Author: NBTC
One of the biggest players in the blockchain sector, Blocknative, is increasingly stepping up to combat the MEV concerns within the Ethereum ecosystem. A persistent problem for the decentralized ecosystem is MEV, which is an act by miners to rearrange transactions to obtain maximum profits. With their focus on solving MEV risks for Ethereum, Blocknative has led the way in developing such solutions. This article will discuss blockchain’s latest strides in the fight against malicious extraction value (MEV) and its importance in the Ethereum and Defi space. Ethernow.xyz Tool Ethernow.xyz is the most contemporary real-time explorer changing blockchain visibility. Ethernow.xyz…
Bitcoin is back from slumber, and it now means business. That is, there has to be a rise in the valuation of its token, no matter how high it goes. BTC is trading at $41,644.83 at the time of articulating this piece. Speculation around two crucial aspects, namely Spot Bitcoin ETF and Bitcoin Halving, is credited for the rise. The US SEC has shown positive signs of approving all the applications together in early 2024. The industry expects to receive approvals by January 10, 2024. This would legitimize Bitcoin and enable a higher flow of capital in the network. Thereby,…
Last week, a Bitcoin developer Luke Dashjr raised alarm about a possible vulnerability in the network in relation to the Bitcoin Ordinals that could lead to a code exploit. After posting his findings to social media, Dashjr’s warnings were not taken seriously as community members believed it was a non-issue. However, the US government seems to be taking the vulnerability seriously, adding it to its vulnerability database. Dashjr’s Finds Vulnerability In Bitcoin Network Dashjr had first raised alarm about the bug in the Bitcoin network on December 6 through an X (formerly Twitter) post. As the developer explains, this…
The flagship cryptocurrency, Bitcoin, is currently flying high on the back of potential approval of the pending Spot Bitcoin ETF applications in January. However, this upward trend could cool off as this prominent crypto analysis platform outlined key events that are set to happen this week. “Huge Week Ahead” For Bitcoin In a post shared on their X (formerly Twitter) platform, The Kobeissi Letter noted that the November CPI Inflation data is coming in this week. Specifically, it is set to be released on December 12. Meanwhile, The Federal Open Market Committee (FOMC) is scheduled to meet on December 12…
The extradition of disgraced Terra (LUNA) founder Do Kwon to the US and South Korea has been accredited by a courtroom in Montenegro. In a brand new press launch, the Increased Court docket of Podgorica has dominated that the authorized necessities wanted for extraditing Kwon to the US and South Korea have been met. “It was established that the authorized conditions for the extradition of the citizen of the Republic of South Korea, the defendant KDH (Do Kwon), have been met, on the request of the Ministry of Justice of the Republic of Korea dated March 29, 2023… The identical…
KuCoin Labs, KuCoin’s investment wing, intends to make a prudent investment in Dovi. This demonstrates its awareness of the Bitcoin ecosystem and its long-term commitment to blockchain technology. Dovi is involved in setting up inventive services for Bitcoin Layer 2 and has plans to maximize user exposure and transaction effectiveness in the BTC ecosystem. The investment that KuCoin Labs intends to make can be interpreted as an endorsement of Dovi’s prowess and an important development within the Bitcoin ecosystem. In the words of the Head of KuCoin Labs, Lou Yu, the company will support Dovi in every aspect of growth,…
The Ethereum price has been among the worst hit in the flash crash that took place on Monday. The crash sent the asset’s price down below $2,200 for the first time in the last week and has continued to trend low around this point. As the market shows a bit of recovery momentum, questions remain about what could have triggered the crash. Ethereum Price Fell Because Whales Have Been Selling One of the most obvious causes of the flash crash that affected the Ethereum price is the fact that large holders have been selling. This month, ETH hit its highest…
Bitcoin’s historic rise can be traced back to how it has gained momentum in the last 12 months. The token is up by 144.69% at the time of drafting this article, with speculation that BTC would soon surpass the $65k mark. However, it is subjected to a volatility factor, which adds worries to investors irrespective of their original goals. BTC’s price was dancing around $44k, but it is now down to around $42k. Although this development does not impact long-term accumulators, short-term traders are undoubtedly examining their graphs to determine the break-even point and the time required to execute a…
Over the past 24 hours, the cryptocurrency market has witnessed Bitcoin consolidating its position in the digital financial space. Amidst a wider cryptocurrency selloff, Bitcoin offered yet another example of its infamous volatility, plunging sharply toward the $40,000 region. The leading cryptocurrency saw an 8% decline to $41,900 before reversing part of the losses and opening Monday’s trading 5% down at $42,090. Bitcoin Momentum Could Lose Steam CoinGecko’s price updates show that Bitcoin has only shown slight variations over this period, indicating that it is in an equilibrium phase after its recent price spikes. The subtle fluctuations in the price…
In this exploration, we tackle the critical question: Will Ethereum recover? We’ll look at Ethereums future and analyze ETH’s present market status, potential for resurgence, the anticipated impact of the progress on Ethereum 2.0, and share expert price predictions. Will Ethereum Recover? Analysis The question “Will Ethereum recover?” depends on numerous factors. As of November 2023, Ethereum has shown signs of rebounding from its 2022 lows, suggesting a potential bottoming out. Key developments like the transition to Proof-of-Stake and the introduction of EIP (Ethereum Improvement Proposal) 1559, launched all the way back in August 2021, which brings deflationary pressure on…