Ethereum (ETH)

Crypto mining pool service provider Poolin becomes the latest casualty of panic withdrawals that left several crypto platforms with serious liquidity issues forcing them to halt withdrawals, among other services.    Poolin Suspends Withdrawals, Flash Trade  Beijing-based mining pool Poolin has announced the suspension of withdrawals, flash trades, and internal transfers in its bid to preserve liquidity amid a “dull crypto market.” The company is facing liquidity issues and...

Swiss-regulated SEBA Bank on Wednesday launched Ethereum staking for institutional investors. The development comes only days before the much-anticipated Merge that will transition the second-highest valued blockchain network to Proof of Stake (PoS) from the Proof of Work (PoW) mechanism of transaction validation.   Institutional Access to ETH Staking   The transition is likely to take place sometime between September 10 and 20, with September 15 being referred to as the...

Former BitMEX CEO Arthur Hayes recently explained why he believes Ethereum does not qualify as money – whereas Bitcoin does.   He touched on the deflationary economics surrounding the upcoming Ethereum Merge, and why there’s more to the story when designing an effective monetary instrument.  Gas, or Money? In an interview with the Unchained podcast on Tuesday, Hayes argued that Ethereum can’t be money if it also serves other purposes. “Ethereum has use – you use it to power...

Non-fungible tokens have undoubtedly taken center stage in the cryptocurrency community, and ever since 2021, they have become a topic of discussion even beyond that.  Amid the boom of non-fungible tokens and their popularity, many companies, including Facebook (now Meta), contemplated the idea of creating a digital alternative of the world we live in – a concept that’s now widely known as the metaverse.  BopoVerse brings forward an innovative metaverse where the main goal is...

SEBA Bank, a leading global crypto bank, simplifying access to the digital assets economy through a suite of fully regulated banking services, has today launched Ethereum staking services, an institutional-grade offering enabling clients to earn staking rewards on Ethereum, the second largest cryptocurrency by market cap. The launch of SEBA Bank’s Ethereum staking services caters to growing demand from institutions to manage a range of digital...

While overall NFT volume has fallen off a cliff since January, Ethereum Name Service (ENS) domain sales have soared over the past week. The collection is now the most highly traded Ethereum-based collection on OpenSea, beating the likes of both CryptoPunks and Bored Ape Yacht Club (BAYC). What’s behind the collection’s sudden climb to the top of the marketplace? ENS VS NFT Performance According to OpenSea, ENS has generated 876 ETH in sales over the past 24 hours alone, at...

The feud between the Cardano founder and the Ethereum Classic community appears to have escalated. After an Ethereum Classic proponent accused Charles Hoskinson of attempting to milk the network following the proposed 20% miner tax, the Cardano founder slammed the entire project. In the latest tweet, Hoskinson called Ethereum Classic a “dead project” that serves “no purpose” or “real compelling argument” for its existence. “I love how a sustainable development fund turns into...

Es gab in der Vergangenheit schon auf diversen Cryptobörsen einen Freeze, der Auszahlungen mit bestimmten Cryptocoins unmöglich machte. Doch die Gefahr, dass die Konten eingefroren werden, gibt es auch bei Mining Pools, wie der Fall „Poolin“ zuletzt zeigte. Crypto News: Mining Pool friert Bitcoin und Ethereum einPoolin gab an, dass derzeit Liquiditätsprobleme bestehen, da es einen Anstieg bei den Auszahlungsanforderungen gibt – die Hashrate des Pools fiel um 30 – 40 Prozent. Darauf fror der...

For the first time in roughly 10 days, one of the wallets associated with the troubled cryptocurrency hedge fund, Three Arrows Capital, has moved some funds. On-chain data reveals that the address removed $33 million worth of stETH (staked ETH) from the Curve liquidity pool, alongside roughly $2 million worth of BTC. Data from Etherscan reveals that an address associated with Three Arrows Capital has removed some $33 million (20,945 stETH) from the Curve Liquidity Farming...

Ethereum has resumed its upward trajectory in recent days. This happened after the bears failed to push the price below the support level of $1,420. The positivity is also highlighted by the fact that Ethereum is trading at its highest price against Bitcoin since December 2021. Technical Analysis By Grizzly The Daily Chart At the end of August, the bears managed to retrace the July gains and pushed the price towards the 61.8% Fib level, which lies at $1,420. The important...