All Your Ethereum Transactions Belong to Us, Claims the SEC

In a sudden however predictable overreach of authority, the U.S. Securities and Exchange Commission (SEC) has claimed jurisdiction over Ethereum, and all the transactions on its community. This in accordance to multiple sources inside the crypto Twittersphere, who’ve recognized a worrying clause in the legal case in opposition to prolific influencer Ian Balina. A clause … Read more

Ethereum Proof of Work Surges 30% After Binance Completes Distribution

Ethereum Proof-of-Work (ETHW) is buying and selling inside a short-term bearish sample and under two vital horizontal resistance ranges. After the Ethereum (ETH) Merge went stay, some miners determined to stay and assist the proof-of-work (PoW) consensus. This created a brand new fork and the launch of the ETHW mainnet. ETHW is a Layer 1 blockchain that preserves the pre-merge … Read more

Post Merge: Ethereum Investors Act With Caution (Report)

The Merge, one of many largest upgrades within the cryptocurrency business, was a sell-the-news occasion. While the long-anticipated transition didn’t gentle a fireplace underneath the Ether’s value, many specialists consider it could provide some sturdy tailwinds sooner or later. Nevertheless, traders are treading with warning. The figures come amid a comparatively low exercise week as … Read more

ETH Charts a Fresh Weekly Low in a Crash Below $1,300 (Ethereum Price Analysis)

After Ethereum’s swap to a proof-of-stake, the bears took management of the market. Investors have turned away from high-risk belongings like equities and cryptocurrencies. The ETH weekly candle closed at $1,334 yesterday, which is a new low. Technical Analysis By Grizzly The Daily Chart The worth is at the moment down 27% from the excessive … Read more

As Ethereum Enters the PoS Era, MEXC Becomes First Exchange to Open ETHW Deposits

[PRESS RELEASE – Please Read Disclaimer] At 06:43 (UTC) on Sept. 15, 2022, Ethereum accomplished its merge at the block top of 15,537,393 and formally switched to the proof-of-stake consensus mechanism. From then on, Ethereum bid farewell to the seven-year proof-of-work (PoW) mining period. At the similar time, Ethereum had formally laborious forked from Ethereum, … Read more

Ethereum (ETH) & Solana (SOL) Become Most Staked Crypto Assets

The market capitalization of all staked crypto belongings reaches nearly $95 billion, with ETH and SOL main the pack. Ethereum (ETH) takes the trophy for essentially the most staked crypto asset following the profitable Merge of the Beacon Chain consensus layer with the Ethereum execution layer on Sep. 15, 2022, information from StakingRewards.com reveals. The … Read more

Why Is Ethereum (ETH) Underperforming Bitcoin (BTC) Since The Merge?

The Ethereum (ETH) worth has fallen significantly since Sept. 11 nevertheless it has reached a confluence of help ranges which might provoke a rebound. After quite a few delays, the Ethereum merge lastly went reside on Sept. 15, remodeling the community to a proof-of-stake consensus. Now, earlier Ethereum miners have flocked to Ethereum Classic, drastically … Read more

Bitcoin once again slips below $20,000

Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after dropping $310 from its earlier shut. The world’s largest and best-known cryptocurrency is down 58.9% from the yr’s excessive of $48,234 on March 28. Ether , the coin linked to the ethereum blockchain community, dropped 3.2 % to $1,422.1 on Sunday, dropping … Read more

$400M in Liquidations as Ethereum (ETH) Slumps to 2-Month Lows

The whole worth of liquidated positions on a 24-hour scale is on the rise once more, touching $400 million. This comes as the whole crypto market has turned pink, with ETH main the way in which following a violent 10% each day drop. The value of Ethereum was already struggling following the long-anticipated Merge, as … Read more

Ethereum Proof-of-Work Suffers Replay Attack, Price Tanks 18%

Ethereum Proof-of-Work (PoW) community suffered a replay assault on September 18 as exploiters replayed a message from the Ethereum POS chain. According to BlockSec, which first found the assault, the exploit occurred as a result of the bridge didn’t appropriately confirm the precise chainID of the cross-chain message. 1/ Alert | BlockSec detected that exploiters … Read more