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Month: July 2023

cryptocurrency July 21, 2023

Share this article URL Copied Advertisements DeFi protocol Conic Finance reported a loss of 1700 ETH, valued at over $3.2 million. Blockchain security firm BlockSec has traced this incident to an unidentified hacker exploiting a reentrancy vulnerability early this morning. Conic promptly alerted its user base via Twitter, confirming the exploit involving the ETH Omnipool, […]

cryptocurrency July 21, 2023

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,875. Advertisements Ethereum is trading in a range above the $1,875 level. The price is trading below $1,910 and the 100-hourly Simple Moving Average. There is a key rising channel forming […]

cryptocurrency July 20, 2023

Advertisements Ethereum grew in terms of market cap dominance despite volatility in the sector. Interest in staking rose, and traders turned bullish. Throughout Q2 in 2023, Ethereum[ETH] encountered significant fluctuations and high volatility. Despite these challenges, the Ethereum network demonstrated resilience and continued to attract an influx of new users to its protocol. Notably, the […]

cryptocurrency July 19, 2023

Advertisements Ethereum has gained 60% of its value year-to-date (YTD). Another CryptoVantage survey revealed that 46% of its respondents think Ethereum will surpass Bitcoin. Ethereum’s [ETH] outlook for the next 12 months and the long term is positive, as per a recent report published by Fidelity Digital Assets. The firm is bullish on the premier […]

cryptocurrency July 19, 2023

Advertisements During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million. A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether (ETH) to an address on the Kraken crypto exchange after being dormant for eight years. In […]

cryptocurrency July 18, 2023

Advertisements Ethereum developers proposed increasing the validator set to reduce the churn limit. The number of validators on Ethereum continued to rise.  Over the past quarter, Ethereum [ETH] experienced significant volatility due to various events in the crypto sector. But despite market fluctuations, Ethereum’s progress remained on track, and the protocol was actively pursuing further […]

cryptocurrency July 18, 2023

Advertisements Vitalik Buterin explained how an account abstraction extension called “paymasters” can allow users to pay for gas fees using “whatever coins that they are transferring.” While account abstraction is perceived to be a catalyst that could onboard a billion users to Ethereum, its co-founder Vitalik Buterin shared some challenges in implementing the new feature on […]