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ETH 2.0

cryptocurrency August 18, 2022

Despite changes in the asset’s price, Ethereum is steadily adding to the ETH 2.0 staking contract. Advertisements According to the development team, this occurs about a month before the Merge is scheduled to occur. Ethereum Staked Token Hit New ATH According to Dune Analytics data, more over 13.2 million ETH have been deposited to the […]

cryptocurrency August 10, 2022

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. Advertisements In the last 30 days, the ETH network has seen over 546,000 active addresses trading the coin daily. Santiment showed […]

cryptocurrency August 9, 2022

Advertisements Summary: DeFi aggregator DeBank believes that Ethereum hard forks could be counterproductive. DeBank also shared these remarks after naming ETH’s network as the most prospective chain for Web3 solutions and apps. The service said they do not plan to support any hard forks during ETH’s transition to Proof-of-Stake. Chainlink shared similar comments on Monday. […]

cryptocurrency August 8, 2022

Advertisements Summary: Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks. The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus. Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol. The news comes as speculations regarding a hard fork have emerged in recent weeks […]

cryptocurrency August 6, 2022

Since 2016, over 44 million contracts have been deployed on Ethereum [ETH]. Interestingly, the number has been on the rise.  Advertisements Users might have imagined that all smart contracts would have contributed to exchange interactions and Decentralized Applications (DApps) management. However, it has been a little different from the public’s perspective. Advertisements Source: Electric Capital […]

cryptocurrency August 4, 2022

Advertisements Summary: Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners. Arcane research shows that ETH miners have generated around $11 billion in 2022 so far. Bitcoin miners have managed $10 billion as of press time. Ethereum’s switch to Proof-of-work could ultimately eliminate the role of miners on the network. The transition dubbed […]

cryptocurrency July 28, 2022

The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. Advertisements Now, the crypto market reacted in a positive manner with Ethereum [ETH] leading the charge. However, as per a famed […]

cryptocurrency July 17, 2022

Proof of Stake on Ethereum is definitely the most anticipated event of the year. Finally, after multiple delays, it seems like a date has finally been set. Advertisements The new consensus method is expected to arrive on the Ethereum blockchain on 19 September. Naturally, the first question isn’t if ETH will benefit from it, but […]

cryptocurrency July 14, 2022

Ethereum [ETH], the largest altcoin, remained in a bearish zone as it stood below the $1,150 support zone, at press time. It suffered a fresh 2% correction as it traded closer to the $1,000 mark at the time of writing. ETH’s prices have been trading within a range for quite some time now. Advertisements But […]