Are the CryptoPunks V1 the original CryptoPunks? Technically, yes. According to LarvaLabs, the company behind the collection, the V1s “are not official Cryptopunks.” How will the market react now that they’re making a resurgence, though? This might be the first, but it’s not the last time you’ll hear about the CryptoPunks V1. Let’s explore their
Ethereum
On Thursday, iconic brick-and-mortar video game retailer GameStop announced a partnership with layer-2 nonfungible tokens, or NFTs, Ethereum (ETH) scaling solution Immutable X to develop GameStop’s upcoming NFT marketplace. GameStop will utilize Immutable’s technology for trading and minting NFTs. We’re thrilled to announce that @Immutable is taking another leap forward in the gaming & blockchain
Nonfungible tokens (NFTs) continue to be one of the hottest sectors of the cryptocurrency market in 2022 despite the overall multi-month weakness seen in Bitcoin (BTC) and other large-cap crypto assets. One project that has benefited from the persistent bullishness in the NFT space is ImmutableX (IMX), a layer-2 scaling solution for NFTs on the
In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens (NFT) collections, announced he would be “taking appropriate steps” in the following days regarding the alleged copyright infringement of “both the art and the CryptoPunks name” of
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and receive crypto between Ethereum, Solana, BSC, Polygon, Avalanche, Oasis, and Terra without the use of a centralized exchange (CEX). This is the
Investment firm ARK Invest has revealed its bullish outlook for bitcoin. It is not the first time that the company would be taking such a bullish stand on the digital asset. But it is the first time that it is putting the price of the cryptocurrency at such a high price point. This comes following
Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the short-term traders. However, in the long-term, large investors seem to be viewing the decline as a buying opportunity. On-chain monitoring resource Whalemap said that whales holding between 100 to 10,000
Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online wallets even more complicated by directly targeting crypto wallets that work as browser extensions such as MetaMask, Binance Chain Wallet or Coinbase Wallet. Named Mars Stealer by its
ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company’s product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to “improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets.” We are
Ethereum rides ahead on the crypto market’s most recent trend to the upside. As of press time, ETH, BTC, and larger cryptocurrencies show signs of recovery with potential for continuation in the short term, if they manage to break above their resistance levels. Related Reading | Ethereum Price Surges 30% Over Last Week Lows, Addresses
The number of Ethereum small-time holders is on the rise. With each passing month, as more investors move into the market, ethereum has snatched some of the largest market shares. This is evidenced in the growth rate of the network, as well as the amount of ETH being held by investors on their balances. This
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave. According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, an executed proposal on Aave, which is built on the Ethereum (ETH) network, was sent to the
Ethereum price has rallied to $2,800, which is the next significant important resistance level. Ethereum’s price has risen by 30 percent from hitting a low of $2,160 barely a week ago. Ethereum Price Targets $3k In the last five days, ETH has closed in the green, reaching the important resistance level of $2,805. (20-day moving
NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists generated at least $1 million in the past 30 days
In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can be traded directly with altcoins
For many years and likely many years to come, bitcoin has been the number 1 digital asset for investors, especially those looking to invest in the long-term. When big money started entering into the crypto space, bitcoin was the first stop before it diversified into other assets. However, as time as gone by and more
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