Mon, November 18

Binance Launches EthereumPoW (ETHW) Mining Pool

The news caused a 15 percent spike in the price of EthereumPoW (ETHW). Binance Pool has announced that it would no longer charge any pool fees for a month. The world’s biggest crypto exchange Binance in a press release on Thursday announced the start of the Ethereum proof-of-work (ETHW) mining

September 29, 2022 2 mins read

CryptoPunks NFT 2924 Sold for 3,300 ETH ($4.45 Million)

NFT hoarder “seedphrase” sold the CryptoPunk NFT.  To date, punk #5822 has fetched the highest price for a CryptoPunk. A million dollars was a common price tag for NFTs during the recent craze. It seemed that the brakes had been put to the market, since recent circumstances had remained turbulent.

September 29, 2022 1 min read

Ribbon Finance Unveils New Options Exchange ‘Aevo’

In the initial release, built on Ethereum, users will only be able to pay in ETH. Ribbon Finance also launched Ribbon Earn and Ribbon Lend. The market for cryptocurrency derivatives is becoming more active. Ribbon Finance unveiled its new “high-performance” options exchange, Aevo, today. In the initial release, built on

September 28, 2022 2 mins read

Global Auction Giant Christie’s Adopts On-Chain NFT Auction

Christie  has collaborated with blockchain firms to add new features to its marketplace. Christie’s 3.0 technology allows NFTs to operate totally within the ETH network. Christie’s has already made a significant impact in the NFT field. The legendary auction house is now completely adopting Web3’s decentralized concept by introducing a

September 28, 2022 2 mins read

Pixelmon NFT Game All Set For a Revamped Comeback

Pixelmon revealed a new leadership team and an altered plan. Co-founder of LiquidX, would lead Pixelmon as its chief executive officer. Pixelmon, a project that generated $70 million by selling NFTs that promised to give a Pokémon-esque experience and then exhibited ragged artwork that was universally ridiculed and spawned memes

September 27, 2022 2 mins read

Almost $1 Million Stolen in Ethereum ‘Vanity Address’ Exploit

The hack used the same flaw as the previous $160 million heist. With a vanity address, one may choose their own unique string of letters and numbers. An Ethereum “vanity address” valued around $950,000 was compromised; this address was created using a program called Profanity. The hack used the same

September 27, 2022 2 mins read

Mining GPU Prices in China Plummets Post ETH Merge

Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting

September 26, 2022 1 min read

Italian Soccer Team AC Milan Announces New NFT Initiative

The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,

September 26, 2022 2 mins read

How Close Is ETH to Become Deflationary?

A total of 8,094 ETH was added to the supply pool since the merge. The gas fee at present in the Ethereum network is 4.62 Gwei. Ethereum merge didn’t turn out as expected in various aspects. The post-merge scenario was to take the Ethereum (ETH) token closer to the deflationary

September 26, 2022 2 mins read

CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash

The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected

September 25, 2022 2 mins read