Over $2B in Ethereum Has Now Been Burned By EIP-1559
About $2 billion worth of Ethereum (603,452 ETH) has now been burned by the Ethereum network, fueling the furnace that’s driven the cryptocurrency to its latest all-time high. Ethereum started…
Uniswap Slumps as Bears Attempt to Sink the Cryptocurrency to $22 Low
The price of Uniswap (UNI) has fallen above $25 support, or the 21-day moving average line, as buyers try to resume a new uptrend. Today, sellers are threatening to push…
Crypto Newbie: How to Tell Between Bitcoin, Altcoins and Tokens?
Although only lazybones haven’t heard of cryptocurrency yet, society generally still lacks awareness about this type of money. Nevertheless, the number of newcomers to the industry grows on a daily…
Polkadot Retraces to $45 Support as Buyers Recoup to Resume Uptrend
Today, the price of Polkadot (DOT) broke above resistance at $45 as the market peaked at $45.74. However, buyers are still struggling to maintain the bullish momentum. Sellers are putting…
Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a…
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also…
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the…
