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Month: July 2023

cryptocurrency July 12, 2023

Advertisements ETH retail demand sees an uptick but whales counter with sell pressure. ETH’s price action indicates accumulation, however, buying pressure lays low.  Where is ETH currently in the grand scheme of things as far as adoption is concerned? We recently saw it struggle to retain value above $2,000, but this week something interesting is […]

cryptocurrency July 12, 2023

Ethereum price is consolidating below the $1,900 resistance against the US Dollar. ETH could attempt another increase unless there is a close below $1,825. Advertisements Ethereum is trading in a range above the $1,850 level. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

cryptocurrency July 11, 2023

As developers pitch radical long-term scaling upgrades, Ethereum infrastructure builder ConsenSys has announced the alpha testing phase for a new zero-knowledge Layer 2 ZK mainnet, Linea. Advertisements According to the MetaMask operator, the Linea network has processed $46 million worth of transactions involving 5.5 million unique wallets. Will ConsenSys Linea ZK Mainnet Win Developers? The […]

cryptocurrency July 11, 2023

Advertisements ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build […]

cryptocurrency July 11, 2023

Share this article URL Copied Advertisements Rodeo Finance, a DeFi protocol residing on the Arbitrum blockchain, suffered its second significant exploit on July 11, resulting in a loss of 472 ETH, equating to approximately $888,000 million. The exploit was orchestrated through a code vulnerability within Rodeo’s Oracle. The exploiter transferred the stolen funds from Arbitrum […]

cryptocurrency July 11, 2023

Advertisements The total ETH staked rose 18% since the Shapella upgrade. More than 60% of the stakers were in losses since they staked their ETH. The much-awaited Shapella Upgrade, which went live on the Ethereum [ETH] mainnet more than two months ago, has begun to advance towards its goal of boosting ETH staking. Is your […]

cryptocurrency July 11, 2023

Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. ETH could rally if there is a clear move above the $1,900 resistance. Advertisements Ethereum is currently attempting a recovery wave above the $1,855 zone. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a major bearish […]

cryptocurrency July 10, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] is the second-largest cryptocurrency, with a market cap of $224 billion. It is the bedrock of numerous blockchain projects running successfully today. The first quarter of the new year brought a […]

cryptocurrency July 10, 2023

Advertisements Buterin also lauded the recent rise of Ordinals and believes they have brought the builder culture back to the Bitcoin ecosystem. Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like zero-knowledge rollups (ZK-rollups) to become more than another payment network. Buterin’s comments came during a Twitter Space hosted by Bitcoin developer […]

cryptocurrency July 10, 2023

Share this article URL Copied Advertisements DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the breach, attributing it to a coding oversight concerning untrusted input validation. #PeckShieldAlert Our community contributor has detected that @ArcadiaFi […]