The hacker who used an exploit to steal money from the now-defunct FTX has been revealed as the 35th-largest Ethereum owner, holding a total of 228,523 ETH valued at $284.82 million. The FTX Attack According to well-known cryptocurrency security company…
GameStop to Create a NFT Platform Powered by Ethereum
Video-game retailer GameStop is planning to create a NFT platform which is based on the Ethereum cryptocurrency. They publicized their plans on Wednesday (26th May) this week on their website by stating that they are building a team for the…
Vitalik Buterin: NFTs Can Do Much More than Benefit Rich Celebrities
Ethereum co-maker Vitalik Buterin trusts NFTs can be applied to socially pertinent causes like foundations and financing public products, yet the innovation is as yet seen as a “casino that largely benefits already-wealthy celebrities.” The author of the Ethereum whitepaper…
Most concerned Ethereum’s ‘EIP 1559’ gas fee overhaul on the go for July, Miners may take a hit
Ethereum (ETH) will become a deflationary asset in near future as the crypto market awaits for the latest upgrade on Ethereum network. This upgrade will take place in July, wrapped with Ethereum’s London hard fork. This improvement proposal is named…
ETH Deposits May Run Out In 48 Hours As Exchanges Haemorrhage the Token Fast
According to CryptoQuant, the amount of Ether being held in exchanges has gone down tremendously in the last 48 hours. Data from CryptoQuant also indicates that only 8.1 million ETH is currently in the custody of exchanges at the moment…
BTC Rally Rubbing off on Ethereum?
Is Bitcoin responsible for the increasingly animated Ethereum price? A lot indicates that yes, the activity with BTC is rubbing off positively on Ethereum as well. The world’s largest cryptocurrency (BTC) and the runner up (ETH) have had somewhat of…
New Poll Declares XRP the Best Crypto to Buy Below $1
A Weis ratings poll just declared Ripple’s XRP, the best crypto-currency to buy below $1. Weis ratings is a private firm that offers research and review services for individual, and business uses. After the poll was conducted, the research firm…
Is it a Great Time to Buy the Top Cryptos?
The recently announced JPM Coin by JPMorgan Chase despite the harsh cynic instances by the company’s top brass about 2 years ago show that most of the people who criticized crypto-currencies mostly did so because they did not understand them.…
Ripple’s XRP is the Second Largest Currency Now Despite the Heavy Dips
The market is evidently dipping in daily and weekly charts. Ripple’s XRP went below the value of 0.50$ with over -10% of losses in the course of the last 24 hours on November 15th. However, the dips made it possible…
NEO (NEO) vs. Ethereum (ETH): Comparing Web 3.0 to “Smart Economy”
Rebranded from AntShares, NEO was soon proclaimed as one of the “Ethereum Killers” alongside with EOS (EOS) also carrying a similar nickname. However, Ethereum appeared back in 2015 with a revolutionary concept of smart contract operations, which helped it established…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
