Ethereum (ETH)

Am Montag ging ein „Pudgy Penguin“ NFT für 400 ETH über die digitale Ladentheke, was etwa 625.000 US-Dollar entspricht. Die Pinguin-Kollektion ist seit Juni 2021 auf dem Markt, der breiten Masse allerdings deutlich weniger bekannt, als beispielsweise die NFTs rund um den Bored Apes Yacht Club. Der jüngste Kauf ist bemerkenswert – zumal, da sich die Branche in einer Krise befindet. Denn während die Anleger ungeachtet des Crashs nach wie vor an...

Ethereum price started a fresh decline from the $2,000 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,520 zone. Ethereum price is struggling below $1,700 against the US Dollar. ETH/USD remains at a risk of...

BendDAO – a lending protocol for non-fungible tokens (NFTs) – is the latest project to have been hit with an insolvency crisis. The five-month-old platform has reportedly run out of ETH over the weekend. According to the researcher, NFTStatistics.eth, BendDAO is just left with 12.5 WETH in the contract. The lenders of BendDAO have landed in a sketchy situation. Its co-founder said they have come up with a proposal to improve the protocol, hoping to make out of the crisis....

Crypto security companies are raking in a fortune despite the bear market that has bloodied firms across the rest of the industry. Zeth Couceiro – founder of crypto recruitment company Plexus Resource Solutions – recently told Bloomberg that salaries for experienced blockchain auditors can run as high as $400,000 per year.  Overwhelming Demand for Auditors According to Couceiro, the typical blockchain auditor currently gets paid about 20% more than Solidity-focused...

Ethereum 2.0 client Teku has released version v22.8.1, considered as another major step toward the Merge. As per the official announcement, it is a required update that keeps the Bellatrix upgrade on track for September 6th that will kick off the long-awaited process of the Merge and set everything in motion. All mainnet nodes will have to upgrade to the required Teku version to transition to Proof-of-Stake (PoS) and include connecting to a local execution client’s engine...

Ronin hackers have transferred the stolen assets from Ethereum to the Bitcoin network, according to new findings by blockchain investigator and developer ₿liteZero. Recall that after the Ronin bridge hack in March, the attackers moved the $625 million worth of USDC and ETH to Ethereum-based crypto mixer Tornado Cash, making it difficult for authorities to trace the movement of the funds. But Tornado wasn’t the end as the hackers took further steps in obscuring the...

Following a drop to a 3.5-week lohasETH had seen a slight recovery in today’s market action as the price is struggling to maintain above Now of now, all eyes are on the support, which lies on yesterday’s low at $1500, where lies the 50-day moving average line. Technical Analysis By: Grizzly The Daily Chart The ETH/USDT trading pair could not avoid the recent crypto correction, which triggered a rapid downward move from around $2,000, which was recorded just a week ago....

Tornado Cash has become a common money laundering platform with rapidly growing incidents across Ethereum and Binance Smart Chain on a consistent uptrend. A substantial magnitude of the illicit funds has lost their trail after going through the mixer. According to a new report by blockchain security platform SlowMist, 74.6% of stolen funds (or nearly 300,160 ETH) on the Ethereum network were transferred to the controversial cryptocurrency tumbler during the first half of...

Bitcoin and Ethereum slumped by double-digit percentages weekly after tapping multi-month highs last weekend. This resulted in over $150 billion gone from the entire market cap. Somewhat expectedly, the Fear and Greed Index has returned to a state of fear, but BitMEX’s co-founder – Arthur Hayes – believes this retracement could be an opportunity to stack up. Time to Buy, Says Hayes In its latest Twitter thread on the price actions in the crypto market, the former BitMEX...

Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a new three-week low of under $21,000. Ethereum is in a similar position, having lost another $100 daily. At the same time, Shiba Inu is among the few alts well in the green. Bitcoin Sees New Low The landscape was looking rather bright for the primary cryptocurrency until five days ago. At that point, it had skyrocketed to above $25,200, which was a two-month high. However, it couldn’t stay...