Ethereum (ETH)

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...

Ethereum has been struggling with the 100-day moving average, which stands at $1772, for an extended period. However, the price action at this crucial level has not yet clearly indicated any upcoming direction. A breakout, on the other hand, has the potential to trigger an immediate cascade. Technical Analysis By Shayan The Daily Chart Following a short-term consolidation phase, the price experienced a decline toward the 100-day moving average of $1.7K. The recent PA of...

If the slew of smart contract hacks that netted attackers over $3 billion in 2022 has taught us anything, it’s that decentralized finance (DeFi) is still an immature industry. Besides exploits, DeFi still faces scaling issues related to the computational power needed to power complex transactions, and the throughput needed to support the worldwide financial system in the coming years.  As the current king of DeFi, the Ethereum network is worth assessing to identify the...

The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period on Wednesday. Frogs sales outpaced Bored Apes Yacht Club, CryptoPunks, and other popular collections for the day. The BRC-20 memecoin project describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” As of publication time, 3,700 frogs had owners. Meanwhile, hundreds were listed for sale on NFT marketplaces. That gecko that...

Global payments giant Visa has deployed experimental smart contracts on Ethereum’s Goerli testnet to pilot gasless transactions through account abstraction. The two sets of smart contracts, dubbed Paymaster, will simplify user interaction with the Ethereum network by performing complex tasks and managing transaction costs on behalf of other accounts. Visa Tests Paymaster for Frictionless Transactions Account abstraction is a proposal to increase flexibility in the management...

Ether holders are rushing to stake their tokens with network validators. This has pushed the deposit activity to the highest level since the Shapella upgrade last month. In fact, the total volume of crypto-asset staked has exceeded 20 million. The latest milestone comes a month after the much-anticipated Ethereum Shanghai upgrade that brought a record-breaking weekly inflow of Ether deposits for staking. “It has only been a month since Ethereum’s Shapella Upgrade. Since then,...