Following a judgment by a U.S. federal court that XRP should not be deemed a security in some contexts, the larger cryptocurrency market is nearly uniformly green today. This upswing has pushed Ethereum, the second-biggest cryptocurrency by market size, back over $2,000 after a two-month absence. The price of Ether
Polygon, a leading Ethereum scaling solution, has put forth a groundbreaking proposal to replace its existing native token, MATIC, with POL as the universal token across all Polygon networks as part of its highly anticipated Polygon 2.0 upgrade. Polygon 2.0 aims to bolster the security, scalability, and sustainability of the
The second week of July 2023 has kept the global crypto market capitalization at a certain percentage high. Comparatively, the whales are ongoingly spotted in recent while with Bitcoin and other altcoins as well. As of now, the huge Ethereum (ETH) was sold in order to purchase Pepe Inu (PEPE)
ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses
On Monday, the total amount staked hit about $45 billion, representing nearly 20% of all Ethereum in circulation. This landmark achievement perfectly encapsulates the growth of Ethereum. Tokens are pledged to the network so that they will remain secure in exchange for financial compensation. According to a dashboard built by
In a noteworthy development, a sizable transaction involving 26,017 Ethereum (ETH) has caught the attention of the cryptocurrency market. The transaction, valued at approximately $50,468,910, saw the transfer of ETH from an unknown wallet to Coinbase. The move, which was flagged by the blockchain analytics platform Whale Alert, signals heightened
Bitcoin (BTC) and Ethereum (ETH) the crypto giants in the market showing positive momentum with significant price rally. The king of the global crypto market Bitcoin crossed an impressive $31,350 range. Similarly, the second largest cryptocurrency Ethereum nearing the $2K mark. The surge in Bitcoin’s price can be attributed to
Ethereum is consistently making headlines. However, an often-overlooked component substantially contributes to the sidechain network, Polygon. As per reports, Polygon’s Proof of Stake (POS) mechanism is advancing rapidly, with imminent plans to upgrade to a Zero-Knowledge Validium. Significantly, the Total Transactions per Second (TPS) of the Ethereum ecosystem has reached
Bitcoin’s dominance is currently 49.26%, which experienced a decrease of 0.31% in 24 hours over the day. This sent shockwaves to Bitcoiners, as the cryptocurrency has been facing a downtrend in the past week. Meanwhile, just like when the lion sleeps and other wild animals roam the forest liberally, the
After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability platform, was severely hacked over the weekend when an attacker used a flaw in the cross-chain bridge protocol to generate billions
