Cryptocurrency

Cardano’s (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA’s price has dropped by approximately 9.5% since the update and was changing hands for $0.43 on Sept.
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MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.  Arbitrage bots are programs that automate trading for profits based on historical market information. An investigation of MEVbots’ contract revealed a backdoor that allows the creators
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After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a game changer for the Ethereum network as it could potentially solve the scalability trilemma. In an exclusive conversation with Cointelegraph, Uphold’s head of research,
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While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.”  Buterin shared his thoughts in a Saturday post, providing three “visions” of what layer 3s will be used for in the future. The Ethereum co-founder said a third
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Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies. On Sept. 15, 1Inch revealed the lack of safety in using Profanity as it
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Ethereum’s native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against Bitcoin (BTC).  An inverse cup-and-handle is a bearish reversal pattern, accompanied by lower trading volume. It typically resolves after the price breaks below its support level, followed by a fall toward
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ETHPoW, a separatist proof-of-work (PoW) blockchain forked from Ethereum’s Merge, went live on Sept. 15. However, the chain suffered technical issues after the launch, which put downward pressure on its ETHW token.  ETHW price down 65% amid “ChainID” fiasco The price of ETHW has dropped by 65% since ETHPoW’s launch to around $14 on Sept. 16,
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The Ethereum blockchain has successfully completed its shift away from proof-of-work to proof-of-stake (PoS) consensus following the merge of the Mainnet and the Beacon Chain. The Merge took place on Sep.15 as the network shifted to PoS seamlessly, seeing hardware-based miners replaced by validators that stake Ether (ETH) to process transactions, add new blocks and
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week US Fed vice chair Michael Barr favors hard line on
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