Ethereum News Today
Ethereum is a public blockchain network that gave rise to the most popular altcoin; ether (ETH). The Ethereum platform was developed by Russian programmer Vitalik Buterin in July 2015 and it features smart contracts as well as an open-source nature that avails its users the choice of designing their programs without the interference of third parties or middlemen.
Ethereum’s Ether (ETH) was built on the ERC-20 protocol and it is ranked the 2nd digital currency based on market capitalization which currently stands at over 18.8 trillion USD. The coin serves as the network fees to miners on the Ethereum platform.
On its launch in 2015, there were 72 million ETH tokens pre-mined after its ICO raised over 16 million dollars in 2014. On 13th January 2018, ETH reached an all-time high of over 1,432 USD. Few months after its launch in 2015, ETH’s price dropped to its all-time low of 0.4209 USD on 21 October 2015.
Eth News
Interestingly, users can also create their custom tokens on the Ethereum blockchain network. This unique feature as seen the platform often referred to as the leading decentralized Apps (dApps) and smart contracts platform. Decentralized Apps are run and implemented precisely as programmed after it is set out on the Ethereum network; this makes it hard to censor and reduces their vulnerability to attacks. Ethereum emphases on running software design codes of dApps.
When it comes to decentralized finance in the dApps industry, Ethereum boasts of leading all other blockchain platforms in the number of applications developed. Ethereum has made significant attempts to solve the scalability issues in the crypto space in recent years and appears to be making progress in that regard.
Stay up to date with the latest ethereum news and information on Coinspeaker as we bring you breaking news on ethereum price, market capitalization, wallets, dApps, smart contacts, and its blockchain.
MetaMask has been focused, primarily, on expanding its reach and boosting global crypto adoption.
Ethereum and Bitcoin dormant whales have turned active after years of inactivity and are moving coins from old to new addresses.
SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch.
Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade.
Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.
Withdrawals will go live on April 19 and stakers will be allowed to redeem their coins.
Ethereum is witnessing very mild volatility with respect to its price action in the hours following the Shapella upgrade.
Ethereum has often been touted as the only cryptocurrency with the right technology, embrace, and functionalities to outrank Bitcoin (BTC) in terms of market capitalization.
In a podcast, the Coinbase Institutional team delved into bullish and bearish scenarios for Ethereum and Bitcoin as ‘Shapella’ approaches.
The OpenSea Pro through Gem v2 will help digital art collectors discover the best deals in over 170 marketplaces.
Cash flow from Bitcoin to the Ethereum market has significantly contributed to today’s price bump according to Lewis Harland, Decentral Park Capital’s portfolio manager.
The minimum amount to start trading BTC and ETH in Chile is 50 Chilean pesos (equivalent to about 6 cents). The service is provided by Mercado Libre in partnership with Latin American crypto company Ripio.
Leading DeFi protocol Lido revealed that its NFT unstaking scheme would come full circle after the Ethereum Shanghai upgrade.
During his recent testimony to lawmakers CFTC Chairman Rostin Behnam said that he believes Ether to be a commodity since it’s listed on CFTC and its derivatives marketplace.
Popular on the Ethereum blockchain, zk-proofs are also coming to the Bitcoin network.