become the target of mass investments. Dan Morehead:…
Dan Holzmann, co-owner of FC Basel, invests in the NFT marketplace Exclusible. He wants to conquer the luxury segment and is cooperating with famous brands such as car manufacturer Alpine or watch manufacturer Louis Monet. The company recently collected five million euros in investments. FC Basel co-owner finances NFT companies Dan Holzmann is a co-owner of FC…
On September 28, Cardano, the blockchain around Ethereum co-founder Charles Hoskinson, celebrated its fifth anniversary. The project has already achieved a lot since it started in 2017, although the development team at Input Output Hong Kong (IOHK) is known for its scientific (i.e. rather slow) way of working. However, after half a decade, three of the five major…
Only a few weeks after the drama surrounding the crypto mixer Tornado.Cash, there are signs that the worst expectations are coming true. The neutrality of the Ethereum blockchain is increasingly threatened. Almost half of all new blocks are now affected by censorship. Ethereum neutrality: around 45 percent blocks censored In August, the US Treasury announced sanctions against Ethereum (ETH)…
A lot has happened in the field of so-called crypto tokens since the introduction of bitcoin . The popular Initial Coin Offerings ( ICO ) no longer only include pure cryptocurrencies such as BTC, Ethereum or Ripple. A number of new varieties have emerged over time. Our analysis of the various types of tokens is about precisely these different variants. This gives interested…
Is the Ethereum Foundation cheating the investors of its own project? For a long time, the merger was considered the starting signal for withdrawing staked ETH. After the developers deny this, they name a new date that is now much further away. Investors should therefore exercise caution when staking Ether. Ethereum: Stake to Shanghai available? The merge marks the transition of…
A certain type of Ethereum wallet address has a vulnerability that allows unauthorized access. Users can lose their entire assets stored there and should therefore react as soon as possible. Ethereum: Vulnerability in wallet addresses The five-year-old vanity address generator Profanity has a critical vulnerability that allows unauthorized users to gain access to the private keys. Profanity creates…
Polygon (MATIC), the Layer 2 solution for Ethereum, is cooperating with the Starbucks coffee house chain, giving a wide range of users the opportunity to playfully take their first steps into Web3. The resulting loyalty program, Odyssey, is slated to launch in 2022. Polygon (MATIC) operates Starbucks Odyssey The US coffee house chain Starbucks announced in the spring…
ETH lost more than 7% in less than 24 hours after the announcement of the Beacon chain block reorganization. Ethereum Beacon Chain is undergoing a seven-block reorganization. Like other crypto and traditional financial markets, Ethereum is also facing intense selling pressure. Our data shows that Ethereum is down 3.4% in the last 24 hours to trade at…
Goldman Sachs is the first major US bank to offer Bitcoin-collateralized cash loans. The financial service provider has already introduced several crypto services in 2022, thereby demonstrating its confidence in the new industry. On April 28, Goldman Sachs announced the launch of its first Bitcoin-collateralized lending offering. This is a significant move by a major US…
Despite regulatory deficits, India has emerged as one of the largest crypto markets in the world, with Bitcoin at number one, followed by Tether and Shiba Inu. Much of the growth didn’t come until 2021, as investors diversified their portfolios due to the uncertainty that came with COVID-19. Despite its regulatory uncertainty, India has emerged…
Volatile crypto prices: BitMEX CEO Arthur Hayes sees heavy losses coming into June. Bitcoin could fall to $30,000 and Ethereum to $2,500. After the market rally in March, the cryptocurrency has been volatile, and BitMEX CEO Arthur Hayes predicts the drop could get worse. Amid losses, the total market cap of all crypto assets has fallen to less…
Crypto wallets built into Opera give millions of users easy access to Web 3.0. Blockchain integration gives Opera users access to several thousand DApps on the Polygon and Solana networks. On March 30, Norwegian company Opera-Software announced that its namesake web browser has now added support for more blockchains/cryptocurrencies: they include Bitcoin, Polygon, Solana, Celo,…
Shiba Inu develops procedures for virtual property purchases in the Shiba Inu Metaverse. LEASH and SHIB holders will be given priority access before public sales begin. Earlier this year, the developers of Shiba Inu Coin announced their decision to enter the Web3 world of the Metaverse. Entry has since taken place, codenamed Shiberse, but little is…
At the current Ethereum burn rate, Ethereum supply has negative growth of 2.2 percent per year. OpenSea, ETH transactions and Uniswap have contributed the most to the Ethereum demise so far. ETH price is up more than 5.2 percent in the last 24 hours. Crypto market analyst and YouTuber Lark Davis says Ethereum’s best days are…
Joe Lubin, Co-Founder of Ethereum and CEO of ConsenSys, is confident that the new, innovative Ethereum version will be launched in the next few months. At the crypto event Camp Ethereal last week, he explained the significant infrastructure changes that are intended to make Ethereum 2.0 more robust and secure Ethereum investors and supporters are…
