MakerDAO [MKR] has claimed that the much-anticipated Ethereum [ETH] Merge could do more harm than good to its network.  Maker, the builder of the stablecoin – DAI – explained the implications of the Merge in a 22-tweet long thread on 5 July. Now, of course the Proof-of- Work (PoW) to Proof-of-Stake (PoS) transition was supposedContinue reading “Might MakerDAO risk market decline due to Ethereum’s Merge”

Over the last few weeks, Bitcoin [BTC] has maintained a solid position over shorts. In fact, this strength was enough to send BTC to $24,000 and keep it above $20,000 for most of July. Things might have, however, taken a new turn. CryptoQuant analyst Ghoddusifar believes that BTC’s price could decrease because of the sellingContinue reading “Will it or will it not? How well can Bitcoin [BTC] resist the selling pressure”

Across the entire crypto-market, Algorand [ALGO] was one of those that failed to register a massive uptick in July. ALGO relatively underperformed compared to protocols like Cardano [ADA] and Solana [SOL]. As per CoinMarketCap, ALGO’s highest price level was $0.37, after a low of $0.30 on 13 July.  Now, a report by Kraken Intelligence hasContinue reading “Algorand [ALGO]: Assessing if investors should expect better in August”

A cybersecurity company has issued alerts regarding a fresh phishing campaign. One that is going after users of the well-known cryptocurrency wallet – MetaMask. The ongoing phishing campaign used emails to target MetaMask users and deceived them into disclosing their passphrase. This, according to a blog post by Halborn’s Technical Education Specialist Luis Lubeck. ToContinue reading “Security firm warns against phishing campaign targeting MetaMask”

Cryptocurrency markets across the globe have crashed to a new low as of 18 June 2022. The market capitalization of global crypto fell below the $1 trillion mark to rest at $844.17 billion, at press time. The price of almost every top coin is worth half or even less than their all-time highs. Dogecoin (DOGE)Continue reading “DOGE, Shiba Inu, and LINK Price Analysis: 18 June”

It is no secret that NFTs have taken the crypto world by storm. From fads to outright scams, NFTs have been pretty much-called everything. However, the NFT craze has given the world works of digital art that have been sold for million with pieces featuring the famous “Bored Ape Yacht Club”, a collection of catContinue reading “The A to Z of Sartoshi’s exit from ‘mfers’ and what it could mean for community”

It is no secret that cryptocurrencies have taken the world by storm. With a good section of the population invested in this world, crypto is on its way to becoming a mainstream payment method. However, along with global acceptance comes an alarming frequency of scams. According to a report by the Federal Trade Commission, overContinue reading “>$1B in losses – The many ways people are falling victim to crypto-scams”

The SEC VS XRP lawsuit just keeps getting interesting with every passing day. In the latest turn of events, SEC has requested for an extension of time to file its Objection to Magistrate Judge Netburn’s Ruling on the motion for reconsideration of the DPP ruling. Yet another extension In a letter dated 15 April, theContinue reading “Ripple vs SEC: Watchdog files for another extension as Ripple CEO stays positive”

The Ethereum mainnet is expected to soon “merge” with the beacon chain proof-of-stake system, thus ending proof-of-work for the ETH blockchain. Mainnet will bring the ability to run smart contracts into the proof-of-stake system, plus the full history and the current state of Ethereum, to ensure that the transition is smooth for all ETH holdersContinue reading “‘ETH also has the potential to go five-figure asset post the merge’”

Progress has often been met with resistance, even when it comes to technology. The same can be said about blockchain and cryptos, with the SEC v. Ripple case a perfect illustration for some. The defendants in this lawsuit are among those who believe that the United States’ management of this asset class is pulling itContinue reading “SEC v. Ripple & XRP – All about the full scope of this ‘misguided’ lawsuit”