What are Coin Mixers? – A Complete Beginner’s Guide
Last August, the US Treasury sanctioned the Ethereum coin mixer Tornado Cash and banned Americans from accessing it. But what do platforms like Tornado Cash do, and why would any Continue Reading →
Category: Ethereum (ETH)
SEC Summons SushiSwap as DEX Submits Legal Defense Fund Proposal to Sushi DAO
Sushi, the developer of Ethereum-based decentralized exchange (DEX) SushiSwap, revealed on Tuesday that it had been subpoenaed by the Securities and Exchange Commission (SEC), suggesting it could face regulatory enforcement Continue Reading →
What is MetaMask? – How to Use the Leading Ethereum Wallet
MetaMask is a top crypto wallet that serves as a gateway to the world of decentralized finance (DeFi) and Web3. Here is how the wallet works. What’s MetaMask? MetaMask is Continue Reading →
66k ETH Incinerated in Transaction Fee Alleviation
In a groundbreaking development for the cryptocurrency world, Ethereum’s supply has been slashed by a whopping 66,000 ETH, marking a significant milestone in the crypto space. The announcement was made Continue Reading →
Ethereum Founder Advocates for Self-Custody – Endorses Use of Social Recovery and Multi-Sig Wallets
On Friday, Ethereum founder Vitalik Buterin took to Twitter to tout the benefits that come with using social recovery and muti-sig wallets for the self-custody of cryptocurrencies. According to Buterin, Continue Reading →
Euler Finance Attacker Launders Stolen Funds Through Tornado Cash
The latest exploit on borrowing and lending protocol Euler Finance is still making headlines in the DeFi space. The March 13 attack saw the firm lose over $197 million in Continue Reading →
Arbitrum Foundation to Launch ARB Token: Ethereum’s Scalability Solution
The launch of the Arbitrum Foundation’s new token, which will trade under the ticker ARB starting on March 23, has been revealed. Holders of the ARB token will be able Continue Reading →
Ethereum Moves a Step Closer to Staked ETH Withdrawals Following a Successful Testnet Launch
On Tuesday, Ethereum developers successfully launched the Goerli testnet, an extensive dress rehearsal of the network’s Shanghai Upgrade set to happen in April. Even though there was a small issue Continue Reading →
Crypto Market Update: BTC and ETH Fall, XDC and LEO Show Potential
BTC/USD The Bitcoin (BTC) market has been cooling in the previous 24 hours, with the price dropping to a 24-hour low of $24,135.47 owing to rising negative sentiment. This negative Continue Reading →
Crypto market Rallies Amid FDIC Banking Intervention
The market capitalization of all cryptocurrencies went above $1 trillion on Monday morning as the market turned green following a joint statement issued by the US Treasury, the Federal Reserve, Continue Reading →
DeFiLlama Introduces A New Router For Uniswap v3
A DeFi-focused data analytics company, “DeFiLlama,” has introduced LlamaZip (a router developed for Uniswap v3 on Ethereum layer-2 named Optimism. A tweet was recently shared by the team on the Continue Reading →
Differences Between DeFi And Web3 Explained In Detail
DeFi (short for “decentralized finance”) is a new financial system that uses blockchain technology to create a more secure and transparent system. It allows people to borrow money from others Continue Reading →
A Federal Jury Indicts Founders Behind $340M Decentralized Finance Ponzi Scheme
The people responsible for establishing a DeFi investment forum named Forsage have been accused of organizing a worldwide Ponzi scheme of up to $340M. 4 Russian founders, including Sergey Maslakov, Continue Reading →
What Is Bitcoin Loophole?
In the past few years, blockchain technology initiated a peer-to-peer electronic cash system that became the guide for the remaining digital assets in the crypto space. The masses are largely Continue Reading →
USD Coin (USDC) Stablecoin – A Complete Guide For Beginners
USD Coin is a stablecoin that is backed by U.S. dollars. It is intended to provide a stable value for digital transactions and to help reduce volatility in the cryptocurrency Continue Reading →
Laser Digital Announces An Investment In Decentralized Finance Protocol Infinity Exchange
Laser Digital, which is known as the crypto sub-branch of Nomura (a Japan-based giant in financial services), invested in a decentralized finance project for institutional borrowing and lending. The investment Continue Reading →
What is Wrapped XRP? – A Complete wXRP Guide For Beginners
The local currency of the Ripple network is known as XRP. Ripple is a payment system based on blockchain technology and operates worldwide, offering crypto solutions to its customers. The Continue Reading →
What Is ShibaSwap? – A Complete Guide For Beginners
ShibaSwap is an exchange platform that is decentralized and aims to expand the usefulness of the ecosystem of the SHIB token. The platform allows users to trade tokens and other Continue Reading →
DappRadar Report: DeFi Protocols Witnessed Massive Growth Last Month
In the 1st month of 2023, the decentralized finance protocols went through an elevation in terms of total value locked throughout diverse staking pools. The respective market saw a $74.6B Continue Reading →
How Does Browser-based Crypto Mining Work? – A Complete Guide For Beginners
When you verify a transaction and then add it to a blockchain in order to create new units of that cryptocurrency, then this process is known as crypto mining. Miners Continue Reading →
What Is Bitcoin DeFi Ecosystem?
The term “DeFi” stands for decentralized finance. It refers to the use of blockchain technology to create financial applications and services that are decentralized and run on a network of Continue Reading →
CertiK: DeFi Exploits In Dec 2022 Were the Lowest
The denouement of 2022 witnessed the most decreased worth of funds being stolen from the DeFi sector. In December, just $62M value was drained in the exploits. Though this figure Continue Reading →
What Is Humanode? – All You Need To Know About This Blockchain
In recent years, the evolution of blockchain technology managed to cross many boundaries and looks to conquer more regions as time goes on. Due to its excellent security and transparency Continue Reading →
Lido Finance Becomes The Biggest Decentralized Finance Protocol
Lido Finance has pushed back MakerDAO to become the largest DeFi protocol operating in the crypto industry with a total value locked (TVL) of up to $5.9 billion on its Continue Reading →
What Is DeFi 2.0?
Decentralized finance, commonly known as DeFi, is one of the most successful and influential creations of the innovations made by blockchain networks in the crypto industry. The blockchain network consists Continue Reading →
