Category: ETH


Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies


Youth Fashion Retail Chain Pacsun Now Accepts 11 CryptocurrenciesOn October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards cryptocurrency.” Pacific Sunwear of California Goes Crypto The American retail clothing brand, Pacific […]


Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%


Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum's TVL Dominance 69%While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from $171 billion. Defi Tokens Skyrocket, […]



Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese


Survey Shows 64% of Britons Believe Crypto Is 'Not a Safe Investment,' Respondents Think Ethereum Is a Drug, Cardano Is CheeseWhile there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders of Crypto Surveys Hundreds of Britons, […]




Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US


Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the USA recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency […]


Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals


Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report RevealsCryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker Suex Processed $370 Million of […]





Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion


On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in a Multi-Chain Market Structure’ […]


Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion


On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K Ether Burned Following EIP-1559 More than a billion dollars worth of […]


Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper


Ethereum Transfer Fees Drop from Recent Highs, L2 ETH Solutions Between 46-97% CheaperAt the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees have subsided to a […]


Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs


Grayscale's BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFsOn Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin […]


Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset


After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K Crypto advocates […]


ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow


ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools GrowThe Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In the early days, the Ethereum (ETH) protocol was […]


Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%


Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover which to many means the overall market outlook looks […]


Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell


Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps SwellWhile bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between 39.99% to 41.52%. Meanwhile, as […]


From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years


From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Crypto Market Cap Shifts Over 2 YearsWhile the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things have also changed a great deal […]




NBA’s Dallas Mavericks’ Shop to Give Rewards to Customers Paying With Dogecoin and Other Cryptos


NBA's Dallas Mavericks' Shop to Give Rewards to Customers Paying With Dogecoin and Other CryptosThe professional basketball team owned by the billionaire Mark Cuban, the Dallas Mavericks, announced “Mavs Cryptomania,” which gives Dallasmavs.shop customers a $25 e-gift card if they pay with cryptocurrencies like bitcoin, ethereum, bitcoin cash, and dogecoin. The Mav’s owner has been a big proponent of crypto assets and the Mav’s was the first NBA team […]


More Zimbabwean Artists Pivot to NFTs as Bubble Concerns Grow


A Zimbabwean artist, Greatjoy Ndlovu, joined the growing list of African artists pivoting to the non-fungible tokens (NFT) market after his digital artwork was sold for 0.7 ethereum. The sale, which took place on the Async Art NFT marketplace, is Ndlovu’s first foray into the digital art space. NFTs an Opportunity for African Artists According […]