Following prominent crypto exchanges such as the Coinbase announcement, which made its distance with Silvergate bank, Bitcoin, Ethereum, and the rest of the cryptocurrency market have taken a significant blow. A sharp decline in the price of Bitcoin and across the global crypto market has sparked a flood of liquidations.
The start of 2023 and February’s excitement over the cryptocurrency market turned to struggle at the end of Feb. After a prolonged 2022 bearish, the market signals recovery from Jan 1st, but the recent Federal regulator’s scrutiny over the crypto industry led top digital assets to face unstable price momentum.
The Account Abstraction Grant 2023 is a new funding opportunity from the Ethereum Foundation that aims to speed up and improve the existing system. The Ethereum ecosystem support programme encourages builders and coders by providing them with resources for ongoing initiatives that improve the Ethereum blockchain’s features and capabilities. Under
Vitalik Buterin, Ethereum’s co-founder, has discussed his personal use of cryptocurrency in small purchases. In addition, Buterin offered several recommendations for expanding the use of cryptocurrencies in everyday transactions. Vitalik Buterin, in a recent blog post, reflected on his attempts to buy a cup of tea in 2013 and subsequently
The world’s largest smart contract network, Ethereum’s second testnet, “Sepolia” successfully completed and pushed the Ethereum blockchain one step closer to its much-awaited Shanghai Upgrade. Today Sepolia testnet has successfully replicated staked ether (ETH) withdrawals on the Ethereum blockchain by upgrading to Shapella. The upgrade was initiated at epoch 56832
The world’s largest digital asset Bitcoin’s (BTC) chart signals green after trading for five days in a red candle. Since the beginning of 2023, the global crypto market showing some positive recovery from its prolonged bear market. At the time of writing, the overall market cap was $1.12 trillion, which
Before the much-anticipated March update to Ethereum Shanghai, Tron founder Justin Sun staked millions of dollars’ worth of Ethereum (ETH) on the Ethereum liquid staking platform Lido Finance. On February 25th, on-chain analytics portal Lookonchain disclosed that an address attributed to Justin Sun staked over $240 million in ether (ETH)
Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
Sandeep Nailwal, the co-founder of Polygon, discussed his forecast for the cryptocurrency environment in an interview. He anticipated that Ethereum would surpass all other layer 1 competitors to become the standard smart contract system. Sandeep Nailwal stated: I don’t think there’s going to be a multi-layer 2 environment. There’ll be
Users who had hoped to benefit from the decentralized finance (DeFi) initiative built on the Arbitrum blockchain lost $2 million. When the Hope Finance Twitter account posted a warning about the fraud on February 21, it was picked up by Web3 security company CertiK. It’s hard to find out any