Crypto journalist Laura Shin has attacked Cardano founder Hoskinson, claiming he does not have a university degree, let alone a PhD. Cardano price was around $0.8 today, down over 15 percent in the past seven days. In the crypto world, decentralization is key, and Cardano is no exception. Nevertheless, the founders of crypto projects are usually…
The decentralized finance platform AAVE announced the launch of Lens Protocol on February 7th. Lens Protocol is a decentralized social medium for Web3 built on the Polygon blockchain platform. According to the official website, “The Lens Protocol is a permissionless, combinable, and decentralized social graph that makes building a social platform for Web3 easy.” In the…
On Jan. 27, Mastercard announced its fourth-quarter 2021 results. During the earnings conference call, CEO Michael Mieback said a focus for the company will be improving the scalability of the Ethereum network. “We want to help increase the scalability of Ethereum through our ConsenSys partnership,” Mieback said. Last year, Mastercard partnered with blockchain company ConsenSys to introduce…
The Solana network is again affected by network instability with subsequent outage – the second this year and the fourth in six months. The most recent incident occurred on April 21/22. January and lasted 30 hours. There have been many failed deposit and withdrawal attempts and the volatility of price data has resulted in unlawful liquidations. The grid failure is…
The ecosystem of non-fungible tokens, the NFTs, has seen incredible acceptance in recent months as many prominent personalities and institutions have stepped into this area. In 2021, NFTs were reportedly worth over $ 20 billion. The CEO of O’Shares Investment Advisers, Kevin O’Leary, was very optimistic about NFTs in a recent interview and predicted that the…
Polygon (MATIC) has decided to follow other deflationary networks like Ethereum and Binance Smart Chain (BSC). According to an announcement made on December 14, the EIP-1559 upgrade will be implemented in a polygon test network in Mumbai. EIP-1559 (Ethereum Improvement Proposal) is an upgrade that was part of Ethereum’s London Hark-Fork in August. It limits transaction fees…
The cryptocurrency market has suffered a lot over the past week. Bitcoin slumped to a low of $ 45,000 – down from 58,000 a week ago. Ethereum, Solana, Binance Coin, Cardano and Polkadot have also depreciated. Now an altcoin is leading the charts with gains of 25%. Tezos has bucked the current market trend and rebounded quickly after hitting…
While the rest of the crypto market is grappling with the recent downward movement, Terra (LUNA) has caught attention as one of the top performing cryptocurrencies. According to our data , LUNA has gained 28.7% in the past seven days. Yesterday the coin hit a new all-time high of $ 77.37 before falling below the $ 65 mark. At…
Cryptocurrencies are gradually bridging the gap between speculative assets and mainstream assets as more companies include them on their balance sheets. It was above all Bitcoin that paved the way for this, among others at Microstrategy and Tesla. TIME Magazine is now also listing the largest altcoin; it is the first major publishing house to keep Ether on…
The neck-to-neck battle among Solana (SOL), Cardano (ADA), Ethereum (ETH), and Polkadot (DOT) continues because they have gained the upper hand in different crypto areas like decentralized finance (DeFi), non-fungible tokens (NFTs), and staking. Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49…
Polygon (MATIC), has launched a new technology in line with its mission to scale the Ethereum blockchain. The Miden virtual machine, powered by zk-STARK, will improve the validation process for decentralized applications (dApps) on the Polygon network. As announced by Polygon on its official Twitter account, We are proud to reveal the newest member of the…
Solana (SOL) becomes the third cryptocurrency, after Bitcoin and Ethereum, to be added on Bloomberg terminals as a standalone price tracker was developed by the media giant and Galaxy Digital. American digital currency service provider Galaxy Digital’s European head, Tim Grant, said that Bloomberg Terminal’s price tracker “Bloomberg Galaxy Solana Index” will allow people to start tracking Solana on its terminal, as…
Ripple Labs has announced a “Liquidity Hub” to allow financial institutions and clients to offer cryptocurrency services. Unveiled in a blog post on Nov. 9, the fintech firm touts the project as a “crypto-first future.” Every company will at one point require a digital asset strategy, Ripple noted. Notably, the new service will give Ripple’s…
The cryptocurrency market has experienced twists and turns in 2021, but this has not dampened its spirits to soar to new heights. This market’s capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion. This upward momentum has been boosted as leading cryptocurrencies continue setting new all-time highs. For instance,…
Elon Musk, the founder and CEO of the famous electric motor vehicle manufacturer, Tesla Inc, recently asked his more than 62 million followers on Twitter social media platform whether he should sell 10% of his personal Tesla shares. On Saturday, November 6, the U.S. billionaire investor took an extraordinary way concerning his financial future by asking his…
It’s been the year of Ethereum killers, with Cardano, Solana, Polkadot, Avalanche and others hitting new highs and grabbing global headlines. But according to one analyst, one project that’s been overlooked and that could soar before the end of the year is Fantom (FTM). Coin Bureau looked at some of the bullish factors that make…
