Tag: ethereum

  • Ethereum More Resistant to 51% Attack Than Bitcoin, Says Researcher Justin Drake

    Ethereum More Resistant to 51% Attack Than Bitcoin, Says Researcher Justin Drake

    Ethereum researcher and Merge architect Justin Drake has claimed that launching a 51% attack on Bitcoin would be significantly cheaper than on Ethereum. According to Drake, such an attack on Bitcoin could cost as little as $10 billion, compared to much higher costs associated with Ethereum’s proof-of-stake (PoS) network. Cost of a Bitcoin Attack ‘Much…

  • Ethereum Faces Crucial Challenge to Attract Young Developers

    Ethereum Faces Crucial Challenge to Attract Young Developers

    The Ethereum community has received an important warning highlighting concerns about its future. Jacob Franek, co-founder of Alliance, emphasized that Ethereum’s current investment strategy is not producing effective results. He contended that the community’s excessive focus on hackathons and neglect of user experience is undermining Ethereum’s competitiveness. Noting that the younger generation values speed, simplicity,…

  • Ripple moves 500M XRP worth $1.1B as market eyes $2.30 resistance

    Ripple moves 500M XRP worth $1.1B as market eyes $2.30 resistance

    Ripple moved 500 million XRP, valued at around $1.1 billion, sparking fresh speculation across the crypto space.  The transfer, flagged by blockchain monitoring service Whale Alert on May 2, initially sparked speculation of a large-scale dump. On-chain data, however, indicates that it was not a transfer to external wallets but rather a part of Ripple’s routine monthly…

  • Bitcoin Nears $90K: Will Bulls Break Through?

    Bitcoin Nears $90K: Will Bulls Break Through?

    Bitcoin’s rally to $89,000 has reignited market optimism, but stiff resistance at $90,000 poses a challenge for the cryptocurrency’s upward momentum. Analysts highlight key price levels and market behaviour that will determine the next move. Bitcoin Rallies to $89K, Faces Resistance Bitcoin surged past $89,000 on April 22, reaching its highest level since early March.…

  • WLFI Faces $125M Loss Amid Ethereum Sell-Off and Market Turmoil

    WLFI Faces $125M Loss Amid Ethereum Sell-Off and Market Turmoil

    World Liberty Financial (WLFI), the DeFi project partly owned by former U.S. President Donald Trump’s family, has made headlines after selling a portion of its Ethereum holdings. This move reflects the broader market struggles and raises questions about the project’s financial strategy. Ethereum Sell-Off Highlights Mounting Losses Blockchain analytics from Lookonchain revealed that WLFI sold…

  • Crypto Liquidations Hit $450M as Market Swings on U.S. Tariffs

    Crypto Liquidations Hit $450M as Market Swings on U.S. Tariffs

    The crypto market saw $450 million in liquidations as Bitcoin, Ether, and XRP reversed gains following heightened U.S. trade tariffs. Both bulls and bears faced heavy losses amid increased volatility, reflecting uncertainty across global markets. Tariffs Trigger Market Chaos Former U.S. President Donald Trump imposed fresh tariffs, including a 25% levy on auto imports and…

  • Crypto Market Suffers $659 Billion Loss: Ethereum and Solana Lead Decline

    Crypto Market Suffers $659 Billion Loss: Ethereum and Solana Lead Decline

    The crypto market has experienced a significant downturn, with the top five cryptocurrencies shedding $659 billion since their 2025 peak, according to a detailed analysis by Cryptoquant. Here’s a closer look at how major digital assets have performed in this challenging market environment. Ethereum and Solana Bear the Brunt Ethereum (ETH) and Solana (SOL) have…

  • Crypto Equities Drop as Bitcoin Dips Below $81K

    Crypto Equities Drop as Bitcoin Dips Below $81K

    Bitcoin tumbled to a low of $80,226, triggering a widespread downturn across the crypto market. Leading altcoins also registered steep losses, deepening concerns among investors. The decline comes amid broader market fears, with potential tariffs from former U.S. President Donald Trump weighing on risk assets like crypto and equities. Crypto Stocks Take a Hit The…

  • Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    The cryptocurrency market took a severe hit, shedding $300 billion in value after Donald Trump’s new tariffs on China, Mexico, and Canada spooked investors. Bitcoin (BTC) tumbled nearly 10%, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP saw double-digit losses. The sharp downturn erased gains from Monday’s rally, which was fueled by optimism…

  • Ethereum Foundation Deploys $120M to DeFi Platforms, Earning Community Praise

    Ethereum Foundation Deploys $120M to DeFi Platforms, Earning Community Praise

    The Ethereum Foundation has allocated $120 million worth of Ether (ETH) to decentralised finance (DeFi) protocols, marking a significant shift in its financial strategy. The move, which saw 45,000 ETH deployed across Aave, Spark, and Compound, has been widely welcomed by the community, particularly as it reduces the need for the foundation to sell ETH…