ETH exchange supply shrinks as staking grows amid sideways price

The validator entry queue for the Ethereum network is heavily congested, with 3.6 million ETH lined up to be staked with a forecasted 63-day wait.

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Tom Lee’s BitMine Adds Another $117 Million In Ether To Corporate Treasury In Largest ETH Purchase Of 2026

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$14.5 Billion: Ether Heavyweight Bitmine Just Beat Its Own Record

Bitmine just added 35,268 ETH worth $108.7 million, lifting its Ethereum holdings to 4.2 million ETH and total assets to $14.5 billion, even as the ETH price slides below $3,000 in a brutal correction.

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SharpLink Strengthens ETH Treasury, Adding $43 Million in Latest Buy as Market Watches

SharpLink has recently bought 11,259 $ETH for about $43.09 million in USDC ($3,828 each). The company now has a total of 449,276 ETH worth over $17.33 billion.

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ETH set to explode as $750M added; this cheap altcoin is looking for 30x gains

Price of Ethereum is rising sharply, as ETH receives $750 million from institutions, which could lead to a new high.   Since May, BlackRock and Fidelity have purchased 214,000 more ETH after they sold $180 million in Bitcoin and placed $78 million into Ethereum.

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ETH/BTC Bull Loses $49 Million: Details

A crypto millionaire has now lost nearly $50 million after betting on Ethereum (ETH) outperforming Bitcoin (BTC)

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Long-Term Ethereum Investor Sells $12.7 Million in ETH

A long-time Ethereum investor transferred 4,153 ETH, valued around $12.17 million, to Coinbase, indicating possible intentions to sell. The post Long-Term Ethereum Investor Sells $12.7 Million in ETH appeared first on BeInCrypto.

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BTC, ETH Whales Playing Waiting Game, Here's How

ETH whale just placed $150 million bet on Ethereum price

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Over 1M post-Shanghai upgrade ETH withdrawals fail to dent risk appetite

After the Shapella (Shanghai and Capella) upgrade that was successfully completed on March 12, over 1 million staked ETH tokens have been withdrawn from nearly 477,805 transactions. The ETH withdrawals crossed the one million mark on Sunday as the Ethereum price touched an eleven-month high.

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Euler Finance exploiter returns another $37.1M worth of ETH and DAI

The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million.

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Ethereum Staking Reaches 16.16 million ETH Ahead of Shanghai Upgrade

According to Glassnode on-chain data, Ethereum staking has reached an all-time high of over 16. 16 million ETH which has been deposited into the beacon chain.   The 16. 16 million ETH figure consists of over 13.

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2 million ETH tokens have been burnt as Merge draws nearer

The Ethereum EIP-1559 has now burned 2 million ETH.

The post 2 million ETH tokens have been burnt as Merge draws nearer appeared first on CryptoSlate.

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Ethereum Continues To Maintain Momentum As Total ETH Burned Nears $100 Million

Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3. 88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation.

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Asia’s MicroStrategy? Meitu drops another $50M on ETH and BTC

Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million.

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Over One Million Ether Already Deposited for Staking on Ethereum 2.0

The mainnet launch of the Beacon Chain of ETH 2.0 took place on Dec. 1. Interest is objectively growing as the total number of ETH staked on the network has surpassed one million. Just a few weeks ago, some users were worried that the necessary number of ETH would not reach the threshold for quite … Continued The post Over One Million Ether Already Deposited for Staking on Ethereum 2.0 appeared first on BeInCrypto.

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Guy Flashloan Borrows $30 Million ETH For Just $100

A very smart haxor, as in leet coder, has borrowed 102,000 eth and $10 million in stablecoins like DAI and USDc to turn some of it into BAT in an...

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DForce DeFi Protocol Breached, $25 Million in BTC and ETH Lost

Coinspeaker DForce DeFi Protocol Breached, $25 Million in BTC and ETH LostDForce DeFi Protocol was recently hacked and up to $25 million of customers’ crypto in Bitcoin and Ethereum was lost due to an entirely-known exploit that exists on an ETH token.

