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Ethereum (ETH) News


Ethereum appeared and made another revolution in the crypto world. Offering innovations by using smart contracts differently, the platform created great opportunities for customers.

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Ethereum

Ethereum trades drop to lowest since January 2021

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The largest altcoin ether (ETH) is moderately gaining in value this week. On the night of Thursday, July 8, the cryptocurrency rose to $ 2350. In 24 hours, the capitalization of ETH increased by 3% to $ 274.374 billion. Network activity grew slightly, but the number of transactions on Ethereum, on...

Goldman Sachs about Ether vs BTC

Goldman Sachs Says Eth Can Be the N1 Digital Store of Value

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Major investment bank Goldman Sachs stated in a note to customers that the blockchain offering the most options for real use is Ethereum. The institution suggests Ether may grow into the leading digital store of value. Goldman assumes that Ether's entire market cap could get ahead of BTC in the...

Hard fork

Developer offered a block number to start the London hard fork

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Ethereum developer Tim Beiko initiated a proposal to activate the London hard fork on the main network of the second-largest cryptocurrency by capitalization on block # 12965000, expected on August 4. Co-founder of the EthHub research platform Anthony Sassano emphasized that the final decision...

Ethereum 2.0 staking Sygnum bank

Sygnum to Become the First Bank to Enable ETH 2.0 Staking

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Switzerland-based digital asset bank Sygnum launched services of Ether 2.0 staking, becoming the first bank on the global scale to do so. As stated by the institution, customers will be able to use its banking platform that brings up to a 7% yield yearly. Staking will be possible to do from users'...

Ether Bitcoin Celsius

Celsius CEO Says Ether is Overperforming BTC

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During a recent interview with Kitco News, Celsius Network CEO Alex Mashinsky shared his views on the two largest cryptocurrencies: Bitcoin and Ethereum. Mashinski finds that the possible scenario when Ether gets ahead of BTC has already begun. Talking about Celsius, he noted that the flippening...

JPMorgan crypto staking

JPMorgan Team Is Positive About Ethereum2.0 and Staking

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JPMorgan recently published a report, where the CEO Jamie Dimon and two senior analysts shared their views on blockchains, Ethereum upgrades, and staking. They mentioned the importance of running more energy-efficient networks and that the popularity of these types of networks will grow. As...

Ethereum

Ethereum fees fell to the lowest level since December 2020

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Along with the fall in the price of Ether (ETH) and the weakening of the network hashrate, there is a rapid decline in processing fees. Computing power on the ETH blockchain at the end of last week plummeted to 449,228 terahesh per second (TH / s), the lowest since March 2021. Ethereum fees are now...

Ethereum

Ether hashrate drops 20% due to shutdown of Chinese miners

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Bitcoin miners are not the only ones suffering from repression in China. Forced to suspend equipment and those pools that provide the computing power of the Ethereum network. Over the past two weeks, there has been a rapid decline in the ETH hashrate. An important development was the recent...

Ethereum London upgrade

Ethereum's London Hardfork Has Gone Live on Ropsten Testnet

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The London update of Ethereum which includes Proposal 1559 is started up on the Ropsten testnet. Tim Beiko, the network's engineer tweeted about the event. We have a block! Took a bit longer than expected, but London is live on Ropsten 😅https://t.co/wM2xepis0y— Tim Beiko | timbeiko.eth...

Central Bank

CB of Israel has used Ethereum technology in tests with CBDC

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Israel has adapted Ethereum blockchain technology for a pilot project to study the central bank's digital currency (CBDC). During the experiment, the IT department of the Bank of Israel created digital wallets through which employees can transfer "virtual shekels" to each other. No real...

Lawsuit

Fireblocks sued for alleged loss of 38,178 ETH

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Swiss staking platform StakeHound has blamed the loss of funds for institutional-focused infrastructure company Fireblocks. The lawsuit was filed in the Tel Aviv District Court. Founded in 2017, Fireblocks used multi-party computation (MPC) to store private keys. To improve security, she provided...

ETHereum

Whales have gained highest amount of ETH since July 2016

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Ether (ETH) fell to $ 2387 on Thursday, June 17, and the altcoin continues to trade in the red. The coin is likely to hit the lows today. However, despite the drop in the cost of ether, large investors continue to accumulate cryptocurrency and withdraw it from trading floors. This trend has been...

Ethereum

Ethereum fees fell by almost 90% in a month

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The largest altcoin ether (ETH) is trading at $ 2,528 in the middle of this week. The coin has been stagnating since the beginning of June. But fees for processing transactions on the Ethereum network in monthly terms fell by almost 90%. If in mid-May the average commission was $ 45, now it does...

David Guetta

David Guetta will sell his apartment in Miami for BTC or ETH

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World-famous DJ David Guetta is ready to sell an elite apartment in Miami for cryptocurrency. The musician put up housing in a prestigious area of ​​the city for $ 14 million. He is also ready to accept payment in bitcoin or ether. If we take the current prices of these digital currencies as a...

Alexis Ohanian about Ethereum

Alexis Ohanian Talked About Meme Coins and His Eth Holdings

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In one of his recent interviews to CNBC, Reddit co-founder, American internet entrepreneur and investor Alexis Ohanian talked about crypto, momentum investments and his crypto holdings. When asked what cryptocurrency is worth thinking about, Ohanian said his answer won’t be Dogecoin. He...

Ethereum

Anchorage will start issuing Ethereum-backed loans

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Institutional-oriented crypto bank Anchorage will launch a USD-secured lending service with deposited Ethereum. BankProv, one of the oldest US banks, will act as a partner. Crypto companies interested in a loan in US currency will be able to satisfy their needs without liquidating their positions...

Vitalik Buterin about Ether

Vitalik Buterin Says Eth2 Takes More Time Than Was Assumed

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Ethereum 2.0 deposit contract now holds over 5 million Eth worth around $13.6 B. The Ethereum environment is in the process of moving from a Proof-of-Work consensus mechanism to a Proof-of-Stake as a step of the system's development. The difference between these two is that PoW requires a lot of...

Ethereum

Ethereum developers found vulnerability in EIP-1559

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Ethereum developers have identified a vulnerability in the EIP-1559 project that could lead to network congestion. This was told by the participant of the Ethereum Foundation Tim Beiko. The EIP-1559, presented in 2018, involves the burning of some of the transaction fees and helps to reduce the...