News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

The crypto market has been in a state of suspense since BTC had the death cross. As of the time of writing the market fundamentals still intact as the total value of the industry is shuffling between $1.38 billion and $1.3 billion. The current situation with Bitcoin is affecting the entire crypto industry. As a ... Read more

Ethereum May Not Dip As Low As Three Figures- Here Are The Reasons

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Obike Favour

Obike Favour is a crypto news reporter who  is also interested in digital marketing and writing.

As an introvert, she spends most of her time surfing the Internet for new ideas that will help her succeed in the digital world.

American TV personality and CNBC Mad Money host, Jim Cramer, has recently revealed that he sold a portion of his ETH holdings shortly after the cryptocurrency smashed a new all-time high (ATH) on Tuesday.  According to a CNBC report, Cramer said that he had initiated the transaction so that he could set aside some money ... Read more

Mad Money Host Jim Cramer Sold Some ETH To Buy Electric Hummer

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WilfredMichael

Treasure Samuel

Co-founder of capital firm, Initialized Capital, Garry Tan believes that the second largest cryptocurrency by market cap is heading towards the $10,000 price mark. Tan, 40, an early Coinbase investor who invested in the cryptocurrency exchange about eight years ago, said this in a live interview with CNBC. &#8220;Ethereum is headed to $10k, I&#8217;m really ... Read more

Early Coinbase Investor Says Ethereum (ETH) is Going to $10K

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Crypto Exchange News

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Lele Jima

Lele Jima is a writer by heart and a crypto enthusiast. He has been a writer for over two years.  So far, he has written on topics that cut across various industries ranging from fintech to ICT.  He hopes his words bring the desired change we crave for, which is to make the world a better place.  His pen is his might, and the sky, his starting point.

China-based photo editing software maker Meitu Inc. is the latest corporation to allocate part of its cash reserve to cryptocurrency investments.  According to a CNBC report today,  the firm said it had acquired $40 million worth of Bitcoin (BTC) and Ether (ETH).  As per the announcement, Meitu bought 15,000 Ether and 379.1214267 Bitcoins worth around ... Read more

Chinese Software Company Meitu Buys $40M Worth of Bitcoin and Ether

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The world&#8217;s second-largest cryptocurrency by market capitalization, Ethereum (ETH), has reached a new all-time high (ATH) today, hitting above $1,437 for the first time. The cryptocurrency, which did not appear to be headed for the milestone, changed hands between $1,200 and $1,300 across several exchanges earlier today. However, it was shocking, to say the least, ... Read more

Ethereum (ETH) Hits New All-Time High Of $1,437 Across Major Exchanges

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Wilfred Michael

While Bitcoin has been grabbing most of the headlines for its amazing price appreciation this year, Kraken CEO, Jesse Powell believes that Ether (ETH) is another asset that investors should have on their radar. Powell shared his thoughts in a Tuesday appearance on Bloomberg, discussing why Bitcoin is having a stellar year, and why investors ... Read more

Kraken CEO: "Future is Extremely Bright for Ethereum" and Investors Should Pay Attention

Kraken CEO: &#8220;Future is Extremely Bright for Ethereum&#8221; and Investors Should Pay Attention

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On Wednesday, the Ethereum Foundation announced the release of the deposit contract address for the long-awaited Ethereum 2.0. The network is expected to go live on December 1, and those who are interested in becoming validators must deposit 32 ETH (worth $12,900) to the contract address. The network will need a total of 16,384 validators ... Read more

Ethereum 2.0: Here's An Easy Way To Burn Your 32 ETH. Don't Do It

Ethereum 2.0: Here&#8217;s An Easy Way To Burn Your 32 ETH. Don&#8217;t Do It

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The first version of Ethereum&#8217;s long-awaited upgrade to 2.0 will go live on December 1 at 12:00 UTC. The new date was confirmed by the Ethereum Foundation in a blog post today and marks a critical step as the world&#8217;s second-largest cryptocurrency network looks to scale its performance by adopting a proof-of-stake (PoS) mechanism. Until ... Read more

No More Delays! Ethereum 2.0 [Phase 0] Set to go Live on December 1

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DeFi News

The latest DeFi news and updates. Learn how decentralized finance protocols, powered by blockchain networks like Ethereum, is disrupting traditional finance.

Founders of DeFi project CBDAO, erases their website and social media profiles after promising their investors a 30% APR. BREE tokens.

