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cryptocurrency June 8, 2022

Key Takeaways EVODeFi, a bridge in the Oasis Protocol ecosystem, may be $66 million short of funds. EVODeFi responded to the turmoil by pausing the bridge on June 7. The Oasis Foundation has issued a statement attributing those losses to FUD rather than protocol failures. Share this article URL Copied Advertisements Rumors of insolvency are circulating […]

cryptocurrency June 8, 2022

Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance […]

cryptocurrency June 7, 2022

As the actual utility of Non Fungible Token (NFTs) projects comes under intense scrutiny, recent data suggests dwindling interest in the space. Especially in comparison to the explosive growth and attention the NFT space saw last year. The rug pulls, scams, and more importantly, the cryptocurrency bloodbath, have all led to falling interest in the […]

cryptocurrency June 6, 2022

Bloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk related to the future of these cryptocurrencies. In other news, Bitcoin [BTC] might be in for a surprise this weekend. Advertisements [embedded content] [embedded content] […]

cryptocurrency June 5, 2022

Ethereum, the largest altcoin continues to suffer the bearish winter within the crypto market. ETH slipped below the $2k mark following aggressive sell-offs from traders/investors. The number of addresses in loss reached an ATH of 34,966,535 as per Glassnode. Thus, showcasing the reason behind the event. Advertisements However, the altcoin has another ace up its […]

cryptocurrency June 4, 2022

Ethereum core developer Tim Beiko, on 30 May, confirmed the much-anticipated Ropsten testnet trial of the Merge ‘around June 8 or so.’ Thereby, aiding the largest altcoin shifting from proof-of-work to proof-of-stake consensus. Advertisements Interestingly, Ether’s price action relatively unchanged despite the unexpected bullish announcement. Nonetheless, Holders have continued their march through heavy turbulence. Keep it […]

cryptocurrency June 3, 2022

Advertisements Buterin praised the governance model, saying that it would lead to long-term success through the representation of non token holders’ interests. Optimism airdropped the OP governance token earlier in the week. Community members and others have shown a lot of excitement for the new governance experiment. Ethereum co-founder Vitalik Buterin offered some praise and […]

cryptocurrency June 3, 2022

Massive ETH holdings have been moved into exchanges as the shakedown continues for the Ethereum community. ETH holdings worth around $2.1 billion were transferred to exchanges over the past week with investors under increasing pressure. Ethereum has started the new month poorly and is down again after under-performing across May. Advertisements Not clicking very well! […]