Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on May 25 seven blocks from number 3,887,075 to 3,887,081 were knocked out of the Beacon Chain between 08:55:23 to 08:56:35 AM UTC. The term reorg refers to an event in
Ethereum
The community has endorsed Terra’s “Proposal 1623,” which outlines intentions to resurrect the collapsed Terra environment. Do Kwon, the Terra ecosystem’s founder, offered a resurrection plan on 16 May, one that included the establishment of a new blockchain and the issuance of fresh LUNA tokens. Kwon’s proposal received 65.55% of the total votes cast. Only
Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets. StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a four-fold increase in value just six months after its Series C round in November 2021. Tech investment
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Dogecoin saw a huge drop in the month of May after the $0.125 support level gave way to a 35% drop in prices within a few days for DOGE. The $0.11 level was also retested
One of the most popular Ethereum (ETH) clients, OpenEthereum has ended support for its software in preparation for the upcoming Ethereum Merge. OpenEthereum creates “clients” or software used to interact with the Ethereum network allowing anyone to create an Ethereum node to mine the cryptocurrency which is currently using a proof-of-work (PoW) consensus mechanism. In
The Tezos blockchain has enjoyed robust growth in network adoption and transactions in the last few months. Most of this growth is from the NFT market and it highlights one of the reasons why XTZ will likely be in the list of best performers in the next bull run. Tezos has so far secured its
Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it revisited its lowest levels of the past seven days. At the time of writing, BTC/USD
While you’re busy looking at Bitcoin, Ethereum, and other top cryptos, you might have forgotten about DeFi tokens that make it possible for audacious traders to bring their own DEXs to life. On that note, Loopring [LRC], the ERC-20 token and exchange protocol, has been seeing some curious metrics of late. Here’s what you need
Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for applicatio and protocol developers on Ethereum. For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. He tweeted on May 24 “Run
Chainlink has gained favorable attention from the crypto space for the potential its products present, but the same has disappointed investors who have made a $3.5 billion network. Chainlink goes one step forward, two steps back Chainlink’s integration with other chains has made the network one of the topmost chains in the crypto space. These
Once valued at $119 at its highest, Terra today has three zeroes after the decimal before a number appears. Trading at $0.0001902, LUNA has lost 100% of its value this month. But not too far away within the DeFi section of the cryptocurrency list sits another token that did leave its investors hopeless, although it
The mammoth crypto crash caused by the Terra (LUNA) fiasco left different opinions from various people in the crypto community. Binance boss ChangPeng Zhao (CZ) in a wide-ranging AMA on Reddit and answered a variety of questions. Thanks for all your questions. Answered as many as I could. Seems @reddit has taken the AMA thread
When choosing any blockchain for minting NFTs, such as Ethereum for NFT development, ensure the robustness of its smart contracts, check the blockchain’s fee structure, security measures and transaction speed, and assess the possibility of forking. In the cryptocurrency market, NFTs are a significant niche. They provide further exposure to cryptocurrencies for people who might
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since the formation of evening star candlesticks from its mid-April highs near the $0.79-level, XRP witnessed massive sell-offs. After piercing through crucial price points, the altcoin is now in a constant struggle to find
Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August. Hopefully. Preston Van Loon, a core developer of the Ethereum (ETH) network, told attendees at the Permissionless conference that the transition, known as the Merge, would occur sometime in August
One of the hardest things to explain in the cryptocurrency market is the plummeting price of a token despite steady increments in the number of wallets holding the token. According to the latest data from Cardano Blockchain Insights, the number of wallets on the Cardano Blockchain holding its native token, ADA grew by over 70,000
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