Tag: ETH

It was another desperate week on Ethereum as its value continues to decline. Sinking more today left the world’s second-largest crypto resource at risk of reaching its lowest level in several months. Markets for decentralized financing (DeFi) are in reverse pattern with the continuous development in this sector Ethereum is included in digital money that […]

Ethereum has undergone a hard fork upgrade, dubbed “Istanbul,” in which six distinct upgrades have been added to the network at block number 9,069,000. Ethereum Istanbul upgrade, hard fork refers to a radical change to a network’s underlying protocol that creates new rules defining which blocks and transactions the network will consider valid. Due to […]

Ethereum developers have agreed to postpone the difficulty bomb, thus increasing inflation when most coins are trying to reduce it. Ethereum Developers Delay Difficulty Bomb Again The recent debate regarding Ethereum’s difficulty bomb is finally finished, with a rough consensus being reached. According to developers, the difficulty bomb will see yet another delay. The details […]

A trio of huge Ethereum Crypto transfers is making waves in the world of crypto. In a span of just 10 minutes, a total of 785,997 ETH worth $143.8 million was moved out of a single Ethereum wallet to a wallet of unknown origin. 300,000 ETH worth $54.9 million transferred from unknown wallet to unknown […]

The crypto market cap and bitcoin (BTC) are holding important supports. Ethereum (ETH), binance coin (BNB), ripple, BCH, tron (TRX), litecoin and EOS might climb higher. Bitcoin Cash Price Analysis In the past few hours, there were mostly range moves in BCH price above the $215 support against the US Dollar. The BCH/USD pair is […]

Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There were only 11 stablecoins on the market in 2016, and another 10 were added […]

Bitcoin and its underlying blockchain technology are becoming increasingly prominent in the financial sector, particularly in the derivatives market. Now, it may be Ethereum turn to shine Commodity. The U.S. Commodity Futures Trading Commission (CFTC) has declared ETH a commodity. Ethereum Commodity Derivatives To Happen Soon The CTFC is the agency of the U.S. government […]

The Enterprise Ethereum Alliance (EEA), the consortium charged with creating standards for businesses to build applications using the ethereum token and ethereum blockchain, has created a system of reward tokens to incentivize groups of companies. The system is backed by Microsoft and Intel. Showcased Tuesday at Devcon 5, the annual ethereum developers conference being held […]

The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon. Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that the impetus behind the […]

Decentralized data governance startup Band Protocol launched its fully decentralized BTC binary options trading app BitSwing on Ethereum’s (ETH) mainnet. Band Protocol — which closed a $3 million seed round led by Sequoia Capital India this February — announced the launch of BitSwing ahead of its ETH mainnet roll out on Sept. 30. Binary options […]

Global supply chain payments service Tradeshift today announced the completion of a purchase from IKEA Iceland using the Ethereum Smart Contracts blockchain. Icelandic retailer Nordic Store bought goods from IKEA Iceland and settled the e-invoice with e-money issued by Icelandic fintech company Monerium. The transaction used Tradeshift’s Ethereum-based platform and was settled using Iceland’s fiat […]

A mysterious gambling site Fairwin Ponzi Scam that has been gobbling up millions of dollars of user funds disappears. Fairwin, a gambling platform, has been running one of the biggest contracts on the entire Ethereum network. In the last 30 days, the platform has spent more than 51 percent of all gas, the fuel that […]

Ethereum Name Service (ETN) name auctions were halted because of a bug that resulted in names being awarded to wrong users and for lower bids. Faulty documentation ENS’s editor Brantly Millegan announced the halt of the name auctioning service in a Medium article published on Sept. 30. He noted that most of the first auctions […]

A critical vulnerability has been found in Fairwin Ethereum Smart Contract, a ponzi scheme dapp that is currently ranking as ethereum’s biggest gas user. “There is an exploit in the fairwin Ethereum Smart Contract! Details will be disclosed in a few days, but black hats could find it easily! Everyone should stop using this contract, […]

Venezuela central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter. Can the central bank of Venezuela store Bitcoin and Ether? According to a Sept. 26 Bloomberg article, the central bank of Venezuela is taking a closer […]

Ethereum transaction fees are back on the rise and gaining parity with bitcoin transaction fees. As seen in data charts provided by blockchain analytics firm CoinMetrics, ethereum surpassed bitcoin in daily transaction fees on Sept. 21. While ethereum has since been maintaining a close parity with bitcoin’s daily transaction fees, bitcoin currently beats out ethereum […]

In total, over 60% of Ethereum nodes run on cloud-based servers. Is this the decentralized future you were looking for? A new report challenges just how decentralized blockchain platforms really are. According to blockchain management platform Chainstack, over 60 percent of all Ethereum nodes rely on cloud-based services, with 25 percent running on just one […]

Canaan unveiled a new Ethereum ASIC that’s more than 5-times more efficient than commercially available GPUs. This doesn’t bode well for small-scale miners and threatens to potentially increase the centralization of the network. A new Ethash Ethereum ASIC Today at the New Era Mining Summit in China, Canaan unveiled a new Ethereum Ethash ASIC. The […]