While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active in 2015-2017 remain unsold. The holders of Ethereum supply who last moved their crypto five and seven years ago, i.e. in 2017 and 2015, have achieved a three-month high, according to Glassnode. This supply presently stands at 7,666,690.968 ETH ($21,557,791,247). 📈 #Ethereum $ETH Amount of Supply Last Active 5y-7y just reached a 3-month high of 7,666,690.968 ETH View metric:https://t.co/IEN283QP0E pic.twitter.com/8HecOSXB3G — glassnode alerts (@glassnodealerts) February 28, 2022 Related Reading | New Crypto Security Solution Protects Bitcoin, Other Digital Assets From Theft Small Addresses Continue To Accumulate Despite the fact that the price of Ether (ETH) has risen over 20% from its February 22 low of $2,300, data from derivatives suggests that investors remain wary. Ether’s price has dropped by 24% this year, and critical overhead resistances lie ahead. High network transaction costs have been Ethereum’s most pressing issue, and investors are growing concerned that this will continue to be an issue even after the network’s long-awaited enhancements are implemented. ETH/USD trades at $2.9k. Source: TradingView Smaller investors have been accumulating Ether in increments of 0.01 ETH, 0.1 ETH, 10 ETH, and 32 ETH, according to Glassnode. The number of wallets holding these amounts of Ethereum has reached new highs – 0.01+ coins – 21,929,193 ATH, 0.1+ ETH – 6,960,421 ATH, 10 ETH+ – 280,792 coins – one-year high. 32 ETH+ – 107,876 ETH+ – one-month high. 📈 #Ethereum $ETH Number of Addresses Holding 32+ Coins just reached a 1-month high of 107,876 Previous 1-month high of 107,860 was observed on 23 February 2022 View metric:https://t.co/rkRWanL3OS pic.twitter.com/4KA8lTQ5Vc — glassnode alerts (@glassnodealerts) February 28, 2022 Related Reading | TA: Why Bitcoin Must Close Above $40K For Trend Reversal Featured image from Pixabay, chart from TradingView.com

Last week, OpenSea allowed time for users to move their nonfungible token (NFT) listings during its contract migration. The platform has announced that the move [...]

Malicious actors took advantage of a smart contract upgrade process in the OpenSea NFT marketplace to carry out a phishing attack against 17 of its users that resulted in the theft of virtual assets worth about $1.7 million. NFTs, short for non-fungible tokens, are digital tokens that act like certificates of authenticity for, and in some cases represent ownership of, assets that range from

Non-fungible token (NFT) marketplace OpenSea is investigating a phishing attack on Saturday that left 17 of its users without more than 250 NFTs, worth around $2 million. NFTs represent data stored on a blockchain (Ethereum) that declares ownership of digital media files of artwork. OpenSea is one of the world’s largest peer-to-peer NFT marketplaces (valued at […]

Reportedly, an attacker got away with NFTs worth at least 1.7 million USD after a targeted phishing attack against OpenSea users. Our leadership, engineering, and security teams are communicating with affected users to gather details. We continue to believe that this is a phishing attack that originated outside of https://t.co/3qvMZjxmDB. ↯ — OpenSea (@opensea) February […]

The post Phishing Attack Spells More Trouble For OpenSea appeared first on CryptoCoin.News.

The OpenSea CEO Devin Finzer believes the NFT exploits actually happened due to a phishing attack and it was likely not connected to the OpenSea website so let’s read furhter in today’s latest cryptocurrency news. OpenSea says it is investigating the rumors of an exploit that occurred on the popular ETH NFT marketplace over the […]

ARK, a fully customizable blockchain framework with TypeScript, announced today that a new version of Payvo, its cryptocurrency wallet app for ARK-based blockchains will soon be launched. One of the main differences is a transition from a desktop app to a completely web-based application. Currently, the ARK team plans for the public beta version to […]

The post ARK blockchain set to introduce new web version of its wallet app Payvo appeared first on CryptoNinjas.

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