Ethereum (ETH)

The movement of stolen cryptocurrency from the Poloniex hack in November 2023 is far from over. Although Poloniex claimed to have identified the attacker weeks later and offered a $10 million reward, the stolen funds were never returned. In the latest development, PeckShield, a blockchain investigation company, found that more than half of the stolen funds were moved through Tornado Cash. More than six months after the hack, the bad actor moved 17.8K ETH – worth approximately...

CoinspeakerCoinDCX Transforms Okto Wallet into Comprehensive Web3 Platform CoinDCX said the blockchain is already operational, although the Okto Chain is still in its preliminary stages and plans for an official debut later this year. CoinDCX Transforms Okto Wallet into Comprehensive Web3 Platform

Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin Zhao first named Bitcoin Virtual Machine (BitVM) among Bitcoin’s “most anticipated” next generation of applications. Published by Robin Linus...

CoinspeakerCrypto Investment Products Record Highest Inflows in 5 Weeks The United States recorded the highest crypto investment inflows, totaling $135 million. Crypto Investment Products Record Highest Inflows in 5 Weeks

TL;DR Ripple’s XRP is holding steady at $0.50 despite a broader market upturn. Analysts foresee a potential bull run, with resistance at $0.49 seen as crucial. Future Projections: XRP’s price movement may depend on Bitcoin’s performance, with predictions suggesting it could rise significantly if market conditions are favorable. XRP’s Next Possible Move The cryptocurrency market experienced a resurgence today (May 13), with numerous digital assets entering green territory....

CoinspeakerEthereum-Based Layer 3 Blockchain Degen Halted for Over 12 Hours While Degen grapples with its recent network downtime, the platform is not the only blockchain protocol facing such challenges lately. Ethereum-Based Layer 3 Blockchain Degen Halted for Over 12 Hours

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day. This seemingly had to do with...

The concept of liquid restaking, a topic that has gained significant popularity in recent quarters, offers users the exciting possibility to extract additional value from their staked tokens. Predominantly, however, this has been applied throughout a variety of Ethereum-based applications. BounceBit, on the other hand, is delivering a BTC restaking infrastructure designed to provide a foundational layer for various restaking products. In the following guide, we take a closer...

Neel Somani, the founder and CEO of the Ethereum layer 2 blockchain project Eclipse, has announced a temporary reduction in his role following allegations of sexual misconduct. In a statement posted on May 9th, Somani addressed the accusations, asserting his innocence while acknowledging the seriousness of the situation. Somani Denies Sexual Misconduct Allegations The allegations against Somani surfaced on Twitter in the past week, prompting his swift response. He denied...

Der Bitcoin-Kurs hat in den letzten Jahren eine Achterbahnfahrt erlebt, mit steilen Anstiegen und ebenso tiefen Abstürzen. Infolge dieser Volatilität sind zahlreiche Prognosen zum zukünftigen Preis des Bitcoins entstanden. Während einige Analysten glauben, dass der Bitcoin die Marke von 100’000 US-Dollar oder sogar noch mehr erreichen wird, sind andere vorsichtiger und prognostizieren einen Rückgang auf deutlich tiefere Niveaus. Es ist wichtig zu...