Ethereum

The iris-scanning project, Worldcoin, has achieved a significant milestone with its mobile World App surpassing 4 million downloads, as stated in a blog post by the project’s team on November 1. If officially confirmed by Coingecko, this number would position World App as the sixth most downloaded software wallet on their list. The team, known

Renowned billionaire investor Stanley Druckenmiller recently expressed admiration for Bitcoin’s establishment of a strong brand identity over the past decade and a half. In an interview with hedge fund manager Paul Tudor Jones, Druckenmiller drew comparisons between Bitcoin and gold as a store of value. While he currently does not own any Bitcoin himself, Druckenmiller

The world of cryptocurrency has witnessed a surge in investment in recent years, with crypto exchange-traded products (ETPs) gaining significant traction. According to a recent report from CoinShares, ETPs experienced their largest weekly inflows in over a year, signaling a growing wave of optimism among investors. Surging Inflows and Their Significance During the week ending

Cryptocurrency infrastructure company Fireblocks recently discovered a critical vulnerability in the Ethereum ecosystem. The vulnerability, called ERC-4337 account abstraction vulnerability, was found in the smart contract wallet UniPass. Fireblocks worked with UniPass to address the vulnerability, which had affected hundreds of mainnet wallets. The vulnerability allowed potential attackers to execute a full account takeover of

The Web3 industry is on a mission to disrupt the World Wide Web, and one of its primary targets is social media. In a recent episode of Cointelegraph’s Hashing It Out, host Elisha Owusu Akyaw sits down with Ryan Li, co-founder of CyberConnect, to discuss the concept of decentralized social media. Li begins by shedding

In a surprising turn of events, wallets connected to bankrupt crypto firms Alameda Research and FTX have transferred more than $10 million worth of cryptocurrency to exchange deposit accounts. This sudden movement of funds has raised eyebrows and prompted speculation about the intentions and future plans of these firms. One plausible explanation for this transfer

Crypto exchange dYdX, widely recognized as one of the largest non-custodial cryptocurrency exchanges, has taken a critical step towards true decentralization. In an October 23 blog post, dYdX announced the release of the open source code for their new Cosmos-based network, marking a significant stride in their mission to decentralize their exchange operations. dYdX has

Cybersecurity analysts have recently uncovered a troubling trend in the world of blockchain technology – the emergence of a new attack vector known as “EtherHiding.” Contrary to what its name may suggest, EtherHiding has little to do with Ethereum itself. Instead, it is a method employed by nefarious actors to conceal malicious code within blockchain

Ethereum layer-2 scaling solutions Starknet and zkSync have shown growth in their total monthly active developer counts, bucking the downward trend seen in other platforms such as Ethereum, Polygon, and Solana, according to data from Electric Capital’s updated developer report. While Starknet and zkSync recorded increases of 3% and 6% respectively, Ethereum, Polygon, and Solana

In recent months, the Ethereum liquid staking derivatives finance (LSDFi) ecosystem has experienced an exponential surge in growth. This article explores the remarkable achievements and potential of LSDFi protocols, as more Ether (ETH) holders choose to stake rather than liquidate their assets. According to a recent report by CoinGecko, the LSDFi sector has grown by

Cryptocurrency enthusiasts have been closely monitoring the recent transactions of Ethereum co-founder Vitalik Buterin. In his most recent move, he transferred a staggering $14.9 million worth of USD Coin (USDC) to the renowned cryptocurrency exchange, Gemini. This significant transfer has raised eyebrows and sparked speculation about Buterin’s motives. In this article, we delve into the

Manta, a layer-2 blockchain network focusing on zero-knowledge (ZK) applications, has recently made a significant decision to migrate its software from OP Stack to Polygon CDK. This news comes as a surprise, considering Manta’s initial plans to be integrated into the upcoming Optimism Superchain. However, by joining the Polygon ecosystem, Manta is set to embark

The recent performance of Ethereum’s native token, Ether (ETH), has been less than stellar. It is currently trading at a 15-month low against Bitcoin (BTC), reaching its lowest point since Ethereum switched to proof-of-stake (PoS). This raises concerns about whether ETH will continue to weaken throughout the remainder of 2023. To gain a clearer understanding