Investors Count Losses: DeFi Project CBDAO (BREE) Pulls The Rug for Over $1 Million in ETH

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Ethereum developers had their workload reduced this week following the addition of Solidity to the GitHub’s auto-language detection library. Developers, thus, no longer have to create a gitattributes file in their source code root directory before they can get highlighting when coding with Solidity. The latest improvement to boost developer productivity was made possible by ... Read more

Ethereum Developers Celebrate as Solidity Gets Native Auto-Detection on Github

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The MetaMask mobile app is set to exit beta mode this week, becoming available for public download for the first time according to a Bloomberg report. The new release is a mobile version of the popular Ethereum-focused wallet and browser extension, MetaMask. With over 400,000 users, MetaMask is arguably the largest used tool for Ethereum ... Read more

MetaMask Mobile App Exits Beta to Further Boost $7.7 Billion DeFi Space

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Ruth Shadrac

Ruth Shadrac is new to the crypto space and finds it very fascinating. She is currently an intern at Coinfomania and hopes to work her way to success.

Since launching in 2016, Ethereum-focused wallet, MetaMask has captured a significant userbase, becoming one of the most widely used tools for interacting with the Ethereum blockchain and decentralized applications on the network. Until now, though, the software was provided for free, and under a permissive MIT license that allowed developers to redistribute MetaMask without a ... Read more

Ethereum Darling "MetaMask" is No Longer Free Software Under New License

Ethereum Darling &#8220;MetaMask&#8221; is No Longer Free Software Under New License

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Earlier this month, the ETH2 development team rolled out the Medalla testnet, marking another vital step towards the final release of the long-awaited improved version of the Ethereum network. Launching testnets allow for developers to find bugs in the software, and engineer fixes before rolling out advanced testnet versions and eventually shipping the final product. ... Read more

ETH 2.0 Medalla Testnet Crashes to Cloudflare-Related Time Bug on Prysm Client

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Guest Author

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Ethereum gas fee has always been a topic for argument among crypto enthusiast. The price that users pay miners for each transaction is the financial incentive for operating the network. While there has been a considerable growth in the blockchain usage in recent months, the transaction volume in the Ethereum network has risen, too. The ... Read more

Ethereum Miners Enjoying Significant Rise in Revenue as Gas Fee Spikes

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Vitalik Buterin says only Ethereum 2.0 will likely resolve ETH supply calculation challenges. Learn what this means for Ethereum...

Vitalik: Only Ethereum 2.0 Will [Probably] Fix ETH Supply Calculation 

Vitalik: Ethereum 2.0 May Finally Fix ETH Supply Issues

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Ethereum 2.0 (eth2) is on its way to final launch and development teams are trying their best for the next milestone in the long-awaited blockchain project. Launching testnets and looking for feedback from developers is one of the essential steps before the final release in most of the blockchain projects. The Ethereum Foundation is taking ... Read more

Ethereum Foundation Launches Eth2 Validator Launchpad for Medella Testnet

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Caroline John

Caroline is a zealous writer who recently picked interest in Bitcoin and the cryptocurrency community. She's always learning about the industry and aims to provide timely and accurate information about the latest developments in the crypto space.

Popular crypto data aggregator CoinGecko has released its Q2 2020 cryptocurrency report, covering the performance of the top 30 crypto assets in the market.  Per the report, Ethereum (ETH), the second-largest cryptocurrency by market cap, gained the highest dominance in the share of the total market cap of all cryptocurrencies in Q2 with a rate ... Read more

Ethereum (ETH) Gained 1.6% of Total Crypto Market Cap in Q2 Alone; XRP Lost 1.3%

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As the Ethereum ecosystem prepares for the launch of Ethereum 2.0 &#8211;  a new phase that will see the adoption of the Proof-of-Stake (PoS) algorithm &#8211; the blockchain&#8217;s developers conducted a review on the Ethereum network performance under the Proof-of-Work (PoW) consensus mechanism.  Even though PoW has been useful for some blockchain networks like Bitcoin ... Read more

Ethereum Developers Examine Proof of Work (PoW) as ETH 2.0 Approaches

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According to data on Ethereum block explorer Etherscan, the daily transaction on the Ethereum (ETH) network exceeded one million in the last 24 hours.  Etherscan revealed that the Ethereum blockchain recorded 1,073,442 transactions over the last 24 hours, showing that the amount of transactions on the network has gained momentum after the market crisis in March.  Before now, ... Read more

DeFi Fuel: Daily Transactions on Ethereum Near 2017 Highs

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The total value of ETH locked in Decentralized Finance (DeFi) applications has once again hit the $1 billion mark, according to live data on DeFi Pulse, an analytics site that provides the latest analytics and rankings of DeFi protocols. DeFi apps are financial products that make use of blockchain technology, digital assets, and smart contracts ... Read more

