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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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Optimism launch date

Scaling Solution for Ethereum, Optimism Put Off its Launch

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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,...

Hermez network launch

Ethereum Layer 2 Solution Hermez Network Launches

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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...

Buterin about NFTs

Vitalik Buterin Says NFTs Can be Good Socially

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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...

Ethereum

The number of large Ethereum addresses decreased by 7.2%

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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...

Ethereum

Ethermine delivers Post-EIP-1559 revenue support solution

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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...

Meitu $40 M in BTC and ETH

Tech Firm Meitu Invests Another $49 M in BTC and ETH

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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...

EIP-1559

Ethereum miners will hold a rally against EIP-1559

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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...

Vitalik Buterin

Buterin promises to rise Ethereum performance by 100 times

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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 supports Ethereum Blockchain

Ethereum Is Now Reachable on Amazon-Built Blockchain

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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

Ethereum miners split into two camps due to EIP-1559

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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...

Optimism funding

Ethereum Scaling Firm Optimism Boosts $25 M in Series A

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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...

BTC $56.000 Ether $2000

Bitcoin Surpassed $56.000 and Ether $2000

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Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...

Binance

Number of Binance Chain daily transactions bypassed Ethereum

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Binance Chain surpassed Ethereum in terms of user activity. The CEO of the Binance exchange Changpeng Zhao wrote about this on Twitter and admitted that soon the number of transactions on the network would also be higher than on Ethereum. However, he added that he does not oppose ETH. It supports...

Ether $1914

Eth Price Surpasses $1900, Heads to $2000

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Ethereum (Eth) price reached a new all-time high of $1914. The token was up by 7.11% in a day and now trades at above $1890. During this year the cost of the 2nd largest crypto asset by market cap increased by $160%, while BTC surged 78% at the same time. On December 1, 2020, Ethereum launched a...

ETH Link new highs

Ether surpassed $1870, and Link $32

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The price of Ethereumn has grown by a 5.5% in a day reaching a new all-time high of $1871. Altcoins have been showing rapid growth recently. The total sum of the market stands at above 1.4 Trillion at the moment. Institutional investments in the token are highly trending. Recently digital asset...

Ethereum above $1800

Ethereum Went up to $1800 Due to Institutional Investments

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The price of the Ethereum blockchain's native token hit a new all-time of $1800 today. Currently, Eth trades at around $1770. Earlier BTC soared to $48.000. These two coins own 75% of the entire crypto market which is over $1.3 trillion 80% of the last week's crypto inflows belonged to Etherum. The...

Ethereum bullish 2.6.2021

Ethereum Surged to $1750. Miners' Profits Also Went Up

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Today the price of Ethereum reached a new all-time high of $1750. Within a week, the cryptocurrency has gained over 25%. Three days ago, CME Ether Futures was launched. It is now a part of cryptocurrency risk management solutions available at derivatives marketplace CME (Chicago Mercantile...

Grayscale

Grayscale spoke about the rise in capital investments in ETH

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Grayscale, which manages the assets, has significantly increased its investments in Ether (ETH) over the week. The Ethereum Trust of this giant in dollar terms increased by $38 million. Thus, the company acquired another 24,796 ETH. The largest altcoin has made a historic breakthrough this week....