Joseph Lubin, the co-founder of Ethereum development team ConsenSys, teased the possibility of a MetaMask token during a Twitter exchange. MetaMask is a browser extension that enables access to the Ethereum ecosystem. It acts like a “lite wallet” for storing ERC-20 tokens allowing users to access services, including dApps, built on the Ethereum chain. In…
Ethereum (ETH) hit one week of negative issuance for the first time on Sunday, as effects of the network’s deflationary design came into full display. Since the London hardfork upgrade, which implemented the deflationary EIP-1559 proposal, the network burns a portion of fees each time an Ethereum transaction is done. Ethereum is deflationary “For the…
In order to gauge retail investors’ stock market knowledge, the online casino reviewer GamblersPick spoke to more than 1,000 people who have invested at least once. According to the survey results, respondents who owned cryptocurrencies scored significantly lower than investors who didn’t own any crypto. The results also revealed that 70% of digital investors have…
Ethereum temporarily traded above $4,400 this morning, breaching its previous all-time high of $4,390 before resistance saw it fall to the $4,313 level. ETH trades above its 34-period exponential moving average at press time and forms higher lows and higher highs, showing a bullish trend from the $3,000 level remains intact. Image: ETH/USD via TradingView….
A new survey by Finder.com found several financial strategists peg a price target of $5,000 for Ethereum, more than 100% of its current value. According to the forecast, fintech panelists have opined that the prices of Ethereum will continue to soar as 80% of applications are built on the Ethereum blockchain. The panelists have also…
Bondly Finance has announced the rollout of a cross-chain bridge to connect the Cardano and Ethereum blockchains. What’s more, the firm estimates the bridge will be ready by early 2022. Blockchain bridges are a solution to link previously siloed chains. By enabling different blockchains to work together, developers can build on each other’s protocols and…
Nervos today announced that the Force Bridge is now live on the mainnet. The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the various challenges facing blockchains like Bitcoin and Ethereum today. The Force Bridge is currently connected to Ethereum through a cross-chain bridge and will be connected to…
During a recent interview, Ethereum co-founder Vitalik Buterin shared his views on how he would have gone about launching Bitcoin. Surprisingly, Buterin said even though Proof-of-Stake (PoS) has its advantages, especially regarding environmental impact, he thinks Satoshi Nakamoto’s decision to go with Proof-of-Work (PoW) was the right thing to do at the time. But given…
Wormhole, the interoperability protocol that facilitates any type of data to be passed between different networks, announced the addition of Binance Smart Chain (BSC) support to its already existing ETH <> SOL token and NFT bridge. Now, with more than $200 million in total value locked (TVL) in the protocol from its Solana and Ethereum…
Last week, Ethereum devs Tim Beiko and James Hancock posted proposal 4345 to delay the difficulty time bomb until May 2022. The difficulty time bomb refers to a process that would make Ethereum mining increasingly harder to do. The idea is to arrive at a point where mining is no longer profitable. When that happens,…