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Year: 2023

cryptocurrency September 21, 2023

Advertisements Spot Ether ETF requests, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors. Ether (ETH) has seen a 36% year-to-date increase in its price in 2023 in U.S. dollar terms. This recovery, however, is modest given that ETH is currently trading 66% below its November 2021 peak […]

cryptocurrency September 21, 2023

Advertisements Chainlink’s CCIP protocol has launched on Ethereum layer 2 Arbitrum One to help developers build cross-chain decentralized applications. Blockchain oracle network Chainlink has tapped into Ethereum layer-2 scaling protocol Arbitrum to drive cross-chain decentralized application development. The two protocols announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One on […]

cryptocurrency September 21, 2023

Advertisements The city administration behind the project aims to make Busan a blockchain city and has launched a $75-million development plan to realize the goal. South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain […]

cryptocurrency September 20, 2023

The SVM’s enhanced performance has made it Eclipse’s preferred option over the EVM. Ethereum would provide the support for validation on the network.  “By boosting others, you will boost yourself. A little competition is a good thing, and severe competition is a blessing.” This quote by Jacob Kindleberger seems to be the path that Solana […]

cryptocurrency September 20, 2023

Across their social media channels, Ethereum-based decentralized exchange (DEX) Balancer reported an attack against its front end. The platform confirmed that a Domain Name System (DNS) attack targeted the DEX, preventing users from accessing the DEX. Advertisements Ethereum DeFi Under Siege According to an official post, a team is investigating the DNS attack against Balancer. […]

cryptocurrency September 20, 2023

Advertisements One year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens. Major cryptocurrency investment firm Grayscale has finally mad the decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethereum tokens (ETHPoW). Announcing the news on Sept. 18, Grayscale said that the […]

cryptocurrency September 19, 2023

14,000 ETH were sent to different exchanges by whales in the last 24 hours. ETH’s price remained in an uptrend despite the whale moves. Over the past 24 hours, Ethereum [ETH] whales have made significant movements that affected the flow of assets into exchanges. Which direction are these whales headed? Advertisements How much are 1,10,100 […]

cryptocurrency September 19, 2023

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. Advertisements In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to […]

cryptocurrency September 19, 2023

Advertisements By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said. Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to […]