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Ethereum – Page 353 – DIGIT INFO

Ethereum

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Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum

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According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has the lion’s share of coins with 115,411 under custody. At the time of … Read more

Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

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The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine the leading crypto asset, ten Chinese mining rig manufacturers … Read more

Weekend Market Action Sees Bitcoin Touch $24K, $1 Billion in Short Positions Liquidated

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Bitcoin and the crypto economy continue to see strong gains, as the price of the leading crypto-asset touched an all-time high on Saturday, December 19, 2020. That morning around 11:45 a.m. EST, bitcoin touched a price high at $24,217, but got pushed below the $24k handle shortly after. The entire cryptocurrency economy is up over … Read more

Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People

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A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them. Survey Reveals Common User Has Just a Basic Understanding of NFT Market According to a … Read more

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