Ethereum (ETH)

Why Is ETH Down After a Successful Merge?

Ethereum transitioned from "proof of work" (PoW) consensus to "proof of stake" (PoS), completing the long-awaited Merge. So why's it down?

Marge and Homer observe the aftermath of the Tornado Cash sanctions

DeFi

Six Americans Sue US Treasury to Lift Tornado Cash Sanctions

Six Americans are suing the US Treasury Department for sanctioning crypto mixing service Tornado Cash.

DeFi

Samsung Is Launching a Crypto Exchange

Samsung, the South Korean electronics giant, announced it will be launching a cryptocurrency exchange in South Korea in the first half of 2023.

NFT

BAYC Fueled Bank Run Nearly Breaks BendDAO

A large amount of the collateralized loans on BendDAO backed by Bored Ape Yacht Club (BAYC) NFTs risked liquidation and caused a bank run.

The Surf Ninjas are ready to cash out their staked ETH, even at a loss

DeFi

Coinbase Launches cbETH, Its ETH Liquid Staking Token

Coinbase released cbETH, its Ethereum liquid staking token. Essentially, Coinbase is allowing investors to withdraw staked ETH before the Merge.

DeFi

Chainlink, Circle, and Ethermine Won't Support PoW ETH Forks

Today, Ethereum is operated by miners using computer graphics cards. Following the Merge, ETH mining operations will be obsolete.

US Treasury Sanctions Tornado Cash, Tornado Cash Responds with Dusting Attack

DeFi

US Treasury Sanctions Tornado Cash; Dusting Attack Follows

The US Treasury just sanctioned Tornado Cash, and a number of associated wallets. In response, someone performed a dusting attack to high profile individuals.

DeFi

Is Optimism a Good Investment? Probably Not Right Now

Optimism's aggressive token issuance schedule makes it a tough investment, as it is expected to 10x its supply soon.

DeFi

Ethereum Is Up Big Following Good Merge News

The Merge–Ethereum's transition to Proof of Stake–remains on target for mid-September. ETH is up almost 20% since the announcement.

NFT

Reddit and Facebook Integrate NFTs

Reddit launched an NFT avatar marketplace on Polygon, and Facebook will allow Ethereum and Polygon NFTs on user profiles.

DeFi

Blockchain Analysis Suggests North Korea Prefers Stolen Ethereum

As institutions adopted Ethereum over the last couple years, so too did North Korea. Previously known for stealing and hoarding BTC, North Korea appears to be diversifying into ETH.

DeFi

ETH is Down Big Following Delay in The Merge

ETH is trading for $1.4k following news that Ethereum devs will delay the "difficulty bomb" for 2 to 4 months, pushing back The Merge.

DeFi

First Full Ethereum Merge Test is a Success

The first full test of what has been dubbed “The Merge,” moving the blockchain to Proof of Stake, was a resounding success.

DeFi

Coinbase Invests in Enterprise-Grade ETH Liquid Staking Startup

Coinbase and Figment are investing in Alluvial, which is building a non-custodial liquid staking protocol aimed at enterprise customers.

Axie Infinity (AXS)

North Korea Diversifies Into Ethereum Via Record Crypto Hack

The FBI has tied the recent Axie Infinity Ronin sidechain hack to the North Korean hacking group Lazarus.

Axie Infinity (AXS)

Sky Mavis Raises $150M to Compensate for Ronin Hack

Sky Mavis, maker of Axie Infinity, raised $150M primarily from Binance to make investors whole after their Ronin sidechain was hacked for $600M.

Ethereum (ETH)

Lead Ethereum Developer Warns Protocol Complexity is Out of Control

Lead core Ethereum developer Péter Szilágyi warns that Ethereum's complexity has gotten out of hand, and "if the protocol doesn't get slimmer, it's not going to make it."

DeFi

Ethereum 2, AKA “The Merge,” Succeeds in Testnet

After years of development, the Ethereum 2 Proof of Stake ("The Merge") change was successfully completed in a testnet.

Bitcoin (BTC)

Why You Might Want to Buy BTC and ETH on Other Blockchains

Investors are buying wrapped BTC and ETH with crypto on blockchains like BNB, SOL, and AVAX to avoid fees and possibly taxes.

Weekly Newsletter

🎪 Wonderland: DAO It All Went Down

This week: Hackers stole $322M from Wormhole Bridge, we dig into El Salvadors "whale" status, big organizations are doing NFT tickets, and we do a full breakdown of the TIME Wonderland saga.

DeFi

Hackers Take Wormhole Bridge for $322M

Hackers found an exploit in the Wormhole Bridge that allowed them to steal $322M, the second largest DeFi related hack ever.

Hacker: OpenSea is Adding Solana NFTs and Phantom Wallet Support

Weekly Newsletter

🤑 We All Get a Rug Pull!

The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.

SundaeSwap DEX: Our Launch Could Crash the Cardano Network

Weekly Newsletter

🔥 Everything is on Fire

Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.

DeFi

Burns So Good: MATIC is Deflationary

Polygon (MATIC) is introducing their version of the Ethereum Hardfork (EIP-1559), which makes pricing more predictable and causes MATIC to become deflationary by burning tokens.

Weekly Newsletter

🍿 We're gonna need more Matt Damon

This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?