Arbitrum and Optimism, the first rollups to launch, were welcomed with open arms by an Ethereum community desperate for a more usable blockchain network, and it was hoped that Ethereum app builders would move en masse to their cheaper shores rather than leave the ecosystem altogether in favor of newer blockchains (e.g., Solana) or less-secure sidechains (e.g., Polygon). Source link

On Wednesday, major cryptocurrencies were trading in the green during the Asian session, as the global crypto market value climbed 0.20% over the previous day to $918.72 billion. In contrast, the total crypto market volume fell 8.20% in the last 24 hours to $49.50 billion. The overall volume in DeFi was $3.14 billion, accounting for 6.35% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was… Source link

The global crypto market has seen a positive change due to the bullish trend. The recent changes show that the market likely has a chance to grow in value. The last day wasn’t good for the market as its value continued to lower. The ongoing situation has brought significant changes to the value of Bitcoin, Ethereum, and others. The recent bearish wave would have affected them further if the depreciation had continued. There is a need for the continuation of the bullish trend if the market… Source link

PoS Meets ESG as Utility Embraces Minimal Carbon Footprint In a surprising development given government skepticism toward cryptocurrencies, Electricite de France, the French state-owned energy supplier, is operating  more than 150 Ethereum nodes, according to a report from The Big Whale, a web3 news outlet. One of EDF’s subsidaries, Exaion, operates around 10 nodes for itself, and more than 140 nodes on behalf of its customers. The Big Whale report said the unit also validates 150 more… Source link

News Home Tuesday, October 11, 2022 04:26 PM | InvestorsObserver Analysts InvestorsObserver gives Monero an average long-term technical score of 48 from its… Source link

A note of caution, however, can be gleaned from derivatives markets. Specifically, there has been an uptick in the open interest for puts at the $19,000 strike price. Additionally, the put/call ratio for BTC has increased, indicating that traders are purchasing additional downside protection. Source link

Or take the example of PayPal. For risk-averse shoppers, the ability to dispute and reverse PayPal transactions is a helpful feature. But it has given rise to all sorts of PayPal fraud. In a PayPal overpayment scam, for instance, a scammer takes advantage of PayPal’s dispute system to overpay a seller for something, then asks the seller for a refund of the excess. After the overpayment is returned, the scammer asks PayPal to reverse the original transaction. The seller effectively loses the… Source link

Bitcoin cannot be created at the whim of some centralized power, taking away the ability of governments to spend wantonly. It may sound utopian, but once humanity evolves to a Bitcoin standard the government-created boom-bust cycle, constant inflation and ability to fund wars will be things of the past. Source link

A visual representation of the cryptocurrency Bitcoin on December 12, 2017 in London, England. Jordan Mansfield | Getty Images Bitcoin on Tuesday floated at the $19,000 level, where it has remained for about a month with some momentary breaks. The largest cryptocurrency by market cap, whose volatility has been uncharacteristically low in recent weeks, was last lower by 0.7% at $19,074.31, according to Coin Metrics. Ether fell 1.6% to $1,286.74. Crypto prices remain depressed, with bitcoin off… Source link

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