Ethereum (ETH)

Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that it is working with security partners to minimize the damage after pausing the contracts. The platform has also roped in law enforcement to deal with the issue. Blockchain security expert PeckShield was first to notify the attack on Arcadia and claimed that it was...

Bitcoin and Ethereum are trading at an enticing discount on Binance.US, but not all users will be able to leverage it. At nearly $27,500, Bitcoin is trading about $2,500 lower on Binance.US compared to global spot markets. Ethereum, on the other hand, was trading at $1,700 – a discount of $200, offering market participants a better price than other crypto exchanges. Discount Concerns Crypto users took to Twitter to address the situation and termed it a “depeg” of...

Conor Grogan – the head of product at Coinbase – said he found $322,000 worth of digital assets that belonged to a person who was unaware of that since the funds were transferred after Ethereum’s hard fork in 2016. The executive discovered that the owner of the crypto stash had previously become a victim of hackers who drained their entire life savings. Lucky Day for Numerous Investors Thanks to Grogan Coinbase’s director announced on Twitter that he had tracked down “6+...

Uniswap Labs has shared some detail about its much-anticipated v4 release, which is currently undergoing active development. In a new post, the team behind the DeFi juggernaut Uniswap said it is thinking about the launch of the upcoming version in terms of three milestones. If no security issues or delays with respect Cancun hard fork and audit process occur, V4 is likely to be launched later this year. Updates on Uniswap V4 According to Uniswap Foundation’s governance lead,...

Bitcoin maximalists have proved to be highly staunch supporters of the crypto asset. For more than a decade, they have stayed as a united front, but the advent of Ordinals shook up the long-standing narrative. 2023 will be known for many things, one of them being – the Bitcoin community’s split into two warring factions. The first cohort are Ordinals skeptics and supporters of “staying true” to Bitcoin – using the asset purely to process transactions. The second cohort is...

After surpassing the 100-day moving average and retracing in the form of a pullback, Ethereum’s price initiated a rally that reached the resistance level of $2K. However, it has now temporarily paused, resulting in a consolidation phase around this crucial resistance. Technical Analysis By Shayan The Daily Chart Ethereum’s price successfully broke above the 100-day moving average and the upper trendline of the descending channel, subsequently retesting them during a pullback....

Towards the end of May, crypto prices rose somewhat following news that Hong Kong would permit retail trading and move in the opposite direction of its mainland countrymen. Hong Kong Says “Yes” to Crypto Trading Bitcoin, for example, which had been trading in the mid-$26,000 range for several weeks, eventually shot beyond the $27K mark for the first time in a while, while Ethereum – which had fallen into the $1,700 range – shot up to about $1,850. The jumps...

It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their lives. America, in Many Ways, IS Bitcoin Close to 250 years ago, the Founding Fathers of America created a new nation; one where everyone was created equal. A nation where people could pursue “life, liberty, and the pursuit of happiness” without oppression, without...

Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...

Two teenage boys from Hamilton, Ontario, have been busted for allegedly stealing over $4 million worth of bitcoin (BTC) and ether (ETH) from an American man through what authorities described as a “spear phishing attack.” According to local reports, Hamilton police started working with the United States Federal Bureau of Investigations (FBI) and the Secret Service Electronic Crimes Task Force to investigate the boys in June 2023. A Spear Phishing Attack Const. Krista-Lee...