Ethereum (ETH)

The Moon Rabbit protocol is built atop the Substrate and Rust framework, flaunting a similar property alongside Polkadot as well as maintaining compatibility with the Ethereum blockchain (EVM Compatibility).Of the numerous blockchain-backed projects being introduced and launched on a daily basis, the Moon Rabbit is unique in radically redefining the underlying purpose that can be achieved with digital currencies. The Moon Rabbit uses Substrate framework in a unique model – same as Polkadot...

Bitcoin and Ethereum are both regaining some lost weight as their current price points show considerable increase from recent lows.Bitcoin (BTC) is starting to recover from losses it recently incurred, where it seemed to pull down some of the market’s biggest coins. Jumping from a recent low, Bitcoin has climbed over 24% with Ethereum (ETH) also showing proof of its number 2 spot. While the price of Bitcoin has climbed 5.92% to $34,598 in the last 24 hours, Ethereum has jumped more than 12%...

The authorities of South Korea confiscated the cryptocurrency holdings of 12,000 people. The locals received charges of tax evasion, and 53 billion won or $47 million worth of BTC, ETH, and other digital assets were seized from them. The Largest Crypto Seizure for Back Taxes in Korean History Following a months-long investigation, the officials in the most populated South Korean province – Gyeonggi – targeted 12,000 wealthy residents under suspicion of tax avoidance. The...

The institutional liquid staking provider StakeHound alleged the cryptocurrency security company Fireblocks of failing to protect its wallets. According to the accusations, about $77 million worth of ether was irrevocably lost. The Disappearance of $70M Worth of ETH: Disaster and Damage The Israeli publication Calcalist reported that StakeHound filed a lawsuit against Fireblocks for losing more than $75 million worth of the second-largest digital asset – ether. According to...

After the Saturday bloodbath in which bitcoin dipped to just over $30,000, the cryptocurrency has bounced off and recovered more than $3,000 of value. Most altcoins have also reacted well, with ETH surging to nearly $1,900, and the market cap has reclaimed $100 billion in a day. Bitcoin Spikes Above $33K As it happened during the past several weekends, Saturday didn’t start well for the primary cryptocurrency. After the highly volatile week, BTC began to gradually lose value...

Another weekend starts with another adverse price movement for bitcoin as the asset dropped by several thousand dollars to below $31,000. The alternative coins are also deep in red, with ETH dumping below $1,800, and the total market cap has seen $160 billion gone in a day. Bitcoin Plummets Below $31,000 It’s almost becoming a tradition for BTC to head south when the weekend starts. The cryptocurrency was actually looking healthy yesterday after it had recovered from the...

As bitcoin is the number one digital currency in the world, it is easy to simply direct all of one’s attention to the asset as it continues to slump like it never has before. After reaching an all-time high of more than $64,000 per unit in April of this year, the currency has since lost more than half its value and is now trading for about $29,500 at the time of writing. It’s Not Just Bitcoin That Has Taken a Dive However, bitcoin is not the only cryptocurrency that is...

This week was a complete rollercoaster in the cryptocurrency market. Unfortunately, things failed to turn out for the better and the majority is trading in the red. Bitcoin Bitcoin is down a steep 11.7% this week as it currently trades beneath $34,000. The cryptocurrency started the week by dropping into support at $31,185 (downside 1.618 Fib Extension) on Monday. On Tuesday, it took a brief dive beneath $30K for the first time since January 2021. It dropped as low as...

Railgun is an ultra-advanced smart contracts protocol that utilizes zk-snarks privacy. It’s used to shield any transaction or smart contract interaction on the Ethereum blockchain. By using Railgun protocol, DeFi users are guaranteed privacy when trading, using leverage platforms, or adding liquidity, with any dApp on Ethereum. Railgun DAO and RAIL tokens will be live and available on June 30th. After reading the below exclusive details, users will be clamoring to get...

Bitcoin has tanked hard. There is no point in denying this. The world’s number one digital currency by market cap was already in a sorry position having spent the last few weeks trading in the mid to high $30,000 range, though now at the time of writing, things have taken a turn for the worse and the digital currency is trapped in the high $20,000 range. Despite all this, there are still many individuals – such as Mark Cuban and Mike Novogratz – that stick by the asset....