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Search Results for: Ethereum

Ethereum Posing Sandwich Attack, Will Solana & Cardano Beat ETH?

Ethereum (ETH) emerged to offer smart-contract functionalities that the Bitcoin network could not support. Following that, Ethereum’s competitors rose to provide alternatives to its lingering problems, but they have not yet succeeded. However, Ethereum is currently posing some challenges due to the new “Bots and Sandwich Attack.” So-called “Ethereum killers”

April 21, 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 Gas Fees Skyrocket Due to Sandwich Bot Attacks

As the cryptocurrency market experiences a surge in interest in meme-based tokens like Pepe and Chad, a new threat has emerged for traders – sandwich bots. These bots, which front-run transactions and manipulate them for profit, are causing havoc on the Ethereum network and costing traders millions of dollars. An

April 19, 2023 2 mins read

Ether Capital Corporation Celebrates a Successful Shanghai Upgrade That Completes Ethereum’s Transition to Proof of Stake

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) is pleased to celebrate a successful Shanghai upgrade (also referred to as the Shapella upgrade) — a major technical achievement by Ethereum developers that charts Ethereum on a path to a fully scalable, decentralized and secure blockchain. Ether Capital

April 19, 2023 5 mins read

Ton Foundation Announces Rollout of 2-Way Ethereum Bridge on TON

To enable the transfer of ERC-20 tokens from Ethereum to natively wrapped fungible tokens (Jettons) on TON, the TON Foundation, a non-profit organization of developers and enthusiasts behind The Open Network (TON), has announced the rollout of a two-way bridge. Moreover, the press release claims that the bridge would provide

April 19, 2023 1 min read

Litecoin Spikes While Bitcoin and Ethereum Opt for a Drop in 24H 

Bitcoin (BTC) and Ethereum (ETH) projected a 24-hour price drop of 0-1% during the Asian morning hours. Litecoin (LTC) gained over 4% in the last 24 hours to surpass $102, at the time of writing. According to the data from TradingView, LTC marked an intraday high at $102.96 on the

April 18, 2023 2 mins read

Over 1M Ethereum (ETH) Worth $2.1B Withdrawn Post Shapella Upgrade

In the first four days after the Shapella hard fork, more than one million Ether worth $2.1 billion were removed from Ethereum’s Beacon Chain, and the price of Ether went above $2,100 for the first time in 11 months. There have been a total of 1.03 million ETH withdrawn from

April 17, 2023 1 min read

Ethereum (ETH) 2.0 Deposit Contract Oscillating at Extremes

Ethereum’s 2.0 staking deposits vs. withdrawals are not so symmetric now. The number of deposits is taking up the volume from the withdrawals. The community was taken aback when the difference between deposits and withdrawals exceeded 75k ETH on April 15th.  But the situation reversed on April 16th, with 16K

April 17, 2023 2 mins 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