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Ethereum (ETH)

Over $100 Million Worth of Crypto Lost in April due to Hacks and Exploits: CertiK

According to the blockchain and smart contract security firm Certified Kernel Tech (better known as CertiK), crypto-related exploits, hacks, and scams in April resulted in losses worth $103 million. The figures for last month are a lot less than the $211 million worth of digital assets which wrongdoers siphoned throughout March 2023. Summarizing the Incidents in April CertiK estimated that the total amount hackers managed to drain last month from crypto projects was...

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ETH Plummets 5% Daily, Will $1.8K Hold or is a Deeper Correction Inbound? (Ethereum Price Analysis)

After a phase of consolidation and correction, Ethereum’s price has recently arrived at the crucial support level of the 50-day moving average. However, it is currently going through a tight price range between the 50-day MA and the significant resistance level of $2K. Technical Analysis By Shayan The Daily Chart Analyzing the daily chart, the price previously formed a higher-high pattern before experiencing a significant decline. The 50-day moving average acted as a support...

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Avalanche Transactions Mooned During USDC’s Temporary De-Peg in Q1 2023: Nansen

In Avalanche’s fourth-quarter report shared with CryptoPotato, data and analytics platform Nansen reported a heavily volatile daily transaction count on the Avalanche C-Chain. The Avalanche C-Chain is essentially short for contract chain – which is the default smart contract blockchain on Avalanche. It allows the creation of any Ethereum-compatible smart contracts and runs complementary to the X-Chain, which is used to send and receive funds in the form of AVAX tokens....

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One Small Change Bitcoin Needs to Unlock Its Programming Potential: Stacks CEO (Consensus 2023 LIVE)

Stacks CEO Muneeb Ali spoke at Consensus 2023 on Friday about Bitcoin’s potential as a settlement layer, and the revival of developer culture within the community. Ali noted how a small, specific change to Bitcoin’s base layer could unlock a vast array of applications that can be built via layer 2 technology.  According to the developer, Bitcoin requires “very little modification” at its base layer to enable true “ZK rollups” – a layer two scaling solution for batching...

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Google Cloud Joins Hands with Polygon Labs to Boost Web3 Adoption

As part of the partnership, Google will bring the Blockchain Node Engine, which is Google’s fully managed node hosting service, to the Polygon ecosystem. In a recent development, Google Cloud announced its partnership with Polygon Labs and will thus make it easier for developers to build, launch, as well as grow their Web3 products and other decentralized applications on the Layer-2 scalability platform of Ethereum. This strategic alliance will help in boosting the transaction throughput...

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EUROC: Bitstamp verschenkt digitale Euros

Bitstamp ist eine der ältesten Bitcoin-Börsen und wurde 2011 in Slowenien gegründet. Die Börse hat sich auf den Handel mit Kryptowährungen wie Bitcoin, Ethereum, Litecoin und Ripple spezialisiert und bietet Benutzern die Möglichkeit, diese digitalen Vermögenswerte gegen Fiat-Währungen wie US-Dollar, Euro und britische Pfund zu handeln. Die Plattform ist bekannt für ihre hohe Sicherheit und hat sich in der Vergangenheit als zuverlässig erwiesen. Bitstamp ist eine regulierte Börse, die in...

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CyberConnect Community Token Sale & Registration on CoinList Announced

The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.   CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...

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Polygon Announces Polygon Bridge for its Zero-Knowledge Rollup

Polygon announced that Polygon Bridge is now available for Polygon zkEVM. The development comes a month after the launch of the zero-knowledge rollup on Mainnet Beta. The symbolic first transaction on Polygon zkEVM Mainnet Beta was performed by Ethereum co-founder Vitalik Buterin. Polygon zkEVM Mainnet Beta is designed to be an all-purpose Ethereum scaling protocol that allows developers means to build on it with the usage being similar to Ethereum, without modifying...

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Meme Coins that Are to Change Your Mind on Crypto Investing

Meme coins may be fun, but it’s obviously not just that. Tokens such as Dogecoin and Shiba Inu are clear proof that this kind of asset can have real gain potential Crypto investing has long been all about Bitcoin and Ethereum, but have you ever considered diversifying your portfolio? There are so many alternatives to these big-name cryptocurrencies that it’s hard to choose something, but let’s take it easy. We’ll focus on a specific type of digital coin that has managed to catch investors’...

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Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings

With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...

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