A hackathon may sound like something conducted in a disused warehouse by a bunch of computer nerds trying to break into government websites. In reality it is the complete opposite; a gathering of whitehats and industry professionals sharing knowledge and innovating on current networks. A weekend Ethereum hackathon in Toronto, Canada produced some interesting developments…
Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still…
Hardware wallet manufacturer Ledger has responded to a recent security breach resulting in the theft of $600,000 worth of user assets. The company has pledged to enhance its security protocols by eliminating Blind Signing, a process where transactions are displayed in code rather than plain language, by June 2024. Ledger Takes Responsibility For ConnectKit Attack…
Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more than 6% in the past few days. Traders are optimistic…
Ethereum (ETH) prices unchanged Developers prefer Ethereum as the smart contracting space heats up A latest dApp research report backs Ethereum. Despite limitations, Ethereum is a top-choice for developers. Meanwhile, prices are stable. Because of June 26-27 candlestick arrangement, there is a chance of ETH prices printing lower in days ahead. Ethereum Price Analysis Fundamentals…
While the crypto market remains in its winter, some other sectors in the industry are experiencing a steady rise, one of the prominent examples of these sectors is the operational teams in the Polygon network. As of March this year, its total monthly active teams were around 8,000. However, recent data shows that the current…
According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON’s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. TRON chief executive to extend help to…
The Sui (SUI) Foundation has announced its latest initiative to strengthen its decentralized finance (DeFi) ecosystem, reclaiming 117 million SUI tokens worth $51.3 million from external market makers. The tokens will be redirected into various channels to support the growth of the Sui Network. This Layer 1 blockchain has gained recognition for its scalability since its mainnet…
In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users, advising them to refrain from using any decentralized applications (dApps) until further notice. Sushi And Zapper Frontends…
A recent tweet by Block.one has highlighted that the EOS ecosystem is expanding with an increasing number of blockchain companies using the EOS public blockchain for their projects. A graphic posted by Block.one shows several projects from various niches including Healthcare & Fitness, Voting & Governance, Data Services, Privacy & Security, Identity, and Communication that…