Quick take: Earlier this week, an Ethereum transaction with a $2.6M fee shocked the crypto community. A second transaction from the same ETH address also paid $2.6M in Ethereum fees. Also in the same week, a...
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to...
BitMEX CEO Arthur Hayes expresses his bullish stance on crypto In an interview with Bankless, Hayes shared how he thinks that Ethereum can easily hit the $3000 price mark by the end of this year. In...
The ETHW token’s value has dropped 60% a day after its launch on the mainnet. The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is...
Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day. The parent company and developer of...
On Wednesday, crypto giant Coinbase unveiled its latest product: interest on stablecoin USDC deposits. While it’s presumably a tantalizing offering for crypto traders, whose stablecoins currently yield 0%, this offering is easily surmounted by Ethereum decentralized...
Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a “sell the news” event. In the most recent writings on his Medium Blog, “Eth-Flexive” and “Max...
Ethereum Bulls Return as Altcoins Maintain Strength Altcoins seem to be back — for now. As of the time of writing this, Bitcoin dominance has hit 70% on CoinMarketCap, falling from a two-year high of 71.25%...
Over the past few months, Ethereum, the second-largest cryptocurrency and blockchain by market capitalization, has been seeing a Cambrian explosion in its decentralized finance (DeFi) sector. This hasn’t gone unnoticed. Case in point, a leading venture...
The current chair of the US Commodities and Futures Trading Commission boldly stated during a recent event that Ethereum is not a security but is rather a commodity, which means it falls under the oversite of...
Malta-based digital asset exchange OKEx will be supporting the upcoming Atlantis hard fork of the Ethereum Classic (ETC) network. The leading exchange confirms that it will support the backwards incompatible upgrade, which will be activated at...
Quick take: Ethereum whales seem unfazed by ETH’s recent drop in the crypto markets They have increased their holdings from 3.16 million to 5.8 million ETH in the past month Early September saw 68 new Ethereum...