ETH Archives - Timestamp Magazine

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$100k in NFTs Reportedly Destroyed by an OpenSea Bug

In August, OpenSea became a crypto unicorn after raising $100 million in a funding round led by Andreessen Horowitz. As a result of the NFT boom, OpenSea trade volume has surged by 76,240 percent year-to-date. Amidst the surging interest, some users have reportedly lost $100,000 in NFTs as a…

News

Demand for Crypto Mining Rises Fast in Vietnam

Demand for mining rigs has been witnessing growth since Bitcoin crossed $50,000. Best selling miners with AMD and NVIDIA GPUs are fetching anywhere between $3,500 and $4,000. The Vietnamese government remains skeptical about the use of cryptocurrencies. With Bitcoin is resuming its bull run and prices of the coin…

News

Cream Finance Loses $19M in Flash Loan Attack

Cream Finance lost more than $19m in cryptocurrency to an unidentified hacker. The hacked DeFi protocol stopped the exploit by pausing supply and borrowing of contracts on the AMP token. After the attack, both the AMP token and Cream Finance’s native token, CREAM, witnessed a significant fall in prices….

News

Visa’s Sizable Investment in NFT CryptoPunk Asset Creates Headline

CryptoPunk has created shocking ripples in and around the crypto space rallying massive community interest. Visa’s investment in CryptoPunk is expected to increase adoption for digital artwork produced as NFTs. According to the Head of Crypto at Visa, collectibles trading will bring in a ‘New Chapter’ and Visa is…

News

A New Study Finds That Ether is More Popular Than Bitcoin in Singapore

Almost eight in ten Singaporean crypto holders own Ether, followed by Bitcoin, Cardano, and Binance Coin. COVID-19 pandemic drove people to invest more in cryptocurrencies. Most investors in Singapore are looking to buy and hold cryptocurrencies. According to “The State of Crypto in Singapore Report 2021,” research conducted by…

News

Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

The crypto market has witnessed significant digital asset outflows due to selloffs around Bitcoin funds. In the third week of June 2021, the total outflows by selling digital assets reached $79 million, marking the longest drawdown stretch since February 2018. The total outflows from Bitcoin funds were $89 million,…

News

Central Bank RBI Issues Official Notice as Indian Banks Caution Against Crypto

RBI cautioned other major banks in bringing a quashed 3 year old circular to the fore in discussing the topic of cryptocurrency usage Other banks are encouraged to carry out customers due to diligence processes revolving around AML and KYC standard protocols, under the PMLA of 2002 The crypto…

News

Elon Musk & Vitalik Buterin Deliver a Huge Blow to BTC & SHIB Holders

Individual actions of Elon Musk & Vitalik Buterin caused a 17% drop in Bitcoin prices and a 30% drop in SHIB coin prices. Vitalik Buterin withdrew 90% of Shiba Inu coin liquidity from Uniswap. A total of 15,791 Ether was withdrawn from Uniswap by Vitalik Buterin. Elon Musk &…

News

JP Morgan & DBS Join Hands to Launch Blockchain-powered Interbank Payments Platform

JP Morgan, DBS, and Temasek are forming a new blockchain company to launch Patrior. The Patrior platform is leveraging the work that JP Morgan and Temasek did in Project Ubin in 2017. In the beginning, Patrior will only serve the Singaporean banks to settle payments in the US dollar…

Opinion

When Can We Expect the ETH/BTC Flippening?

Supply and demand. These two terms, combined, become one of the greatest factors defining the price of a cryptocurrency. Therefore, even if the idea of bitcoin having limited supply and reaching its market cap is farfetched, we believe that it still plays a crucial role in deciding its prominence…

ETH

$100k in NFTs Reportedly Destroyed by an OpenSea Bug

Demand for Crypto Mining Rises Fast in Vietnam

Cream Finance Loses $19M in Flash Loan Attack

Visa’s Sizable Investment in NFT CryptoPunk Asset Creates Headline

A New Study Finds That Ether is More Popular Than Bitcoin in Singapore

Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

Central Bank RBI Issues Official Notice as Indian Banks Caution Against Crypto

Elon Musk & Vitalik Buterin Deliver a Huge Blow to BTC & SHIB Holders

JP Morgan & DBS Join Hands to Launch Blockchain-powered Interbank Payments Platform

When Can We Expect the ETH/BTC Flippening?

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