Category: ETHUSD

Harmony Bridge Hacked, $100 Million Worth of Ethereum Lost

Harmony Bridge Hacked, $100 Million Worth of Ethereum Lost

On the 24th of June, the Horizon bridge connecting Harmony – a Layer-1 PoS blockchain built for native token ONE – to the Ethereum and Binance Chain ecosystem was hacked, leading to a loss of approximately $100 million in ETH. The exploit was announced on Twitter by the Harmony team, who stated that they are […]

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$230M ETH Positions Liquidated in a Day as Ethereum Plunges Below $1.6K

$230M ETH Positions Liquidated in a Day as Ethereum Plunges Below $1.6K

Ethereum is among the most substantial loser on a daily scale, as the asset plummeted to its lowest position in over a year. Naturally, this has caused mass pain for some traders, as the ETH liquidated positions are over $200 million on a 24-hour scale. After the relatively positive trading week, bitcoin and the rest […]

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BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)

BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)

After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price level since March 2021. Bitcoin Falls Down Again This past week seemed somewhat more positive for the primary cryptocurrency as it challenged […]

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Oscar-Winning Actor Anthony Hopkins Asked Snoop Dogg and Jimmy Fallon About NFTs

Oscar-Winning Actor Anthony Hopkins Asked Snoop Dogg and Jimmy Fallon About NFTs

One of the greatest actors of all time – Sir Anthony Hopkins – said he wants to jump on the non-fungible token bandwagon. As such, he asked for the help of Snoop Dogg, Jimmy Fallon, and Reese Witherspoon, who have some experience in the field. The Latest Celebrity to Join the NFT Craze It seems […]

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3iQ Launches BTC, ETH Feeder ETFs in Australia 

3iQ Launches BTC, ETH Feeder ETFs in Australia 

3iQ Digital Asset Management has launched Bitcoin and Ether Feeder ETFs in Australia. Listed on Cboe Australia on June 6, these funds will invest in Canadian-domiciled 3iQ CoinShares Bitcoin ETF and 3iQ CoinShares Ether ETF. Exposure to BTC, ETH Investments These ETF products are aimed at providing Australian investors with an opportunity to leverage potential […]

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US Senate Candidate Will Propose to Make Dogecoin Legal Tender if he Wins

US Senate Candidate Will Propose to Make Dogecoin Legal Tender if he Wins

Timothy Ursich Jr. – who runs for election to the US Senate to represent California – vowed that he will draft a bill proposing Dogecoin as an official payment method if he is victorious. He also opined that two of the best instruments against the current galloping inflation are the leading cryptocurrencies – bitcoin and […]

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Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on Madison Avenue in New York and Rodeo Drive in Beverly Hills, Los Angeles. Balenciaga Catching the Crypto Wave According to a recent coverage, Balenciaga will […]

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ETH is Fighting at Key Support Before Possible Further Drop: Ethereum Price Analysis

ETH is Fighting at Key Support Before Possible Further Drop: Ethereum Price Analysis

The cryptocurrency market has calmed down after the massive drop over the last two days. Currently, ETH lies on top of a critical support level, which most analysts refer to as a key level developed over the previous 12 months. Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, after the bears […]

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Dubai Property Developer to Accept Bitcoin and Ethereum Payments

Dubai Property Developer to Accept Bitcoin and Ethereum Payments

Major Dubai-based real estate developer Damac Properties has revealed that it would receive payment for property in cryptocurrency. Buy Property With Bitcoin and Ether According to Khaleej Times, Damac said it would add payments for any of its properties that can be made in Bitcoin and Ether, the two largest crypto assets by market capitalization. […]

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