Over $375 Million ETH Shorts Liquidated in a Day as Ethereum Tapped $3,450
As Ethereum skyrocketed to its latest all-time high above $3,450, short traders felt the consequences with a record-setting number of
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
S&P DJI Releases Bitcoin and Ethereum Indexes
Investors will be able to take advantage of Bitcoin and Ethereum indexes launched by the S&P DJI.
Bitcoin and Gold Are Financial Religions But BTC Is Better Says Mark Cuban
A year after arguing that bananas are more easily tradable than bitcoin, Mark Cuban highlights BTC's merits over gold as
Another Scam Alert: MetaMask Warns Users of a New Phishing Bot
MetaMask urged its users to be extra careful following yet another phishing scam that's gaining steam.
PancakeSwap Continues Cook Rivals as Daily Transactions Close on 2M
Decentralized finance exchange PancakeSwap continues to break records for volumes and transactions, even eclipsing Ethereum.
Ethereum (ETH) Tops $3,000 For the First Time In History
Just a little over two months after breaking above $2K, ETH has added another grand to its value, resulting in
WisdomTree Launches a Physically-Backed Ethereum ETP in Europe
Two weeks after releasing a Bitcoin ETP, WisdomTree has launched an Ethereum ETP on Germany's Börse Xetra and the SIX
The Crypto Weekly Recap: ETH Eyes $3000, Bitcoin Dominance at 33-Month Low
Bitcoin managed to recover some of the losses seen last week, but altcoins are definitely stealing the show. Most large
Ethereum Hits $2,800 Making Gap to Bitcoin Tighter Than Ever
Ethereum’s stellar performance over the past couple of weeks has enabled it to close the gap to Bitcoin in terms
Ethereum Will Never Surpass Bitcoin, Says Mr. Wanderful
According to Kevin O'Leary, Ethereum will never flip Bitcoin and will remain in second position.