NFT
Soapy Joe’s Carwash Uses NFTs to Drive Demand
Well, that’s one way to get the word out. All sorts of companies have been using NFTs for promotions over the last few years. But one of the more interesting ones we’ve seen so far […]
Month: September 2022
Doge
Dogecoin has crashed 75% against Bitcoin since Elon Musk’s SNL appearance
Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both USD and Bitcoin (BTC) terms since Elon Musk’s SNL appearance are considerable. Dogecoin loses Musk-effect The DOGE/BTC trading […]
Technology
GMX DEX Reportedly Suffers $565,000 Exploit
Decentralized exchange (DEX) GMX allegedly experiences price manipulation on the AVAX/USD pair in key exchanges. Open interest in AVAX long perpetual futures has accordingly been capped at $2 million, while open interest in AVAX short […]
Market Analysis
Centralization Fears Mount as Over 80% of Ethereum Blocks Were Relayed by Flashbots
Data from mevboost.org shows that over 80% of Ethereum relay blocks were built by Flashbolts, raising further centralization concerns within the community. While Ethereum’s transition to the proof-of-stake has been smooth sailing with little to […]
Blockchain
Flashbots build over 82% relay blocks, adding to Ethereum centralization
Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a […]
Business
Stock Markets Offer Insight on Surviving Crypto Winter
A stock market-inspired respite might be in sight for crypto retail investors beset by high transaction fees. As the cryptocurrency markets experience an extended winter, consumers could rid themselves of the chill by looking at […]
Bitcoin
Zcash Sheds 14% Last Week, But Analysis Reveals Buying Opportunity
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past few days. Zcash loses 14% last week but opens up an increased buying opportunity […]
Ethereum
Profanity tool vulnerability drains $3.3M despite 1Inch warning
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 […]
Bitcoin
XRP Price Rallied 7%, Is It Gearing To Test The Next Resistance?
The XRP price climbed 7% over the last 24 hours, turning the technical outlook for the coin bullish. In the past week, the XRP price had not performed too well, but with the recent price […]
Market Analysis
PancakeSwap CAKE/USD prediction as price rejects decline
PancakeSwap is a decentralized exchange with a role to play in DeFi. CAKE has made solid recoveries and risen on the CoinMarketCap ranking. CAKE is pushing above key support of $4.12. PancakeSwap CAKE/USD is among […]
