Ethereum (ETH)

Uniswap’s mobile wallet will allow users to swap funds on other popular DeFi platforms such as Arbiturm, Polygon, and Optimism.  Ethereum-based popular decentralized exchange (DEX) Uniswap has recently launched a mobile wallet application in a move to promote wider DeFi adoption, as well as support the on-the-go trading on the platform. As per the April 13 announcement, the app is currently available for iOS devices in a few select countries and can be found on the Apple App store. Last...

Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.  Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...

While information about Cadabra is still scant, there are indications it will offer initial drops of photo collections, mintable on the Ethereum chain. Canon USA has announced the upcoming launch of Cadabra, a new Ethereum NFT marketplace dedicated to photography NFTs. Canon USA previously filed a trademark application for the brand in 2022. Upon launch, the platform will offer photos in varying categories including sports, lifestyle, wildlife, and more. Canon’s launch of a marketplace...

Open-source blockchain platform EOS announced the beta launch of its Ethereum Virtual Machine (EVM) mainnet, designed to enhance interoperability between the network and the Ethereum Blockchain. The EOS Network Foundation (ENF) also inked a strategic partnership with market maker and investment firm DWF Labs through an investment deal of $60 million to further the platform’s growth and development. EOS Unveils EVM Mainnet According to a press release sent to CryptoPotato, the...

Ethereum-based decentralized exchange (DEX) SushiSwap released an update about its plans to return stolen funds to users affected by the $3.3 million exploit over the weekend. According to an announcement from the exchange’s official Twitter handle, users whose assets were taken by white hat security teams would be refunded quicker than those who lost theirs to the black hat hackers. The $3.3 Million SushiSwap Hack Recall that the popular decentralized exchange was exploited...

Binance – the world’s largest and most popular digital currency exchange – is converting more than $1 billion of its stable currency BUSD (Binance USD) into bitcoin, Ethereum, and various other digital assets. Binance Is Converting a Lot of Its Stable Asset The news came about in a tweet issued by the company’s CEO Changpeng Zhao, who stated: Given the changes in stablecoins and banks, Binance will convert the remaining of the one billion Industry Recovery Initiative...

Ether prices have kept pace with the crypto market rally this year. ETH posted big gains in January during the relief rally, then again from early March until now. The world’s second most valuable cryptocurrency by market cap traded at a spot price of $1,429 on Mar 10. By April 13th, the day the Shanghai Upgrade took place, Ether was trading for $2,000. That’s a stout 36% increase in a month’s time. Here are some important factors affecting the Ethereum price for the...

Withdrawals will go live on April 19 and stakers will be allowed to redeem their coins. Binance has revealed its plans to allow the withdrawal of staked Ether (ETH) through its exchange platform.  The exchange made the announcement following the successful completion of Ethereum’s highly-anticipated Shanghai upgrade on Thursday. According to the announcement, withdrawals will go live on April 19 and stakers will be allowed to redeem coins with their BETH holdings on a 1:1 basis. The...

Litecoin started a steady increase above $90 against the US Dollar. LTC price is now trading above $90 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $91 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $87.20. Litecoin price is correcting gains from $98 against the US Dollar, similar to Bitcoin. LTC price could continue...

With the long-awaited Shapella upgrade just around the corner, crypto exchange Kraken is preparing to withdraw all staked ETH on behalf of its clients as soon as possible after the update rolls out.  The event will bring Kraken’s staking as a service product to a complete close, after being forced by regulators into shuttering the program in February.  Kraken Withdraws its Stake In a Twitter response on Wednesday, Kraken’s support team confirmed that the platform’s locked ETH...