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” Eth2 deposit contract now holds 10% of the circulating ETH supply “ The deposit contract for staking Ethereum (ETH) on the Beacon Chain reached a balance of 12 million ETH on Friday. The total locked value of Ether in the Eth2 contract is worth about $34.5 billion. The deposit contract was launched in November…
” The NFT sector is projected to move around $800 billion over next 2 years: Report “ Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over…
” ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction “ The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as the APE token hit a new all-time high at $22.60 on April 28….
” “DeFi is not decentralized at all,” says former Blockstream executive “ Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an effective monetary network because of their lack of decentralization. As Mow pointed out, DeFi…
” Ethereum strives to migrate into a brighter future: Report “ Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent Cointelegraph research report asks if Ethereum is still on track to defend its crown as the prime network backing the decentralized finance world. The report cuts through popular misconceptions investors…
” Berlin-based football app enters the metaverse following $300M fundraiser “ OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint…
” Price analysis 4/27: BTC, ETH, BNB, XRP, SOL, LUNA, ADA, AVAX, DOGE, DOT “ The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses…
” Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement “ Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. …
” Two more charged with teaching North Koreans to evade US sanctions with crypto “ Two European citizens have been charged by a United States district court in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to the U.S. Department of Justice, the court documents…
” Here’s why the growth of token staking could be bullish for Lido (LDO) “ Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result,…