Loopring Quarterly Update (Q4/2022)

This is the fourth and final edition of our 2022 Loopring Quarterly Updates. You can catch up on the previous quarter here; you can also receive these updates in your inbox every quarter by subscribing here. While the overall crypto market has been going through a deep bear trend filled with plenty of drama, we’ve … Read more

Bitcoin closes year with 26th largest market cap globally

Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. Ethereum (ETH), on the other hand, ranks 77th on the list with a $147.60 billion market cap, while Tesla loses its place amongst the top 10 and places 13th with $395.82 billion. Ranking … Read more

Ethereum OPAC Compliant blocks in decline after touching 80%

According to recent data from MEV Watch, for 24 hours timeframe, 64.44% of Ethereum blocks were compliant with OFAC standards. However, the Ethereum educator and investor sassal.eth reported on Dec.9 that OFAC compliance topped 80% and then decreased to 65%. ‘OFAC compliant blocks’ topped out at 80% & is trending down (currently 65%). This is … Read more

Vitalik Buterin reveals exciting use cases for Ethereum ecosystem

Ethereum co-founder Vitalik Buterin published a blog post to illustrate use cases that excite him about the Ethereum ecosystem. The post looked at money, DeFi, digital identity, DAOs, and hybrid apps showcasing the breadth of utility within the Turing complete blockchain network. What in the Ethereum application ecosystem excites mehttps://t.co/QxCa6EoWDl — vitalik.eth (@VitalikButerin) December 5, … Read more

Germany has the second highest concentration of ETH nodes in the world

Germany operates one of the world’s largest networks of Ethereum validators, according to the 2022 German Blockchain report published by CV VC Labs. The report which offers a structural overview of the country’s blockchain ecosystem, also indicated Germany accounts for nearly 6% of Europe’s blockchain funding.  The European country has a 22.8% share of all … Read more

Introducing MyDotWallet by MEW

MyEtherWallet Nov 22 · 3 min read Until recently, one of the biggest conversations in crypto was about which chain is going to ‘rule them all’, with blockchain maxis battling it out on Twitter. Now it’s clear that the future is multichain. The great advantage of the crypto ecosystem is the innovation that’s made possible … Read more

99% ETH OFAC compliance to slow block time to 3hrs but not censor

As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction. If 99% of Ethereum validators were OFAC compliant, a censored … Read more

Crypto markets rocked as stablecoin reserves deplete, Curve 3pool concentrated by USDT, 60k BTC leaves Binance, Alameda shorts USDT

Following on from one of the craziest days in crypto history on Nov. 9, the 24/7 crypto markets keep investors busy. Binance released its proof-of-reserves, FTX’s stablecoin balance nears zero, the Curve 3pool became concentrated with USDT, and 60,000 BTC left Binance. Rumors are brewing of an Alameda Research short position on Tether USDT as … Read more

Ethereum supply concentration in smart contracts hits all time high

The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%. The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown as … Read more

A look at similarities between the 2000 dot-com bubble & post-COVID-19 bubble

Despite the prevailing differences between the 2000 dot-com bubble and the post-COVID-19 bubble, they still share numerous similarities. The 2000 tech bubble began in the late 1990s and continued until 2002, while the post-COVID-19 bubble started in 2019 and lasted until 2022. Let’s have a look at both eras: Dot-com Bubble:  The dot-com bubble, also … Read more