14% of ETH Transaction Volume Now Belongs to Binance Smart Chain
There is no doubt that Binance Coin has been one of the top performing digital assets over the weekend, and
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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This Crypto Project Soared 220% Because of Ethereum’s High TX Fees
One project in particular seems to have benefited from the abnormally high fees on Ethereum's network during the ongoing DeFi
Ethereum Flips Bitcoin For Average Weekly Transfer Value
The recent surge in DeFi activity has been a boost for Ethereum in terms of its economic value as a
Stacking ETH: Non-Exchange Whales Increased Holdings By 84% in August
Ethereum whales have increased their ETH holdings by nearly 3 million coins in August alone, although the asset has reduced
The Plan to Cut Ethereum Transaction Fees Gains Steam: Meet EIP-1599
A proposal for handling the sky-high Ethereum transaction fees is gaining traction among the developers' community.
What Is Yield Farming? DeFi’s Hottest Trend Explained
Yield farming is undoubtedly the hottest topic within the cryptocurrency community as the DeFi craze continues with full force. Here's
Around 73,000 Tokenized Bitcoins Worth $750 Million Circulating On Ethereum
Tokenized BTC on Ethereum has increased exponentially. There are almost 73,000 synthetic Bitcoin tokens worth around $750 million circulating on
YFI Founder: USDT and USDC Will Soon Be Available on Layer Two
There has been a lot of effort in the crypto industry in recent weeks to alleviate some of the costs
Report: PlusToken-Like Ethereum Ponzi Could Dump ETH Price
An ETH-based Ponzi scheme might cause serious problems for its price, according to an industry expert.
Whales Sold Over 1M ETH Prior To The 35% Price Collapse
The top 100 ETH exchange addresses sold-off over one million tokens shortly before the asset's price began tumbling a few