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Ethereum Staking Taking Off With Over 1 Million ETH Primed For 2.0

Ethereum prices may not be very positive at the moment but fundamentals are improving as the network gears up for proof of stake. Testnets indicate that up to a million ETH could be already staked in anticipation of Beacon Chain.

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The Mystery of 12 Million ETH

On July the 30th 2015, at 3:26 PM London time, 8,893 transactions were undertaken, with the very first transaction being for 1337 eth. The ethereum genesis block had just launched,... The post The Mystery of 12 Million ETH appeared first on Trustnodes.

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Ethereum Decentralized Applications Nearing Half a Billion Worth of ETH Locked in dApps

Around 2. 5 million ETH (approximately $400 million) is locked in decentralized applications. The dominant dApp is MakerDAO DAI smart contract, as it has around 2. 2 million ETH. The second runner-up is Ethereum Name Service (ENS).

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Digix Asks for $20 Million Worth of Eth, DAI it Say Token Holders

DigixGlobal has asked for $20 million worth of eth, amounting to around 70,000 eth from their total of circa 470,000 raised in an ICO in 2016. The team behind DigixDAO (DGD)... The post Digix Asks for $20 Million Worth of Eth, DAI it Say Token Holders appeared first on Trustnodes.

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What Is Tezos? Introduction to XTZ

Made in the USA by former Morgan Stanley analyst Arthur Breitman, Tezos considers itself the last cryptocurrency you’ll ever need. Its ICO raised 66,000 BTC and 361,000 ETH in July 2017 on the back of this promise.

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Only 30% of Eth Transfers Are to Exchanges

The vast majority of eth transfers are unrelated to the movement in and out of exchanges according to our analysis of data provided by Santiment. Around two million eth moves... The post Only 30% of Eth Transfers Are to Exchanges appeared first on Trustnodes.

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Ethereum (ETH) is the Most Popular Cryptocurrency for Scammers, Kaspersky Report Shows

Ethereum giveaway scams multiplied with cybercriminals pocketing $2.3 million in the second quarter of 2018.

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Bitcoin Shorts Skyrocket, Eth Longs Near All Time High

A hidden wall at Bitfinex appears to have caused much speculation in the markets with reports suggesting some $63 million worth of 10,000 bitcoins were bought through limit orders starting... The post Bitcoin Shorts Skyrocket, Eth Longs Near All Time High appeared first on Trustnodes.

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Bitmain Holds One Million Bitcoin Cash and LTC, 22,000 Bitcoins and Almost No Eth

Bitmain holds more Bitcoin Cash than Satoshi Nakamoto at 1,021,316 as of March 2018, amounting to $600 million at current prices and at nearly $1 billion at acquisition prices. The... The post Bitmain Holds One Million Bitcoin Cash and LTC, 22,000 Bitcoins and Almost No Eth appeared first on Trustnodes.

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ICOs Have Sold Nearly 100,000 ETH in the Past 30 Days

Around $40 million worth of eth has been liquidated in the past month with nearly 100,000 eth sold by projects that raised funds through an Initial Coin Offering (ICO). Data... The post ICOs Have Sold Nearly 100,000 ETH in the Past 30 Days appeared first on Trustnodes.

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Video app Cheez is rolling out a cryptocurrency integration… but it’s centralized

Social video app Cheez, which boasts over five million installs across Android and iOS, is rolling out a cryptocurrency integration that will let users earn Bitcoin (BTC) and Ethereum (ETH). But there are a few caveats: the reward ceiling is pretty low – and the integration is mostly centralized.

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On a Path to Recovery: Bithumb Reopens Deposits and Withdrawals

Following a disastrous security breach in June that led to losses of more than $30 million, Korean cryptocurrency exchange giant Bithumb has announced that it is set to resume deposit and withdrawal services on its platform.

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High Times Becomes First Ever IPO To Accept Cryptocurrencies

Legacy cannabis culture media High Times Holding Corporation will be accepting Bitcoin (BTC) and Ethereum (ETH) during its Initial Public Offering (IPO). By doing so, it will purportedly become the “first traditional stock offering ever to accept investments” through cryptocurrencies.

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Audits and Quality Assurance: Patching the Holes in Smart Contract Security

On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23.

