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Search Results for: kraken

Ethereum Merge and Testnets Now Supported by Cloudflare

Cloudflare controls 80% of the internet infrastructure industry. Cloudflare will stop using the Rinkeby signer in order to strengthen the network. Cloudflare, a company that provides a content delivery network and DDOS security, has announced its support of the Ethereum Merge, as well as its compatibility with the Sepolia and

September 14, 2022 2 mins read

Massive Bitcoin Selloff Surfaces Amid Bearish Market Conditions

5,000 Bitcoins (now worth $100 million) transferred to the crypto exchange Kraken. One of the largest BTC whale addresses transferred all of its holdings to exchange. Bitcoin (BTC), the most popular cryptocurrency, has been trading at a price below $20,000 for some time. At the time of writing, according to

September 5, 2022 2 mins read

Blackrock To Use CF Benchmarks for Bitcoin Price Indexing

 Adoption of a benchmarking standard is a necessary part of its crypto strategy. Since its 2017 inception, CF Benchmarks has established an impressive reputation. The world’s biggest asset manager, BlackRock, has almost finished securing its foothold in the crypto space. The asset management behemoth is aiming to use a Kraken

September 4, 2022 2 mins read

ICON (ICX) Price Prediction 2022 — Will ICX Hit $5 Soon?

Bullish ICX price prediction is $0.390 to $2.679. ICON (ICX) price might also reach $5 soon. Bearish ICX  price prediction for 2022 is $0.227. In ICON (ICX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information aboutICX to analyze the future movement of the cryptocurrency.  ICON

September 3, 2022 8 mins read

Terra LUNC Price Surges 13% Amid Massive Burn and Upgrade

Members of the Terra Classic community have reportedly burnt 3.08 billion tokens. The upgrade was scheduled for around 2022-08-26 at 22:00 UTC. Since the community burn campaign has grown, the value of LUNC has increased by 13%. Luna Classic (LUNC) and UST Classic (USTC), two tokens in the Terra ecosystem,

August 27, 2022 2 mins read

US Congressmen Asks OFAC to Clarify Tornado Cash Sanction

On August 8, the OFAC issued sanctions on Tornado Cash. Emmer asked what considerations caused a piece of technology to a sanction’s list. A member of Congress in the United States has questioned the Treasury’s decision to ban Tornado Cash. The penalties on Tornado Cash, a “neutral, open-source, decentralized technology,”

August 24, 2022 2 mins read

SudoRare NFT Marketplace Executes Rug Pull Hours After Launch

About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many users on Crypto Twitter expressed concern that SudoRare was a fraud, and now the exchange’s developers have apparently pulled the plug. About $820,000 worth of

August 23, 2022 1 min read

Average Transaction Fees of Bitcoin (BTC) Drops Below $1

The three-month decline in network difficulty ended in August. Bitcoin’s average transaction costs dropped to $0.825 on Monday. For the first time in more than two years, Bitcoin (BTC) blockchain transaction fees have dropped below $1.00, further bolstering its use case as a viable mainstream financial system. Having to pay

August 22, 2022 1 min read

Gemini Exchange Introduces Staking Services For Polygon (MATIC)

There will be less technological requirements for its staking users. Gemini will pay for improvements to the infrastructure, as well as gas expenses. On August 18, Gemini finally began its staking process. Gemini said in a release that the MATIC token issued by Polygon can be staked and eligible for

August 21, 2022 2 mins read

JP Morgan’s Forecast: Ethereum Merge a Ray of Hope for Coinbase

JP Morgan estimates Coinbase to generate an annual staking revenue of $650M. Coinbase will pause new ETH deposits and withdrawals during the Merge. The Merge, Ethereum’s transition from PoW to PoS, is just around the corner. Thus, the whole DeFi space is gearing up for this upgrade that is scheduled

August 18, 2022 2 mins read