Mar 01 2024
Polygon acquired 15.24 million users that year, coming close to Ethereum’s 15.4 million, with a difference of around 160,000 wallets. Flipside defines an “acquired” user as someone who engaged in at least two transactions on a specific blockchain, with at least one occurring in 2023. In January, achieved a remarkable milestone with 2.8 million acquired …
Feb 24 2024
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum …
Feb 23 2024
The cryptocurrency market continues trending upward in the first months of 2024. For the first time since April 2022, the total market capitalization has exceeded the $2 trillion mark. Bitcoin is leading the pack, charting an increase of around 20%, while the majority of altcoins are lagging behind. The frontrunner of Decentralized Finance (DeFi), Ethereum, …
Feb 18 2024
Chainalysis delved into pump-and-dump schemes and discovered that between January and December 2023, slightly over 370,000 tokens were introduced on Ethereum. Of these, around 168,600 were accessible for trading on at least one decentralized exchange (DEX) Among those listed on DEXs, 54% met Chainalysis’s criteria, which is suggestive of potential market manipulation. malicious entities collectively …
Feb 13 2024
OpenSea has announced its integration with the Polygon network. This integration empowers OpenSea Pro users to seamlessly navigate both Ethereum and Polygon blockchains. This is a significant step towards simplifying the multi-chain experience for NFT enthusiasts. OpenSea’s collaboration with Socket, a cross-chain interoperability protocol, is pivotal in enhancing the NFT experience. The leading NFT aggregator …
Feb 07 2024
The highly-anticipated Dencun upgrade of Ethereum was successfully deployed on the Sepolia testnet on Jan. 30. This marks the second deployment out of three planned testnet launches, bringing the Ethereum community one step closer to embracing the features of DencUn. The Sepoliatestnet follows the earlier deployment on the Goerli testnet in January. Despite the initial …
Jan 30 2024
The Fantom Foundation has been drained of hundreds of millions of dollars from its crypto wallets by a phishing scammer. Fantom is a smart contract and Dapp platform focused on enhanced speed, making transactions more efficient than other layer-one blockchains like Ethereum. The foundation, which oversees development for the Fantom blockchain, lost at least $470,000 …
Jan 25 2024
Kronos Research has offered to drop all legal charges if the hacker returns 90% of the stolen funds, leaving him $2.5 million to keep. The firm made its offer through an Ethereum to the hacker’s blockchain address on Monday. The offer will only remain valid until Thursday, November 30 at 08:00 UTC. Kronos initially the …
Oct 16 2023
Bitstamp will be discontinuing its services to customers in Canada starting January 8, 2024. Bobby Zagotta, the U.S. CEO and Global Chief Commercial Officer at Bitstamp, issued a statement regarding the development. He expressed the company’s gratitude towards its customers and the difficulty of the decision, emphasizing that this was not a step taken lightly. …
Oct 04 2023
Einsteinia experienced an extended consolidation phase near the $1.6K support level. The price surged towards the 100 and 200-day moving averages, located around $1765 and $1805, respectively. If the price is rejected within this range, it could indicate a valid pullback, potentially leading to another decline. Alternatively, if Ethereum buyers successfully push the price above …