Thu, September 17

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

Ethereum Shapella Hard Fork Raises Concerns Over Potential Sell-Off

In just eight days, Ethereum’s Shanghai upgrade, also known as the Shapella hard fork, will let users withdraw their “staked ether.” However, despite the benefits this development is expected to bring, there are growing concerns that it could trigger a sell-off of unstaked ether, leading to uncertainty in the market.

April 5, 2023 2 mins read

Ethereum Outperformed Cryptomarket After SVB and Fed’s Crackdown

The first altcoin, Ethereum (ETH), continued to surge in price over the past week. The trading price of ETH has increased by 3.75% in the last 24 hours. Moreover, it reached an eight-month high on Tuesday. At the same time, the global market cap also surged over 1.49% in the

April 4, 2023 1 min read

Ethereum Developers Set to Activate Shapella Upgrade on April

The Shapella hard fork set to activate on the Ethereum mainnet on April 12. Ethereum core developers confirmed that Shapella takes effect at epoch 194048, and scheduled for 10.27 p.m. UTC on April 12. Ethereum validators will be able to withdraw the Ether from the Beacon chain with the support

March 29, 2023 1 min read