Total Value of ETH Locked In DeFi Apps Hits $1 Billion

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Consensys and Ethereum co-founder, Joseph Lubin, has lauded the upcoming version of the Ethereum mainnet as the &#8220;next generation&#8221; of what has turned out to be a &#8220;global operating system.&#8221; Lubin shared his thoughts about Ethereum 2.0 in a recent interview with John Lothian, discussing among other things, the upgraded version of Ethereum, and the ... Read more

Joseph Lubin: 'Prime Time' ETH 2.0 Will Increase Scalability by 1000x

Joseph Lubin: &#8216;Prime Time&#8217; ETH 2.0 Will Increase Scalability by 1000x

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With nearly everyone monitoring Bitcoin&#8217;s upcoming halving, derivatives trading platform ErisX has stolen the show by unveiling the first U.S. based Exchange-traded Ether futures contracts according to a Monday announcement by the company. The first-of-its-kind derivatives product approved by the U.S Commodity Futures and Trading Commission (CFTC) is set to give both individual and institutional ... Read more

The First U.S Based Ether (ETH) Futures Contract Was Just Launched by ErisX

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PayPal disables payments for RealT, an Ethereum-based platform. Explore why this happened and its impact on crypto adoption.

Why Crypto? PayPal Strikes Again; Disable Payments For Ethereum-Based RealT Platform

PayPal Blocks Payments for Ethereum-Based RealT Platform

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Blockchain News

Read all the latest news about blockchain technology and how it is leading reformation across several industries including Fintech.

One of the most common arguments against Ethereum as a decentralized blockchain network is the fact that a majority of Ether (ETH) supply is being controlled by a few minorities who participated in the project&#8217;s initial coin offering (ICO) in 2014. A new study of the top 10,000 ETH addresses by Adam Cochran, Partner at ... Read more

New Study Shows 17% of ETH is Held by Just 10 Addresses, but the Coin is Evenly Distributed

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Popular Bulgaria-based cryptocurrency lending and savings platform, Nexo Finance has come under fire for allegedly defrauding its community of users in the aftermath of the massive crypto market decline on March 12 and 13. The allegations are in respect to liquidations on users&#8217; accounts as a result of some cryptocurrencies losing up to 90% of ... Read more

Crypto Lender, NEXO Accused of $10M+ Unjust Liquidations Amid March Crash [UPDATED]

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Popular social media platform, Reddit has launched a new blockchain-based point reward system on its platform to enable its 430 million users to earn tokens for their engagement on subreddits.  According to multiple Reddit sources, as published on medium today, the reward system was launched on the Ethereum blockchain as &#8220;Community Points.&#8221; The system enables Redditors ... Read more

Reddit Launches Community Token on Ethereum for Over 430 Million Users

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Mustapha Azeez

Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

Key Highlights Ethereum is now in a tight range between $120 and $140 Currently, the key levels remain unbroken Ethereum (ETH) Current Statistics The current price: $138.05 Market Capitalization: $15,233,939,691 Trading Volume: $13,027,554,720 Major Resistance Zones: $175, $200, $225 Major Support Zones: $125, $100, $75 Ethereum (ETH) Price Analysis April 02 Yesterday, Ethereum (ETH) rebounded ... Read more

Ethereum Price Analysis: ETH Consolidates Below $140 Resistance, a Breakout Likely

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Vitalik Buterin compares Ethereum to DeFi just as Bitcoin is to digital gold. Explore his insights on Ethereum’s role in finance...

Vitalik Buterin: Ethereum is DeFi Chain as Much as Bitcoin is Digital Gold

Vitalik Buterin: Ethereum Is to DeFi What Bitcoin Is to Gold

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After multiple delays, Perlin, a blockchain-based project that raised at least $ 6.7 million on Binance Launchpad in 2019, announced today that it has postponed the deployment of its blockchain indefinitely, and will instead build its partner applications on the Ethereum network. The news which appears to have completely shattered retail investor trust in the ... Read more

Investors Count Losses: Binance IEO Perlin (PERL) Postpones Mainnet Launch Indefinitely

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Following the recent debacle between the Steem community and Tron Founder, Justin Sun, the need for efficient privacy-optimized decentralized social platform comes to the limelight. Sapien, one of the most active Ethereum-based social networks with more than 18 million tokens staked and thousands of user communities, is already filling in the void and has partnered ... Read more

Democratized Social Platform, Sapien is Integrating with Matic Network for 100x Speed

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