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ETH Poised for a Large Move Following Successful Defense of $3K Level: Ethereum Price Analysis
Ethereum’s price has been correcting over the last few weeks following a decisive rejection from the $4,000 resistance level back in March. Yet, the market might be about to make a U-turn. Ethereum Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been forming a large descending channel pattern […] More
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EY Launches Ethereum-Based OpsChain Contract Manager for Business Contracts
Ernst & Young (EY) has launched OpsChain Contract Manager (OCM), an Ethereum solution that leverages zero-knowledge proofs technology. The solution will help private businesses efficiently manage and execute intricate business agreements while ensuring confidentiality, timeliness, and cost-effectiveness. EY Launches the OpsChain Contract Manager EY, one of the top “big four” accounting firms alongside Deloitte, KPMG, […] More
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Ethereum Poised to Retest $3.5K as Bullish Sign Reappear (ETH Price Analysis)
After experiencing a rapid downturn, Ethereum has found itself supported by a substantial zone, comprising the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. Consequently, a bullish rebound is anticipated in the medium term. By Shayan The Daily Chart A thorough examination of the daily chart reveals an […] More
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Ethereum Network Generated $370M in Profit in Q1, as ETH Reclaims $3K
It may sound counter-intuitive that a decentralized network can generate a profit, but that is exactly what Ethereum has done so far this year. According to an April 18 Token Terminal report, the Ethereum blockchain generated a $369 million profit in the first quarter of 2024. If this level of profit is sustained, the blockchain […] More
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Ethereum layer 2 Scroll unveils loyalty program to reward early adopters and active users
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do […] More
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Hedgey Finance hacked for $44.7m on Arbitrum, Ethereum
On-chain token infrastructure provider Hedgey Finance suffered two exploits as attackers leveraged a bug in its token claims contract. According to alerts from security startup Cyvers, Hedgey Finance was hacked on April 19 across the Ethereum (ETH) and Arbitrutm (ARB) blockchains. Cyvers reported that the first attack was deployed on ETH’s chain, and hackers stole […] More
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Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows
For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform. This surge in Bitcoin transaction fees has been associated with the growing anticipation surrounding the upcoming halving event and the Runes upgrade. Bitcoin Fees Surpasses Ethereum for 4 Consecutive Days […] More
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Live from TOKEN2049: Telos announces Ethereum Layer 2 partnership with Ponos Technology
Telos has revealed the details of a new partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network Plans for the new network were officially unveiled live today at TOKEN2049 in Dubai, where Telos is a title sponsor TOKEN2049 is one of the world’s top crypto events, bringing together 10,000 attendees from more […] More
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in Ethereum News, News
Telos Partners with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network
[PRESS RELEASE – Dubai, United Arab Emirates, April 19th, 2024] The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a […] More
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EY launches new blockchain solution to manage business contracts on Ethereum
Share this article URL Copied EY has launched a new blockchain-based contract management tool, EY OpsChain Contract Manager (OCM), on the Ethereum public chain. The OCM is designed to help businesses execute complex agreements securely, efficiently, and at a lower cost, the company shared in a press release on Wednesday. As noted, the OCM uses […] More
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Token2049: Crypto experts highlight Ethereum blockchain problems
At the Token2049 conference, blockchain experts debated the Ethereum chain’s current problems. Experts from the blockchain industry discussed the latest innovations and development opportunities during a panel discussion at the Token2049 conference in Dubai. The discussion participants also touched upon the Ethereum blockchain, which is considered the dominant smart contract platform. According to the panelists, […] More
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in Ethereum News, News
Worldcoin to launch a new Ethereum L2 network dubbed “World Chain”
Worldcoin will unveil the new blockchain “World Chain” in the summer. World Chain is an Ethereum L2 chain that will integrate with WLD and World ID. Worldcoin is set to launch a new blockchain dubbed “World Chain”, according to an announcement on Wednesday, April 17. The price of WLD, the native Worldcoin token rose slightly […] More