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Employee Found Mining Ethereum Beneath Seoul’s Premier Opera House
10.6.2021
Seoul Arts Center, An employee at South Korea’s most prestigious arts center and opera house – the Seoul Arts Center, in the affluent south-central part of the capital – has been found secretly mining Ethereum (ETH) in a basement room, using the center’s electricity.
Per Hangook Ilbo and YTN,...
Bitcoin, Ethereum and Altcoins Shoot Higher
9.6.2021
Bitcoin price formed a base above the USD 31,000 and USD 32,000 levels. BTC started a decent recovery wave above the USD 33,500 resistance. It is currently (12:14 PM UTC) trading above USD 34,000 and might attempt an upside break above USD 35,000.
Similarly, most major altcoins are recovering...
Police Recover ETH 1,360 Stolen from an Exchange in 2018
8.6.2021
South Korean police have recovered a bumper haul of ethereum (ETH) tokens stolen from an exchange by hackers in 2018 after a three-year search – and the victims, the trading platform’s customers, are set to be reunited with their coins, which have appreciated in value, despite the recent market...
Bitcoin, Ethereum and Altcoins at Risk of Further Losses
8.6.2021
Bitcoin price started a fresh decline from well above the USD 36,500 zone. BTC is down almost 9% and it is currently (12:12 PM UTC) trading above USD 33,000. The price is showing bearish signs and it could slide further if there is a close below USD 32,000.
Similarly, most major altcoins...
Bitcoin Consolidates, Ethereum Eyes Upside Break, Altcoins Turn Attractive
7.6.2021
Bitcoin price is stuck near the USD 36,000 level. BTC is facing many major hurdles near USD 37,500 and USD 38,000. It is currently (12:10 PM UTC) showing a few positive signs, but it must settle above USD 38,000 for a sustained upward move.
Besides, most major altcoins are gaining pace. ETH broke...
Bitcoin and Ethereum Extend Decline, Bulls Lose Control
4.6.2021
Bitcoin price failed to climb above the USD 40,000 level. After another ambiguous tweet by Tesla’s Elon Musk, BTC started a fresh decline and it broke the USD 37,500 support zone. It even traded below USD 36,000 and is currently (12:20 PM UTC) struggling to recover losses.
Similarly, most major...
Bitcoin and Ethereum Extend Gains, Altcoins Turn Green
3.6.2021
Bitcoin price extended its upward move above the USD 37,500 resistance. BTC even cleared the USD 38,000 resistance zone. It tested USD 39,500 and is currently (12:30 PM UTC) consolidating gains above the USD 38,000 level.
Besides, most major altcoins are also gaining bullish momentum. ETH is up...
Norton 360 Antivirus Set to Launch Ethereum-Mining Platform & Wallet
3.6.2021
Mining Ethereum (ETH) is said to be getting safer in the coming weeks as NortonLifeLock, the cybersecurity company behind popular antivirus software Norton 360, announced a new feature which will enable the platform users to mine ether.
A new product titled Norton Crypto promises to deliver a...
Bitcoin and Ethereum Gain Momentum, DOGE and BNB Surge
2.6.2021
Bitcoin price is rising and it is trading above the USD 36,500 resistance zone. BTC is currently (12:40 PM UTC) trading above USD 37,000 and it seems like the bulls are aiming for a break above USD 38,000. If they succeed, the price could test USD 40,000.
Besides, most major altcoins are trading...
Bitcoin, Ethereum, And Altcoins Consolidate Gains
1.6.2021
Bitcoin price remained in a positive zone after it broke the USD 36,000 zone. BTC is now consolidating and it might be preparing for a potential upside break above USD 38,000. It is currently (12:20 PM UTC) trading well above USD 36,000, with a major hurdle near USD 37,800 and USD 38,000.
Besides...
Digital Yuan Architect: 'Imagine a CBDC on Ethereum or Diem'
31.5.2021
Source: Adobe/H_Ko
One of the chief architects of the Chinese digital yuan has discussed a possibility that the central bank digital currencies (CBDCs) could operate on networks such as Ethereum (ETH) or the yet-to-be-released Facebook-masterminded blockchain platform Diem (formerly Libra) as part...
Bitcoin and Ethereum Dive Again, Altcoins Turn Red
28.5.2021
Bitcoin price started another decline after a couple of failed attempts near USD 40,000. BTC broke the USD 37,000 and USD 36,500 support levels. It is currently (12:20 PM UTC) down over 7%.
Similarly, most major altcoins are gaining bearish momentum. ETH is down around 10% and it broke the key...
Ethereum's EIP-1559 'Doesn't Deliver' As It's 'Not Meant to Reduce Fees'
27.5.2021
Ethereum Improvement Proposal (EIP) 1559 is one that keeps on giving - discussions, that is. What it does not do is "deliver," argued Founder and CEO of popular Ethereum (ETH)-focused wallet manager MyCrypto, but receiving numerous counterarguments along the way.
The contested...
Bitcoin and Ethereum Correct Gains, Altcoins Struggle
25.5.2021
Bitcoin price gained pace above the USD 38,000 resistance level. However, BTC failed to clear the key USD 40,000 resistance level. It is currently (12:00 PM UTC) correcting lower and it is struggling to stay above the USD 37,000 support.
Similarly, most major altcoins are correcting gains....
Contrary to Musk's Idea, You Can't Just Increase Block Size, Says Buterin
24.5.2021
There are limits to blockchain scalability in order to not sacrifice decentralization, according to Ethereum (ETH) Co-founder Vitalik Buterin, and "you can't "just increase the block size by 10x"," as was Tesla's chief Elon Musk recently shared idea.
While Musk recently tweeted...
Bitcoin and Ethereum Gain Traction, Altcoins Surge
24.5.2021
Bitcoin price started a strong recovery wave from USD 31,150. BTC broke the USD 35,500 and USD 36,500 resistance levels. It is currently (12:20 PM UTC) showing positive signs, but it must clear USD 38,000 for a sustained upward move in the near term.
Besides, most major altcoins are gaining bullish...
Bitcoin and Ethereum Consolidate, XMR Rallies Above USD 300
21.5.2021
Bitcoin price was able to clear the USD 38,000 and USD 40,000 resistance levels. However, BTC is struggling to clear the USD 42,000 resistance. It is currently (12:30 PM UTC) consolidating gains and it could make another attempt to clear the USD 42,000 level.
Besides, most major altcoins are moving...
Bitcoin and Ethereum Show Signs of Revival, Altcoins Gain Momentum
20.5.2021
Bitcoin price remained well bid above the USD 35,000 level and it started a decent recovery. BTC broke the USD 38,000 and USD 40,000 resistance levels. It is currently (12:30 PM UTC) showing a few positive signs and it could continue to move higher towards USD 42,000.
Similarly, most major altcoins...
Disclosed: Ethereum 'Lived' With a Major Threat for 18 Months
19.5.2021
Here's what we knew: Ethereum (ETH) executed the Berlin hardfork last month. Here's what we didn't know: it came with a solution that lowered the risk of a major DoS attack, looming over the network for more than a year and a half.
According to the May 18 post written by Ethereum developer Péter...
Buterin Not Getting Tax Write-Off For SHIB India COVID-19 Relief Donation
19.5.2021
Vitalik Buterin. Source: a video screenshot, Youtube, Business Insider
Singapore-based Ethereum (ETH) Co-founder Vitalik Buterin said he will not get a tax write-off on his donation of 50trn shiba inu (SHIB) tokens to support India’s Crypto COVID Relief Fund.
He was reported as saying by Bloomberg...