Ethereum

Quick take: The floor price of Bored Ape Yacht Club NFTs has hit a new all-time high of 138.5 Ethereum (ETH) Trade volume has also increased by 181.95% in a week. The increment in floor price and trade volume is attributed to the announcement of the BAYC metaverse The BAYC Metaverse, known as Otherside, will

Ethereum is shifting from a proof-of-work (PoW) to a proof-of-stake (PoS) governance mechanism in the foreseeable future, resulting in a faster and more efficient blockchain. The Ethereum Network has experienced a considerable spike in transactions volume and size since DeFi and NFTs have captured the finance and art worlds. Such traffic has often caused systemic

Blue-chip NFTs is a popular buzzword one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks that are considered to be the well-established extension of corporations known for their quality, reliability and financial stability. But, exactly what are blue chip NFTs and how are

Summary: LimeWire has closed a private token sale of its LMWR token and raised $10.4 million The private token sale was led by Kraken Ventures, Arrington Capital, GSR, and more The legendary peer-to-peer music sharing platform plans to open a marketplace for digital collectibles popularly known as NFTs LMWR token will be at the heart

Since the wake of the nonfungible token (NFT) boom, creators have been leaving their Web2 entities in droves and are becoming more knowledgeable on how to carve their own lane in the Web3 world.  It’s not just technologists and artsy-creators who are pivoting toward Web3. For example, former American professional baseball player Micah Johnson pivoted

Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. The selling has continued on April 22 as investors trim risky assets in expectation of

Blockchain.com, a cryptocurrency exchange and financial services firm, has named Standard Custody & Trust Company as the custodian for Blockchain.com and Altis Partner’s new institutional platform, Blockchain.com Asset Management (BCAM). On April 6, Blockchain.com introduced a suite of institutional investment solutions that combine the crypto trading infrastructure, research and security software services of Blockchain.com in

Ethereum created the largest gains at $76.3 billion; bitcoin followed with $74.7 billion. The United States was the largest market for these realized gains, at $46.9 billion. Ethereum may grow even further in 2022, with more milestones coming up. Blockchain data analytics platform Chainlaysis has published a new report on the cryptocurrency market’s performance in

MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet. Expected to become fully operational in the third quarter of this year as identified in the protocol’s roadmap, the integration will seek to enhance the multichain capabilities of their

Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets

During the recent Paris Blockchain Week Summit, Cointelegraph’s Joseph Hall sat down with Alex Mashinsky, CEO of Celsius Network, to talk about several topics, including where the Bitcoin and Ether markets are going.  According to Mashinsky, Bitcoin (BTC) received very strong support at around $30,000 to $33,000. The entrepreneur believes that Terra’s recent BTC purchase played a significant

Quick take: The Ethereum mixer of Tornado Cash has blocked several Ethereum addresses highlighted and sanctioned by the US Office of Foreign Assets Control One of the Ethereum addresses belongs to the North Korean hacker group known as Lazarus, responsible for the $625 million Axie Infinity exploit Tornado Cash is using a Chainalysis smart contract

Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains.  According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the rest of the world by

The U.S. dollar currency index (DXY) turned down sharply after rising above 101 on April 20 but this weakness in the dollar has not helped Bitcoin (BTC), possibly because the S&P 500 is struggling to build upon its strong rally on April 19. This indicates that Bitcoin remains tightly correlated with the U.S. equity markets. Irrespective

I arrived in Tbilisi, Georgia, near Russia’s southern border, in late February — just a few days after Russian forces invaded Ukraine. I had been reporting on crypto and blockchain from St. Petersburg, but after the war started, staying there had become untenable.During my first week in the city, I searched for an apartment to

Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified the team at Beanstalk of the possible flash loan The exploiter has already started transferring some of the Ethereum