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Day: May 26, 2023

A16z releases anonymous voting system for Ethereum

cryptocurrency May 26, 2023

Advertisements The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before […]

Watch out ETH traders, despite this critical wETH update

cryptocurrency May 26, 2023

Advertisements A recent surge in Multi-Collateral DAI repayments via wETH suggested a potential trend for Ethereum. Despite marginal losses, Ethereum’s current trading price and resistance zone indicated an interesting market landscape. The value of Ethereum, mainly its wrapped variant wETH, has historically been influenced by a metric called Multi-Collateral DAI repaid. Notably, there has been […]

No ETH to trade? Ethereum exchange balance drops to a 5-year low

cryptocurrency May 26, 2023

Advertisements The ETH balance decline began in September 2022, dropping significantly in November and December after the downfall of FTX. The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million. A drastic decline in the exchange […]

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