Ethereum

Roughly a month after getting exploited for the second time this year, Cream Finance has reported that it has recovered more than $16 million of the funds. CryptoPotato reported on August 31st this year when the decentralized finance protocol Cream Finance suffered another security breach – this time, roughly $25 million in ETH and AMP...Read More

With the start of October, Ethereum investors have multiple reasons to cheer for. The digital asset has been sailing the high tides for quite some time now. The crackdown, crisis, and delay in upgrades have let down enthusiasts in the space. However, the top-tier altcoin seems to be back on the move. With several institutional...Read More

The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly...Read More

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed. Texas and Wisconsin Rank First The London-based polling firm Redfield &...Read More

The popular decentralized cryptocurrency exchange aggregator, 1inch Network, will be expanding to Arbitrum. In a press release shared with CryptoPotato, the team revealed that the move is aimed at lowering transaction costs and improving throughput and withdrawal speeds. Arbitrum is an Ethereum scaling solution built using Optimistic Rollups, and it allows developers to cross-compile contracts for running...Read More

The major Brazilian bank – BTG Pactual – will enable its customers to trade digital assets directly through a new platform called Mynt. The offering will be available from the next quarter and will include the two leading cryptocurrencies – bitcoin and ether. The New Crypto Opportunity According to a local report, the initiative, which...Read More

Following the implementation of the long-anticipated Ethereum’s London hard fork on August 5, 2021, fresh data shows that more than a billion dollars worth of ETH has become unusable through a burn mechanism. Over 300k ETH Burned According to Dune Analytics, a total of 303,681.05 Ether, which is worth $1.032 billion at the time of...Read More

In an announcement on Sept. 15, AMC Chief Executive Adam Aron said the firm would be expanding the number of cryptocurrencies it would accept as payment methods. The entertainment giant originally announced that it would accept Bitcoin payments on Aug. 9. Aron stated that by the time BTC payments are rolled out before the end...Read More

It goes without saying that this has been one of the most important and also exciting weeks for Bitcoin, in general. The reason for which it was important is that El Salvador officially became the very first country in the world to formally recognize Bitcoin as a legal tender. In other words, no one is...Read More

In a recent report, Standard Chartered predicted that Ethereum’s (ETH) price would rise to $26,000-$35,000 as the altcoin’s market capitalization will eventually catch up to Bitcoin’s. Depending on the deflationary impact of Ethereum’s EIP-1559 update, a $35,000 ETH might give it a market cap of around $4 trillion.  The bank notes that the estimate is...Read More

In a recent report published by English bank Standard Chartered, analysts structurally value Ethereum at “USD 26,000- 35,000” while also predicting that Bitcoin will reach 170k. Standard Chartered: Why ETH beats Bitcoin for Investment The financial service giant’s report, titled “Ethereum Investor Guide,” explains the network’s value proposition while comparing and contrasting it with the...Read More

According to a recent survey, around three-quarters of Russian investors consider cryptocurrencies a better investment tool than gold. Less than 9% opined that the precious metal is superior, while 14% believe “familiar national currencies” are the best choice. Russians Prefer Crypto Than Gold The residents of the largest country by landmass seem to have a...Read More

Bitcoin Price Prediction As weekend approaches, Bitcoin and Ethereum are fueled to hit higher. The flagship crypto, only the fourth time in the previous four months surpassed $50,000. Bitcoin has been trading at its highest intraday level since August 23, 2021, when it touched $50,913. At the time of writing, BTC is trading at $50,435...Read More

As the cryptocurrency market continues to grow, being a multi-trillion dollar industry, it keeps garnering the attention of famous individuals. Earlier today, popular actress and entrepreneur Reese Witherspoon outlined his first ETH purchase, while Paris Hilton showcased her support for BTC. Reese Witherspoon Buys Some ETH Born in New Orleans, Louisiana, Laura Jeanne Reese Witherspoon...Read More

There has been no official confirmation yet, but industry observer going by the Twitter pseudonym ‘croissant’ has been connecting the dots for their 53,400 followers. News that GameSpot was developing an NFT platform originally broke in late May when the company stated that it was “officially getting into NFTs.” It launched a website at the...Read More