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Ethereum price drops after whale moves $20M to Kraken


Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...

Ternoa offers Polygon CDK-based Ethereum L2 zkEVM+ for security and privacy


In 2023, Ternoa released a decentralized privacy stack as a Polkadot SDK L1 chain. Now, the company is launching zkEVM+, an Ethereum L2 developed using Polygon CDK that focuses on security and privacy. Polycon CDK has been instrumental in the development of Ternoa’s zkEVM+, an L2 on Ethereum...

Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses


While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...

Base emerges as major player in Ethereum rollup with SocialFi integration


Base, which is a Coinbase nurtured Ethereum layer 2 network, is now a fiery competitor in the Ethereum rollup scenario, gaining an enormous user base via SocialFi apps, on its platform, like Friend.tech, Aerodrome, a sought-after decentralized exchange and Moonwell, a lending protocol. It also...

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