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Japanese Public Company Offering Loans Secured by BTC, BCH, ETH

A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2. 7 million) at varying interest rates.

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Ethereum’s Price at $44,000, Bitcoin at a Million in VeChain’s Vet Trading Pair on Binance

One eth is worth $44,000, but only on one exchange and in only one trading pair this fine morning on July 31st 2018. A coin with a $1.3 billion market... The post Ethereum’s Price at $44,000, Bitcoin at a Million in VeChain’s Vet Trading Pair on Binance appeared first on Trustnodes.

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Smart contract hacks cost millions — this company wants to fix it

Last November, a user accidentally froze around 514,000 ETH (worth approx. $155 million) in Parity, a popular Ethereum wallet. The culprit was a bug in the wallet’s software, which the user in question accidentally triggered.

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Huobi Informs Users on Decision to Launch P2P Trading in India

Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee.

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Reddit’s Alexis Ohanian Upholds BTC

Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24. The VC firm, which has over $250 million assets under management, was one of U.S. crypto exchange Coinbase’s first investors. As of press

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Bancor Co-Founder Calls On Crypto Community To Fight Against Hackers And Thieves

Bancor is a cryptocurrency whose aim is to solve liquidity issues by making use of smaller market tokens. The protocol allows any user to create a cryptocurrency called “smart token” which can be used to trade with other different cryptocurrencies.

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Who’s King Of The Ethereum DApps? Two Self-Confessed Pyramid Schemes

Two ‘self-sustaining’ pyramid schemes briefly became the most popular decentralized apps (DApps) on Ethereum this week. Money Pours Into ‘Fomo3D’ and ‘PoWH’ Data from monitoring site DappRadar shows Fomo3D and PoWH 3D held the number one and number two spots among DApps July 22, pushing the highest-placed ‘legitimate’ offering – decentralized exchange IDEX – into third place.

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The Daily Bit: July 23, 2018

THE DAILY BIT Tweet of the Day $eos raised ~$4,000,000,000. If they used $1 million every month, then that will last 4,000 months or 333 years. – @BennettTomlin Top Cryptos By Market Cap BITCOIN (BTC) |  2.

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$46 Million of Ether is Locked in a Pair of Ponzi Dapps

The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH.

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Bat Spikes 20%, Rep Up 10%, Eth Not Moving After Three Higher Lows

Brave Browser’s Basic Attention Token (BAT) spiked 20% today, rising from $0. 32 to $0. 41 with a market cap of now $400 million. They’ve had plenty of good news recently, reaching. .

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A Note on Metcalfe's Law, Externalities and Ecosystem Splits

Looks like it’s blockchain split season again. For background of various people discussing the topic, and whether such splits are good or bad: Power laws and network effects (arguing the BTC/BCC split may destroy value due to network effect loss): https://medium.

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Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

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Recent transaction spam on the Ethereum network costs up to $15 million

On 16th July, Vitalik Buterin, the Co-Founder of Ethereum tweeted about the cost of the recent transaction spam on the Ethereum Network. According to his calculation, the cost comes up to $15 million.

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ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June.

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Decentralized Exchange Bancor’s $13.5 Million Hack Sparks Heated Crypto Discussions

On July 9, 2018, Bancor took to Twitter to share an inconvenience, where the cryptocurrency exchange was faced with a $13. 5 million hack, which was split into $12. 5 million value of ETH, $1 million value of NPXS and about $3.

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Bitcoin this week: new transactions, Bancor Breach, Vitalik vs Bancance CEO

Bancor Breach The big story on Tuesday was that Bancor reported it had experienced a “security breach”. A wallet used to upgrade some smart contracts has been compromised and used to withdraw 29,984 ETH, worth approximately $12.

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Basic Attention Token [BAT]’s Brave, the ‘absolute ad-free browser’ passes 3 million users

On 14th July, Brave, an open-source web browser developed by Basic Attention Token [BAT] announced on Twitter that they passed 3 million monthly active users.  By the end of this year, BAT expects to reach five million users.

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Promoted: Ushering in a New Future — Cryptocurrency Investing With Invictus

The Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency investments and trading. As a result, crypto market capitalization soared to an all-time high of around $820 billion in early January of 2018.

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