Ethereum

Ukraine is switching from fiat to crypto transactions as the Russian invasion gradually strangles the country's financial stability. While cash use declines and fiat availability drops, Ukrainians turn to BTC, Ether, and USDT to transfer assets. Furthermore, crypto donations are landing in their wallets from worldwide users as a sign of solidarity. The question is, how much will crypto influence Ukraine's resistance? Restrictions on Cash Use in Ukraine Soon after Russia invaded Ukraine, the latter’s president, Volodymyr Zelenskyy, instated the…

Cryptocurrency advocates, including Ethereum founder Vitalik Buterin, are calling out Canadian authorities for seizing crypto amid the ongoing "Freedom Convoy." Canada is facing massive protests against the government's COVID 19 policies and vaccine mandates. While mostly peaceful, the protests included blocking roads and honking truck horns to cause a disturbance. Still, protesters have received a lot of support, both at home and abroad. This includes a sizable sum in donations, including in crypto. That is something that the government wants to…

NFTs are now becoming popular and more lucrative with their growing demand. It shows how rapidly the world is moving and endorsing blockchain technology. Notably, the investment sector is keen on putting money into these innovations and durational returns to their except. However, with so many NFTs coming in daily, you might wonder which one to choose. To help you out, we will discuss the top NFT projects you should know about. These NFTs are on blockchain technology, ensuring your…

Ethereum layer-2 solution, Optimism, fixed a major flaw that would have permitted an illegal and continuous creation of ETH tokens.  According to sources, Optimism might have just solved a significant system vulnerability issue. The potential glitch got the attention of developers at Ethereum through an Ethical Hacker, Jay Freeman, who discovered flaws in the code and saved the network from significant theft risks.  The bug, now curtailed, was reportedly triggered by an Etherscan employee. Had the issue not been promptly…

TMX Group, Canada’s largest stock market operator, is gearing up to roll out its first crypto futures product. A report unveiled this news on February 8, citing the company’s CEO, John McKenzie. Per McKenzie, TMX is in response to institutional investors’ desires to mitigate the risks of trading in crypto. Reportedly, TMX seeks to drop its new product before the end of the year. The product will go live on the Montreal Exchange. While this will be the firm’s first…

The oldest and the most significant crypto, Bitcoin, rose for the fifth day in a row - the longest streak since September. The crypto markets are edging up as investors re-embrace risk assets. As a result, tech stocks are up, and so are the major cryptocurrencies. So much so that the total crypto market cap reclaimed $2 trillion in valuation. Bitcoin gained as much as 5.4% in valuation, reaching $43,600. Most other significant cryptos were up as well, as crypto…

Security, interoperability, and scalability are arguably the biggest challenges in today's crypto scene. The last one is particularly sensitive since it concerns retail investors and businesses. Also, it is one of the last barriers separating us from mass crypto adoption. Nevertheless, a big challenge generally comes with an even more significant investment opportunity. Today, we will analyze the industry's state of affairs from the angle of scalability. Ethereum’s Show Few will argue that Ethereum stole the show during the first…

The founder of Ethereum, Vitalik Buterin, proposed a solution to reduce the cost of transaction fees on Ethereum’s Blockchain.  Lower-transaction fee proposals have coincided with Ethereum rallies and contributed to positive investor sentiments.   In a Twitter thread on Saturday, Vitalik suggested new techniques for handling data transfer over the network, which could reduce the cost of processing transactions. Additionally, Vitalik talked about an update on Ethereum Layer 2, which involves “blob-carrying transactions.” Also, he speculated that the modifications would significantly…

Although a non-profit organization, the Ethereum Foundation appears to have a good insight into generating money. After a significant drop in prices in the crypto market, some wondered if such a decline was foreseeable. The answer appears to be yes, as the Ethereum Foundation has managed to sell ETH at the market peak. But, of course, every investor's dream is to guess the optimal moments of opening and closing a trade perfectly. This article will provide more information about the…