Ethereum ICO-era whale address transfer 145,000 ETH weeks before the Merge

Ethereum ICO-era whale address transfer 145,000 ETH weeks before the Merge

An Ethereum (ETH) whale wallet that participated in the Genesis Initial Coin Offering (ICO) and obtained about 150,000 ETH  in 2014 was activated again on Aug. 14 after three years of dormancy.... Read more »
Top 5 misconceptions about the anticipated Ethereum upgrade

Top 5 misconceptions about the anticipated Ethereum upgrade

The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and Beacon Chain — has unknowingly spurred rumors across the community. Termed the... Read more »
The Ethereum Merge on Course After the Goerli Test Merge Was Successfully Completed

The Ethereum Merge on Course After the Goerli Test Merge Was Successfully Completed

With the Goerli merger completed successfully, there is rising optimism that the Ethereum Merge scheduled for mid-September will not be delayed further. Goerli was the last surviving testnet to undergo the Merge,... Read more »
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3.5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions. MakerDAO is considering... Read more »
Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally

Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally

Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin retracement... Read more »
U.S. Treasury Gives Sanctions to USDC and Eth Addresses Linked to Tornado Cash

U.S. Treasury Gives Sanctions to USDC and Eth Addresses Linked to Tornado Cash

The protocol was at the heart of recent decentralized finance hacks and exploits, notably the reported theft of $455 million by the North Korea-affiliated Lazarus Group. The U.S. Treasury Department has placed... Read more »
Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022

Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022

Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services such as a decentralized exchange (DEX) in... Read more »
Ethereum price rises by 50% against Bitcoin in one month — but there's a catch

Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch

Ether (ETH), Ethereum’s native token, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily... Read more »
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “tentative”... Read more »
DeFi Sybil attack created $7.5B fake TVL on Solana from 'anon' developers

DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers

An investigation led by CoinDesk has revealed that two brothers — Ian Macalinao and Dylan Macalinao — used pseudonymous developer profiles to inflate the TVL on Solana by $7.5 billion. Sybil Attacks... Read more »