Category: ETH

Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens

Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens

On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top of the Rinkeby testnet and will migrate to the Ethereum mainnet after testing […]

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Besides Bitcoin, Elon Musk holds Ether and Dogecoin, says Tesla will accept BTC payments

Tesla will accept Bitcoin payments as soon as 50 percent of Bitcoin mining shifts to renewables. Apart from Tesla, Elon Musk’s SpaceX also holds BTC independently. On Wednesday, July 21, Tesla CEO and billionaire Elon Musk confessed about his investments in Ethereum (ETH) and Dogecoin (DOGE) in addition to Bitcoin (BTC). The tech billionaire was […]

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Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 […]

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Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto

Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto

Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large drops seen across […]

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Ethereum Name Service grows by 10,700 addresses in June, now attached to $277 million

Ethereum Name Service grows by 10,700 addresses in June, now attached to $277 million

The Ethereum Name Service (ENS) gained considerable traction in June, with 10,700 new addresses created during June, according to block explorer Etherscan. ENS is a decentralized system that lets users associate their Ethereum addresses with human readable names, like example.eth. It’s similar to how we use emails to communicate, or website domain names, rather than […]

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Crypto derivatives exchange Bybit launches spot trading, including for XRP

Crypto derivatives exchange Bybit launches spot trading, including for XRP

Bybit, one of the largest crypto derivatives exchanges, has expanded into the crypto spot trading market. Announcing the news on Thursday, Bybit said spot trading in bitcoin (BTC), ether (ETH), XRP, and EOS is now available to users against the Tether (USDT) stablecoin. More trading pairs will follow shortly, it said. Bybit says it won’t […]

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Harvard Law’s blockchain initiative sells half of $20 million grant from Uniswap DAO

Harvard Law’s blockchain initiative sells half of $20 million grant from Uniswap DAO

A DeFi lobby group, which received $20 million in funding earlier this month from the decentralized exchange Uniswap’s governance treasury, sold half of its funding on Tuesday — despite the group promising that it would allocate the funds over the next few years, not days. “The proposal outlines that these funds are anticipated to be […]

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Uniswap takes next step toward adopting Layer 2 tech with alpha launch on Optimism

Uniswap takes next step toward adopting Layer 2 tech with alpha launch on Optimism

Uniswap said Tuesday that it is moving one step closer to bringing the popular decentralized exchange onto the layer-two protocol known as Optimistic Ethereum. “During this Alpha period, OΞ will support an initial throughput of 0.6 transactions per second. Because Uniswap v3 is currently one of the few protocols deployed to OΞ, this should translate […]

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