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Ethereum
New wallet uses Amazon hardware security modules to eliminate seed words
A new crypto wallet has just launched in Apple’s App Store store that uses Web2 trickery to ensure users don’t need to interact with seed phrases or…
Human ID project ‘Worldcoin’ launches gas-free wallet only for humans
Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to…
Aave v3 launches on Ethereum layer-2 network Metis
Decentralized liquidity protocol Aave has deployed on Ethereum layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and…
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR).According to an…
Ethereum validators earn a record $46M as staking rewards rate surges
Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield.…
Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees
Ethereum layer-2 blockchain Arbitrum will distribute Ether (ETH) worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project…
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
After a brief overshoot above $2,000 on May 6, the Ether price has returned to a tight range between $1,820 and $1,950, which has been the norm for the past three…
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
On May 6, Ethereum Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential…
DEUS Finance loses $6M following stablecoin hack
Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the…
What is profit and loss (PnL) and how to calculate it
Anyone who has dealt with trading in traditional finance is likely to be aware of profit and loss (PnL). But is PnL in the cryptocurrency world the same? The…