Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is...
Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The...
Quick take: Multiple Ethereum based projects affected by the KuCoin have intervened Some have frozen their ERC20 tokens with others initiating hardforks The KuCoin hack amount has increased to $203 Million and could continue climbing Almost...
Quick take: According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH 2017 was the first time ETH hit $300 when Bitcoin was at $1,000 ETH is still in the $300...
Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT...
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...
In brief: The team at Weiss Ratings has cautioned investors against using Tether (USDT) They cite that USDT is not 100% backed by fiat and Tether is running like a fractional reserve bank They recommend USDC...
Quick take: Ethereum’s adjusted transfer of value (7-day average) has exceeded that of Bitcoin ETH accomplished this feat on the 6th of September and has continued to increase its lead The Ethereum network continues to process...
In brief: Ethereum balances on exchanges have seen a drastic drop since the popularity of DeFi in August Ethereum investors continue to lock their ETH in smart contracts in DeFi protocols ETH volume on Decentralized exchanges...
Quick take: Over 460,000 Ethereum options expire this Friday, September 25th 90% of these options are held at Deribit Such a high number of ETH options expiring, coupled with a bearish crypto market, could result in...
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...
Quick take: Timothy Peterson has predicted that Chainlink will exhibit early Bitcoin returns of 300 – 400% per year The value of LINK is very much linked to the adoption of the ChainLink network More crypto...