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Month: October 2022

cryptocurrency October 11, 2022

Advertisements Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of USDT (USDT) on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency. Crypto monitoring resource Whale Alert has […]

cryptocurrency October 11, 2022

Advertisements Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. A new layer-3 prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023. zkSync, a provider of zero-knowledge […]

cryptocurrency October 10, 2022

Advertisements Summary: A public call for tender was launched by the EU Commission last week. The call is for a study geared toward developing automated monitoring systems and channels for decentralized finance. DeFi operations in the Ethereum ecosystem are the main target for the commission’s so-called “embedded supervision”. The U.S. Securities and Exchange Commission also […]

cryptocurrency October 10, 2022

All eyes have been on the Ethereum network since it moved from a Proof of Work (PoW) to a proof of Stake (PoS) mechanism. Granted, the digital asset’s price hasn’t done as well as many had predicted it would after the upgrade but the new functions of the network remains fascinating. Now, Ethereum has marked […]

cryptocurrency October 10, 2022

After suffering heavy losses due to the sell pressure that emerged from the Merge, it appears that Ethereum [ETH] has been getting back on its feet. According to new data, ETH witnessed a massive spike in terms of network growth, which could be a positive development for the altcoin. Advertisements _______________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction […]

cryptocurrency October 10, 2022

Advertisements Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Cardano founder Charles Hoskinson has been pointing out the flaws affecting the Ethereum protocol following its latest upgrade. A major issue, according to Hoskinson, is the locking mechanism that prevents investors from withdrawing their […]

cryptocurrency October 9, 2022

Advertisements The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. Ethereum’s long-awaited transition to a proof-of-stake (PoS) consensus mechanism kicked off on Sept. 15, thus finally putting its long-standing transaction woes in the rearview mirror. To this point, […]

cryptocurrency October 9, 2022

Ethereum [ETH] has been on the receiving end of a lot of sell pressure, especially post the Merge. However, even after Ethereum’s decline in prices, validator interest and revenue had a different picture to convey. Advertisements ____________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum for 2022-2023. ____________________________________________________________________________________________ Advertisements It should be noted that garnering interest from […]

cryptocurrency October 8, 2022

Ethereum’s [ETH] network revenue fell by a massive 86% in the third quarter of 2022, according to the report released by Bankless (an informative site focused on crypto). Advertisements Reportedly, Ethereum recorded $1.96 billion in net revenue in the second quarter (Q2). Unfortunately, the third quarter was a paltry $274.12 million. Advertisements Source: Token Terminal […]