Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows
The drop in Ethereum’s daily active addresses comes as ETH price flatlines, raising fears about a potential drop ahead. Go to Source Powered by WPeMatico
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Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added … Read more
48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots
For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However, in recent times, Flashbots have been controversial as people believe the technology threatens Ethereum’s censorship-resistance. This is because Flashbots account for 48% of blocks that … Read more
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week
A new crypto project aiming to mint tokens from burning Ether is behind Ethereum’s deflationary turn. Go to Source Powered by WPeMatico
Web3 devs ‘more active than ever’ amid crypto winter: Report
Consecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn. Go to Source Powered by WPeMatico
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75 per transaction. Ethereum’s Average Gas Fees Jump Over 80% … Read more
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the … Read more
Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
Macroeconomic factors and centralization concerns are putting pressure on Ethereum’s price post-Merge. Go to Source Powered by WPeMatico
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and the cryptocurrency exchange Kraken has joined as a foundation member. Liquid Collective Aims to Bolster a Multi-Chain Liquid Staking Standard … Read more
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts. Cryptocurrency Miners Hit by The Merge, Vietnam Report Reveals Vietnam’s crypto miners have suffered heavy … Read more
