Ethereum News

OpenSea bug appears to have destroyed nearly $100K in NFTs

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...

Is Solana an ‘Ethereum killer?’

Solana has been a trending topic due to the successive weeks of price increases seen by its SOL token. At the time of writing, SOL traded at around $207, which is an 11,400% surge from less than $2 back in January....

Is Solana an ‘Ethereum killer?’

Solana has been a trending altcoin due to the successive weeks of price increases. At the time of writing, Solana traded at around $207, which is an 11,400% surge from less than two dollars back in January. At its present worth,...

Hunting down Satoshi’s Bitcoin – Cointelegraph Magazine

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is a figure surrounded by mystery, and this intrigue continues today despite many aspects of the founder’s influence being studied at length. A particular point of interest has been a large amount of unmoved Bitcoin mined in...

Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered

Industry experts see Tuesday’s crypto market plunge as a “false dip” while reiterating the $100,000 Bitcoin (BTC) price for the end of the year. In a new report by Standard Chartered’s cryptocurrency research unit, Bitcoin is predicted to hit $100,000 “in late...

Ethereum layer-twos reportedly processing more transactions than BTC

Layer-two scaling protocols for Ethereum have surged in adoption in recent months as gas prices climb again, and the L2 ecosystem is now processing more daily transactions than the Bitcoin network according to recent findings.According to CoinMetrics data collated by industry...

Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin

Ethereum’s native asset, Ether (ETH), has extended its rally on Wednesday to log multi-month highs against Bitcoin (BTC) and the United States dollar.The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for...

Offchain Labs launches Arbitrum One mainnet, secures $120M in funding

Offchain Labs, the team behind the highly anticipated Ethereum layer two platform, Arbitrum One, has completed the public mainnet launch of its optimistic rollups solution.Announced on Aug. 31, Offchain Labs also revealed that it has secured $120 million in a Series...

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Is Solana an ‘Ethereum killer?’

Solana has been a trending topic due to the successive weeks of price increases seen by its SOL token. At the time of writing, SOL traded...

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The major Ethereum support area is $1,800 but weaker than Bitcoin‘s — analyst

The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high...

US defense contractor Simba Chain raises $25 million to boost NFT efforts

The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap...

‘DeFi Education Fund’ defends controversial $10.2M UNI liquidation

The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has...

Why Elon Musk’s plan for scaling crypto 10x is ‘fundamentally flawed’

Ethereum co-founder Vitalik Buterin has posted a lengthy paper on the limits to blockchain scalability, criticizing claims made by Tesla CEO Elon Musk.The article, published on...

6 Questions for Wes Levitt of Theta Labs – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers...

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Is Solana an ‘Ethereum killer?’

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OpenSea bug appears to have destroyed nearly $100K in NFTs

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...

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Poly Network hacker returns less than 1% of the $600M theft

These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks....

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Banking system consumes two times more energy than Bitcoin: research

Amid the ongoing concerns over Bitcoin's (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the...

Bitcoin needs to hold $50K to avoid a $44K bearish BTC price target

Bitcoin (BTC) could jump to $58,000 or dive to $44,000 from its current levels, an analyst warns as $50,000 sees a “very healthy retest.”Hedging...