Starknet’s STRK token drops as Nethermind and airdrop hunters dump millions
    22 Feb 2024

    The two-day-old token of Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Nethermind and airdrop farmers dumped millions of dollars worth of the airdropped token. Starknet’s (STRK) price has dropped nearly 60% and is trading under $1.90 from a Feb. 20 top of $4.41, when it was airdropped to…

    Tether won’t confirm or deny if it’s dropping USDT on Tron
    22 Feb 2024

    Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph…

    CBDCs: User privacy problem or currency of the future?
    22 Feb 2024

    Central bank digital currencies (CBDC) have received quite a bit of attention in recent years, sparking a fierce debate about the benefits and possible drawbacks of the technology. A digital form of a country’s fiat currency, CBDCs are centralized and backed by a nation’s central bank. In contrast, cryptocurrencies like Bitcoin are decentralized and not controlled…

    Hopefuls call for ‘altseason’ led by Ether rally, analysts not so sure
    20 Feb 2024

    The cries are loudening for a potential “altseason” as Ether approaches the $3,000 level; however, analysts have cautioned it may not come so soon. On Feb. 19, Ether prices hit an intraday and 22-month high of $2,980. The last time the asset traded above $3,000 was in April 2022. The price movement has seemingly led many…

    Starknet user numbers plummet as dissatisfaction grows over token drop
    20 Feb 2024

    Starknet’s active users have dropped significantly over the past seven days amid growing grievances over its Starknet Provisions Program airdrop. The Ethereum layer-2 blockchain’s active users climbed from under 20,000 on Feb. 9 to a nearly three-month high of over 220,500 on Feb. 14, Starkscan data shows, as users and airdrop farmers flocked to the network hoping to get…

    2024 will be the Ethereum network’s biggest year in history
    20 Feb 2024

    2024 has everything to be the biggest year in the history of the Ethereum blockchain. In addition to the possible approval of an Ether spot exchange-traded fund (ETF) in the United States, this year will also mark the network’s first bull cycle since the Merge in 2022. This update makes ETH deflationary during periods of high network use….