Ethereum Watch

On Thursday, the world’s second largest cryptocurrency by market cap, Ethereum surged in an indomitable bull rally. At press time, the

Advertisements Quick take: The rate of Ethereum deposits to the ETH 2.0 contract points to a January 15th launch 104,128 ETH has been sent to the deposit contract which is 19.86% of the required total amount However, events are not always linear and ETH whales could be waiting till the last minute to deposit their […]

Advertisements Quick take: The Ethereum Foundation is calling on developers to help build the ETH2.0 Ecosystem This will be in the form of community grants ETH2.0 mainnet deposit address is live with Phase 0 staking currently at 13.61% Mid-last week, the Ethereum Foundation announced that it was launching a Community grants program geared towards building […]

Advertisements Summary: Crypto exchanges experienced an inflow of 8,170 ETH before yesterday’s dip to $370 This translates to around $3.1 Million using an Ethereum rate of $380 Of this amount 4,000 ETH was deposited to Binance before the brief meltdown Selling of Ethereum could indicate buying exhaustion and a correction in the pipeline for ETH […]

Advertisements Virgil Griffith, a former Ethereum Foundation developer who was indicted and arrested in January 2020 for attending a cryptocurrency conference in North Korea has filed his defense in court. The case, which is being prosecuted in the U.S. District Court of the Southern District of New York accuses Griffith of teaching North Korean officials […]

Advertisements Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain.  43 ETH and $16,800 in DAI have been raised thus far.  The EIP aims at solving the issue of high transaction fees such as the ones witnessed […]

Ethereum’s leaders are pursuing a “moonshot” in the Middle East. Advertisements The Ethereum Foundation’s head of special projects, Virgil Griffith, told CoinDesk the nonprofit is partnering with finance experts in the Gulf Coast to show that the world’s second largest blockchain is compatible with Islamic law. Islamic finance customs adhere to certain beliefs, including the […]

The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. Advertisements The group said that $19 million has been earmarked over the next 12 months to be put towards “building the ethereum of tomorrow.” Namely, this includes an ambitious scaling upgrade dubbed […]

The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. Advertisements In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that […]

The Ethereum Foundation plans to spend $30 million on ecosystem development over the next 12 months. Advertisements The foundation’s executive director, Aya Miyaguchi, announced the plan at the ConsenSys-organized Ethereal Summit in Brooklyn on Friday. Over the past year, the foundation spent roughly $27 million on its grants program, which supports critical projects across the ethereum […]