Ethereum (ETH)

Consensys, the blockchain development firm behind the popular MetaMask crypto wallet, has decided to lay off over 160 employees. The move impacts 20% of its total workforce. According to founder and CEO Joe Lubin, this decision was driven by macroeconomic challenges and substantial legal costs incurred during the company’s extended regulatory battles. Job Cuts at Consensys In the latest blog post, Lubin criticized the US Securities and Exchange Commission (SEC) for what he...

[PRESS RELEASE – New York, NY, October 30th, 2024] Morph, a global consumer layer for driving blockchain adoption, today announced its mainnet launch on Ethereum. The mainnet launch marks a significant milestone in building Morph’s consumer layer, serving as an expansion beyond a typical Layer 2. Morph’s consumer layer directly addresses the root causes of limited blockchain adoption, enabling ecosystem participants to exchange real assets and engage in transactions. Projects...

First Neiro on Ethereum (NEIRO) has jumped 16% since Saturday – ending its sideways consolidation. But can NEIRO keep rising, or is it just a temporary reprieve? Meanwhile, Flockerz (FLOCK) continues to gain momentum in its presale and looks well-positioned to explode once it hits exchanges. NEIRO Price Soars After Binance Pay Integration NEIRO has climbed to $0.0016, marking its highest price in five days after successfully defending key support at $0.0014 over the weekend....

Investment inflows into digital assets reached a whopping $901 million in October, comprising 12% of assets under management and marking the fourth-largest monthly inflows to date. With these additions, year-to-date inflows have reached $27 billion – almost triple the 2021 record of $10.5 billion. US Political Climate Drives Bitcoin Inflows According to the latest edition of CoinShares’ “Digital Asset Fund Flows Weekly Report,” the month’s inflows were overwhelmingly focused...

[PRESS RELEASE – Tortola, British Virgin Island, October 25th, 2024] Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. As part of its recovery strategy, Aark Digital is offering a 15% bounty to the individual...

As the meme coin field expands, Crypto All-Stars brings something entirely new to the space. It’s currently undergoing a presale where it has raised $2.5 million so far. Crypto All-Stars ($STARS) is building the world’s first unified staking protocol for meme coins, allowing users to generate passive income on a number of prominent joke tokens. $STARS raises $2.5M, while some investors let go of DOGE, SHIB for bigger returns Crypto All-Stars is bringing utility to the meme...

[PRESS RELEASE – Dubai, UAE, October 22nd, 2024] The TON ecosystem, initially celebrated for its decentralized architecture and seamless integration with Telegram, is now facing significant challenges from an uptick in fraudulent activities. According to a newly published report by Match Systems, scams targeting TON users have escalated in frequency and sophistication, raising concerns across the broader blockchain community. Match Systems’ comprehensive research highlights...

As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election Optimism According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the trading volumes of investment products have...

Ethereum co-founder Vitalik Buterin has shared insights into Ethereum’s next upgrade on its technical roadmap – The Scourge. It aims to fix issues involving centralization concerns in Ethereum’s staking and block production. Buterin has proposed several fixes to these shortcomings the layer-1 blockchain faces. Ethereum’s Scourge to Reduce PoS Centralization Following Ethereum’s Merge upgrade in late 2022, the smart contract blockchain transitioned from a proof-of-work (PoW)...

TL:DR; ApeCoin’s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today. However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project. APEMania Is Here? It’s safe to say that today belongs to ApeCoin’s native token. As reported earlier, it exploded by 65% in hours after the launch of ApeChain – the protocol’s bridge that allows users to...