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Search Results for: Cryptocurrency

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

Smart Contracts 101: How Do They Work With Layer 0 Blockchains?

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

April 15, 2023 14 mins read

Coinbase Airdrops 601 Million FLR Tokens To Qualified XRP Holders

On Friday, Coinbase, a cryptocurrency exchange, said that it had successfully distributed all of the Flare (FLR) tokens that had been promised. There were over 601 million FLR tokens released to those who qualified (those who had XRP). The price of Flare Tokens, however, has not changed much. Coinbase has

April 15, 2023 1 min read

Two FTX Ex-supporters “Make Peace” To Favor Crypto Industry?

The rumored spokesmen of Sam Bankman-Fried linked FTX scandal — Shark Tank investor Kevin O’Leary and Crypto YouTuber Ben Armstrong (“BitBoy Crypto”) – have called on an end to their Twitter quarrel. The renowned billionaire tweeted the possibility of appearing on an exclusive podcast with BitBoy Crypto to talk in

April 15, 2023 2 mins read

Price of Crypto Exchange OKX’s Native Token OKB Surges 20%

The price of OKB, the utility token of the crypto exchange OKX, has increased dramatically today. Over 20% has been gained in the last 24 hours, with a surge from $45.29 to $54.51.  There is a significant upward trend, and trade volume has increased by 328% in the previous 24

April 15, 2023 1 min read

KuCoin Selects SUI Token as 25th Spotlight Token, Driving Web3 Infrastructure Innovation

<Sui Blockchain’s Native Token, SUI, Chosen as KuCoin’s 25th Spotlight Token> VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin, a global top-5 crypto exchange platform, is excited to announce that SUI token has been chosen as the 25th Spotlight Token. SUI token is the native token of Sui blockchain, a new layer 1 blockchain network

April 15, 2023 3 mins read

Chia (XCH) Token Records Over 17% Price Surge in 24-Hours

Since the beginning of the year, the cryptocurrency market has been on an upward trend. While the prices of digital currencies recorded a slow-decline after the collapse of the FTX cryptocurrency exchange platform.  Chia (XCH) cryptocurrency has not been left behind by this bullish trend. Recently, Chia has been gaining

April 15, 2023 2 mins read

MetaMask Reports Security Breach Affecting 7,000 Users

ConsenSys, the company behind the popular cryptocurrency wallet MetaMask, has disclosed a data breach that has understandably caused alarm in the crypto community. However, the developers of the MetaMask add-on and mobile app have assured users that they are completely secure. Because it is non-custodial software, the crypto wallet does

April 14, 2023 1 min read

New DeFi Protocol ‘Term Finance’ Expands Towards New Liquidity Horizons

Term Labs announced on April 12 it had successfully launched its first testnet auction, cleaning $22.4 million in USDC loans against ETH at 2.96% interest over a four-week term.  “We were pleasantly surprised to see the auction clear within a few basis points of the current midpoint of Compound Finance’s

April 14, 2023 2 mins read

94,800 ETH Staked to Network Amid Concerns of Mass Withdrawal

There are still many Ethereum believers who are optimistic about the network. A total of $198.7M (or 94,800 ETH) has been staked in the previous 24 hours, as reported by statistics from Nansen. Since the most recent Shanghai update on Wednesday, staking has been a focal point of the network’s

April 14, 2023 2 mins read