Category: Ethereum

Announced on Monday, EY’s flagship blockchain services including EY OpsChain and EY Blockchain Analyzer will be integrated with Polygon, allowing transactions to be committed to Ethereum via the sidechain. EY emphasized that its enterprise clients will have access to increased transaction throughput with predictable fees and settlement times using Polygon. The firm also revealed it

The Ethereum Foundation (EF) and Ethereum Name Service (ENS) are backing a proposed system for secure sign-in using Ethereum from decentralized identity software firm Spruce. Spruce’s system was selected after EF and ENS submitted a Request for Proposals in July encouraging developers and software firms to propose a sign-in package using Oauth — an open

A top trader and crypto analyst says that Bitcoin and Etheruem could dip well below current prices and still fully be in a bull market. The pseudonymous crypto trader, known as Kaleo, tells his 279,000 followers that while some crypto assets look vulnerable on lower timeframe charts, the long-term bullish picture still remains intact.  

Ethereum layer-two rollup network Arbitrum One is beginning to see significant growth, with its total value locked (TVL) surging by roughly 2,300% this past week. According to L2beat, an analysis platform comparing layer-two protocols, Arbitrum’s TVL tagged an all-time high of $1.5 billion on Sept. 11 as DeFi degens rushed to invest in early farming

Bitcoin (BTC) is witnessing a tough tussle between the bulls and the bears near the 200-day simple moving average, which is considered as an important level by institutional investors attempting to decide whether the asset is bullish or bearish. Along with this, crypto investors are also watching the formation of a golden cross in Bitcoin.

Crypto analyst and trader Justin Bennett says one price level for Bitcoin could determine what happens to BTC the rest of the year. The closely followed strategist tells his 67,000 followers that he thinks a correction to the $40,000 range for Bitcoin seems logical, and that whatever happens after BTC hits that level could say

An Ethereum competitor is launching a $300 million fund to support decentralized finance (DeFi) innovation on its network. Blockchain company Algorand Foundation is putting 150 million ALGO, worth $309 million at time of writing, into the Viridis DeFi Program in an effort to fuel the growth of development on its platform.   Sean Lee, chief

Crypto market intelligence platform Santiment says the impact of this week’s cryptocurrency market crash on Bitcoin (BTC) and Ethereum (ETH) could go either way. The blockchain analytics firm says it has noticed both bullish and bearish signs. “I’ve seen some TA analysts set $38k as strong support. On the flip side, I’ve also seen a

The pandemic has put hundreds of thousands of businesses out of action, saw others fold and decimated great swathes of the economy.  But, crypto thrived in this distributed environment. As the world clamped down and everyone was forced to decentralize, the crypto world shone. Perhaps crypto, born of a crisis, is most at home in

Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost an NFT that was linked to the first ENS named rilxxlir.eth. ENS