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September 2022

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How did Lido Finance [LDO] do, before and after Ethereum’s Merge

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance. Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% of the total ETH staked in […]

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Centralization Fears Mount as Over 80% of Ethereum Blocks Were Relayed by Flashbots

In Brief Flashbots have relayed over 82% of Ethereum’s block post-merge. Santiments data also showed that over 45% of ETH transaction were processed by two wallets. The crypto community had extensively debated centralization fears before the Ethereum completed its PoS migration. Data from mevboost.org shows that over 80% of Ethereum relay blocks were built by Flashbolts, raising

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The US DoJ Established a Unit of Prosecutors to Limit Crypto Crime

The DOJ doubled down on its efforts to crack down on criminals that employ digital assets by forming “National Cryptocurrency Enforcement Team.” The Department of Justice (DOJ) of the United States created a unit consisting of over 150 federal prosecutors whose goal will be to combat cryptocurrency-related criminal activities. In addition, the government plans to

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Research: Bitcoin HODL waves show that this cycle is completely the same as all others

The HODL waves metric is a chart that groups Bitcoin supply in circulation into different age bands and the changes in these age bands over the years. A look at a graph of Bitcoin’s (BTC) price performance in the past few months will show a see-saw chart, but with significantly more downs than up. While

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Influential celebrities that joined the crypto club over the past year

Despite the prolonged bear market and an evident dip in cryptocurrency prices, celebrities continue to pour in support for the crypto market. The inclusive crypto ecosystem has become home to numerous A-list celebrities over the years — primarily driven by the nonfungible tokens (NFT) hype of 2021. However, despite the prolonged bear market and an evident dip

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Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain

Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central bank’s sandbox helps to ensure that fintechs will continue to innovate and adhere

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“Savers Are Losers”, Invest in Bitcoin Says Rich Dad Poor Dad Author Robert Kiyosaki

TL;DR “Savers are losers,” states Rich Dad Poor Dad author Robert Kiyosaki on his official Twitter account @therealkiyosaki Mr. Kiyosaki has noted that such market crashes will make savers the biggest losers. Mr. Kiyosaki has previously predicted that Bitcoin might find a bottom at $17,000 or $11,000. Robert Kiyosaki, the author of the popular book Rich Dad Poor

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XRP Suddenly Jumps 8%, Here Is Striking Thing About This Latest Price Increase

The XRP price suddenly rose 10%, outperforming the top 10 cryptocurrencies in gains. At the time of publication, XRP was changing hands at $0.354, up 8% in the last 24 hours. In a surprising move, XRP rose from a low of $0.321 to reach a high of $0.358 on Sept. 16. CryptoLaw founder John Deaton highlights a

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Here’s How Much It Costs To 51% Attack Bitcoin (BTC)

Contents $752,000 per hour for 51% attack: Is it worth it? 80% of Bitcoin (BTC) hashrate is controlled by five pools Bitcoin (BTC), the largest blockchain by capitalization and hashrate, is often referred to as the most secure decentralized system ever. Here is why it is almost impossible to 51% attack it. $752,000 per hour for 51%

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Yuga Labs Hires Chief Gaming Officer to Further Web3 Gaming Push

Yuga Labs has hired Spencer Tucker as its first Chief Gaming Officer, the company behind the Bored Ape Yacht Club NFT collection announced Friday. At Yuga, Tucker will supervise the development of the firm’s Web3 gaming projects, starting with Yuga’s “Otherside” metaverse. Earlier this year, Otherside made waves on Ethereum when it saw a massive surge of transactions and $561 million worth of NFT land sales within

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