Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and
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Ethereum’s price has recorded impressive gains over the past week. Now, that might look promising at first glance. However, this outlook couldn’t be further from the truth as on-chain metrics reveal the possibility of stunted
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Ethereum has officially burned more than two million ETH via the EIP-1559 upgrade implemented last year. The biggest on-chain gas burner on the Ethereum network is the first OpenSea NFT market, followed by ETH transfers.
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This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74
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Cardano leaves no chances for Bitcoin and Ethereum in terms of adjusted transaction volume According to tracking service Messari.io, Cardano successfully overtook Bitcoin and Ethereum in terms of on-chain adjusted transaction volume. As the metric
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As a massive amount of ETH is being locked in smart contracts, the number of burned coins reaches two million Nearly $6 billion worth of Ethereum has already been burned while $6 million is taken
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This Shiba Inu whale has bought almost four trillion tokens worth $89.1 million, while SHIB sits in second place among top 10 assets purchased by ETH whales According to data provided by on-chain analytics provider
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After rising above $42,000 yesterday, bitcoin failed to maintain that level and dipped by more than $1,000 hours later. Most altcoins have also seen minor losses on a daily scale, with a few exceptions. Ethereum
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The Ethereum mainnet is expected to soon “merge” with the beacon chain proof-of-stake system, thus ending proof-of-work for the ETH blockchain. Mainnet will bring the ability to execute smart contracts in the proof-of-stake system, as
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It hasn’t been the best of years for Ethereum [ETH], the world’s most popular altcoin. While its price action has often been found wanting, many in the community remain optimistic thanks to the hopes attached
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