In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced criticism from numerous quarters, being labeled a “ghost chain” due to its absence of a DeFi and NFT economy. However, the NFT landscape is undergoing a shift. According to the weekly chart shared by Stocktwits NFTs, the Cardano NFT floor price index sits 22% above that of...
Read More »Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
[unable to retrieve full-text content]CoinspeakerEthereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address While there is still no word from Vitalik Buterin, the Ethereum co-founder's ETH move connects with a poor market and possible ETH ETF. Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
Read More »Ethereum Price to Pump With SEC ETF Futures Decision Set for October? Plus 2 Other Coins to Watch
Ethereum’s price has been highly volatile of late, as investors anticipate the SEC’s decision on an $ETH futures ETF, expected by October. While a futures ETF could bring more mainstream adoption, many believe that limitations on direct Ethereum exposure could dampen its impact. Meanwhile, new altcoins like Launchpad XYZ and yPredict have emerged, offering different value propositions and use cases to Ethereum. Ethereum Sinks Below $1,700 As Bear Flag Begins Forming It’s been...
Read More »FBI Confiscated Nearly $2M Worth of Crypto Between March and May 2023: Report
The Federal Bureau of Investigation (FBI) announced confiscating approximately $1.7 million worth of crypto assets from March to May in the United States in a bid to combat illicit activities. The seizures were carried out as a result of numerous breaches in federal regulations. The law enforcement agency took control of $147,000 in Bitcoin (BTC), $800,000 in Ether (ETH), $307,000 in Tether (USDT), 469,000 in Dai, and $20,000 in Monero (XMR) across Arizona, California,...
Read More »Ethereum Foundation Announces $9M in Q2 Project and Conference Funding
On Aug. 15, the Ethereum Foundation listed projects and community events that received funding in Q2. Furthermore, the Foundation spent a total of $9.2 million supporting projects, conferences, and industry research. The largest number of recipients were community and education projects which included more than ten summits and conferences. Time to round up all the projects that received funding last quarter ? Read all about ‘em in our Allocation Update: Q2 2023 blogpost!...
Read More »BTC Slips Below $26K Again, LTC, SHIB, XRP Down 20% Weekly (Market Watch)
Bitcoin’s troubles continue as the asset has returned below $26,000 after exceeding that level yesterday following the price flash crash. Most altcoins have also seen daily declines, with ETH and BNB dropping by 1.5% once more. BTC Still Below $26K The primary cryptocurrency was stuck in a tight range between $29,200 and $29,500 for a week until a few days ago. It tried to break out toward $30,000 on Monday but was stopped in its tracks, and the subsequent rejection pushed it...
Read More »Crypto Bloodbath: Bitcoin Tumbles to $26K, XRP Leads Altcoins Downfall (Weekly Crypto Recap)
The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...
Read More »Optimism-Based Exactly Protocol Hacked: Over $12M in Ether Drained
Optimism network-based decentralized credit market Exactly Protocol became the target of exploitation on August 18th. The breach resulted in a significant drop in the platform’s total value locked (TVL). Meanwhile, Exactly’s recently-announced native token – EXA – slumped by more than 27% over the past day. The protocol was halted temporarily. Another DeFi Project Hacked Blockchain security firm PechShield was the first to alert Exactly Protocol of the attack and warned users...
Read More »Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
[unable to retrieve full-text content]CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
Read More »SEC to Approve Ether Futures ETF in US
[unable to retrieve full-text content]CoinspeakerSEC to Approve Ether Futures ETF in US The Ether futures ETF tracks the futures contract of Ethereum. SEC to Approve Ether Futures ETF in US
Read More »
Ethereum (ETH)
