Justin Sun Announces Launch of New TRON-Based DeFi Products
Justin Sun appears keen to see Tron make a splash in the emerging decentralized finance (DeFi) scene. Sun Eyes Tron-based
Ethereum News and Updates
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
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$1.77 Billion TVL: DeFi Markets Hit All-Time High as Yield Farming Flourishes
Decentralized finance markets have reached their highest ever levels in terms of the total amount of crypto collateral locked in
No, I’m Not Building Anything on Ethereum: Elon Musk Denies Rumors
A year after the famous Hollywood actor William Shatner tweeted that Elon Musk and Vitalik Buterin were deciding what to
Ethereum Creator Vitalik Buterin Offers Scaling Solution for Sky-Rocketing ETH Transaction Fees
Median transaction fees on Ethereum just hit their highest point in almost two years, as the network struggles under heavy
Analysts Predict Local Top for Compound (COMP) While Community Addresses “Yield Farming”
Compound (COMP) could be nearing a local price top, soon after the Ethereum-based decentralized finance (DeFi) token recorded a 258%
$185 Million Of Bitcoins: This Is the Amount Bought by Grayscale Only Last Week
The popular cryptocurrency investment company oriented toward institutions, Grayscale, has reportedly added another 19,879 BTC to their Bitcoin Trust in
PlusToken Scam’s $180M Worth of Ethereum Is On the Move
Over $180 million worth of Ethereum has been moved from a previously dormant wallet belonging to the perpetrators of the
Over $15M ETH Enters DeFi Per Day: 4x More Than Ethereum’s Daily Inflation Issuance
An average of $15 million worth of ETH has been locked into Ethereum’s DeFi protocols each day for the past
15,000 ETH in Two Weeks: Accumulation Continues While Miners Keep HODLing
Recent data indicates that Ethereum miners prefer holding their mined coins and have increased their balance in the past few
This Is Why Bitcoin and Altcoins are Correlated On The Short Term, Investor Explains
Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years. Whenever there’s a serious move in