Ethereum PoS testnet Kiln launched, merged and kickin’

When merge? This question is being asked with increased frequency and intensity as the developers of the Ethereum clients and testnets are getting closer to The Merge by the day. To this point, the testnet Kiln was launched just two days ago, and developers have now successfully completed a transition from the proof-of-work consensus mechanism…

Bitcoin on Coinbase declined 36% since all-time-high, here’s what could come next

Are we in for a crash like the one hitting the crypto market two years ago? There’s certainly no shortage of storm clouds on the horizon. The uncertainty associated with the many macro- and geopolitical risks has weakened shorter-term on-chain accumulation trends since January, according to on-chain analysts Glassnode. To read the rest of this…

Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows 

After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows…

Gas fees: Ethereum is now cheaper than Polygon

Who would have guessed Ethereum gas fees would ever be cheap again? Sometimes the past week, gas fees have been as low as just 10 gwei per gas unit even for high-priority transactions. As one gwei is one-billionth of an eth, this means a transaction on Ethereum (ETH) mainchain can be as affordable as 50…

Multi-chain instant swap platform Symbiosis announces beta mainnet launch

Symbiosis Finance is a multi-chain AMM DEX and liquidity protocol that allows users to perform any crypto token swap. After a long period of testing, Symbiosis announced its beta mainnet launch which enables instant swaps with no need for special software–leveraging a simple solution for moving liquidity across different chains. The core of the Symbiosis…

Kava adds EVM support to the network with Ethereum co-chain alpha launch

Kava recently announced a successful Ethereum co-chain alpha launch that added EVM developer support to the network. The open-source Layer 1 blockchain launched strongly in 2019 by winning the Binance Launchpad Project of the Year Award for its potential to stir up the blockchain industry. Over 15 protocols will be deploying to the closed testnet…

Ethereum investment funds record largest inflows in 13 weeks

Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets.  Bitcoin attracts $95…

Bitcoin price consolidates while daily active addresses see strong growth

Bitcoin prices have traded within a volatile consolidation range this week, opening at a weekly low of $37,333, rallying to a high of $45,039, and then giving back the majority of the gains, trading at $38,900 at press time. According to data analysts Glassnode’s weekly newsletter, as the global macro and geopolitical stage, the war…

Brave browser to give away Bored Ape Yacht Club NFT

The team behind Brave, the privacy- and crypto-friendly web browser, has been developing the browser’s wallet feature for quite some time. The Brave Wallet is now live on both desktop and mobile platforms. Brave Wallet is built into the browser itself and does not require installation of a browser plug-in, as do other wallets like…