Category: Ethereum News

Terra (LUNA) has hit a new all-time high of $115.23 The LUNA Foundation is determined to keep buying Bitcoin Terra’s founder wants to increase LUNA’s Bitcoin reserves to $10 Billion and to be the single largest holder of Bitcoin after Satoshi LUNA and the purchases of the Foundation could ignite […]

More than 2 million Ethereum, worth around $5.8 billion, was reportedly burnt since the last update. The burns started following Ethereum Improvement Proposal 159, or EIP 1559, from the London hard fork. EIP 150 does not limit the total supply of Ether, instead, kicking off a mechanism that destroys an […]

Ethereum seems to be totally committed to its plan this year as the full upgrade to Proof-of-Stake gets close. Marius van der Wijden, one of Ethereum’s core developers, announced in a post on March 10 that the final testnet had gone public. The testnet is a blockchain version that allows […]

Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital […]

Ethereum, the second-largest blockchain, officially reached the 1 million unique NFT buyers mark on Sunday, seven years since the first NFT was minted on Ethereum blockchain. As rival ecosystems have seen formidable growth, threatening Ethereum’s dominance, the announcement shows that Vitalik’s offspring still lead the NFT game for the time […]

On January 27, Glassnodes’ data revealed that the Ethereum hashrate just reached a new all-time high – 1.11 PH/s (1.11 quadrillion hashes per second) at the moment – breaking its previous record of 1.08 PH/s. Hashrate is an indicator that presents computing power of the entire Ethereum network. The new […]

Despite the competition from other major blockchains, Ethereum is still at the forefront of the NFT space. The concept of using blockchain to verify ownership of properties and collectibles was not new prior to the creation of NFTs. In fact, the first NFTs appeared in 2012, with the so-called original […]

The history of Ethereum transaction fees was the topic of discussion in 2021, with the peak recorded in May 2021. Although the current ETH gas fee has decreased, compared to the peak last year, the fee remains a big issue in the crypto community. Finding a proper solution to address […]

Cryptocurrency had a thrilling year in 2021, particularly with Ethereum and other altcoins. Now it looks like Estonia will be adding cryptos to its official regulations. Ethereum witnessed a considerable increase, making it the leading position in the crypto market. For the year ahead, there are some predictions regarding actions […]

Think Dogecoin is a joke? Think again because Elon Musk is seriously embracing the cryptocurrency that started off as a meme. Elon’s interest in Dogecoin is not a big secret. Tesla’s CEO even strongly shows support for that cryptocurrency at most of his public speeches. In the latest podcast hosted […]

The Kintsugi testnet has officially launched, marking a significant step towards Ethereum’s The Merge. Previously, on December 20, core developer Tim Beiko announced the launch of the Kintsugi testnet as part of the project’s plan to transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) (PoS). The testnet, as the name implies, […]

Since cryptocurrencies exploded back in 2015, Ethereum has been a pack leader. Ethereum created an entire ecosystem of developers, entrepreneurs, investors, and users, all building on top of its blockchain. The Ethereum Foundation is also working to develop more tools for developers, and there are many other projects in development […]

Following the launch of Bitcoin services in June, the leading financial institution Banco Bilbao Vizcaya Argentaria (BBVA) announced today that its Swiss franchise is adding Ethereum to the bank’s cryptocurrency custody and trading services. This move allows its private banking clients to manage their digital assets (Bitcoin and Ethereum) on […]

High transactional costs are always one of the biggest challenges Ethereum users are struggling to deal with. The team and community have waited in expectation of Ethereum 2.0’s release as the ultimate solution for current issues with the system. Despite all promises, data from crypto metrics site BitInfoCharts shows that […]

Zhu Su, CEO and founder of hedge fund Three Arrows Capital (3AC), came down on Ethereum on November 22. The CEO emphasized factors that make Ethereum offputting not only to new participants but also to crypto enthusiasts. Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum […]