Elon Musk Completes $44B Twitter Takeover, Fires Top Executives
Ethereum: Number of new smart contracts surge to highest 2022 level, but…
admin2022-10-28T03:30:38+00:00The rate of smart contract and dApp development on Ethereum dropped in the last few months. This is unsurprising because of the bearish market condition that prevailed during the same period. Here’s AMBCrypto’s price prediction for Ethereum (ETH) Developers are aware that their dApps are less likely to get traction during a bear market. Given these observations, the latest spike in Ethereum smart contracts indicates that developers are becoming more optimistic. To put it into perspective, the number of new smart contracts...
Institutional Crypto Investment Products’ Trading Volumes Drop to Two-Year Low
admin2022-10-28T02:28:00+00:00The daily aggregated trading volume of institutional cryptocurrency investment products has fallen to a two-year low at a time in which the prices of most cryptoassets kept on trading sideways during the bear market. According to CryptoCompare’s latest Digital Asset Management Review report, digital asset products have seen...
Ethereum ($ETH) Could Outperform Bitcoin ($BTC) and Equities Amid Growing Demand, Bloomberg Analyst Says
admin2022-10-27T22:44:00+00:00Bloomberg commodity strategist Mike McGlone has, in a series of tweets, revealed that he believes the price of Ethereum ($ETH) could outperform that of Bitcoin ($BTC) and of equities as demand for the second-largest cryptocurrency keeps on growing. According to McGlone, Ethereum has built a strong foundation over...
Google Launches Node-hosting Service with Support for Ethereum
admin2022-10-27T16:20:24+00:00To make things easier for the Ethereum developers & projects, Google announced its cloud-based node engine service, this Thursday. Blockchains usually rely on networks of nodes or in some instances on computers, that run designated software to confirm transactions & store historical data. These nodes run programmatic codes for various crypto networks and act as an essential building block for the Web3 ecosystem to function properly. The more nodes a network has, the more scalable, trustworthy, secure & decentralized it...
zkSync Is About to Launch Its Mainnet 2.0. Here’s What to Expect
admin2022-10-27T14:42:49+00:00
Key Takeaways
zkSync 2.0 is set to launch this Friday. The upgrade will bring added smart contract functionality, allowing developers to deploy their own DeFi apps, NFTs, and games on the Layer 2 network. zkSync also has plans to launch a token, with some speculating that it will follow Optimism's lead in rewarding early users.Share this article
The zkSync 2.0 launch is set to go live Friday.zkSync Readies Mainnet 2.0
The newest version of zkSync is almost here. The Ethereum Layer 2...
SEC finally bows to this motion; what could be next for Ripple?
admin2022-10-27T11:15:35+00:00The long-running legal spat between the SEC and Ripple seemed to pick up momentum this year, but a resolution may be close at hand. Recently, things started to take shape, and some people both inside and outside the crypto community have been predicting possible outcomes based on the way things are right now. The SEC finally approved the Amicus Curiae after raising multiple complaints against it, according to a recent development. This information was provided in a
XRP Ledger’s Ethereum-Compatible Sidechain Could Be ‘Very Bullish’ for $XRP, Analyst Says
admin2022-10-27T00:30:00+00:00The development of an Ethereum Virtual Machine-compatible sidechain for the XRP Ledger, the native network of the $XRP token, could be “very bullish” for the cryptocurrency, as it has been for some of its competitors. According to the pseudonymous analyst known as Guy, who shared his thoughts on...
Ethereum Can Be Used for Cancer Research. Here’s How It Works
admin2022-10-26T22:01:17+00:00
Key Takeaways
A medical team made the case in a paper this year that blockchains were useful for cancer researchers to share information with each other for their AI systems. According to the team, blockchains allow AI model parameters to be shared simultaneously across all collaborators without the help of a centralized coordinator. The team specifically mentioned using smart contracts on Ethereum for that purpose.Share this article
Ethereum’s smart contracts enabled three different teams of researchers to update their AI models simultaneously without...
Ethereum ($ETH) and Cardano ($ADA) Lead Crypto Market Recovery as Market Cap Nears $1 Trillion
admin2022-10-26T19:03:00+00:00As the total market capitalization of all cryptocurrencies on the market nears the $1 trillion mark for the first time since mid-September after weeks of sideways price action, Cardano ($ADA) and Ethereum ($ETH) are leading the cryptocurrency market’s recovery. According to market data from leading institutional digital asset...