The cryptocurrency exchanges’ Ether reserves have hit a five-year low. The current number of ETH on exchanges, 17.8 million, is the most it’s been since July of 2016, according statistics from Glassnode. As of September 2022, the number of Ethereum tokens available on trading platforms has begun to decrease. The
Ethereum has made significant progress towards its impending Cancun upgrade after its well-publicized Shapella upgrade earlier this year. In addition, the change should have a major effect on the network’s architecture. In recent months, people working on the core of Ethereum have explored a number of Ethereum Improvement Proposals (EIPs).
In the ever-evolving blockchain technology landscape, Ethereum has long held the throne as the leading smart contract platform. However, a rising contender named Algorand has been garnering attention with its unique approach and technological advancements. Understanding the Foundations: Ethereum and Algorand share the goal of enabling decentralized applications and smart
The memecoin has witnessed significant growth in recent days with the arrival of new coins and has captured the attention of investors in the crypto market. Lookonchain, the on-chain data analytics platform, has reported suspicious wallet transactions, which made most of the profits on memecoins in May 2023. 1/ This
The crypto market has continued to witness the tremendous hype of memecoins since the beginning of 2023. A torrent of events — from Shiba Inu’s Shibarium, and Dogecoin’s Twitter cameo to viral PEPE and emerging new memecoins — locked investors in the “memecoin season.” In the middle of this meme
Vitalik Buterin, the co-founder of Ethereum (ETH), recently addressed a conference gathering and referred to Solana as the most scalable blockchain. This remark has caused a stir in the community since it seems to suggest that Buterin agrees that Solana is more scalable than Ethereum. The token used by the
Dan Berkovitz, the former CFTC Commissioner, mentioned in the latest episode of the Unchained podcast that there is a possibility of considering Ethereum’s native Ether token as both a commodity and a security. In addition to his role as former CFTC Commissioner, it is worth noting that Dan Berkovitz also
The crypto market has experienced a downtrend in recent times. The trading volume of the largest assets by market capitalization is plummeting to too low levels and has shown historically low levels of weekly trading volume. 📉 The largest assets in #crypto are seeing historically low levels of weekly trading
The new “Phygital” Toy Collection & Experience for the popular NFT collection Pudgy Penguins on the online retail behemoth Amazon has resulted in skyrocketing curiosity and sales. Over 20,000 Pudgy Penguins were sold in the first two days, resulting in sales of over $500,000, as reported by Luca Netz, CEO
On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
