Ethereum – Page 34

Tesla Nukes Altcoin Market, Elon Musk Does Damage Control

The crypto market struggles due to a wide variety of macroeconomic factors. The altcoins market in particular faced a major crisis. Ethereum fell by 2% in the last 24 hours and is trading at $1281. Meanwhile, Cardano and Solana fell by 3% and 5% respectively. The Tesla earnings report was an important reason for the poor performance of the altcoins market. Tesla missed its expected earnings for the third quarter and the company’s stock plummeted as a result. In the...

Chainlink ($LINK) Will ‘Move Hard to the Upside’, Says Popular Cryptocurrency Analyst

A popular cryptocurrency analyst has revealed they believe that the price of smart contract oracle platform Chainlink ($LINK) will “move hard to the upside” in the near future, despite seeing sideways price action over the last few months. According to the pseudonymous analyst Altcoin Sherpa, $LINK has been...

Polkadot [DOT] ranked above Ethereum and Solana in this category

The latest data from Santiment revealed that Polkadot [DOT] ranked above Ethereum [ETH] and Solana [SOL] as the blockchain with the highest development activity in the past seven days. While development activity on Ethereum and Solana totaled 78.79 and 67.21, respectively, in the last week, Polkadot logged a development activity index of 3124.14 within the same period. Once again, @Polkadot is leading the dashboard in...

ADA’s latest development may be evidence that it would stop at nothing in 2022

The Cardano Foundation may be giving a sneak-peak into what’s next for the blockchain only a few weeks after the successful rollout of the Vasil hard fork. The Cardano Foundation, on 18 October, tweeted about Cardano Ballot. This is a decentralized application (dApp) for voting that is in the works. Although the dApp is being developed for the Cardno Summit, there are subliminal indications that it may have a wider scope. 📗NEW BLOG: The...

Suspected Ethereum Exploit Drains Wallet of 121 ETH in Gas Fees

Key Takeaways

Today an Ethereum user spent a record 121.56 ETH (more than $158,000) in gas fees. The gas fees were pocketed by the validator that processed the transaction. Blockchain security company PeckShield believes there was some kind of foul play.

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An ongoing exploit has led to more than $158,000 being extracted from an Ethereum user through an operation involving extremely high gas fees.

Gas Fees Gamed

An Ethereum user appears to have been the victim of a new type of exploit.According to...

1INCH: A-Z of how the DeFi protocol fared in Q3; stats might be shocking

Impacted by the general decline in the cryptocurrency ecosystem, 1inch suffered a considerable blow to its trading volume and revenue in Q3, Messari found in a new report. Launched in May 2019, the 1inch Network is an all-in-one decentralized finance (DeFi) protocol housed within several blockchains, namely Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB Chain, Gnosis, Fantom, Klaytn, and Aurora. In its new report assessing the DeFi platform’s performance in Q3, Messari found that the total trading volume on 1inch fell by...

Which Memecoin Will Peak In Next Bull Run?

After the dramatic rise of memecoins last year, the DOGE Vs SHIB clash will be interesting to see in next bull run. What began as a crypto collapse still continues to plague the crypto market with the bear market situation. Thanks to institutional adoption of the memecoins, it has become easier for their mainstream adoption. Also, a strong support from the memecoin communities is helping DOGE and SHIB withstand tough market situations.

Institutional Adoption Of DOGE

Recently, tech giant Google included...

Solana has a new punching bag in the NFT market, and it’s none other than…

Despite the bleak NFT action in 2022, trends continue to emerge from this market for two main guests. Firstly, Ethereum [ETH], the king altcoins and Solana [SOL], the so-called ‘Ethereum killer’. But did this killer have the strength to beat the king within the NFT battleground?

All hail the King

Was ETH really the king within the NFT market at press time? The press time statistics stated a different picture. Ethereum’s NFT volume in terms of dollar fell by ~90% from...

Aussie Regulator Blocks Holon’s Crypto Funds –

Bitcoin and other related crypto products being offered by this Australian asset management company is now on hold. The Holon Investments Australia Limited has received cease-and-desist orders from the Australian Securities and Investments Commission. The three investment products that monitor Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) are the focal point of the stop orders. Although the government is crypto investor-friendly to some extent, ASIC is actively studying digital currency solutions and expanding its regulatory reach in the crypto industry. The order...

BNY Mellon CEO on Crypto: ‘Prepared’ To Support Client Needs ‘On This Important Journey’

On Monday (October 17), during the Q3 2022 earnings call, Robin Vince, the President and CEO of Bank of New York Mellon Corporation (NYSE: BK) shared his thoughts on crypto. As you may already know, on October 11, BNY Mellon announced that its Digital Asset Custody platform had gone...