Ethereum (ETH) miner balances continue increasing, as the metric reached a 50-month high, according to a behavior analysis platform Santiment. The on-chain and social metrics analysis provider pointed out that the amount of Ethereum held by miners reached the highest level since July 2016. Miners hoarding almost $2 billion worth of ETH The amount of…
According to data analysis firm Messari, Ethereum settled $6.2 trillion over the last twelve months. More impressive is that this figure is up over 350% compared to the previous twelve-month period. Source: @RyanWatkins_ on Twitter.com Messari Researcher Ryan Watkins signed off the tweet saying, “[it’s] probably nothing.” “In the past 12 months Ethereum settled $6.2…
The miner who received over seven thousand Ethereum as an incorrectly paid transaction fee has returned (most of) the funds. In a tweet, decentralized crypto exchange wallet app DeversiFi thanked the miner at the heart of the storm for returning the money following Bitfinex’s embarrassing blunder. While some say the miner is a fool for…
Ethereum competitor Solana kicks off ‘hackathon’ with $1 million in prizes The Solana Foundation, a non-profit organization dedicated to supporting and growing the high-speed blockchain today announced it will be launching a global hackathon focused on Web3, DeFi, and NFT solutions. 2 min read →
VeVe, the largest mobile-first digital collectibles platform, has partnered with leading entertainment company Metro Goldwyn Mayer Studios (MGM) to launch a series of NFTs from the iconic James Bond franchise, more specifically, the first-ever digital collectibles for the upcoming film “No Time To Die.” Very excited to welcome @007 to VeVe for a series of…
FORTUNE and digital artist pplpleasr have announced the FORTUNE Journalism PleasrFund, a decentralized donor-advised fund run entirely on the Ethereum blockchain through Endaoment. The PleasrFund is dedicated to advancing independent investigative journalism and programs that foster interest in sound reporting and journalistic integrity. Donations in Ethereum The fund was initially seeded by a contribution of…
While the Bitcoin or Ethereum debate rages on between early investors and maxis, London-based bank Standard Chartered already seems to have picked a side. The bank, in a recent research note, said Ethereum could outperform Bitcoin over the next few years, even stating it ‘structurally’ values the world’s second-largest cryptocurrency by market cap at over…
The Chair of the Financial Conduct Authority (FCA), Charles Randell, singled out Kim Kardashian for her role in promoting Ethereum knock-off EthereumMax (EMAX). In this respect, Randell admitted the FCA’s reach only extends to “registering UK-based cryptoasset exchanges for anti-money laundering purposes.” As such, Randell is calling for greater regulatory powers to deal with all…
In an elaborate hoax this week, NFT collector Panksy ended up buying a fake Banksy NFT for £244,000, which would be considered a bargain in the world of NFTs these days. Although nearly all of the money was returned to the buyer, this incident alone highlights some of the ways NFTs are exposed to security…
Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show. The EIP-1559, an upgrade designed to improve pricing mechanisms by including a fixed-per-block network fee that is burned, went live last month and has…