Ethereum (ETH)

Growing PoS adoption reflects a glaring shift in the digital asset industry. While Ethereum and layer 2s networks have dominated substantial network activity conversation, Polygon has mostly kept a low profile this year. However, the latest stats show an uptick in the number of new addresses created daily on it. According to the data shared by crypto analyst and trader Ali Martinez, the number of new MATIC addresses created on the Polygon network daily on May 22nd stands at...

[PRESS RELEASE – Zug, Switzerland, May 24th, 2023] Tulipart.com is a collection of 10,000 unique tulip NFTs. Over a period of 7 years, 4 Tulip NFTs will be minted every day until the goal of 10,000 is reached. Each Tulip NFT consists of six different components, which range from common to exclusive, making them more or less rare. New Tulip NFTs aren’t available for direct purchase; they are solely distributed to $LAND token holders via a lottery system. Participation involves...

Fintoch, a decentralized finance (DeFi) protocol that offers peer-to-peer (P2P) lending and investment services, has absconded with $31.6 million in cryptocurrencies belonging to investors in an apparent exit scam. Multiple tweets from Fintoch users complaining about being unable to withdraw their assets were seen on Twitter earlier today, confirming suspicions that the platform had vanished with investors’ funds. Fintoch Rug Pulls Users Famous Web3 expert and on-chain...

Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security. As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The bitcoin price is getting a lot of hype as of late given that it recently hit $30K for the first time in about 11 months. The news is no doubt good, but Ethereum is also doing quite well and hogging up the spotlight considering it just went through its Shapella upgrade, and now the co-founder of ETH Vitalik...

WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...

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 $1,850 resistance against the US Dollar. ETH price is now trading above $1,750 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $1,820 on the 4-hour chart (data feed from Coinbase). The pair...

Ethereum co-founder Vitalik Buterin has warned against ‘”overloading” Ethereum’s social consensus – which, if discouraged or resisted – could bring “high systemic risks to the ecosystem.” While admitting the “natural urge” to try to extend the Ethereum blockchain’s core functionality, Buterin added that such actions could end up making the consensus layer more fragile. Risks of Overloading Consensus Layer Over the years, several proposals have emerged suggesting the use of...

[PRESS RELEASE – Seattle, USA / Washington, May 22nd, 2023] LOVESNOOPY, a meme coin inspired by the beloved original dog character Snoopy, has announced the burning of 65% of its total supply on May 21st, which, when combined with previous burns, amounts to 85.0246% tokens burned. The current price of $0.00000005928, the market capitalization of LOVESNOOPY stands at approximately $8.26 million USD. I LOVE SNOOPY, a project that boldly launched with the vision of becoming the...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up April saw the next big Ethereum update take place, and analysts are weighing in on what it can do for the world’s second largest digital currency by market cap (and the primary competitor to bitcoin) in the long run. Ethereum Endures Its Second Major Upgrade in 7 Months This is the second major upgrade to...