Ethereum – Page 50

The Fed Reveals When Inflation Will Be Curbed Fully

The Federal Reserve moved forward with a 75 basis point interest hike at today’s Federal Open Market Committee meeting. The 75 bps hike was the more moderate of the two options in front of the Federal Reserve. The Consumer Price Index for August showed an 8.3% YoY inflation. The Fed is now predicting it can bring inflation to 2% by 2025. The crypto markets went on a bit of a roller coaster after the Fed’s announcement. BTC and Ethereum slipped...

Cardano’s Vasil Hardfork Launches Tomorrow. Here’s What You Need to Know

Key Takeaways

Cardano’s Vasil upgrade is set to launch tomorrow. Vasil is expected to bring improvements to make the blockchain more scalable and efficient and lower transaction costs. While the upgrade has suffered from two delays, Cardano co-founder Charles Hoskinson has suggested that the project is on track for tomorrow's launch.

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The upgrade will make Cardano more scalable and introduce several other improvements.

Cardano Awaits Vasil

Cardano’s Vasil hardfork is finally at hand. The Layer 1 blockchain’s highly anticipated upgrade is set to...

$XRP Price Soars as Both SEC and Ripple Seek Summary Judgment in Long-Running Legal Battle

The price of $XRP, the native token of the XRP Ledger, has surged after reports revealed that both Ripple and the U.S. Securities and Exchange Commission (SEC) are looking for a ruling in their long-running legal battle through a so-called summary judgment. According to available data, the price...

Here’s how Arbitrum recently averted a catastrophic crisis

Arbitrum, one of Ethereum’s most popular layer 2 scaling solutions, averted a catastrophic crisis when a white hat hacker alerted the platform about a critical bug he had discovered on the Arbitrum Nitro upgrade.

The discovery

The hacker, who goes by the name Riptide (@0xriptide) on Twitter, discovered the “multi-million dollar” vulnerability on the Ethereum-Arbitrum Nitro bridge. The bug would’ve enabled any bad actor to hijack incoming ETH deposits from users attempting to bridge...

Crypto to Hit “Literally Billions” of Users by 2027: Pantera CEO

Key Takeaways

Pantera CEO Dan Morehead has predicted that crypto will hit billions of users in the next four to five years. He said that crypto prices would rise as adoption grew based on supply and demand principles. He also gave his view on the current market drawdown, saying he thinks crypto hit a bottom during June's lender liquidity crisis.

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Morehead argued that crypto was in “a secular bull market” and could trade independently from traditional risk assets...

Transforming Cinema Industry Via NFTs

Transforming Cinema Industry Via NFTsHow NFTs Are Changing The Film Industry:September 21, 2022Kleks Academy is an exclusive collection of Multi-D NFTs residing on the Ethereum blockchain co-founded by the Open Minded Production Team.Tickets to Kleks Academy universe to be available for pre-sale on September 27th, pre-sale on September 28th, and... Read more Source link

$ADA Standing Strong As Most Cryptoassets Drop In the Wake of Upcoming Fed Meeting

On Wednesday (September 21), as global markets nervously wait for the conclusion of this month’s meeting of the Federal Open Market Committee (FOMC), most non-stablecoin top 20 cryptoassets are in the red, but $ADA is not one of those. Currently (i.e. as of 10:10 a.m. UTC on September 21), according...

Solana: InvestAnswers Explains How $SOL Price Could Go Up by Over 1000%

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about $SOL, the native token of the Solana blockchain, and explained how he had arrived at his price target for $SOL. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is...

Ethereum [ETH] traders going long must know these Q3 stats

Cryptocurrency research platform Messari, in a new report, assessed the performance of Ethereum [ETH] in Q3 2022. Titled “State of Ethereum Q3 2022,” Messari found that the blockchain witnessed an uptick in activity on the network in Q3 over the last quarter. However, the network also logged some sectoral declines and suffered a general drop in revenue due to the activities of Layer 2 scaling solutions. In that case did ETH witness some actual growth?

Network performance

According to Messari, the average...

Institutional Investors Bet on $BTC and $SOL While Moving Away from $ETH After the Merge

Institutional investors have moved their funds away from cryptocurrency investment products offering exposure to the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), and instead are betting on Bitcoin ($BTC), Solana ($SOL), and products offering exposure to multiple cryptoassets. According to CoinShares’ Digital Asset Fund Flows report, digital asset investment products...