Summary: Polygon (MATIC) has launched an uncapped fund to assist Terra projects willing to migrate to its chain. Financing of the fund will come from $450 million already raised by Polygon, its treasury, and a $100...
Ethereum is attempting to break away from the influence of Bitcoin in the crypto markets ETH’s one-month correlation with Bitcoin has dropped to 68% Ethereum’s $2,500 support remains strong after ETH set an all-time high of...
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,...
Key takeaways: Ethereum’s Merge will happen today on the Ropsten Testnet. A successful Merge of the Beacon Chain and the Ropsten testnet will be the first signal of a potentially successful launch on the Ethereum mainnet....
Lido Finance announced that it is available on Layer-2, and users can bridge their staked Ethereum. Currently, Arbitrum One and Optimism are supported. Lido will also allocate 150,000 LDO tokens in rewards per month across each...
Switzerland’s SEBA Bank has launched an Ethereum staking service for institutional clients. The bank is fully regulated and says clients have been asking for staking services. Ethereum staking and the number of validators have also hit...
In brief: The ETH holdings of the top 10 Ethereum whales has dropped to a 3 month low The drop could signify selling but could also be a case of adoption through numerous DApps At the...
In summary: The team at Weiss Ratings observe that large investors of Ethereum and Bitcoin have been adding to their holdings. Additionally, the month of March was capitulation month and the best time to buy BTC...
Ripple has started testing an EVM compatible sidechain that can bring Ethereum based smart contracts to the XRP Ledger.
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...
In brief: Ethereum miners are earning an average of $800,000 per hour This value is up from yesterday’s peak of $500,000 High Ethereum network activity due to DeFi has led to a steady increment in ETH...
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...