ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million …

Ethereum (ETH) Has Eight Main Competitors, According to InvestAnswers – Here Are His Picks

A popular crypto analyst is looking at how several Ethereum (ETH) challengers stack up against the leading smart contract platform. In a new Q&A session, the host of financial education YouTube channel InvestAnswers tells his 401,000 subscribers that he does not doubt Ethereum remains the dominant force with which all competitors must contend. “As I …

Blockchain assessment: How to assess different chains?

With so many blockchain networks appearing all the time, new or even experienced crypto enthusiasts may feel overwhelmed when it comes to deciding which are the best to invest in. In this guide, we’ll outline the most important aspects of any blockchain project, and why one should pay close attention to such details when assessing …

Mr. Wonderful plans to invest in mining company stocks

Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to find ways to invest in Bitcoin (BTC) mining. According to the Shark Tank mogul, investors in the Middle East are looking into …

What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst

Bitcoin (BTC) has “at least one more upward impulse to come” before reaching this halving cycle’s all-time high, new research maintains. In a series of tweets about the current state of BTC price action, popular analyst TechDev argued that contrary to many opinions, there is nothing unusual about BTC/USD in 2022. Bitcoin in 2021: Nothing …

Chinese police unearth multi-million dollar DeFi rug pull

Beijing’s crackdown on crypto continued with the start of the new year, with the Chinese police freezing nearly 6 million yuan ($1 million) worth of crypto and arresting eight people involved with it.  As per a report published in Nikkei Asia, the public security bureau of Chizhou unearthed a crypto rug pull scam that could be …

IreneDAO NFTs causing a stir on crypto Twitter

The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang. So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and …

Korean Bithumb exchange to launch NFT marketplace

South Korean crypto exchange Bithumb is developing an NFT marketplace with “a large company” thought to be LG CNS, a subsidiary of LG Corporation.  Bithumb CEO Heo Baek-young confirmed in a Jan. 13 interview that the exchange was currently developing a nonfungible token (NFT) exchange which would help it stay competitive with Korbit and Upbit, …

Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon.  Ethereum’s EIP-1559 upgrade shipped with its London hard fork last summer and has been a success in terms of gas price predictability and network fee burning. The upgrade has now launched on …

Ethereum gas fee tokens poor performers, Ponzi accusations

Without any sign of gas fees on Ethereum being less of a pain to users, the fees continue to be a hot topic, and a driving force and tailwind for so-called Layer-1 competitors such as Solana and Avalanche, both of whom boast much lower fees. As Ethereum gas fees stir some frustration among its users, …

Could Bitcoin’s security be weakening? Let’s talk about it

Bitcoin proponents claim that Bitcoin’s security is unquestionable and fears surrounding halving events are blown out of proportion. Critics, however, argue that transaction fees might not have the capacity to counteract the declining block rewards, driving the network’s security budget down. While 2022 started with the Bitcoin hash rate at an all-time high (ATH), and …

Lucrosus Capital Launched $LUCA – Decentralized Venture Capital (DeVC)

press release PRESS RELEASE. The cryptocurrency market in the last months has witnessed the enormous success of promising valuable blockchain projects. Nevertheless, even investors from traditional markets are starting to detect the real potential of cryptocurrencies. They pour vast amounts of funds into the blockchain market. Therefore, the biggest success boom of promising projects is …

Pakistani Bank Asks Customers to Avoid Conducting Crypto Transactions

A major bank in Pakistan has reportedly asked its customers to avoid conducting cryptocurrency transactions. Bank Alfalah’s action came shortly after the State Bank of Pakistan, the country’s central bank, submitted a report to the Sindh High Court recommending a complete ban on cryptocurrency. Bank Alfalah Asks Customers to Avoid Conducting Crypto Transactions Pakistani Bank …

India’s Prime Minister Modi Calls for Global Collaboration on Crypto — Says ‘We Have to Have a Similar Mindset’

India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.” Indian Prime Minister Urges ‘Every Country, Every Global Agency’ to Collaborate on Cryptocurrency …

Singapore Restricts Crypto Ads — Central Bank Says Crypto Trading Not Suitable for the General Public

Singapore’s central bank has issued guidelines to discourage cryptocurrency trading by the general public. The central bank emphasized that “the trading of cryptocurrencies is highly risky and not suitable for the general public.” Singapore’s Central Bank Discouraging Crypto Trading by the General Public The Monetary Authority of Singapore (MAS), the nation’s central bank, announced Monday …

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