Ethereum (ETH)

A popular blockchain security company finally revealed who was the sender of last week’s Ethereum transactions with abnormally high fees.Reportedly, it’s a small South Korean cryptocurrency exchange that pays little to no attention to its security protocols.The BackstoryLast week, CryptoPotato reported on two transactions with abnormally high fees that took place on Ethereum’s network. Both of them were sent out from the same address. The first carried 0.55 ETH and paid a fee of 10,668 ETH,...

Imagine paying a monster-sized fee for sending just a small amount of money to another wallet or address. For one Ethereum user, this appears to have been the case not just once, but twice in the past week.Ethereum Transfer Results in Two Massive FeesOn June 10, a user transferred approximately $130 worth of Ethereum to a new address. This isn’t a huge transaction, and yet the fees for the transfer amounted to more than 10,660 ETH which ultimately means that the user wound up paying more than...

The non-custodial, decentralized exchange, Loopring, has listed pBTC – a token that acts as a fully-backed Bitcoin equivalent on the Ethereum blockchain.The addition of pBTC to Loopring – the fastest decentralized exchange (DEX) based on Ethereum – gives Bitcoin users a quick on-ramp to Ethereum’s decentralized finance (DeFi) ecosystem.Loopring Lists pBTCProvable Things – the developers of pBTC – announced the listing of pBTC against stablecoin Tether (USDT) on June 16. According to...

Ethereum increased by 4% over the past 24 hours as it now trades at $233.The cryptocurrency spiked lower yesterday as it broke beneath a rising trend line, but the buyers quickly regrouped to push ETH above it before the close.Against Bitcoin, Ethereum fell into the support at 0.00243 BTC and rebounded from there.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $205.Resistance: $250, $265, $274.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0235 BTC.Resistance: 0.0253 BTC, 0.026...

Ren, the open-source protocol enabling permissionless and private transfers of value between any blockchain, launched its mainnet and a dApp utilizing it within a few weeks.Interestingly, the protocol’s native cryptocurrency REN has gained more than 40% of value in the same period.Ren Launches RenVM MainnetThe blockchain-based company announced the release of its RenVM Mainnet in late May, asserting that it’s the “beginning of a cross-chain era for DeFi,” as it “brings interoperability” to...

Arthur Hayes, the CEO of one of the leading Bitcoin derivative exchanges, BitMEX, has once again slammed a cryptocurrency for being a “shitcoin.” This time it was Bitcoin Cash (BCH) that’s under his radar.BitMEX Listing BCH/USD Perpetual ContractIn an announcement from June 01st, 2020, BitMEX revealed that it’s going to launch a BCH/USD perpetual swap contract with up to 25x leverage. Today, the contract went live.“This is the fourth quanto contract to be launched on our platform and follows...

Das Ethereum Projekt kommt nicht aus den negativen Schlagzeilen heraus. Nicht nur sehen Analysten einen Absturz auf 200 US-Dollar, sondern auch der Höchststand aus dem Jahr 2018 wird nun als Red Herring bezeichnet.Ethereum News: Ethereum Kurs mit weiteren ProblemenAvi Felman von BlockTower Capital hat sich auf Twitter gemeldet und den Höchststand des ETHs von 1.800 US-Dollar als Red Herring bezeichnet. Es seien die ICOs (Initial Coin Offerings) gewesen, die den ETH-Kurs angeschoben haben, da...

A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum.Japan Adores Ripple (XRP)The popular Japanese exchange posted the survey on Twitter to check among its followers which are their most preferred cryptocurrencies.BitMax Cryptocurrency Survey. Source: BitMaxSomewhat expectedly, the largest...

Ethereum price is recovering nicely from the $218 support zone against the US Dollar.ETH price must break the $235 resistance zone to continue higher in the near term.There is a key bearish trend line forming with resistance near $235 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $235 resistance or it might restart its decline below $225.Ethereum price is attempting a key upside break above $235 and $240 against the US Dollar. ETH/USD is likely to...

The mining pool, which processed a mysterious Ethereum transfer carrying a needlessly excessive $2.6 million transaction fee, has announced it will distribute the millions among its miners.Bitfly, which operates the Ethermine mining pool, announced the decision on Monday, stating that four days is long enough for someone to have come to claim it.Miners Will Keep $2.6 Million Ethereum FeeAs announced by BitFly via Twitter on June 15:As the sender of the transaction https://t.co/h21A2Th4fw has...