An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5. Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of …
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In a series of recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of …
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Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a white hat hacker who averted a $10-million bug crisis. Industry white hat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s …
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Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was designed to “split COMP rewards distribution and bug fixes” and was fully verified without issues. However, within hours, the team noted …
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It seems like everyone is going crazy over cryptocurrency trading! And why not? Crypto is the future. It is not only disrupting the financial sectors but also other major sectors like information technology, health care, retail, tour and travel, automotive, and many more. However, owning cryptocurrency sounds great but handling it in the right way …
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One of the biggest names among payment solution providers in the world, Verifone, announced on Tuesday that they had made a partnership with Bitpay in their attempt to enable their customers to start making payments by using cryptocurrencies on their in-store as well as their e-commerce services platforms that are operating in the United States. …
Bitcoin Price Prediction – September 30It is currently on the note that the BTC/USD price averages the immediate resistance level of $45,000. The crypto-fiat currency pair experiences an increased rate of about 5.20 percent to trade around the value line of $43,503 as of writing. It shows that there is an intrigue to push the …
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Market Maintains Fluctuating situation at $3,000– September 29The ETH/USD market maintains fluctuating situation around the level of $3,000 as the crypto activity price trades at a percentage estimate of about 4.17. The market makes a trading level record of around $2,923 as of writing. Market Maintains Fluctuating situation at $3,000: ETH MarketKey Levels:Resistance levels: $3,250, …
Widely followed crypto trader and market analyst Lark Davis is looking at five specific cryptocurrencies to shine in October. The trader tells his 437,000 YouTube subscribers that he is bullish on Solana (SOL), Polygon (MATIC), Elrond (EGLD), Polkadot (DOT), and Bitcoin (BTC). ADVERTISEMENT Starting with Solana, Davis thinks that Solana’s blooming NFT space will …
The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps. On Sept. 20 the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 …
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Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of biotech founders, clinicians and leading longevity research institutions, aims to spend more than $1 billion over the next 10 years to find …
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CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations. The company officially announced on Sept. 30 that it will completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China. The exchange has asked mainland China-based users to …
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The use of new technologies such as blockchain or artificial intelligence has been in the spotlight lately and gaining more acceptance from governments around the world. On Sunday, Sept. 26, Germans voted in parliamentary elections that marked the end of Angela Merkel’s 16 years in office. Since 2005, Germany has experienced deep crises, but also …
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A new Chainalysis report has revealed that Europe has overtaken Eastern Asia as the biggest crypto economy in the world. According to the report, the continent has witnessed impressive growth since July 2020, receiving over $1 trillion worth of cryptocurrencies—a figure that is equivalent to 25 percent of activities in the industry globally. The report …
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Altair Network is now the winner of the 9th parachain auction on Kusama. According to parachain auction data, the network amassed over $61.7million worth of KSM tokens from over 11,200 contributors, securing first place in the competition to launch on Kusama. Welcome to the cₕₐₒₛ @altair_network! After winning the 9th parachain auction, Altair is now …
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