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“# Ethereum price moves toward $3K, but pro traders choose not to add leverage ” Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum’s…
“# Ethereum futures premium hits a 7-month low as ETH tests the $2,400 support ” Ether (ETH) reached a $3,280 local high on Feb. 10, marking a 51.5% recovery from the $2,160 cycle low on Jan. 24. That price was the lowest in six months, and it partially explains why derivatives traders’ main sentiment gauge…
“# Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized ” The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more…
“# OpenSea disables features temporarily as contract migration completes ” The week-long period that OpenSea gave users to migrate their nonfungible token (NFT) listings ends today. Following the deadline, the platform announced that some features on the site may not be available temporarily due to the migration. On Feb. 19, OpenSea pushed a new smart…
“# Avalanche price rallies 20% after report reveals $25M inflows into AVAX investment vehicles ” Avalanche (AVAX) rallied by around 20% in the last two days as a new report revealed millions of dollars flowing into AVAX-based investment products. Penned by CoinShares, an institutional crypto fund manager, the report highlighted that Avalanche-based investment vehicles attracted…
“# Multichain recovers $2.6M stolen funds, to reimburse losses on condition ” After a month-long fight against an ongoing exploit, cross-chain router protocol Multichain announced the recovery of nearly 50% of the total stolen funds, worth nearly $2.6 million of cryptocurrencies. The team has also released a compensation plan to reimburse the users’ losses. On…
“# OpenSea smart contract upgrade to delist inactive NFTs on Ethereum ” OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to…
“# CryptoPunks community reacts to the ongoing copyright battle between v1 and v2 ” During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks’ buyers to withdraw their Ether (ETH) post-purchase. As a result, creator Larva…
“# Indian couple celebrates blockchain wedding with NFT vows, digital priest ” A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram decided to take their court marriage to the…
“# Battle for authenticity heats up in world’s most popular NFT collection ” In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks V2 and, initially, CryptoPunks V1 nonfungible tokens (NFT) collections, announced he would be “taking appropriate steps” in the following days regarding…