Summary: The parent company of Axie Infinity is committed to reimbursing players affected by the $625 million hack 173.6k Ethereum and 25.5 million in USD Coin (USDC) were stolen from the Ronin bridge The Ronin Network...
In brief: OMG’s price seems to be running out of gas in the crypto markets. Its price surge came as a result of Tether announcing it was issuing USDT on the OMG network. As a result,...
Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun...
Miami City Mayor has announced a new NFT venture in collaboration with Time magazine, MasterCard, and Salesforce The city will be launching 5000 ethereum NFTs designed and created by 56 local artists The venture is set...
Quick take: Ethereum’s correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum’s correlation to Bitcoin hints of an altseason The weekly...
Quick take: Binance CEO has pointed out that Ethereum’s success might be its own killer He compares Ethereum to MySpace which failed after it could not handle the load due to demand ETH2.0 is years away...
Summary: Three ApeCoin whales have voted against the proposal to have APE remain on Ethereum. Late last week, 99% of the ApeCoin votes were for the proposal to keep APE within the Ethereum ecosystem. With the...
Ethereum has been leading the cryptocurrency markets over the past several days and weeks, surging from recent lows of below $170 to its current highs of nearly $190. ETH’s ability to surge past $185 – which...
Ethereum ended 2019 down marginally, with the crypto severely underperforming Bitcoin, which posted a nearly 100% climb throughout the past year. This lackluster performance came about in spite of strong fundamentals that were bolstered by a...
Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum...
Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In...
Summary: On-chain analytics startup Nansen reported massive inflows into staked Ether tokens following the Merge. Ethereum’s proof-of-stake upgrade successfully shipped on September 15, EWN reported. “Smart money” investors have deployed over $33 million into locked-up Ether...