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Ethereum - The Urban Mine

Category: Ethereum

“DeFi is not decentralized at all,” says former Blockstream executive

Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an effective monetary network because of their lack of decentralization.  As Mow pointed out, DeFi projects are governed by entities that can modify the protocol at will.

Ethereum strives to migrate into a brighter future: Report

Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent Cointelegraph research report asks if Ethereum is still on track to defend its crown as the prime network backing the decentralized finance world. The report cuts through popular misconceptions investors may hold and offers a comparative analysis of Ethereum and its

Berlin-based football app enters the metaverse following $300M fundraiser

OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to a Thursday announcement, OneFootball and NFT-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will “enable clubs, leagues, federations, and

Elon Musk’s Twitter Takeover Will Fuel Major Rally for One Altcoin, Says Top Crypto Trader

A top cryptocurrency analyst is naming one digital asset that could spike amid Elon Musk’s plans to acquire Twitter. Pseudonymous crypto trader Altcoin Sherpa tells his 174,200 Twitter followers that Dogecoin (DOGE) could present “interesting trade opportunities” as the process to buy Twitter plays out. Elon Musk is a staunch Dogecoin fan who in December

Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement

Layer-two (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks.  One project that has benefitted from the growth of the L2 scaling solutions is Synthetix

Crypto Analyst Says Massive Correction Awaits Bitcoin (BTC) and Ethereum (ETH), Predicts Timing of Next Bull Market

A popular analyst is issuing a dire warning to crypto investors, saying that Bitcoin (BTC) and Ethereum (ETH) are poised to ignite sharp corrective moves before the next bull cycle can begin. Top crypto strategist Justin Bennett tells his 100,400 Twitter followers that he’s keeping a close watch on the TOTAL chart, which measures the

Ethereum Whales Stockpiling Dogecoin Competitor Shiba Inu, ApeCoin and Two Additional Altcoins: On-Chain Data

New data shows that the biggest Ethereum (ETH) whales are loading up on meme coin Shiba Inu (SHIB), the new kid on the crypto block ApeCoin (APE) and two metaverse tokens. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The digital asset whale-monitoring website shows that in