Ethereum News

A new wallet address fraud that targets careless copy pasters is becoming rampant, according to MetaMask. In a series of tweets yesterday, the MetaMask team took steps to warn unsuspecting users of a growing type of scam called “address poisoning.” Scammers extract the first and last four alpha-numerical combinations in a wallet address and use…

After an epic battle for control at the beginning of January, Bitcoin bulls managed to topple bears this week, with the price soaring past $18,000 on Dec 12 for the first time since mid-December. At press time, the world’s largest cryptocurrency by traded volume was exchanging hands at $18,687 after a 7% increase in the…

What can we say about cryptocurrencies in 2023? Most cryptocurrencies had a very difficult year in 2022. Massive losses occurred in the first half of the year, followed by a slight stabilization with infrequent price declines in the second half of the year. As a result, the year 2023 begins on a low note, with…

Crypto payments platform Wyre sets a new withdrawal policy allowing users to withdraw only 90% of their assets.  The policy will include limits to specific assets, including a daily cap of 5 BTC, 50 ETH, and 20,000 USDC withdrawals.  Amidst growing concerns of bankruptcy, Wyre management expresses commitment to weather the storm.  The crypto winter…

Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. The exchange is blaming the current market conditions for its continued personnel reduction. In June last year, Coinbase announced another layoff of a fifth of its employees. Besides, its…

Lido DAO (LDO), Lido Finance’s cryptocurrency, has noticeably raised its overall market capitalization to $1.25 billion. This article is all about the Lido DAO price prediction and why has the LDO price increased by 80%. Let’s take a look at it in more detail. What Is Lido DAO? Lido is a protocol that aims to provide users with…

On-chain data shows that Ethereum realized volatility has now declined to rare levels observed only three times before in history. Ethereum 1-Month Realized Volatility Has Plummeted To Just 39.8% As per data from the on-chain analytics firm Glassnode, the month of December 2022 was historically quiet for both Ethereum and Bitcoin. The “realized volatility” is…

For most crypto firms, 2023 continues right from 2022, following the collapse of former crypto king Sam Bankman-Fried’s empire in November. In the past three months, layoffs in the sector have hit an all-time high as crypto prices drop to record lows. However, of most concern has been the rate at which major crypto lending…

2022 was not a good year to invest in the crypto market, nor in legacy markets. Most tech stocks crashed, most crypto prices reached their year-low, while macro indicators continued to show weak fundamentals. However, crypto analysts predict that 2023 will be a turning point. After the merge, Ethereum did not increase in price as…

Fidelity files three trademark applications, delving into the metaverse with huge plans.  The firm leverages key areas like virtual real estate investments, NFT trading, and marketplace services.  Fidelity’s belief in digital assets has not wavered even after the implosion of FTX, with the firm poised to create more impact in the sector.  Investment giant Fidelity…