Ethereum (ETH) News

The crypto market keeps surging. Not only are the prices growing, but there are also new all-time highs reached by a number of cryptocurrencies. Today BTC price set a record high of $64.870 coming closer to $65.000. The second-largest cryptocurrency Ether crossed $2.397 and Cardano surpassed $1.56....

Today Ethereum-focused software company ConsenSys announced completing its first external funding round with over $65 M. Among the participants were major firms like JP Morgan, UBS, Mastercard, Alameda Research, Protocol Labs, Maker Foundation, and others. The financial backing was held through a...

Almost all of the top cryptocurrencies have seen a price increase in recent days. Bitcoin has gone up to $60.000. Eth and Binance Coin set record highs: $2.200 and $485 respectively. The total crypto market cap stands at above 2.06 trillion. Besides, the top three cryptocurrencies by market cap,...

On the night of Saturday, April 3, the rate of the second-largest cryptocurrency by capitalization Ethereum reached $2,146, having renewed its all-time high. Currently, the digital asset is trading at $2,048. On April 2, the ETH rate tested the $2000 level and later updated the maximum at levels...

The price of Ethereum (ETH), the second largest cryptocurrency by market cap reached a new all time high of $2.150. The previous high of $2.050 was set on February 20. Since then it's the second time Eth has surpassed $2.000. Ethereum is the most popular cryptocurrency investment choice after...

Latvian aviation company airBaltic announced today (March 29) about enabling Doge and Ether as a payment method. The firm was the first to accept Bitcoin payments back in 2014. Then it added Bitcoin Cash (BCH) and four stablecoins backed by the USD: USD Coin (USDC), Binance Dollar (BUSD), Gemini...

Along with bitcoin, ether (ETH) also suffered heavy losses in the middle of this week. The largest altcoin fell to $ 1,529 the day before, after which it was able to rebound above $ 1,600. On the night of Friday, March 26, the ETH rate rose to $ 1612. Cryptocurrency capitalization is just over $...

Layer 2 scaling solution for Ethereum environment, Optimism informed about postponing the mainnet release no sooner than July. The rollout was expected to go live this week. According to Optimism, the launch date isn't certain as it requires the united work of the Ethereum community. Particularly,...

Layer 2 scaling solution for Ethereum environment, Hermez Network which offers cost-effective activities, went live on the Ethereum mainnet at 9:30 AM UTC. Now the medium gas fee for a transaction on Ethereum is about $16. Hermez's work suggests 90% savings, so the cost will be reduced to $1.5. The...

On March 23, Ethereum co-founder Vitalik Buterin issued a blog post that covers various aspects of the crypto industry. In the blog post, Buterin also referred to non-fungible tokens (NFTs) saying they can be used for different social objectives like charities or financing common goods. He finds...

Ether (ETH) still hasn't received enough support to repeat the February run and break above $ 2,000. Even the reduction in the exchange balance of the cryptocurrency has not yet had a positive effect on its value. In the middle of the week, ETH tried to gain a foothold above $ 1800, but soon the...

The operator of the Ethermine mining pool, Bitfly, has launched in beta software to implement the Maximal Extracted Value (MEV) arbitrage strategy. It assumes compensation to miners after activating EIP-1559. MEV automates the sequence of transactions on the blockchain-based on potential arbitrage...

Image editing software organization Meitu stated investing around $28.4 M in Eth and $21.6 M in BTC. The name of the application is translated as "beautiful face" from Chinese. It is widely used in China, Hong Kong, and Taiwan with nearly 300 million monthly active users, according to its...

On April 1, miners on the Ethereum network will pool the hashrate in the Ethermine pool, which opposes the implementation of the EIP-1559 proposal. The promotion will last 51 hours. EIP-1559 aims to replace the existing bid-based fee market with a fixed price and incineration mechanism. The offer...

According to Vitalik Buterin, shortly, his team will be able to significantly increase the bandwidth of Ethereum. The network can be scaled about 100 times, Buterin noted during a conversation with podcaster Tim Ferriss. Back in November last year, Buterin presented the so-called "Rollup...

Amazon-provided cloud computing protocol Amazon Web Services (AWS) integrated Ethereum on its Amazon Managed Blockchain system. This means applying AWS people can establish nodes and reach Ethereum's primary interface over the Amazon Blockchain. It was mentioned in the post published by the...

Ethereum miners have split into two warring camps due to the EIP-1559 proposal. It involves burning part of the transaction fees and helps to reduce the volatility of the gas price. The third-largest Ethereum pool, F2Pool, published a post in support of a proposal to improve the second-largest...

A startup, constructing Layer 2 scaling clue for the Ethereum ecosystem Optimism, boosted $25 M in Series A backstopping. The procession was led by a private American financing provider Andreessen Horowitz also known as a16z. The firm issued an article concerning its view of Ethereum and...