Post-Merge Ethereum has become obsolete

    Staked ETH is more capital efficient and profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity, writes Sam Forman on Cointelegraph. For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital…

    The Ethereum Merge just happened: What does that mean for investors?

    Investors should take note of some of Ethereum’s core traits that just changed — Christopher Robbins describes them on CoinDesk. Ethereum has been getting ready to “merge,” creating temporary disruptions in some crypto trading and potentially new opportunities for investors. Now the Merge has finally happened. But what does it really mean? In simple but…

    Downfall in crypto over poor CPI readings causes above $250 million in futures losses

    Bitcoin and Ether fell below recent support levels in the past 24 hours – BTC fell about 9%, while ETH dropped 6% – which caused over $250 million in liquidations. The crypto market drop followed the decline in US stocks after higher-than-expected inflation readings for August. According to data, futures tracking Bitcoin lost upwards of…

    FBI and Chainalysis recover $30 million stolen hackers from Axie Infinity
    11 Sep 2022
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    With the help of blockchain analysts firm Chainalysis, FBI agents seized $30 million worth of crypto stolen by the North Korean threat group Lazarus from the token-based play-to-earn game Axie Infinity. Hackers stole over $600 million from Axie earlier this year. The news was announced during the AxieCon event on Sept. 8, where the hosts…

    Blockchain developer activity has dropped over 26% in three months

    Over the last three months, the activity of its blockchain developers has decreased by more than 26% in weekly active developers, a recent data analysis from Artemis revealed. Crypto researchers suggest that this is attributed to the departure of “tourist investors” and “tourist builders” that would give real builders to get real work done. A…

    Cornell Tech professor: NFTs can and will be so much more

    Written off by some as a big bubble, non-fungible tokens represent a step change for forgery management, royalty payments, and identity, Ari Juels, professor at Cornell Tech says on CoinDesk. If you stop people on the street and ask what they think non-fungible tokens (NFT) are all about, what will you hear? Something about outlandish…