The price of Ethereum (ETH) soared past $3,000 on Tuesday. This marked the first time either crossed this key psychological level since April 2022. The second-largest crypto by market cap continued its remarkable recent hot streak. Ether’s price climbed from $2,881 on February 19, surging more than 4% over the last 24 hours. It hit […]
Shortly after Ethereum (ETH) surpassed the $3,000 mark on Tuesday, an Ethereum wallet, dormant for 8.6 years, became active. It deposited 1,732 ETH (about $5.15 million) into the crypto exchange Kraken, as reported by blockchain tracker Lookonchain. On-chain data shows that the owner of the mysterious wallet was an Ethereum initial coin offering (ICO) participant. […]
The popular self-custodial crypto wallet, MetaMask, has completed an integration with Web3 security firm Blockaid to provide security alerts to its users across multiple networks by default. MetaMask extension and mobile app users will now automatically receive alerts about potentially malicious transactions. The security alerts were integrated by default on the Ethereum Mainnet (via extension) […]
Citigroup has collaborated with Ava Labs, other traditional financial institutions, and digital asset businesses to develop a proof-of-concept for tokenizing private equity funds. Although several legal and technical issues remain, Citi is confident that blockchain may change the game for private equity. The project used simulated workflows in a private equity fund issued by Wellington Management. […]
Telefonica, a Spain-based telecommunications company, has secured a strategic partnership with the decentralized oracle network Chainlink (LINK). According to an official announcement on Feb. 15, the collaboration aims to integrate real-world telecommunications capabilities into blockchain networks to improve Web3 applications and smart contracts security. A primary goal is to address fraudulent activities, particularly SIM Swap […]
Ethereum layer-2 scaling protocol Starknet will begin distributing its native network token on Feb. 20. Ethereum stakers are among the recipients of STRK tokens. This will give approximately 1.3 million wallets eligibility to claim STRK tokens. It is open to solo and liquid Ethereum stakes, Starknet developers and users, and projects and developers outside the […]
According to Whale Alert, an ancient Ethereum pre-mine address containing 100 ETH (approximately $262,757) was activated after being dormant for 8.5 years. This latest awakening is not an isolated event. Over the past few months, many inactive Ethereum addresses have become active again, transferring significant amounts of ETH and creating ripples across the crypto landscape. […]
Ethereum market price has surged, reaching a one-month high and showcasing growing demand for the asset. Amid this bullish development, the on-chain analytics platform Lookonchain revealed a noteworthy strategy by an Ethereum whale, signaling strong confidence in the asset’s future trajectory. A whale is accumulating $ETH and going long $ETH by revolving loans on #Spark! […]
Bitcoin-based cross-chain decentralized exchange and wallet Portal raised $34 million in a seed funding round. Investors in the round included OKX Ventures, Arrington Capital, Coinbase Ventures, and Gate.io, the company announced on Jan. 30. Portal co-founder and CEO Chandra Duggirala said the funding round comprised a combination of a simple agreement for future equity (SAFE) […]