Ethereum (ETH)

Crypto mining saw severe losses last year as prices went south. Several notable players in the space slid into bankruptcy, while others had to take cost-cut measures and shut down branches. This was also reflected in the Canadian cryptocurrency miner Hive Blockchain’s revenue, which halved to $14.3 million in Q3 as compared $29.6 million total it made in the previous three-month period. Hive Blockchain’s Q3 Result According to the official report, Hive said hedging its energy...

Coinbae verschenkt NFTs Coinbase hat kooperiert mit Optimism und hat mit Base einen interssanten Marktplatz auf die Beine gestellt. Was genau Base kann, ist dabei noch nicht ganz klar. Aber um Base zu promoten, verschenkt Base gratis NFTs. Wie dieser Aidrop genau funktioniert, steht weiter unten in diesem Artikel. Im Prinzip ist das alles auch gar nicht so wichtig, es sei denn man will sich einige dieser NFTs ergattern. Viel wichtiger ist, dass...

Coinbase launched its own Layer-2 blockchain yesterday, built in collaboration with Optimism in its OP stack. The new Layer-2 blockchain, named Base, will host many of Coinbase’s on-chain products and offer EVMs at low costs to developers. Piggybacking on Recent News Unfortunately, opportunistic bad actors are once again trying to make a quick buck off of the success of other firms. Not even a day after Base was launched, Solidus Labs announced via their Token Sniffer website...

The reality TV star – Kim Kardashian, the boxing legend – Floyd Mayweather, and other celebrities filed a motion to a California federal judge, asking their renewed EMAX lawsuit to be removed.  The magistrates dropped a similar indictment against the defendants in December last year. Urging for a Dismissal Kim Kardashian, Floyd Mayweather, Paul Pierce, Jona Rechnitz, and Giovanni Perone requested the California Central District Court to drop the amended charges, alleging that...

Bitcoin (BTC) sank back to $23,000 on Friday shortly after the Personal Consumption Expenditure (PCE) price index registered a 5.4% annual increase, and a 0.6% monthly increase, in January. The higher-than-expected figure means the Federal Reserve’s war against rising inflation will likely continue.  Bitcoin started at roughly $24,000 on Friday, staying above $23,800 until about 13:30 UST – when January’s PCE figure was released.  The asset tumbled after that, falling as low...

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[PRESS RELEASE – Please Read Disclaimer] The partnership will enhance the efficiency of DeFi farming and improve the security of Ethereum staking February 23, 2023 – OKX Wallet, a leading self-custody solution for digital assets in Web3, today announced a strategic partnership with Rocket Pool to enhance the efficiency of DeFi farming and improve the security of Ethereum staking. Rocket Pool, the first decentralized, trustless ETH 2.0 Proof of Stake Protocol, has integrated...

Litecoin started a fresh decline below the $100 zone against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $96.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $97 and $100 resistance levels in the near term. Litecoin price is struggling below $100 against the US Dollar, similar to bitcoin. LTC price...

The cryptocurrency industry has long been a target of phishing attacks, and it seems that hackers are finding new and more clever ways to scam their victims. This time, it was the website of an anticipated event that was entirely faked in an attempt to trick victims out of their crypto. ETH Denver is advertised as the largest and longest-running ETH event in the world. This year, it will take place between February 24th and March 5th. Conferences are typically a place of...

Arbitrum has already been leading the pack in the layer 2 roll-up. However, the daily transactions on the protocol hit 1.14 million on February 21st, surpassing Ethereum mainnet, which recorded 1.05 million. According to the on-chain data on Dune Analytics, this is a new record high for the scaling solution. Since the beginning of the year, daily transactions on the blockchain have been on an uptrend surging by over 273% in less than two months. In comparison, the same metric...