ETH

Where Ethereum [ETH] miners are heading after Merge success

Where Ethereum [ETH] miners are heading after Merge success

As the much-awaited Ethereum Merge was completed on 15 September, Ethereum miners had to look for other alternative coins to keep their operations running. Therefore, a few coins registered a massive increase in their hashrates.  The Ethereum PoW, which is a new hard-forked chain created with the motive of sheltering the ETH miners, also shared …

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Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise

Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise

“Crypto, on the other hand, doesn’t have the same valuation metrics. It’s still in its infancy and so are its valuation models,” he said to CoinDesk via email. “That ambiguity, with respect to valuations, is what allowed for investors to justify chasing prices higher. If I’m right on that, then I would expect the volatility …

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'Strongest' July report card starring the main cast-BTC and SOL as the "investor favourite"

BTC, SOL, ETH as main-cast to July’s strongest report card movie

The cryptocurrency market continues to showcase important vital signs of life amid a raging storm. In fact, the ending week of July saw inflow into digital asset investment products at an optimal number. Everyone is welcome Digital asset investment products saw inflows totaling $81 million last week, signifying the fifth consecutive week of inflows totaling …

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Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike

Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike

Bitcoin was recently trading at about $22,900, up over 8% for the past 24 hours. The largest cryptocurrency by market capitalization has mostly lingered between $21,000 and $23,000 for much of the past 10 days. Ether was recently changing hands just above $1,600, up more than 15% over the same period. Other major cryptos spent …

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Cream Finance exploited in $18.8 million flash loan attack

Hacker drains $1.4 million worth of ETH from NFT lender Omni

Omni, a non-fungible token (NFT) money market platform, was drained of about 1,300 ETH ($1.43 million) in a flash loan reentrancy attack on Sunday, according to PeckShield. Omni allows users to stake their NFTs, usually from popular collections like Bored Ape Yacht Club, to receive tokens like ether (ETH).  Today’s attack saw the …

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Ethereum: Assessing what exactly ETH has going on for itself

Ethereum: Assessing what exactly ETH has going on for itself

It hasn’t been the best of years for Ethereum [ETH], the world’s most popular altcoin. While its price action has often been found wanting, many in the community remain optimistic thanks to the hopes attached to the upcoming Merge. This optimism can be evidenced by Ethereum recording its largest single-day exchange outflows in 2022, according …

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Genesis reports a downtrend in Bitcoin demand as institutions move on to Ethereum, DeFi

Genesis reports downtrend in BTC demand as institutions prefer ETH, DeFi

‘Tis the season of releasing earnings reports, and the third-quarter growth has not so well for some companies directly engaged in cryptocurrencies. This has been largely thanks to the wild price fluctuations Bitcoin has experienced lately. For instance, Microstrategy, the world’s biggest corporate holder of Bitcoin, witnessed paper losses from holding the digital asset on …

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Ether price hits new highs above $2,560, market cap nearing $300 billion

Kryptoin files with the SEC to create an ETH ETF

Research Layer-1 Platforms: A Framework for Comparison The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such …

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Institutional clients are pushing NYDIG and Fidelity to offer more ETH services

Institutional clients are pushing NYDIG and Fidelity to offer more ETH services

The Block Research The Block Research previously looked at the emergence of the first DeFi exploits and their heyday last fall in The Summer of DeFi. However, even the total losses as a result of previous attacks pale in comparison with May 2021. In just one month, DeFi protocols lost a record $210M, $80M more …

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