Ether (ETH) price has experienced a significant 7% decline between October 6 and October 12, hitting a seven-month low at $1,520. While there was a slight rebound to $1,550 on October 13, it is evident that investor confidence and interest in Ethereum are waning, as indicated by multiple metrics. This decline does not bode well

In a recent blog post, the development team of Uniswap, the world’s largest decentralized crypto exchange by cumulative volume, announced the launch of its closed beta Android version of the mobile app. This move marks a significant expansion for Uniswap, as it was previously only available on PC and iOS devices. With over $1.7 trillion

Real estate-backed stablecoin USDR recently faced a significant setback as it lost its peg to the U.S. dollar. The project team behind USDR, Tangible protocol, revealed that a rush of redemptions caused a draining of liquid assets, particularly Dai (DAI), from its treasury. USDR, a decentralized finance project that seeks to tokenize housing and other

In a significant development for the stablecoin market, Circle has recently announced its integration of USD Coin (USDC) natively on the Ethereum layer-2 scaling protocol Polygon. By taking advantage of Polygon’s scaling capabilities, Circle aims to provide users and developers with seamless access to USDC without the need for bridging to other blockchains. This article

The journey of Ethereum’s native token, Ether (ETH), in 2023 has been marked by significant gains, with a rise of approximately 35% since the beginning of the year. However, despite its upward trajectory, Ethereum has encountered strong bearish rejections whenever it attempted to surpass the psychological resistance level of $2,000. This article delves into the

A recent report by JPMorgan has shed light on the rising concerns surrounding Ethereum staking in the wake of major network upgrades such as the Merge and Shanghai. While these upgrades have brought about several positive changes to the Ethereum network, they have also come at a cost. The report highlights two key issues: the

In a recent incident on October 5, the StarsArena Web3 app on the Avalanche network fell victim to a malicious attack, resulting in the loss of a significant amount of funds. The attack was brought to light by a user with the handle Lilitch.eth, who raised the alarm on X (formerly known as Twitter). According

In the world of blockchain, where transparency and security are key, the dark underbelly of cryptocurrency laundering continues to thrive. Recent investigations by blockchain analytics investigators have shed light on an individual who is allegedly involved in a cryptocurrency laundering operation. This article delves into the details of the operation, the methods used, and the

Decentralized social media platform Friend.tech, built on Coinbase’s layer-2 protocol Base, has recently experienced significant growth in terms of revenue and total value locked (TVL). Despite initial skepticism from critics and doubts about its sustainability, Friend.tech has defied expectations and emerged as a rising star in the Web3 space. Friend.tech, launched in August 2023, offers

A recent report by Spot On Chain has revealed unsettling information regarding an address linked to the FTX exploit. The address, identified as 0x3e9, has conducted transfers of over 10,000 Ether (ETH), amounting to approximately $17 million. These transfers were made to five different addresses, marking a significant increase in activity for these previously inactive

Global asset manager VanEck has pledged to donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to Ethereum core developers for a period of ten years. In a recent announcement on X (formerly Twitter) on Sept. 29, VanEck stated that it believes it is only fair for asset managers to return

Investment manager VanEck has recently unveiled its plans to launch an Ethereum futures exchange-traded fund (ETF), which is generating significant buzz among analysts and investors. The marketing campaign for the ETF has already begun, suggesting that the launch may happen sooner than expected. This article provides an overview of VanEck’s upcoming Ethereum futures ETF and

Analysts from Bloomberg predict that Ethereum futures exchange-traded funds (ETFs) could receive approval from the U.S. Securities and Exchange Commission (SEC) as early as next week. James Seyffart, an analyst at Bloomberg Intelligence, suggests that it is “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” This

The historic Merge upgrade in September 2022 marked a significant transition for Ethereum, shifting its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). While this upgrade brought about several improvements, it also led to a decline in compliance with the standards set by the Office of Foreign Assets Control (OFAC). This article explores the repercussions