Discover the Latest ETH News & Price

Celsius Network Reportedly Lays Off 25% of its Workforce

John P. Njui·July 3, 2022

Celsius Network Reportedly Lays Off 25% of its Workforce 12

Summary: Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce. The team behind the lending platform had last month hired restructuring advisors. Celsius Network has also put forward three proposals...

Coca-Cola to Release a Pride Series NFT Collection on Polygon (MATIC)

John P. Njui·July 3, 2022

Coca-Cola to Release a Pride Series NFT Collection on Polygon (MATIC) 13

Summary: Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community. Coca-Cola will be collaborating with artist and advocate Rich Mnisi. The Pride Series NFT collection will be minted on...

Circle’s CEO Quells USDC Fears, States the Company Is Financially Strong

John P. Njui·July 2, 2022

Circle's CEO Quells USDC Fears, States the Company Is Financially Strong 15

Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse. He added that it is understandable why the crypto community would worry about USDC, given the...

KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance.

John P. Njui·July 2, 2022

KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance. 16

Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance. He further...

Three Arrows Capital’s Su Zhu is Selling His $35M Singapore Mansion – Report

John P. Njui·July 1, 2022

Summary: Three Arrows Capital Co-founder, Su Zhu, is reportedly looking to sell his $35 million Singapore mansion. Su Zhu allegedly bought the mansion in December 2021 at S$48.8 million. The house is held under a trust...

Celsius Network Denies its CEO Attempted to Flee the United States

John P. Njui·June 28, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 18

Summary: The team at Celsius Network has debunked rumors that the project’s CEO attempted to flee the United States. Celsius Network representatives have spoken with two crypto media publications pointing out that all its team members...

Ethereum’s Merge to Reduce Demand for GPUs, says Morgan Stanley

John P. Njui·June 27, 2022

Ethereum's Merge to Reduce Demand for GPUs, says Morgan Stanley 19

Summary: According to a Morgan Stanley analyst, demand for GPUs should reduce with Ethereum transitioning into a proof-of-stake network. The crypto drawdown has further reduced the profitability of Ethereum mining. However, the Ethereum mining community could...

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit

John P. Njui·June 26, 2022

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit 20

Summary: Harmony Protocol has offered a $1 million bounty for the return of the stolen funds from the hack of its Horizon bridge and for information on how it happened. Harmony Protocols’ founder has so far...

Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project

John P. Njui·June 25, 2022

Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 21

Summary: Yuga Labs has announced that it has filed a lawsuit against parties slandering the Bored Ape Yacht Club NFT project. The Bored Ape Yacht Club NFT project has been the victim of conspiracies that it...

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

John P. Njui·June 24, 2022

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th 22

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...

Ethereum’s Vitalik Criticizes 3AC’s Co-founder Alleged Yacht Purchase, Says There are More Honorable Ways to Burn $50M

John P. Njui·June 23, 2022

Ethereum's Vitalik Criticizes 3AC's Co-founder Alleged Yacht Purchase, Says There are More Honorable Ways to Burn $50M 24

Summary: Ethereum co-founder, Vitalik Buterin, has thrown some shade into Su Zhu’s alleged $50 million yacht purchase. According to Vitalik, there are better ways of burning $50 million, such as becoming a Gitcoin grants matching partner....

Ethereum Devs. Confirm Only Goerli and Sepolia Testnets will be Maintained Post-Merge, to Retire Kiln, Rinkeby, Ropsten

John P. Njui·June 22, 2022

Ethereum Devs. Confirm Only Goerli and Sepolia Testnets will be Maintained Post-Merge, to Retire Kiln, Rinkeby, Ropsten 26

Summary: Ethereum core developers have confirmed that only Goerli and Sepolia Testnets will be maintained after the Merge. The Kiln, Rinkeby, and Ropsten testnets will slowly be retired. Ethereum developers are urged to shift to Goerli...

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Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Ethereum Merge Tentative Date Is Set And It’s Sooner Than You Think

Ethereum Price Headed to $2,000 as Ethereum Goerli Merge Goes Live

Youtube Crypto Influencer BitBoy Crypto Warns That He Is Planning Something That “Will Permanently Change Crypto”

Michael Saylor “I’d Rather Win in Volatile Fashion Than Lose Slowly, Sell your Gold”

$10 Trillion Asset Manager BlackRock Unveils Bitcoin Spot Exposure Via Private Trust

Virginia Pension Fund Aims To Boost Its Returns Using Yield Farming

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Consumer Watchdog Tina.Org Is Calling Out Celebrities For Endorsing NFTs Without Disclosing Their Connection With Projects

Orpheus Media Acquires 24.5% Of Barca Studios In A 100 Million Euros Deal

Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders

Dogecoin, Shiba Inu Are Leading The Current Crypto Price Rally

Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Celsius Lost Over $100 Million In Grayscale Bitcoin Trust Trade: Financial Times Report

Nomiswap.io DEX launches $50,000 giveaway for a video review of the platform

Logium, The first DEX on Ethereum That Allows You To Bet On the Price Of Every Token On Uniswap

Bexplus Announcing $5,000 Rewards For New Users: Profiting With 2 Benefits & 3 Tools On Bexplus

Ethereum (ETH) News