Ethereum 2.0 has released today, on December 1st. A huge amount of Ethereum has already been staked for its deposit contract as a component of the innovative proof-of-stake network. The latest data reveals that over $529 M of Ether has already been deposited. The opening move of Ethereum 2.0—the...
Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...
Ethereum transaction processing fees began to rise again at the end of this week. That is due to a surge in blockchain user activity, which caused its overload. According to the BitinfoCharts service, the number of transactions in the network jumped to 1.2 million per day. Earlier, a similar trend...
Ethereum (ETH) price surged noticeably, hitting $500. This is a new high for more than 2 years. Last week the Ethereum search interest on Google was increased. It is apparently connected with Ethereum 2.0’s launch as potential buyers are looking to enter ETH markets and registers on the back of...
Ethereum continues to lead the blockchain ranking by the number of deployed applications (DApps). The DappRadar team found that over the past 30 days, the number of active users of Ethereum applications has exceeded 1 million. Researchers linked this trend to the rapid development of the DeFi...
The Ethereum Foundation has informed a bug bounty program for Eth2. Payouts is up to $50,000 and it's available for hackers to point out critical vulnerabilities that could affect the protocol and its three clients: Lighthouse, Prysm, and Teku. The Ethereum Bounty Program provides rewards for bugs....
Crypto exchange Binance has launched a new Ethereum mining pool with only 0.5% pool fees. Users can mine ETH with 0 fees for the first month. The pool practices the full pay-per-share way for reward payouts, distributing both block bonuses and trading fees to pool participants. After the first...
Since the beginning of November, the Ethereum network has seen an increase in the number of unique addresses making daily transactions. The trend was highlighted by researchers from the Santiment team. They tweeted that we are nearing peaks in the number of active Ethereum addresses in the last few...
In the second half of October, miners started selling Ether (ETH) - this is an extremely alarming signal for the altcoin. A report from the Santiment team says bearish sentiment is on the rise. The activation of miners has become one of the factors signaling a more significant drop in the price of...
The correlation between Ethereum and Bitcoin prices weakened, and cryptocurrencies began to move in different directions. BTC continues to make new highs, trading above $ 13,000, while ETH, by contrast, has fallen below the critical level of $400. That is an alarming signal for the largest altcoin....
Smart contract auditing company Quantstamp has told that Ethereum 2.0 is almost ready for launch. The announcement followed Quantstamp’s finalized audit of Teku, the Ethereum 2.0 client developed by ConsenSys. Teku is a full Ethereum 2.0 client built to meet institutional needs and security...
On the Ethereum network, 15 million addresses hold cryptos for $1 to $10. That is almost twice as much as on the Bitcoin blockchain, according to a report from the CoinMetrics team. Researchers found that 7.55 million addresses currently hold cryptos in the BTC network for up to $ 10. Besides,...
The largest altcoin ether (ETH) started this week with a strengthening of positions: the coin had risen in price to $370 after a pullback last weekend. As developers are preparing for the release of an updated version of Ethereum (ETH 2.0), investors are massively withdrawing cryptocurrency from...
At the end of this week, investment company Grayscale announced an increase in capital expenditure on ether (ETH). Its Ethereum Trust now has accumulated $ 869.7 million. In total, Grayscale manages digital assets totaling up to $ 6.3 billion. Recall that the company sent an application for...
Investors continue to accumulate Ether (ETH), with buying gaining momentum over the past several months. Major players are most active. They buy altcoin and refuse to sell it even when the ETH price falls. For 12 months, more than half of the supply of Ether has not moved anywhere, according to the...
The computing power on the Ethereum network has been growing steadily since January 2020. According to the Glassnode team, the hash rate jumped 80% in the first nine months of this year, exceeding 250 terahesh per second (TH / s). Researchers have linked the record high miner activity to the...
Cryptocurrency exchange Bitfinex, in partnership with the Celsius Network platform, will provide its users with the opportunity to receive rewards from storing Bitcoin (BTC), Ethereum (ETH), and XRP. According to the press release, starting October 15, Bitfinex customers will be able to create and...
Transactional activity on Ethereum has confidently started to increase this summer. The expansion of the DeFi decentralized finance market has become a central driver of the network's growth. Despite the fears of some skeptics, this ecosystem continues to evolve, attracting more and more users....