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Author: CryptoPress

Another depeg: Acala reveals 3 billion aUSD incorrectly minted

After a setup issue in a recently created liquidity pool, Acala still tracks incorrectly generated coins as the dust settles from another decentralized financial hack. The 16 wallet addresses linked to the exploit were the subject of continuing trace reports, according to the developers. The network’s native stablecoin, Acala Dollar ($aUSD), lost its peg to the dollar on Saturday when a fault prompted the network to unintentionally...

$aUSD, Front page, Hacks, News, Polkadot

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Crypto Market – Aug 16, 2022

The total cryptocurrency market capitalization is at $1.2 Trillion, a change of -0.14% over the last 24 hours and -41.24% for the past year. The current market capitalization of Bitcoin (BTC) is $461 billion, representing a 38.34% market share. In the meanwhile, the market capitalization of Stablecoins is $154 billion and represents 12.83 percent of the overall crypto market capitalization. Market Cap: $2,466,801,515,940.8924h Vol: $100,006,533,453.27BTC...

$AVAX, $DOGE, $SHIB, Bitcoin, Crypto market, Cryptocurrencies, Polygon

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Airdrop:  EVMOS Rektdrop

Evmos is a blockchain that is entirely compatible and interoperable with Ethereum. It has scalability, fast throughput, and Proof-of-Stake consensus. It was developed using the Cosmos Software Development Kit, which operates on top of the Tendermint Core consensus engine. Consequently, the Inter Blockchain Communication Protocol enables it to interface with other blockchains in the Cosmos ecosystem (IBC).  Feature Evmos Blockchain Ethereum,...

$EVMO, Airdrop, DeFi, Staking

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Ethereum price rises after The Merge test concludes

Supporters of Ethereum had a momentous occasion late last night. The most recent test of the long-awaited upgrade to The Merge was successfully carried out at around 9:45 pm New York time on Wednesday. The latest upgrade for The Merge entails moving to a new security architecture for the network that is known as Proof of Stake (POS). Users are required to make use of the ether cache they already possess in order to validate transactions and...

Cryptocurrencies, ETH2, Ethereum, Front page, News

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Crypto Market – Aug 11, 2022

Today’s market capitalization of all cryptocurrencies is $1.2 trillion, down -1.35% from the previous day and -36.69% from a year ago. Currently, the market capitalization of Bitcoin (BTC) is $459 billion, giving it dominance of 38.32%. Stablecoins’ market value is now $154 billion, accounting for 12.84% of the whole cryptocurrency market cap. Market Cap: $2,466,801,515,940.8924h Vol: $100,006,533,453.27BTC Dominance:...

$AVAX, $SOL, Bitcoin, Cardano, Cryptocurrencies, Ethereum, Polkadot

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