Whale Dumps 33,000 ETH on Binance Sparking Crash Concerns
A possible ETH price collapse is feared by the market after a giant whale dumps approximately 33,000 Ethereum on Binance. ‘czsamsunsb.eth,’ a monstrous cryptocurrency whale identified by on-chain analytics from Spot On Chain, has dumped an enormous 33,000 Ethereum (ETH) onto Binance for an astounding $75.74 million. The action, witnessed concurrently with the ETH price […]
Top Market Analyst Predicts ‘Max Pain’ For Bitcoin
A leading market analyst predicts that Bitcoin is approaching its “Max Pain” period, whereas Ethereum (ETH) exhibits a more favorable upside. Regarding the future course of Bitcoin (BTC) compared to Ethereum (ETH), which is its closest competitor in market capitalization, cryptocurrency analysts are presently divided. A notable analyst, identified on X under the handle @hedge__x, […]
Ethereum Dencun Upgrade Goes Live on Goerli Testnet
Dencun, the most recent Ethereum network upgrade, has reportedly gone live for the first time on the Goerli testnet as of January 17, according to a social media post by Ethereum developer Parithosh Jayanthi. As reported by Jayanthi, the introduction of the network was postponed by an estimated four hours due to a bug. However, […]
Ethereum Devs Disagree on Plan to Increase Ethereum Gas Limit
Users, node administrators, and Ethereum developers have yet to agree regarding Vitalik Buterin’s recent proposal to increase Ethereum’s gas limit as they are concerned about the increasing size of the blockchain state. Vitalik Buterin proposed on January 11 a “moderate” 33 percent increase in the gas limit to boost network throughput potentially. He argued that […]
Gamma Protocol Investigates Potential $500K Attack
DeFi protocol for asset management Gamma lost nearly $500,000 in an ongoing security incident that may have depleted at least 211.9 prompting them to declare an investigation. Blockchain investigator PeckShield identified an exploit associated with Gamma Strategies on January 4, valued at approximately $469,000. The decentralized finance (DeFi) protocol subsequently validated a “possible security incident” […]