Category Archive: Cryptocurrency, No picture
EIP-1559 Has Already Burnt $1 Million Worth of ETH
Key Takeaways $1 million worth of Ethereum has been burnt already. The price of Ethereum has reacted quickly, jumping 6% in the last hour. While not deflationary yet, ETH will see a significant decrease to the growth of its supply. This news was brought to you by ANKR, our preferred DeFi Partner. $1 million worth […]
Uruguay, Colombia Add to Latin American Crypto Adoption
Key Takeaways Senators in Uruguay and Columbia are pushing for crypto-friendly regulations. Uruguayan Senator Juan Satori has introduced a bill that would allow all businesses to accept crypto payments. Colombian Senator Mauricio Toro wants to regulate crypto exchanges and allow them to legally operate in Colombia. Uruguay and Colombia join a growing list of South […]
Ethereum Launches London Hardfork Including EIP-1559
Key Takeaways Ethereum’s London hardfork was implemented today at block 12,965,000 at 13:10 UTC. Today’s upgrade includes EIP-1559, which introduces a minimum base fee on every Ethereum transaction. The base fee will get burned with every transaction, adding deflationary pressure on ETH. This news was brought to you by ANKR, our preferred DeFi Partner. Ethereum […]
Coinbase CEO Armstrong Decries Infrastructure Bill Draft
Key Takeaways Coinbase CEO Brian Armstrong has voiced his opposition to the new infrastructure bill on Twitter. Armstrong urged readers to contact their local senators to support a proposed amendment to the bill. Coinbase usually avoids engaging in politics, however appears to be making an exception this time. Coinbase CEO Brian Armstrong has taken to […]
CipherTrace Releases DHS-Funded Monero Tracing Tools
Key Takeaways CipherTrace has released a set of Monero tracing tools. The toolset is the result of funding from the U.S. Department of Homeland Services that began last year. The Monero community is skeptical of the tool’s effectiveness. Blockchain analytics firm CipherTrace has announced the release of a set of tracing tools for use with […]
Oscar Mayer Creates One-Off Pack of Dogecoin Hot Dogs
Meat and cold cut company Oscar Mayer is auctioning off a pack of Dogecoin-themed hot dogs, as announced on Twitter. 💎BEHODL💎 This limited-edition pack of Hot Doge Wieners that comes with the cash value of 🚀 10,000 Dogecoins 🚀 There’s only one pack in existence… and it can be yours 🤑 Bid it for a […]
Ethereum Targets $3,200 Ahead of EIP-1559 Update
Key Takeaways Ethereum looks poised to advance further as the EIP-1559 update approaches. Transaction history shows that there is no supply barrier ahead of Ether. Meanwhile, the technicals project a $3,200 target for ETH. This news was brought to you by Phemex, our preferred Derivatives Partner. As speculation mounts around the EIP-1559 update, market participants […]
Axie Infinity Generated More Revenue than Bitcoin or Ethereum in July
Key Takeaways With $207 million revenue in July, Axie Infinity ranks higher than Ethereum, Binance Smart Chain, or Bitcoin. The blockchain game has also seen four times more trading volume than any other NFT project, including popular CryptoPunks. With new key updates to its battle system, the game’s team expects a lot of news in […]
Crypto Briefing’s CB10 Index Rebalances to BTC, ETH
Key Takeaways Bitcoin and Ethereum were CB10’s top gainers last month. The rebalancing for August saw only small changes in token allocation percentages with no new additions. Dogecoin was the biggest loser of the index as the meme crypto dropped by 18.1% in July. Crypto Briefing’s crypto market index CB10 has made additional room for […]
Ripple CEO Granted Access To Binance XRP Docs
Key Takeaways The court in Ripple’s ongoing lawsuit with the SEC has granted Brad Garlinghouse’s motion to obtain documents from Binance. The motion was filed to gather data on all XRP sales made on Binance, the largest crypto exchange by trading volume. The Ripple team plans to show that the SEC may not have jurisdiction […]
