Tags : ETH

Cryptocurrency

Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000)

Abstinence from DeFi is ‘not an possibility,’ states founding father of Polygon-based QuickSwap Sameep Singhania is a blockchain and software program engineer, who has labored on a number of tasks, together with Bonded Finance and ParaSwap, however hit the DeFi nail on the pinnacle when he and his workforce, annoyed by the rising Ethereum (ETH) […]Read More

Cryptocurrency

Ethereum (ETH) miners are HODLing virtually $2 billion in mining

Ethereum (ETH) miner balances proceed growing, because the metric reached a 50-month excessive, in line with a conduct evaluation platform Santiment. The on-chain and social metrics evaluation supplier identified that the quantity of Ethereum held by miners reached the best stage since July 2016.  Miners hoarding virtually $2 billion value of ETH  The quantity of […]Read More

Cryptocurrency

Traders bullish as Ethereum (ETH) settles $6.2 trillion in transactions

In accordance with knowledge evaluation agency Messari, Ethereum settled $6.2 trillion during the last twelve months. Extra spectacular is that this determine is up over 350% in comparison with the earlier twelve-month interval. Supply: @RyanWatkins_ on Twitter.com Messari Researcher Ryan Watkins signed off the tweet saying, “[it’s] in all probability nothing.” “Prior to now 12 […]Read More

Altcoin

EIP Implementation Would Have Resulted in Burning Almost 1M ETH

If carried out, a much-discussed Ethereum Enchancment Proposal (EIP) would have resulted within the burning of just about one million Ether (ETH) in 2020, based on data printed by Spencer Midday of crypto funding fund DTC Capital, on Oct. 16. It will have additionally alleviated these huge spikes in fuel costs. The Ethereum Enchancment Proposal […]Read More

Cryptocurrency

Over half a billion {dollars} price of Ethereum (ETH) are

Half a billion {dollars} price of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after final month’s Ethereum Enchancment Proposal (EIP)-1559, knowledge from a number of sources present. The EIP-1559, an improve designed to enhance pricing mechanisms by together with a fixed-per-block community payment that’s burned, went reside final month […]Read More