Wed, November 27

WazirX Hacker Moves Another $12M in ETH to Tornado Cash

The cryptocurrency community is still reeling from the shock of the Indian crypto exchange WazirX hack that happened on July 18, 2024. With a staggering loss of around $230 million, this incident has become the largest cryptocurrency hack of the year. As the company works towards recovery, WazirX hackers have

September 5, 2024 2 mins read

Will Ethereum Price Continue to Decline Amid Slippery Recovery?

Ethereum (ETH) has witnessed crucial challenges in recent weeks, continuing its downward trajectory. After the recent price slump, ETH extended its bearish momentum, following the launch of a new decentralized exchange, Ethervista, and Ripple’s announcement to add an Ethereum smart contract on XRP Ledger.  However, market analysts suggested that ETH

September 5, 2024 2 mins read

Ethereum Futures Trading Volume on CME Hits Multi-Month Low

In August, the volume of Ethereum futures traded on the Chicago Mercantile Exchange (CME) hit a multi-month low. Based on the data dashboard provided by The Block, the total monthly trading volume of CME Ethereum futures in August was $20.8 billion. From $30.5 billion in July, the expected dollar trading

September 4, 2024 1 min read

Swiss Bank Zurich Cantonal Launches Bitcoin and Ethereum Trading

Zürich Cantonal Bank, the fourth-largest bank in Switzerland, has officially entered the cryptocurrency market. According to the announcement on September 4, ZKB is allowing its clients and third-party banks to trade and store cryptocurrencies like Bitcoin and Ethereum.  Further, the bank’s offerings are integrated with its existing digital platforms, ZKB

September 4, 2024 1 min read

21Shares Launches Bitcoin Wrapper on Ethereum Introducing 21BTC

21Shares has officially launched 21BTC, a new Bitcoin wrapper on the Ethereum network. This product allows users to access Bitcoin’s value while utilizing the diverse functionalities of Ethereum’s decentralized finance (DeFi) ecosystem. By introducing 21BTC, 21Shares aims to bridge the gap between the two most dominant cryptocurrencies, offering a unique

September 4, 2024 2 mins read

Scroll Completes Curie Upgrade Preparing for Upcoming Token and Airdrop Launch

Scroll, an Ethereum Layer 2 scaling solution utilizing zero-knowledge rollups (ZK-rollups), made headlines with its upcoming token and airdrop launch. As of July 2024, Scroll completed a significant upgrade to its mainnet called the Curie upgrade. It raised $50M in the last round of funding with a $1.8B valuation. It

September 3, 2024 2 mins read

Trader Nets $670K with Ethervista Token Amidst 15x Price Surge

A trader identified as 0x430 achieved a notable profit by investing $5K into Ethervista, a new Ethereum Layer-2 network. Within 48 hours of the token launch, this investor turned their initial stake into $670K, reported prominent data aggregator platform, Arkham Intelligence. Ethervista has attracted significant attention in the Ethereum DeFi

September 3, 2024 2 mins read

Vitalik Buterin Proposes Solution to Speed Up X’s Community Notes

Vitalik Buterin, co-founder of Ethereum, thinks that with the help of AI and prediction market technologies, the social media platform X can speed up the generation of Community Notes. Users may provide more context to postings that might be misleading by using the Community Notes, which is an X feature.

September 3, 2024 2 mins read

Is Ethereum Poised for an Imminent Bullish Rebound?

Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.

September 3, 2024 2 mins read