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Loopring suffers huge losses after security lapse in ‘Guardian’ service
10.6.2024
According to the information available from the market, $5 million was drained from wallets powered by Loopring’s guardian service. Loopring, the Ethereum zkEVM protocol, is often termed Ethereum’s most secure wallet. They shared details of two wallet addresses badly affected by...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Loopring L3 now live on Taiko alpha-3 zkEVM testnet
5.7.2023
Loopring recently announced deploying its L3 on the Taiko alpha-3 zkEVM testnet. The integration allows Loopring to achieve better scalability and optimized experiences for its dApps and smart wallet. The news was shared through a string of tweets by Loopring. The tweets stated that Loopring...
Best Crypto to Buy Today 17 February – MEMAG, MATIC, FGHT, LRC, CCHG, FIL, RIA
17.2.2023
The cryptocurrency market experienced a significant decline on Thursday, with a net outflow of $35.215 billion causing the market cap to fall by 3.32% from $1.062 trillion to $1.026 trillion. This news comes as a blow to bullish investors who have seen the cryptocurrency market rally in recent...
Best Crypto to Buy Today 6th January – FGHT, XMR, D2T, LRC, CCHG, HNT
6.1.2023
US unemployment applications declined to the lowest amount in more than three months today, January 6, displaying an incredibly robust job market despite the Federal Reserve's efforts to reduce high inflation by moderating economic activity....
Read More: Best Crypto to Buy Today 6th January...
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
10.12.2022
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23...
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
For The Next Bull Market Moshnake, TRON And Loopring Could Provide You With the Best Chance!
26.9.2022
Cryptocurrencies offer a new way of thinking about money that can be more secure and efficient than traditional methods. In this post, we’ll take a look at three popular cryptocurrencies: Moshnake (MSH), TRON (TRX), and Loopring (LRC). We’ll discuss what each currency is used for,...
Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
22.9.2022
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower...
L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
1.9.2022
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...
Lido Staked ETH Via Loopring L2
26.8.2022
Lido is a liquid stacking option for ETH 2.0 supported by the best staking companies in the business. Lido enables users to wager any ETH or deposit assets on ETH 2.0 without infrastructure maintenance or asset lockup. The Ethereum 2.0 network is secured through staking, and involvement...
Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput
17.8.2022
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs...
Loopring (LRC) Closes Towards a Breakout From the 100 EMA Curve!
8.8.2022
Loopring is a rather lesser-known blockchain that bridges the gap between the idea of working on a decentralized exchange. LRC is a utility-based token that addresses the shortcomings in the centralized exchange. Centralized exchanges settle the trades on internal records leaving it open...
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
7.8.2022
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers...
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day
25.5.2022
Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero (XMR) Monero extended a recent bullish...
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech
23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...
Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment
29.3.2022
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet