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    Home » Ethereum » Page 6

    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

    Ethereum Social Sentiment Surges as Staking Starts

    Ethereum Social Sentiment Surges as Staking Starts

    Nov 6, 2020 05:46 Martin Young

    All eyes have been on Bitcoin today as it reaches its highest price for almost three years, but Ethereum is

    Read More »
    Costly Mistake: Someone Paid $9,500 in Fees for an ETH Transaction Worth $120

    Costly Mistake: Someone Paid $9,500 in Fees for an ETH Transaction Worth $120

    Nov 5, 2020 14:58 Jordan Lyanchev

    The Ethereum network has seen yet another high-fee transaction as a simple human error resulted in a fee 79 times

    Read More »
    The Associated Press Has Leveraged Ethereum For Recording US Election Data

    The Associated Press Has Leveraged Ethereum For Recording US Election Data

    Nov 4, 2020 21:01 Himadri Saha

    New York-based 174-year-old, non-profit news agency, The Associated Press, has been publishing their calls for the US Presidential election on

    Read More »
    Will Ethereum 2.0 Deposit Contract Release Help ETH Outperform Bitcoin Again?

    Will Ethereum 2.0 Deposit Contract Release Help ETH Outperform Bitcoin Again?

    Nov 4, 2020 20:05 Himadri Saha

    Vitalik Buterin announced the launch of Ethereum 2.0’s deposit contract a couple of hours ago. ETH prices responded positively to

    Read More »
    Australia’s Reserve Bank Partners With ConsenSys Over An Ethereum-Based CBDC

    Australia’s Reserve Bank Partners With ConsenSys Over An Ethereum-Based CBDC

    Nov 2, 2020 09:43 Jordan Lyanchev

    By partnering with three major financial organizations and ConsenSys, Australia's central bank will look into the merits of launching an

    Read More »
    Kava CEO Brian Kerr: DeFi Will Escape Ethereum’s Dominance In 2021 (Exclusive Interview)

    Kava CEO Brian Kerr: DeFi Will Escape Ethereum’s Dominance In 2021 (Exclusive Interview)

    Nov 1, 2020 13:10 Jordan Lyanchev

    DeFi will breakout of Ethereum's grip due to current network issues, while the sector becomes even more cross-chained in nature,

    Read More »
    ETH Spiked 50% On Binance, Just To Crash 50% Immediately After

    ETH Spiked 50% On Binance, Just To Crash 50% Immediately After

    Oct 29, 2020 10:15 George Georgiev

    ETH's price went on a wild ride yesterday. The cryptocurrency wicked to a high of $571 on Binance's perpetual contract

    Read More »
    Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US

    Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US

    Oct 28, 2020 22:25 Felix Mollen

    Avanti Financial Group is following Kraken's steps and now is the second crypto company to get an official banking license

    Read More »
    Correction? $15 Billion Evaporate from Crypto Markets as Bitcoin Loses $700 in Hours

    Correction? $15 Billion Evaporate from Crypto Markets as Bitcoin Loses $700 in Hours

    Oct 28, 2020 13:32 George Georgiev

    Following an impressive rally that almost took Bitcoin above its 2019 high, the market is currently going through a massive

    Read More »
    SEC Director Who Said Ethereum is Not a Security Leaving the Watchdog

    SEC Director Who Said Ethereum is Not a Security Leaving the Watchdog

    Oct 27, 2020 21:05 Felix Mollen

    After working for the growth of the fintech ecosystem and better regulations towards decentralized and digital assets, William Hinman is

    Read More »
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