Ethereum (ETH)

Tools for Humanity – a company that has introduced a new digital token known as World Coin – has recently garnered as much as $115 million in a new series C funding round led by Blockchain Capital. The company has announced that the funds will go towards growing the breadth of World Coin, as well as developing alternatives to CAPTCHA tests. Tools for Humanity Garners a Lot of Cash World Coin aims to be one of the few fully democratic digital tokens out there in...

[unable to retrieve full-text content]CoinspeakerFCA Investigation Results in Closure of 26 Crypto ATMs across UK This move is part of the regulator's efforts to ensure the financial system's integrity and prevent potential illicit activities associated with unregulated crypto transactions.  FCA Investigation Results in Closure of 26 Crypto ATMs across UK

Ethereum price is eyeing an upside break above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,890 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,900 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,825 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it...

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...