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Day: September 20, 2022

cryptocurrency September 20, 2022

The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the network in its original mechanism, developers had forked the Ethereum network,  Advertisements creating their own token in the process. The ETHW had been launched after the Merge was completed and was airdropped to […]

cryptocurrency September 20, 2022

Advertisements On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and the top headlines in the crypto space. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the […]

cryptocurrency September 20, 2022

Key Takeaways Wintermute has been hacked for $160 million. The hackers targeted the firm’s DeFi operations. Its centralized activity and over-the-counter services are unaffected. Wintermute founder and CEO Evgeny Gaevoy has said the firm is still solvent and user funds are safe. Share this article URL Copied Advertisements Gaevoy said that the firm would be […]

cryptocurrency September 20, 2022

Advertisements While layer-2 protocols have been focused on “scalability,” layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin. While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.”  Buterin shared his thoughts in […]

cryptocurrency September 20, 2022

Despite being the most significant event in the history of its chain, the Ethereum merge has since failed to influence a positive price reaction for the leading altcoin, Ether [ETH].  Advertisements According to data from CoinMarketCap, moments after the merge, the price of ETH rose to a high of $1634, after which it declined steadily. […]

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