Sun, March 9

What are MEV Sandwich Attacks and Why Everyone in Crypto Should Know About Them?

Earlier this week, an anonymous bot operator using a Maximal Extractable Value (MEV) strategy reportedly made over $1 million using what is known as a sandwich attack, essentially a tool by which an operator takes over a mempool to validate transactions and seek arbitrage on giant pools of transactions. The

April 24, 2023 2 mins read

Ethereum Network Sees $1.4 Billion Outflows Following Shapella Upgrade

Ethereum has gone through some of the most significant upgrades recently. From the transition from the proof-of-work to the proof-of-stake consensus to the recent Shapella upgrade, the network has undergone numerous changes. One of the most significant changes to the network after the Shapella upgrade is the ability to withdraw

April 20, 2023 1 min read

Ethereum Validators Struggle to Update Credentials After Capella Upgrade

Ethereum’s (ETH) latest upgrade, Shapella, has been successful, allowing developers to swap out critical parts of the network mid-flight. Recent data from the Nansen Analytic firm reveals that approximately 18.5% of Ethereum validators have been unable to update their credentials on the Ethereum network. The data shows that 106,219 validators

April 15, 2023 2 mins read

Ethereum Staking Might Compromise Privacy

A recent report by Justin Drake, an Ethereum Foundation researcher, raised an alarming issue. He stated that Ethereum staking exposes users’ IP address information, potentially compromising privacy and security. Drake explained that metadata is utilized to keep track of a wide range of information related to transactions. He emphasized that

April 14, 2023 2 mins read

ETH Deposits Outpace Withdrawals, Pointing to Rising Demand

The recent surge in the demand for Ethereum (ETH) is evidenced by deposits outpacing withdrawals. This is a clear indication that more investors are attracted to this cryptocurrency and are showing a higher level of confidence in its potential to generate profits. The ETH deposits are outpacing withdrawals in the

April 13, 2023 2 mins read

Ethereum Shanghai Upgrade Failed to Spike ETH Price

After Ethereum’s long-awaited Shanghai update, the native cryptocurrency of the blockchain, ether (ETH), has mostly remained untouched. By enabling previously inaccessible staked ETH withdrawable, the upgrade completed Ethereum’s transition to a proof of stake network.  This switch to proof of stake is important because users stake ETH with the network

April 13, 2023 1 min read

Ethereum Price Declines as the Imminent Shanghai Upgrade Nears

In the hours before the anticipated Shanghai upgrade to the blockchain, the price of Ethereum (ETH) dropped below $1,900 on April 12. ETH currently trades for $1,867.62 with a 24-hour trading volume of $8,721,558,303. Ethereum has decreased by 2.39% during the past 24 hours.  The Shanghai upgrade, also known as

April 12, 2023 1 min read

Shanghai’s Tech Developments Could Ignite ETH Bull Run

The reported launching of the Shanghai upgrade with the consensus layer upgrade termed Capella, together called Shapella is dated April 12, 2023. Withdrawals are set to initiate after the doubled Ethereum Bug Bounty for Shapella’s susceptibility. Researchers believe that the upcoming Shanghai Upgrade might impact ETH, to price drop with

April 9, 2023 1 min read

Active DAO’s on Polygon Spikes 2x than Ethereum

Decentralized Autonomous Organization (DAO), uses blockchain technology for all crypto transactions thereby allowing users to vote by offering special tokens. DAOs allow Polygon, to build a community for businesses compared to Ethereum (ETH). Considerably, there are 2X more of DAOs accumulated on Polygon than ETH. The spike rate is substantial

April 7, 2023 1 min read

Ethereum Triggers a Bullish Altseason Before Shanghai Upgrade

The anticipation of Ethereum’s Shapella Upgrade – the simultaneous occurrence of Shanghai and Capella – in a week led to notable 24H price surges in ETH and altcoins related to DeFi staking. Remarkably, ETH crossed the $1,900 level and hit its 8-month-high of $1,920. It spurred the community’s hype to

April 5, 2023 2 mins read