It took Ethereum’s native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022. ETH price breaks out but risks remain ETH price reached near $3,350 on March 28 after rallying by over 30% in just two weeks, and by more than 50% when measured from its year-to-date
Ethereum
Cointelegraph is following the development of an entirely new blockchain from inception to the mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. Scalability is a popular topic in blockchain, but few ever explain what we mean by that term. When we at Koinos Group talk
In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave’s V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some bullish
What is an NFT? NFTs are nonfungible tokens. The adjective “nonfungible” is often used in economics to represent features such as uniqueness and non-interchangeability. In the crypto space, nonfungibility simply indicates that one item cannot be exchanged for another. A “token” as a unit of account is basically a certificate of validity stored on the
The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the community excited about the upcoming switch to proof-of-stake. Data from Cointelegraph Markets Pro and TradingView shows that since the successful launch on Kiln, the price
Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect with his fans and work
Leumi Bank, one of the largest lenders in Israel, reportedly started to accept Bitcoin (BTC) and Ether (ETH) trading. According to a Thursday report by Reuters, Pepper Invest, Leumi’s digital platform, partnered with blockchain infrastructure provider Paxos to launch crypto trading. Pepper Invest clients can now buy, sell and hold cryptocurrencies using the new service. The
“Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine”, said Illia Polosukhin, the co-founder of Near Protocol. Polosukhin, who was born and raised in Kharkiv, Ukraine, has been at the forefront of the crypto fundraising efforts aimed at supporting Ukraine against Russia’s offensive. Right after Russia’s attack
Quick take: ApeCoin (APE) has had an eventful first day of trading hitting an all-time high of $39.40 and a low of $6.48 APE has since stabilized at $7.44 after being listed on Gemini, FTX and Binance However, if history is used as a guide, ApeCoin (APE) could experience more losses before prices stabilize The
On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable amount already written about the
The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread economic uncertainty are taking a toll on financial markets and helping to highlight the need for a diversified investmen portfolio. Altcoins have managed to gain some ground in recent days,
GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s Head of Growth, announced on Medium on Wednesday that the beta version of GameStop’s marketplace had gone live. The future of #NFTs are here + they’re powered by #Ethereum‘s
Quick take: Gitcoin is hosting a fundraising campaign to benefit the humanitarian effort in Ukraine The fundraising campaign will run from the 9th to the 23rd of March $700k has been set aside by Gitcoin Grants to match individual donations According to Slowmist, $84.939 million in crypto has been donated to Ukraine Gitcoin, the platform
Quick take: Time magazine has released its first-ever full magazine issue as an NFT Ethereum’s Vitalik Butern featured on the cover of the NFT issue of Time magazine Vitalik discussed the future of crypto including the dangers of overeager investors and the potential for Ethereum to change the world Time magazine has released its first-ever
Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity worth 36,401 ETH to Lido’s “Curve stETH pool” using a third-party Ether wallet, data from Etherscan shows. As a result, it
Ethereum co-founder Vitalik Buterin recently spoke about his biggest concerns about the crypto industry with TIME Magazine. Following the interview’s publication, Buterin responded to tweets that negatively compared his appearance to that of Tom Brady, retired NFL star and founder of the NFT marketplace Autograph. The quote tweets on the new time article about me are truly
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