Ethereum network burns $395K ETH per hour after London upgrade
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke. Go to Source Powered by WPeMatico
Ethereum
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‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon … Read more
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one … Read more
Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out. Go to Source Powered by WPeMatico
Ethereum London hard fork goes live
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset. Go to Source Powered by WPeMatico
Ethereum is becoming ultrasound money, ConsenSys founder says
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin. Go to Source Powered by WPeMatico
Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5
The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2:00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000. Ethereum Set to Fork on … Read more
Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition
While traditional crypto assets have seen market sentiment drop to a level of uncertainty, non-fungible token (NFT) assets have continued to sell in the millions. One project developed by Larva Labs called Cryptopunks has seen some of its NFTs sell for millions and on May 11, a collection of nine Cryptopunks sold for $16.9 million … Read more
How cross-chain liquidity aggregation can shape the future of DeFi
What will ease the burden of DeFi users and remove some of the barriers to entry for newer market participants? This project sees the future of DeFi as multichain co-existence. Go to Source Powered by WPeMatico
Price analysis 8/2: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
Bitcoin price has hit a few barriers but many altcoins appear positioned for continuation. Go to Source Powered by WPeMatico