Bookmarking Crypto Insights
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Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S. equity session opened, prices weighed, as … Read more
Music is becoming a key feature in the Metaverse, but will challenges hamper adoption? Go to Source Powered by WPeMatico
ETH price may have bottomed in January following its sharpest rebound to date in a bear market. Go to Source Powered by WPeMatico
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. Go to Source Powered by WPeMatico
One analyst suggests shorting the ongoing SHIB price rally brings “excellent opportunities.” Go to Source Powered by WPeMatico
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting. Go to Source Powered by WPeMatico
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, … Read more
Web3 developer growth hit an all-time high in 2021, yet challenges lie ahead for new developers flooding the space. Go to Source Powered by WPeMatico
Recent U.S. economic data could spoil the Fed’s hawkish plans for 2022. Go to Source Powered by WPeMatico
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network is “down for maintenance,” as the team “looks into a potential exploit.” Wormhole … Read more