Browsing Category
Ethereum
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by…
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an…
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet…
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per…
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However,…
Reddit Reportedly Testing NFT Profile Pic Functionality
Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of…
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion…
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST)…
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion…
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to…
