Ethereum backs Spruce’s vision for a decentralized identity verification
The Ethereum Foundation (EF) and Ethereum Name Service (ENS) have endorsed a proposed solution from Spruce, a decentralized identity software company, allowing safe sign-in using Ethereum. After EF and ENS issued a Request for Proposals in July, seeking developers and software organizations to create a sign-in package that used Oauth, an open standard for access […]
Solana receives a surge of institutional traders as demand for ETH and BTC flattens
As demand for Ether (ETH) and Bitcoin (BTC) exposure has levelled, institutional traders have flocked to Solana (SOL), accounting for a stunning 86.6% of total weekly crypto investment product inflows last week. Solana (SOL) investment products had inflows of $49.4 million between Sept. 6 and Sept. 10, according to the Sept. 14 edition of CoinShares’ […]
BTC, ETH, and ADA all drops by double digits over the last week
Some of the industry’s largest cryptocurrencies including BTC, ETH and ADA have crashed by as much as 25% over the last seven days, according to CoinGecko. “In terms of Bitcoin , this is a fairly typical market pattern—a correction of sorts after a significant bullish period,” Jason Deane, Bitcoin analyst at Quantum Economics told Decrypt. […]
Arbitrum’s TVL increases to $1.5 billion as DeFi morphs into ArbiNYAN
Over $1 billion worth of Ether remains locked in the ArbiNYAN yield farm, despite the native token’s price collapsing by more than 90% in less than 24 hours. Rollup network at layer two of Ethereum Arbitrum One is experiencing significant growth, with its total value locked (TVL) increasing by nearly 2,300 percent in the last […]
Bitcoin: Price struggles for $46K as Polkadot (DOT) posts a 10% weekend gain
While Bitcoin markets are showing signs of strength, altcoins are becoming more interesting as the weekend winds down. Bitcoin encountered resistance at $46,000 on Sept. 12 following a “strong bullish divergence” on lower timeframes. BTC/USD is edging toward higher lows BTC/USD rejected significantly, according to data from Cointelegraph Markets Pro and TradingView, following a local […]