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Ethereum (ETH)

Tether (USDT) Launches on Kava L1 Blockchain, KAVA Price Jumps More Than 10%

Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT. The leading United States dollar-pegged stablecoin, Tether (USDT) has found a new channel to mainstream adoption through the Kava network, a layer one (L1) blockchain that was designed with scalability and speed in mind. According to the announcement, Tether USDT will work closely with the Kava blockchain to reshape the future of decentralized finance....

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Ava Labs Unveils Game-Changing AI Assistant for Core Web Users

Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of the AI technology. Artificial intelligence (AI) has taken another foray into the cryptocurrency industry, the latest to embrace this cutting-edge technology is Ava Labs, the brains behind the success of Avalanche blockchain. The software development company recently unveiled its newest addition: AvaGPT, a generative AI assistant to enhance user experiences. In a lengthy Twitter thread on...

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Atomic Wallet Hackers Take Advantage of THORChain to Hide $35M

After making off with $35 million worth of ill-gotten crypto, the hackers who targeted Atomic Wallet earlier this month have covered their on-chain tracks using the cross-chain liquidity protocol THORChain. According to the crypto tracking platform MistTrack, the hacker’s address transferred 503 Ether (ETH) to THORChain over the past two days.  Those funds were then swapped for Bitcoin (BTC) and bridged into a Bitcoin address. In addition, much of the stolen ETH was converted...

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As Banks Fall, Crypto Gains More Popularity

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin, Ethereum, and many other mainstream forms of crypto are gaining a lot of traction and additional popularity as the banking crisis grows. Crypto Is Getting a Lot of Respect Not long ago, one of the banks to join the ongoing list of financial failures was First Republic. The organization’s assets were...

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Binance’s BNB Smart Chain Unveils Scalability Solution opBNB Powered by Optimism

The combination of BSC’s strong ability and opBNB’s dedicated new features will make data access easier. In a major announcement on Monday, June 19, Binance-founded Layer-1 blockchain platform BNB Smart Chain (BSC) introduced a new scalability solution opBNB, with the goal of offering a seamless experience for users, developers, and projects on BSC. Binance unveiled the testnet on the very same day inviting testnet validators and dApp builders to try their hands. They noted that opBNB will...

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Ethereum Price Analysis: ETH Could Recover To $1,900

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is eyeing an upside break above the $1,760 resistance against the US Dollar. ETH price is now trading above $1,720 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,725 on the 4-hour chart (data feed from Coinbase). The pair could...

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Hinman Documents From Ripple-SEC Case to Trigger More Decentralization in Crypto: JPM

Analysts at American multinational financial services giant JPMorgan said in a report that the Hinman documents released last week in the Securities and Exchange Commission’s legal tussle with the blockchain payments firm Ripple would likely trigger more decentralization in the crypto realm. The research report, seen by CoinDesk, further noted that the documents provide a significant advantage for ether (ETH), the second largest crypto asset by market cap. A Boost for Ether...

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Ethereum Developers Propose to Increase Max Effective Balance from 32 ETH to 2048 ETH per Validator

The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still young under the beacon chain, the Ethereum core developers continually engage each other on ways to help in the decentralization aspect. Moreover, the...

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ChainGPT Token (CGPT) is Launching on Ethereum – Bridging Web3 AI

[PRESS RELEASE – Please Read Disclaimer] Broadening its horizons and looking to increase its on-chain footprint, ChainGPT has begun its interchain movement by bridging the $CGPT token to the Ethereum Network. Enabled through a partnership with ChainPort, KuCoin, BitGet, and other top-tier Web3 partners, ChainGPT has developed a decentralized bi-directional bridge between the Binance Smart Chain and Ethereum for the $CGPT token. Now users will be able to transfer their $CGPT...

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TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With Over 10,000 Attendees

[PRESS RELEASE – Please Read Disclaimer] ● Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind● TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September● Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy Digital CEO Mike Novogratz SINGAPORE — 6 June 2023 — TOKEN2049, Asia’s premier Web3 and...

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