Ethereum (ETH)

The Poly Network – which hosts several blockchains such as Binance, Ethereum and Polygon – has been hacked, resulting in more than $610 million worth of cryptocurrency being stolen. This is the largest decentralized network attack in the history of the cryptocurrency space. The Poly Network Is the Latest Crypto Hack Victim In a recent Q&A session regarding the event, a participant spoke out and claimed to be the person behind the attack. In the session, the...

Shortly after reaching a new three-month high of over $48,000, bitcoin retraced rapidly and lost over $2,000 in hours. Most altcoins are also in the red, with the apparent exception of Ripple. XRP has surged by 60% in a week to a record of its own at $1.3. Red Among Alts, But Not XRP The alternative coins enjoyed the past several days with impressive gains. Ethereum led the charge by surging past $3,300. Thus, ETH nearly doubled its value since the July 20th dump. However,...

According to a recent study, almost every third Canadian has allocated some funds in digital assets. Nonetheless, most locals have concerns about their crypto investment since only 5% of them find it a safe strategy. Cryptocurrencies and ‘Meme Stocks’ in Canada The financial technology start-up – Hardbacon – conducted a survey among Canadian adults to estimate the cryptocurrency sentiment in the country. Per the results, 28% of the participants answered they have indeed...

Bitcoin continued with its decisive move upwards, and the latest leg up drove the asset to nearly $48,000. The alternative coins have performed even more impressively, with ETH topping $3,300 and ADA exploding by another 10%. Bitcoin’s Impressive Run A lot can change in the cryptocurrency markets in a month or even less sometimes. The primary cryptocurrency is a prime example as it had dumped to a low of $29,200 on July 20th. As the bearish sentiment was taking over, though,...

Venmo – a division of PayPal – is launching a new feature that will allow customers to purchase cryptocurrency with the money they earn back from using Venmo-based credit cards. Venmo Customers Can Now Use Their Cash Rewards to Buy BTC One of the big benefits of this program is that users will not be subjected to transaction fees as they are not purchasing crypto directly with bank accounts or other specific payment tools. The company says that the cashback system will...

It’s been a wild ride over the past seven days, but this time bulls had the upper hand, bringing the total cryptocurrency market cap above $2 trillion once again. Let’s start with Bitcoin. It’s up almost 14% throughout the week, currently testing the important 200-MA resistance at around $46.7K, once again. It failed to breach it a couple of days ago, which sent the market into a short-term correction. However, bulls prevented any serious losses, and after less than a day of...

Chainlink erhält eine neue Schnittschnelle, mit der Wetterdaten von über 9’000 Wetterstationen in die Blockchain integriert werden. Künftig könnte dies den Abschluss von Versicherungen gegen Naturkatastrophen per Smart Contract ermöglichen. Daten von 9’000 US-Wetterstationen Chainlink bindet erstmals auch Wetterdaten in die Blockchain ein.Bei den Daten handelt es sich um Informationen zu den...

Bitcoin Bitcoin saw a strong 13.9% price hike this week as the cryptocurrency continues the bullish run that started in late July when it penetrated above the descending wedge consolidation pattern. Last Friday, BTC was trading beneath $42,000 but eventually surged higher above the resistance by the end of the day. By the weekend, BTC managed to hit the 200-day MA level at around $44,750. It continued to surge higher on Monday to hit $46,500. However, BTC stalled there and...

After swiping more than $600 million in various cryptocurrencies, the anonymous PolyNetwork hacker has successfully transferred back most of the funds. He also rejected a $500,000 bounty offer and outlined plans to return all funds. CryptoPotato reported the record-setting hack earlier this week when PolyNetwork’s blockchain experienced a massive security breach. The anonymous perpetrator swiped over $600 million in various digital assets. While stealing money from a DeFi...

Polkadot has quickly become one of the most popular and, by far, among the biggest cryptocurrency blockchains throughout the entire industry. It appears that the hype surrounding Polkadot is only growing stronger, so we’ve taken the liberty to compile a comprehensive walk-through, guiding those who are less aware of the project and what it is all about. Photo by Alina Grubnyak on UnsplashWhat is Polkadot In Simple Words? Polkadot is Ethereum Co-founder Gavin Wood’s bet...