Did a group of hackers really breach a cryptocurrency exchange’s hot wallets only to burn millions of dollars of Ethereum as ransom? If that scheme sounds far fetched, well, that’s because it just might be, according to analysis by the ZenGo cryptocurrency wallet. According to a blog post authored by ZenGo researcher Alex Manuskin, a spate of transactions Read more…
It looks like more than $2 million worth of ETH will go unclaimed. After waiting four days, Austria-based blockchain innovation company Bitfly will distribute the proceeds of an Ethereum transaction sent with a fee of more than $2.4 million. The transmission was one of a pair of transactions broadcast last week spending a total Read more…
Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. Read more…
The story of the $5 million Ethereum transaction fee may have finally been solved. According to PeckShield, this incident has all the markings of an exchange that lost control of its private key and is being blackmailed. Theories Around the Ethereum Transactions Two transactions with a combined $5 million in fees have Read more…
An unknown person has paid approximately $2.5 million just to transfer a token of $133. The information available on Etherscan shows that the someone, more than an 2 hours ago, transferred 0.55 Ether ($133.85) with a transaction fee of 10,668.73185 Ether ($2,596,342.58). The man, with an address starting with 0xcDd6a2b9DD*****, Read more…
The number of Ethereum addresses just crossed 100 million. Even when slicing that number up to account for actual activity, all metrics point to accelerating growth and adoption that’s beating even early Internet use. This is relevant for DeFi, because what’s the use of rebuilding the financial system if no-one is Read more…
The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive Read more…
Forsage – the world’s first 100% decentralized smart contract. It is based on the particular features of the Ethereum cryptocurrency and it enables you to earn a long term residual income just by reffering this to 3 other people and asking them to do the same as you. We really need Read more…
All of them are in style and promising projects that, in accordance with analysts, can shoot at any time. Ethereum is a software system which is part of a decentralised system that means it isn’t controlled by any single entity. The platform was founded in 2014 by Vitalik Buterin and Read more…
Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the most popular off-chain protocols that use bitcoin (the currency, with a small “b”) run Read more…