Category: ETHPAX

YouTube’s Head of Gaming Joins Polygon Studios, CEO Praises NFT and Crypto

Top talent from the tech industry is witnessing new opportunities in the crypto space. On Tuesday, January 25, YouTube’s head of gaming – Ryan Wyatt – announced that he shall be leaving YouTube next month to join Polygon Studios. Mr. Wyatt is quite excited about his new role as the CEO of Polygon Studios. In […]

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SOL Tanks 6% As Solana Faces Another 48 Hour Outage, Boom and Bust Moment for Solana?

Solana’s native cryptocurrency SOL has tanked another 6% today slipping under $90 as the Solana blockchain continues to face major network congestion issues. SOL has been in a free-fall during this broader crypto market rout and has corrected nearly 60% from its all-time high in November 2021. Over the last weekend, the Solana blockchain faced […]

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Fantom (FTM) Surpasses Avalanche and Solana as DeFi TVL Crosses $12 Billion

Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12.3 billion as per data from DeFiLlama. In the last 24 hours, Fantom’s DeFi TVL has shot up by 17% making it the next […]

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BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations

Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more […]

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Crypto.com Users Reportedly Lose $15 Million Or At Least 4,600 ETH

On Monday, January 11, the popular crypto trading platform Crypto.com has suspended all deposits and withdrawals citing some “unauthorized activity” taking place at some accounts. However, it has restored some of the accounts back and withdrawal services stating that the accounts are safe. Update: Withdrawal services have been restored. All funds are safe. It will […]

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Ethereum (ETH) Price Bounces From Support Zone, 200 EMA Offers Minor Upside Hurdle

Ethereum (ETH) rises above the $3,300 mark following the previous session’s gains. After testing the highs, the world’s largest altcoin retraced lower and trades with 0.60% losses. Although, the price has recorded gains of 3.16% over the last seven days. ETH shows bullish interest from the long-term support zone of $2,900. A daily acceptance above […]

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Leading Media House Associated Press announces Launching NFT Marketplace, Minting to Happen on Polygon

In a leading development on Monday, January 10, media house giant Associated Press announced that it will be launching a non-fungible token (NFT) marketplace that is built by blockchain technology provider Xooa. The first set of NFTs from AP will debut this month-end on January 31. Herein, NFT collectors can purchase AP’s contemporary and historic […]

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Breaking: Polygon Unveils Recursive SNARK Plonky2 That’s 100x Faster, MATIC Jumps 3%

We have key news coming up from Polygon developers as they unveil the world’s fastest ZK Scaling Technology, Polnky2. This is a part of the Polygon Zero mission that uses zero-knowledge proofs to scale the Ethereum blockchain to a billion users. As per the official announcement, Plonky2 is a recursive SNARK that’s natively compatible with […]

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Ethereum’s DeFi Market Dominance in 2022 Could Be At A Risk, Will It Affect ETH Price?

Ethereum, the world’s second-largest cryptocurrency has outperformed in 2021 while delivering nearly 220% returns in a single year. However, off lately, the ETH price has largely followed Bitcoin and has been moving sideways. As we enter 2022, the Ethereum blockchain continues to face major challenges in terms of scalability. The latest report from JPMorgan states […]

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Bitcoin (BTC) whales continue to increase their holdings amid market bloodbath

Bitcoin (BTC) price tumbled below $42,000 to record a new four-month low. The market sentiments have turned red as retail buyer seems to be panic selling. Market analysts have predicted a price bottom at around the $40K mark, but that hasn’t deterred whales from accumulating more Bitcoin amid the market blood bath. BTC made a […]

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