After raising $5 million in April 2021, the ConsenSys-backed Virtue Poker project announced plans to conduct an IDO on top
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dApps) using smart contracts.
These are computer codes that facilitate the exchange of money, property, shares, content, or anything that has value. It’s pre-programmed and predefined, meaning that once the trigger conditions are executed, the result manifests automatically.
Ethereum has a native cryptocurrency, which is called Ether (ETH). ETH is currently the second-largest cryptocurrency by market cap.
The project’s whitepaper was published back in 2013 by Vitalik Buterin, Ethereum’s Co-Founder. In January 2014, Ethereum began the official development of the platform. A few months later, in August, the team managed to raise $18.4 million through a token sale. The ETH token was released during the summer of 2015.
Like Bitcoin, Ethereum was initially developed to work using the Proof-of-Work (PoW) consensus algorithm. However, the team is working to transition to Proof-of-Stake, which is supposed to take place in 2020.
Recent Ethereum News
The cost of using the Ethereum network has skyrocketed to an all-time high and industry experts are blaming the latest
After suffering pool exploit, core developers of Rari Capital will reimburse hack victims with up to $26 million worth of
Mark Yusko forecasted a price tag of $250,000 for Bitcoin within the next five years and called Dogecoin ''useless.''
By breaching the high fees on the Ethereum blockchain, ORAO has chosen to launch its general data products on top
Ethereum layer-two scaling solution Metis has successfully closed a funding round worth $4 million to finance further scalability solutions.
Although numerous factors are going in Ethereum's way, the latest surge above $4,000 could be largely attributed to institutional investors,
After breaking above $3,000 a week ago, ETH has added another $1,000 of value on its way to the latest
Over the past seven days, we saw large-cap cryptocurrencies paint double-digit gains, pushing the total market cap up by $300