In a surprising move, an Ethereum ICO participant recently awoken from a seven-and-a-half-year dormancy to transfer one ETH to a new address. According to a Lookonchain tweet, the investor had received 2,365 ETH during the Ethereum Genesis ICO. An Ethereum ICO participant woke up after 7.7 years of dormancy and
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
On this Earth Day, let’s look at some of the green cryptocurrencies in the market. The general accusation made against cryptocurrency and its backend technology is high energy consumption. Reports in the past few years have stated that US mining firms consume more electricity than any third-world country. Proof-of-Work (PoW)
Bitcoin (BTC) and Ether (ETH) crossing their crucial resistances — $30K and $2.1K respectively — escalates the likelihood of the next bull run. Parallel to them, other altcoins project their upside potential and bolster the crypto market’s recovery since the onset of this year. The collective price action of altcoins,
Over the last decade, the cryptocurrency ecosystem has experienced rapid growth, with numerous innovative projects offering new ways to exchange digital assets and more. The constant development of blockchain infrastructure to support secure, scalable, and decentralized apps has driven this unrelenting innovation of crypto-based products. The most notable example is
After the Q1 of the year 2023, it is subjected to be the alt season as majorly altcoins are rising peaks recently in this Q2. However, as most of the coins excite investors, there exists an overwhelming state to select and invest among enthusiasts and investors. Is Altcoin Performing Better
The cryptocurrency market is surging, climbing back up from its 2022 lows. Improving sentiment for crypto assets has fueled the rebound surge, and crypto Whales have taken advantage of the recent “buy the dip” chance to boost their holdings. On-chain data shows that Cardano whales have been on an acquisition
The founder of Cardano (ADA), Charles Honkison, has recently drawn the crypto community’s attention. This is because Vinay Prasad, a medical doctor, discussed how ChatGPT has the potential to revolutionize the field of medicine in a YouTube video that was shared by the CEO of the decentralized platform. Here's a
The impact of Doge replacing Twitter’s blue bird sparked greater upswings in Dogecoin. Remarkably, in that specific 24h window, this largest memecoin’s price shot up 33% to attain its 3-month-high of $0.102. Investors and crypto enthusiasts turned themselves into keen observers of Dogecoin’s hype-driven rally. Price momentum was not only
Ripple (XRP), a prominent altcoin with the 6th position in the global crypto ranking, gained its price back in the month of March. But April’s movement seems to not follow that path. The hope of reaching the $1 mark came crumbling down as the month started. A few extractions made
