In 2015 the Ethereum team released a four phase roadmap for the platform’s full implementation. Two of the phases, named Frontier and Homestead, have been implemented. The third phase, Metropolis, is about to be released. This phase promises to be the most significant upgrade yet, and is designed to make […]
Ethereum continues to face consecutive weeks of deflationary issuance since the London hard fork which saw the EIP-1559 improvement proposal launch on the Ethereum network in early August. So far, circa 961,920 ETH (Approximately $4.1 Billion) has been permanently destroyed in under 4 months, compared to 243,690 ETH, which is the […]
Following the outrageous gas fees on Ethereum mainnet layer one, more and more networks are flocking to layer two and this can be seen in its Total Value Locked (TVL) which recently peaked at $5.6 billion in less than 90 days. L2Beat, the popular layer 2 tracker for Ethereum showed […]
Founder and CEO of Real Vision and Global Macro Investor, Raoul Pal, has predicted that Ethereum is set for a massive run-up that could see its surge between 100 to 300% before the end of 2021. His prediction is based on a custom index he created on Bloomberg that compares […]
Popular messaging platform Discord has announced it will pause its plans to push into the cryptocurrency and non-fungible token (NFT) space after a wave of backlash from users. According to a report by TechCrunch, Discord co-founder and CEO Jason Citron recently told Discord users that his firm does not have […]
Sotheby’s has announced that it would accept ether (ETH) and other cryptocurrencies as payment opinions for its upcoming live auctions for Banksy’s Trolley Hunters and Love Is In The Air (2006) artworks scheduled to hold on November 18. Sotheby’s Chooses Ether (ETH) In another exciting development for cryptocurrency and art […]
Ethereum is nearing its transition to Proof-of-Stake and it brings with it a lot of changes to the network. The asset’s supply is expected to fall by as much as 2% each year as deflation fully sets in. The asset is still reeling from the effects of the London hard […]
Ethereum has burned close to half a million of its supply in just two months with the burning seemingly currently running at 250,000 eth a month, worth $900 million. Some 477,000 eth has been burned at the time of writing, worth $1.7 billion, with it currently running at $1.3 million […]
Santiment data shows that the proportion of non-exchange ETH whales that hold Ethereum in wallets other than exchanges got to new highs compared to ETH exchange whales. Unexpected Proportion The Santiment group revealed that as Ethereum has recovered to the $3,400 level, the overall amount of ethers possessed by non-exchange […]
SparkPool Ethereum mining pool has indefinitely suspended operations in China citing the latest clampdown on cryptocurrencies by authorities. SparkPool is the world’s second-largest Ethereum mining pool, controlling more than 22 percent of Ethereum’s hashrate, according to a blog post on September 28, 2021. SparkPool Shuts Down The People’s Bank of […]
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