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Search Results for: Ethereum

Ethereum and Polygon Support Now Added to Phantom Wallet

Earlier today, Phantom, one of the most widely used cold storage wallets for Solana-based decentralized applications and NFTs, announced that it will be expanding to include Ethereum and Polygon. Phantom is available for PC, iOS, and Android. When compared to centralized exchanges and firms that manage sensitive user data. The

November 29, 2022 1 min read

Belgian Regulators Classify Bitcoin and Ethereum as Non-Securities

Bitcoin (BTC) and Ethereum (ETH) are not considered securities, according to the Financial Services and Markets Authority (FSMA) in Belgium. Regulatory organizations all over the globe are attempting to define the emergent asset class. But thus yet, only a few of them have been successful. It’s worth noting that the

November 28, 2022 2 mins read

Whale Alert: Bitfinex Sent 117K Ethereum (ETH) to Unknown Wallet

In the aftermath of FTX’s bankruptcy, the global cryptocurrency market encountered the second massive bear trend in a year. Following that, most of the crypto exchanges were urged to disclose their cold and hot wallet addresses as proof of reserves to lower risks and increase market confidence. As a result

November 21, 2022 2 mins read

Ethereum (ETH) Price Falls 8% as FTX Hacker Swaps 30K ETH

Selling pressure was high on Sunday night for the second biggest cryptocurrency in the world, ETH. The attacker who stole $600 million from the FTX exchange was reportedly trading in his Ether for Bitcoin on Sunday, November 20. The hacker exchanged all the stablecoins for Ethereum last week, amassing $288

November 21, 2022 1 min read

Tether to Transfer $1B USDT From Solana to Ethereum Network

To move USDT from the Solana blockchain to the Ethereum blockchain, stablecoin issuer Tether has launched a $1 billion chain swap. The news comes as Solana, which was among the top 5 largest cryptocurrencies by market size only weeks ago, struggles in the wake of the bankruptcy of crypto exchange

November 19, 2022 1 min read

COP27: Leading Technology Companies Launch “Ethereum Climate Platform” Initiative to Address Ethereum’s Former Proof of Work Carbon Emissions

Partners include a still growing list of prominent stakeholders from the Web3 ecosystems, as well as civil society leaders. Convened by ConsenSys and climate tech firm Allinfra, this collective will enable and accelerate the funding of projects globally that will contribute toward significant and verifiable greenhouse gas mitigation. The initiative

November 17, 2022 10 mins read

Uniswap Now Second Largest Exchange in Ethereum Trading

In the last 24 hours, Uniswap has seen more trading volume in Ethereum than any other exchange, second only to Binance. As a result of the unexpected and catastrophic collapse of FTX, traders are moving in droves to DEXs. Recently, Uniswap surpassed all others as the second-biggest market for Ethereum

November 16, 2022 1 min read

Ethereum Co-founder Vitalik Buterin Reportedly Sold 3000 ETH

Reports surfaced over the weekend that Vitalik Buterin, co-founder of Ethereum (ETH), liquidated a large quantity of ETH tokens. Vitalik’s transactions, according to a wallet tracker, occurred around the time of the major FTX crypto exchange breach. According to MistTrack, Vitalik traded roughly 3,000 ETH for around $4 million USDC.

November 14, 2022 1 min read

FTX U.S Plans To Enable Withdrawal of Ethereum and MATIC

On Friday, FTX announced that ETH withdrawals will once again be available on the FTX US platform. In addition, customers who want to withdraw Polygon (MATIC) must cancel all outstanding withdrawals and submit a new withdrawal request as ERC20 MATIC. It was reported on Thursday by FTX CEO Sam Bankman-Fried

November 11, 2022 1 min read

73% of All Daily Blocks Minted on Ethereum OFAC Compliant

51% of Ethereum blocks were confirmed to be compliant with OFAC rules in October. The agency has already sanctioned Tornado Cash and a number of ETH addresses. Members have been monitoring Ethereum’s progress toward meeting requirements put out by the Office of Foreign Assets Control (OFAC). Over 73% of all

November 6, 2022 2 mins read