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Month: June 2022

cryptocurrency June 12, 2022

Advertisements Key takeaways: Yuga Labs and Bored Ape Yacht Club Co-founder has warned that there may soon be an attack on the projects’ social media accounts. He cites credible information, including a possible attack from an inside source at Twitter to bypass security. Twitter has been notified, and the team at Yuga Labs has clarified […]

cryptocurrency June 11, 2022

Late Friday, Ethereum was once again feeling the pinch of the broader crypto market, trading below $1,800, as prices retreated for the fourth consecutive session. Advertisements In spite of these little losses, the bearish momentum has prevented ETH from breaking through the $1,800 barrier in the last seven days. After a sluggish pace in April, […]

cryptocurrency June 10, 2022

The battle for higher profitability between Bitcoin and Ethereum has been a long-running one. These two cryptocurrencies command the most market share in the market, and by extension, have the most supporters. Despite operating in the same space, the rivalry between them has been unparalleled. It doesn’t just end at the networks themselves but flows […]

cryptocurrency June 10, 2022

Ethereum developers have successfully merged the veteran Ropsten testnet with its beacon chain. This marks one of the last steps before the ultimate penultimate mainnet transition scheduled for August. In other news, whale activity is signaling a price reversal for Ethereum investors. Advertisements Coming soon… Prominent Ethereum whisperer Paritosh updated on the Ropsten merge on […]

cryptocurrency June 10, 2022

Advertisements A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy.  According to figures from Digiconomist, […]

cryptocurrency June 10, 2022

Ethereum is still above the $1,720 support against the US Dollar. ETH must clear $1,820 and $1,850 to start a steady increase in the near term. Advertisements Ethereum is still above the main $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a crucial bearish […]

cryptocurrency June 9, 2022

On 2 May, ApeCoin DAO, a governance system that protects ApeCoin holders’ democratic rights — a digital asset linked to the Bored Ape Yacht Club ecosystem — published an official proposal. It discussed whether the asset should stay on Ethereum, migrate to a layer-2 alternative, or consider chain migration. Advertisements The final findings suggest that […]