Ethereum spot ETFs mark a historic milestone with a $332.92 million daily inflow, surpassing Bitcoin ETFs amid the ETH price surge. The latest data from SoSoValue reveals that Ethereum eth1.44%Ethereum spot ETFs have recorded $332.92 million in daily net inflows as of Nov. 29, outpacing Bitcoin btc0.57%Bitcoin spot ETFs’ $320.01 million for the first time since inception. This development coincides with Ethereum’s price...
As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin btc0.57%Bitcoin trades at $96,800, Ethereum eth1.44%Ethereum has shown strength by surging 3.5% in the last 24 hours to reclaim the $3,700 level. The global cryptocurrency market capitalization has expanded to $3.42 trillion...
The price of coins like Jeff and HUMAN Protocol has surged triple digits, while Ethereum is stuck below the $3,700 level. Ethereum eth1.48%Ethereum price was up by over 3.5% yesterday, even regaining the $3,700 level for a brief period of time. However, the price has now stalled below the $3,700 level, trading at $3,692 at press time. Source: CoinGecko Despite the...
The non-fungible token, or NFT, market saw a 7.68% boost in sales volume this week, hitting $109 million, with notable activity on Ethereum (ETH) and Polygon (MATIC) blockchains. However, this uptick came against a backdrop of massively declining numbers of NFT buyers and sellers, which plunged by 68.00% and 67.78%, respectively. Interestingly, even as the number of...
NFT marketplace OpenSea is seeing user activity drop on its platform to its lowest level since 2021. The NFT platform, once hailed as the leading NFT marketplace, is now struggling to hold its dominance as newer platforms like Magic Eden and Blur are capturing more activity. Data from Token terminal show that OpenSea’s NFT trading volumes have nosedived 33% over the past...
A cryptocurrency investor recently fell victim to a phishing attack on Ethereum, eventually losing over $180,000 in USD Coin (USDC) and ANDY (ANDY), a recently launched meme coin inspired by Pepe. Data from Etherscan reveals that the attack occurred on April 23 in nearly one hour, lasting from 05:39 to 06:29 UTC. Transaction data confirms that the...
On-chain token infrastructure provider Hedgey Finance suffered two exploits as attackers leveraged a bug in its token claims contract. According to alerts from security startup Cyvers, Hedgey Finance was hacked on April 19 across the Ethereum (ETH) and Arbitrutm (ARB) blockchains. Cyvers reported that the first attack was deployed on ETH’s chain, and hackers stole around $1.9...
Emin Gün Sirer of Ava Labs says Avalanche was never marketed as an “Ethereum killer,” stressing though its ability to deploy independent blockchains, unlike Ethereum. The head of Ava Labs, Emin Gün Sirer, says Avalanche “was never ever” designed to be an “Ethereum killer,” adding that the definition was developed by marketing managers at Consensys, a blockchain tech firm...
At the Token2049 conference, blockchain experts debated the Ethereum chain’s current problems. Experts from the blockchain industry discussed the latest innovations and development opportunities during a panel discussion at the Token2049 conference in Dubai. The discussion participants also touched upon the Ethereum blockchain, which is considered the dominant smart contract platform. According to the panelists, Ethereum has...
The Ethereum (ETH) price has gained momentum as positive investor sentiment recorded an impressive surge. ETH is up by 0.3% in the past 24 hours and is trading at $3,080 at the time of writing. The asset’s market cap is currently standing at the $370 billion mark. However, Ethereum’s daily trading volume plunged by 21%, dropping to $17.1...
