Category: Ethereum

Ethereum (ETH) isn’t likely to be threatened by other smart contract platforms, according to Joey Krug, the co-chief investment officer of digital asset investment firm Pantera Capital. In a new interview, Krug says that as long as ETH can successfully transition to proof-of-stake, other smart contract platforms will likely have to rely on Ethereum as

Cryptocurrency trader Lark Davis is expecting more massive gains from a layer-2 Ethereum (ETH) solution that’s coming off a breakout year. Davis tells his 479,000 YouTube subscribers that multi-chain scaling solution Polygon (MATIC) has a lot going for it as “the premier side-chain for Ethereum.” The trader is especially impressed with Polygon’s recent growth. “Of

Sports NFT minting platform and Animoca Brands subsidiary Lympo suffered from a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time of the hack. A short Medium update from the Lympo team stated that on Jan. 10 hackers managed to gain access to Lympo’s operational hot wallet and

LooksRare, a recently launched nonfungible token, or NFT, marketplace, says it wants to index all NFT collections on the Ethereum blockchain. The site went live on Monday with a token airdrop. #LooksRare NFT Marketplace Now Live! $LOOKS airdrop claim open⏰ Staking starts at block 13977012Trading reward calculations start tomorrow LFG! https://t.co/Y1jt9Kmqt6 — LooksRare – NFT

Bitcoin (BTC) dipped below the $40,000 level on Jan. 10 for the first time since September 2021. The crypto markets were not alone as the U.S. equity markets also witnessed strong selling when traders chose to reduce risk and piled into the 10-year Treasury yield which surged to 1.8% from 1.51% at the end of

Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands step in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility as bears finally steered the market back

The Ethereum layer 2 network Arbitrum has suffered its second outage in less than five months following a hardware failure. Arbitrum is back online at the time of writing but the team did report some downtime during the late hours of Jan. 9. The timing of the tweets suggests that the network was down for

Closely followed crypto analyst Justin Bennett is unveiling what he thinks is in store for Ethereum this January as ETH continues its downtrend. In a new strategy session, Bennett says that he’s looking to scoop up ETH around the $3,000 level, currently about 4% away from current prices. According to the crypto strategist, Ethereum must

Arthur Hayes, the former chief executive of crypto derivatives exchange BitMEX, is issuing a warning to investors, saying that all crypto assets apart from Bitcoin (BTC) and Ethereum (ETH) could see devastating losses. In a new article, Hayes says that if BTC and ETH dip below $30,000 and $2,000 respectively in the coming months, he’d

The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum (ETH) wallet. Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform.  hot wallet compromised? @lcx