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A Guide To Ethereum Wallets: What They Are And How To Use One
leading cryptocurrencies. Getty Images Ethereum Ethereum -1.3% wallets are essential for anyone interested in managing and securing digital assets like tokens and NFTs on the Ethereum network, the world’s leading proof-of-stake blockchain with a market capitalization that peaked at over $500 billion in 2021. This guide will explore what Ethereum wallets are, why they are used and the different types available. Whether you're a beginner or an experienced user, this article will help you understand why they are important, how to choose the right one, how to stay safe and the steps to set one up and use it effectively....
Celsius sues Tether for $2.4B in Bitcoin, Tether strikes back, calls case a “shakedown”
Tether CEO Paolo Ardoino views the lawsuit as a "shameless money grab." Key Takeaways Celsius accused Tether of wrongdoing in a 2022 agreement where Tether provided USDT to Celsius against BTC collateral. Tether denied wrongdoing, claimed the lawsuit is baseless and a "shakedown" attempt to recover losses from Celsius' mismanagement. Tether, the issuer of the stablecoin USDT, has fired back at Celsius Network in response to a lawsuit filed against the company on Friday. Tether called the case a “shakedown” attempt to shift blame for Celsius’s financial mismanagement onto Tether. According to a recent blog post from Tether, in 2022,...
Ethereum’s L2 Network Arbitrum Registers Significant Rise in Web3 Adoption, ARB Price Up 6%
Arbitrum (ARB) network has significantly grown in the past year to more than 1.37 million weekly active users amid heightened adoption fueled by institutional investors. The Ethereum (ETH) network has maintained its top position as the leader in web3 activities primarily due to its versatile layer-two (L2) networks led by Arbitrum (ARB). According to the latest market data, the Arbitrum network takes pride in more than $14 billion of total value locked (TVL), which outshines that of Base, OP Mainnet, and Blast networks combined. Furthermore, almost all the top-tier decentralized financial (DeFi) platforms on the Ethereum network are also available...
