Earlier this year, Tether revealed that it would be diversifying the presence of its flagship stablecoin, USDT. After basing the U.S. dollar-backed (this is up for debate) cryptocurrency on Omni, a Bitcoin-based system, for years, Tether...
Like it or not, cryptocurrencies have yet to see mass adoption. Bitcoin, Ethereum, and all the rest are barely used as a form of currency, a store of value, a unit of account, or even as...
In brief: Tron’s founder, Justin Sun, has bid half a million USD for Jack Dorsey’s first Tweet on the Valuables NFT market Jack Dorsey listed the tweet for sale earlier today The Ethereum based Valuable NFT...
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...
Quick take: Gitcoin is hosting a fundraising campaign to benefit the humanitarian effort in Ukraine The fundraising campaign will run from the 9th to the 23rd of March $700k has been set aside by Gitcoin Grants...
Quick take: The Ethereum mixer of Tornado Cash has blocked several Ethereum addresses highlighted and sanctioned by the US Office of Foreign Assets Control One of the Ethereum addresses belongs to the North Korean hacker group...
The developers of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), have finalized six different codebase modifications that will be activated during the next hard fork (backwards incompatible upgrade), called Istanbul. As discussed...
Summary: Ethereum Foundation researcher Michael Neuder proposed increasing the validator balance cap from 32 ETH to 2,048 ETH. The idea being considered within the developer community would stem the growing active validator set size and optimize...
Quick take: The Grayscale Ethereum Trust (ETHE) has had a fruitful Q4 by gaining 274% October 1st found ETHE trading at $39 The share price is now at $146 with a possible correction in the days...
ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at...
Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon,...
In summary: Ethereum has long been known for high gas fees during times of network congestion. The DeFi boom and related stablecoin activity are two reasons for Ethereum’s current congestion that results in high ETH fees....