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position. Despite Solana being founded in 2017, it has made significant strides this quarter because it recently hit an all-time high (ATH) price of $249. The fourth…
On Tuesday, October 12, most cryptocurrencies have weakened their prices as most are trading lower. Apart from Bitcoin, all other nine top cryptocurrencies are lower as of the time of writing at 09:00 Eastern Time. According to CoinMarketCap, Bitcoin is marginally up 1.77% currently trading at $57,546.41. The flagship cryptocurrency has surged its price to this level for the…
Traders and investors are becoming more aware of the potential of cryptocurrencies, especially with their growing multi-trillion market cap. Marion Laboure, an analyst and senior economist at Deutsche Bank, recently published a research-based interview covering digital currencies and their potential to shape the future of global payments. Already, Bitcoin and Ethereum are being used in…
The decentralized finance (DeFi) sector took the world by storm in 2020 after its value grew by fourteen times. Its presence in the crypto space continues to be felt as its value continues to skyrocket. According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208 billion. Ethereum…
Ethereum was invented to allow the execution of short programs and applications in the blockchain. While bitcoin focused on decentralized payments, ethereum created a platform for users to complete transactions by pushing arbitrary code. These short programs deployed on a blockchain are digital contracts, and they execute codes to react to transactions and hold funds…
The week has begun with some recovery in the crypto markets a few days after China’s regulator intensified renewed crackdown. On Friday, September 24, China’s central bank announced that crypto trading and all related services, including Bitcoin mining, are illegal. It was a difficult day of trading in the crypto markets as a new bout of China-driven…
Today on Friday, September 24, prices of all cryptocurrencies have plummeted amid the announcement by China’s Central Bank that all crypto-related transactions are illegal and must be banned in the country. Before China’s announcement, most cryptocurrencies were indicating good signs of recovery after the Monday crash, which wiped almost $200 million from the cryptocurrency market. On Friday…
Digital assets manager Osprey Funds has announced a launch of the Osprey Polygon Trust, its fifth investment product of the year. Polygon trust product is available to accredited investors for subscription with a $10,000 minimum investment. The company plans to list the fund on the OTCQX over-the-counter market as soon as possible to remove fees on shares…
In a major revelation, popular Shark Tank investor Kevin O’Leary said that he will be doubling his crypto holdings by the end of this year. Currently, O’Leary’s portfolio has 3 percent exposure to cryptocurrencies. The celebrity investor plans to increase this to 7 percent by the year-end. “I want to raise my exposure to crypto…
Robinhood Markets Inc. is launching a new cryptocurrency recurring investment feature that lets customers automatically invest in cryptocurrencies in a daily, weekly or monthly schedule. The US financial services company stated that such a service would let customers automatically invest in cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and other supported crypto tokens without a commission fee. The new feature is…
FTX, a popular cryptocurrency exchange in the US, has announced a launch of its NFT marketplace that aims to enable its users to create their own artworks and mint them as Non-Fungible Tokens (NFTs) on the exchange, to be sold within its marketplace. Sam Bankman-Fried, the founder and CEO of FTX crypto exchange, talked about the news…
The US Securities and Exchange Commission (SEC) is reportedly investigating Uniswap Labs, the development firm behind the largest decentralised cryptocurrency exchange (DEX), Uniswap. According to The Wall Street Journal media outlets, enforcement attorneys working at the agency are carrying out a civil investigation into Uniswap Labs, seeking information on how investors use the trading platform and how the team…
Cryptocurrency trading outfit OKEx has joined the Non-Fungible Token (NFT) bandwagon with the launch of DeFi Hub. This platform will feature a marketplace for all forms of digital collectables and the maintenance of a cross-chain DeFi dashboard. As announced by the exchange, the NFT Marketplace will make it easy for digital content creators and artists to mint their…
American financial services giant Paypal is on track to launch a new investor-focused product dubbed “Invest at Paypal.” Per a CNBC report, the offering is targeted at U.S customers. The revelation of this move was made by two sources familiar with the matter and comes the following report that Paypal has hired Rich Hagen, a market…
The Ethereum network has suffered a chain split as some validators were running operations on the older versions of the Ethereum network. Client Geth were cut off from the main network. This occurrence of the incident as validators cut off refused to update their software to suppress the impact of a bug in the network. The chain…
Decentralised Non-Fungible Token (NFT) marketplace, OpenSea is on the lookout for new engineers as it looks to relieve its current staffers from the overwhelming tasks of managing the marketplace’s trading volume. As revealed by Nate Chastain, the Head of Product at OpenSea, only about 37 people are handling over 98% of all trading volumes on the platform….