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This is why Ethereum’s price may rise 10X in 2023

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Join Our Telegram channel to stay up to date on breaking news coverage After its upgrade, the value of Ethereum is currently stagnant at less than $1,300. The majority of analysts believe that ETH has a favourable short-term prognosis. A long-term price increase for Ethereum is also expected. Ethereum’s prospects may appear less promising than they were a year ago due to the public’s rising dissatisfaction with NFTs. But due to its wide range of usefulness, Ethereum won’t be slowed down. NFTs are only one of many initiatives in the Ethereum network that are active at the same time. While many experts believe that the price of Ethereum will increase following the merger, there are several other cryptocurrencies that might increase 10X in value by 2023 as well. So let’s get started right now. Ethereum: A Quick Overview Ethereum is a totally distinct cryptocurrency from Bitcoin or Ripple. The native token that drives Ethereum’s blockchain system for...

Finder's Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit

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46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to end the year at $1,377 per unit. 46% of Finder’s Experts Think Ethereum Is Undervalued, While 31% Think the Price Is Fair On October 11, 2022, Finder.com, the product and price comparison web portal, published a new prediction survey that discusses the second-leading crypto asset ethereum (ETH). Bitcoin.com News reported on Finder’s last ether prediction poll which said ether&#x2019 ;s value could bottom out at $675 per coin by the year’s end. The latest ethereum Finder’s survey leverages 55 fintech and crypto experts who predict a different outcome regarding ether&#x2019 ;s future value. For instance, 46...

$570 Million Hack on Binance Blockchain Exposes Serious Flaws in Cryptocurrency Systems

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Join Our Telegram channel to stay up to date on breaking news coverage On Friday, Binance, the largest cryptocurrency exchange in the world, announced that $570 million had been stolen in a breach of the blockchain it operates to facilitate cross-network transfers of assets. The Binance Smart Chain network attack exposed vulnerability in DeFi, or computer-controlled financial transactions. System Vulnerable but No Money Lost In an interview with CNBC, Binance CEO Changpeng Zhao acknowledged that bug-free software is impossible to achieve. The hacker stressed that no users had lost any money, but warned that cross-chain bridges were especially susceptible to attacks and that the industry needs to improve its ability to learn from its mistakes. A series of assaults have been discovered targeting weaknesses in cross-chain bridges, and the team will freely discuss the specifics of the postmortem and any lessons on how to deploy more sophisticated security measures to shore-up the...

T-Mobile Parent Company Launches Ethereum Staking Validator

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Source: T-mobile Deutsche Telekom (DT), the parent company of wireless network operator T-Mobile, has announced that its subsidiary T-Systems MMS will support the Ethereum blockchain network by infrastructure in the form of validator nodes.   In a press release , the German tech giant revealed that T-Systems will also provide liquid Ether (ETH) staking services through a partnership with ETH staking service provider StakeWise.  This partnership will see the DT subsidiary participate in the governance of the decentralized application (dApp) as it has joined the StakeWise decentralized autonomous organization (DAO).  According to DT, the move is intended to cement the company's presence in the blockchain space while contributing to the transparency of the second largest blockchain network.  The move is also to show support for the Ethereum network's transition to using a proof-of-stake (PoS) consensus mechanism. T-Systems MMS already maintains ...