The infamous crypto entrepreneur, the co-founder of the Ethereum project Virgil Griffith, violated the terms of the pledge and was again behind bars. According to reports, the man was caught trying to access his account on the Coinbase cryptocurrency exchange. The decision to change the measure of...
Ethereum co-founder Vitalik Buterin said in his speech during Ethereum Community Conference (EthCC), held in Paris that Ethereum aims to progress beyond the DeFi space. The 4th EthCC began on July 20 and will end on July 22. Buterin referred to DeFi and cryptocurrencies as the most interesting part...
A documentary movie “Ethereum: The Infinite Garden” will be released. The fundraising started on July 14 is completed. Crowdfunding site Mirror managed the process. Initially, it was planned to raise 750 Ethers. The results surpassed expectations. When the fundraising was over on July 16, the...
Large investors continue to show increased activity amid the weakening of the ether (ETH) rate. The altcoin is down to $ 1,900 today, and many observers agree that the coin will find the bottom somewhere around $ 1,700. Whales, on the other hand, take advantage of the panic sell-off of ether on the...
Brazil Approved the First Ether-based ETF in Latin America As Brazilian media reports, the country's Securities Commission has approved the first Ether ETF in Latino America. The product managed by QR Asset Management will operate under the symbol QETH11. It will function on Brazil's stock market...
Tesla CEO Elon Musk talked about cryptocurrencies another time. He shared his opinion on Bitcoin, Ethereum, and Dogecoin, mentioning the advantages of the last one. Particularly, commenting on crypto and Dogecoin Youtuber Matt Wallace's tweet about Dogecoin update, Musk wrote BTC and Ether...
Tech company Meitu reported about the results of its Bitcoin and Ethereum investments. As mentioned, Meitu has lost around $17.3 M, having invested in BTC. On the other, Ether investment has brought the company a profit of $14.7 M. Launched in 2008, Meitu builds mobile video and photography...
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...
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...
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...
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'...
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 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...
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...
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...
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...
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...
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...