A recent study from the University of Cambridge has revealed that the Ethereum blockchain’s greenhouse gas emissions, prior to its major software upgrade in 2022, were comparable to the yearly emissions of Honduras. High Energy Consumption of Blockchains Blockchains, the foundational technology behind cryptocurrencies, are known for their significant energy consumption due to coin production...
Ethereum
Yuga Labs and Magic Eden are teaming up to introduce a new Ethereum marketplace for NFTs with strong focus on enforcing royalties
Yuga Labs, the company responsible for the creation of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), has teamed up with Magic Eden, an NFT marketplace based on Solana, to launch a new Ethereum-based marketplace before the year ends. Learn more: Yahoo.com
‘Staggering’ $300 Billion Prediction Reveals Potential Bitcoin Price Peak After Huge Crypto And Ethereum Boom
Bitcoin, ethereum and other major cryptocurrencies have seen a spectacular recovery this year (though ethereum’s founder has issued a stark warning over crypto’s “next bull run”). The bitcoin price has topped $30,000 per bitcoin for the first time since last summer while ethereum has surged to over $2,000 per ether as upgrades fuel a price...
Staking Platform Tokens Rise in Price after Ethereum Update Date Announced
Staking platform tokens rose in price after the announcement by Ethereum developers that the long-awaited Shapella update is scheduled on the main network on the night of April 12-13. The rates of management tokens of DeFi protocols that provide the liquid staking service (“liquid staking”) increased by more than 10% over the day. According to...
Binance and Four Other Crypto Exchanges Announced the Imminent Listing of the Arbitrum Token
Binance and four other exchanges announced the listing of the native token of the Arbitrum project and the start of trading after the airdrop planned by the developers on March 23. On the largest crypto exchange, Arbitrum (ARB) spot trading will be available in pairs with Bitcoin and Tether (USDT). In addition, the exchange will...
Bitcoin Hits $28K, Updates Its Maximum since June 2022
The bitcoin exchange rate has exceeded $28.000 and has updated the maximum since June 11, 2022. According to CoinGecko, on the evening of March 19, the value of the first cryptocurrency reached $28,509. Over the past 24 hours, the price of BTC has increased by 2%. The market capitalization of the first cryptocurrency is $535...
Snoop Dogg Revealed as Co-founder of WEB3-Powered Livestream Platform
American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called “Shiller” — adding to yet another Web3 partnership for the well-known hip-hop artist. The app is described as a “live broadcast platform” that aims to combine Web3 technology with real-time live-streaming content. The rap...
Ethereum Staking Unlock Postponed to April
Staking Ethereum coins will not unlock until April at the earliest. During the discussion of the Shanghai hard fork on March 2, which was attended by all the main developers of the network, it was decided that the update, after which the withdrawal of locked tokens will become available, will occur at the earliest in...
The Purchase of Ethereum in 2014 Brought the Co-founder of Reddit 548,000% Profit
Investments in Ethereum by the co-founder of the Reddit social network Alexis Ohanian have grown by 548,566% since he invested in altcoin in 2014. In an interview with Forbes, he said that he spent $ 15 thousand to buy 50 thousand. ETH at a price of $0.3 per coin. At the rate of February 22,...
Web3 Game Worldwide Webb Raises $10 Million From Pantera Capital
Investment firm Pantera Capital has invested $10 million in massively multiplayer online role-playing game Worldwide Webb in its Series A funding round. Launched in 2020, Worldwide Webb offers a compatible Massively Multiplayer Online Role Playing Game (MMORPG) where players can use their own NFTs from multiple blockchains to use as avatars to participate in battles,...