Following the reclamation in the cryptocurrency markets in the outgone month, July, cryptocurrencies are embarking on a bullish trend movement. Ethereum Gathering Momentum For A Strong Rebound The leading cryptocurrency by market options, Ethereum, has been predicted to be gathering momentum for a strong rebound in the markets. Ethereum charts and analysis have shown a…
Meta platforms had a poor outing in the second quarter of this year. It is the first time since its inception that the social media behemoth saw a massive income drop. Recent Reality Labs Loss The company published an announcement Thursday where it stated that its Reality Labs saw a quarterly loss of $2.81 billion….
Every transaction (buying, selling, transferring) on a cryptocurrency network includes execution fees. However, the gas fee charged on each cryptocurrency differs; some may be higher or lower. Giant cryptocurrency ETH is one of the cryptocurrencies with the highest gas fee charges. This high fee charge is owing to the high transactions and activities on its…
Steve Bassi stated that awareness about cyber security is being shortened by excessive data research. He also stated that for the progress of cybersecurity, blockchain needs to be infused into the space. The Need to Leverage Blockchain in Cybersecurity The blockchain space is progressing daily, but cybersecurity is a very important factor for the safety…
High-level phishing has occurred on Uniswap v3 protocol. The campaign which targeted the liquidity provider saw the hackers make away with Ethereum. The minimum worth of the assets as of the time of reporting was put at $4.7 million. Uncertain Degree of Loss Uniswap community is saying the loss might be more. A security researcher…
Large-scale Shiba Inu holders and the whales generally are marching hard again. IntoTheBlock reported that large-sum transactions have jumped on Shiba Inu’s network. The report says it went up by 85% within the last day. Whales Swung into Full Control A transaction on the Shiba Inu network is usually over $100,000. Large transaction increases are,…
All projects initially on the collapsed Terra ecosystem are collaborating to aid each other’s move. Their next destination is to land on Polygon’s layer-two network and operate from there. An Inevitable Exodus There are over 48 various crypto projects that were based on the failed Terra network. Their newly found resurgence to move to Polygon…
Lawyers in the lawsuit against Solana claim that its native token is a centralized asset. They further say it is riddled with insider trading to the disadvantage of retailers. Too Strong Allegations Solana labs have become the most recent crypto firm to be entangled in a lawsuit. The lawyers went ahead to say it is…
Last year, Israel’s central bank carried out a CBDC research to embrace the digital economy. The research for the digital Shekel lasted for over a year. However, the Bank of Israel (BOI) is not ready to issue the digital Shekel. Meanwhile, the BOI has stated that the supervision of smart contracts should be under its…
A Twelve-Month Analysis Decentralized Autonomous Organizations have drastically gained numerical strength in the last twelve months. Their participation rate has equally improved in unprecedented ways in the same period of time. Nevertheless, it doesn’t look like decentralized governance is catching up with the trend. Like DAOs, the number of proposals relating to governance has also…
New Funding for a Prosperous Future Solana, through its venture and foundation arms, has set up a hundred million dollar fund to support South Korean projects. The target of the fund includes projects in DeFi, blockchain games, and NFTs. Further to supporting projects based on the Solana network, the fund will also aid some Terra…
Cardano has prolonged its latest bullish rally. The increased volume of NFT trades on its blockchain and better crypto market sentiment aided it. ADA’s price improved by 14% within 24 hours to stay at $0.624. That brings its profits over the last week to almost 22%. The asset really gapped its closest rivals in the…
