Tag: ethereum classic (etc)

Nov 29 2022

Crypto Exchange Coinbase Set To Delist $XRP From Its Platform

Coinbase it set to delist XRP, ETX, XLM and BCH on 5 December 2022. Low usage has been cited as the reason for this move.

Sep 13 2022

The Merge Week: ETHW Forked Mainent To Go Live 24 Hours Ethereum’s PoS Upgrade

Summary: The plan to fork Ethereum's proof-of-work network now has a timeline. EthereumPoW, the community behind the initiative, said the ETHW Mainnet would go live 24 hours after the merge. Full node data and configurations would be released shortly as well. The community announced the news as Ethereum's proof-of-stake transition is hours away. Ethereum proof-of-work (PoW) otherwise known as ETHW revealed on Monday...

Aug 09 2022

Ethereum Is The Most Prospective Blockchain For Web3, Hard Forks Not Necessary – DeBank

DeBank labels Ethereum as the best chain for Web3 and will not support hard forks if they emerge.

Jul 29 2022

Ethereum Classic’s Hashrate, Transactions up 24% and 62% in One Month as Ethereum’s Merge Draws Nearer

Summary: Ethereum Classic's metrics have seen a significant increment this month due to Ethereum's merge being scheduled for mid-September. Ethereum Classic hashrate has increased by 23.90% since the beginning of July. Its daily transactions have also increased by 62.90%. Ethereum Classic's price has also increased by over 200% in July. Ethereum Classic continues to be the sole beneficiary of Ethereum's ongoing transition from...

Jul 25 2022

Vitalik Buterin: Ethereum Classic Will Definitely Welcome PoW Fans, it is a Totally Fine Chain

Summary: Ethereum's Vitalik Buterin has suggested that the Ethereum Classic community will definitely welcome proof-of-work fans after the Merge. He points out that Ethereum Classic is 'totally fine chain.' ETC's price has benefited from the speculation that the Ethereum Classic network will absorb some of Ethereum's ecosystem in terms of miners and dapps post-Merge. Ethereum's co-founder, Vitalik Buterin, has pointed out that anyone...

Mar 17 2022

Hive Blockchain Increases Mining Activities Using Intel ASIC Chips

Notwithstanding the issues and turbulence in the crypto sector, operators are still enthusiastic and forward-thinking about it. Even though it seemed that mining activities would see a decline given the China crackdown last year, recent developments tell a different story. One of the reasons for frowning at mining activities was too much power consumption. So now, operators are looking for ways to carry...

Jun 22 2021

DCG to Buy Shares of Grayscale’s Ethereum Classic Trust Worth $50M

Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic's value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping below $30k The parent company of Grayscale, Digital Currency...

Jun 11 2021

Ethereum Classic (ETC) To Undergo Magneto Hard-fork around July 21st

Ethereum Classic's Magneto Hard-fork will happen at block 13,189,133 The Ethereum Classic upgrade is estimated to occur on July 21st ETC's Magneto upgrade will implement ECIP1103 alongside Ethereum's Berlin upgrade components The Ethereum Classic (ETC) Network will undergo a network upgrade around the 21st of July. The upgrade, dubbed Magneto, will happen at block 13,189,133 which is estimated to occur at the aforementioned...

May 07 2021

Ethereum Classic (ETC) Hashrate Hits an All-time High of 33TH/s

Ethereum Classic's hash rate has hit an all-time high of 33TH/s This is the highest hash rate since ETC was launched in 2016 Ethereum Classic has also set a new all-time high of $179.83 - Binance rate ETC is now ranked 13th in terms of market cap and still trading at a premium on Coinbase Pro ETC could be gearing up for a...

May 06 2021

Ethereum Classic (ETC) is Trading at a 13% Premium on Coinbase Pro

Ethereum Classic (ETC) has set an all-time high of $109.855 - Binance rate Ethereum Classic is trading at $121 on Coinbase Pro This translates to a 13% premium value of Ethereum Classic Such a high ETC value on Coinbase Pro shows that its ongoing rally is driven by retail traders Ethereum Classic's website is back online after going down earlier this week The...

Jan 06 2021

Ethereum Classic (ETC) Will Surge Past $7k in the Next Decade – Report

Summary: With Ethereum migrating to a PoS network, Ethereum Classic will be the choice PoW platform with smart contract capabilities ETC's recent 51% attacks have only made it stronger with new upgrades Ethereum Classic has a capped supply just like Bitcoin If Bitcoin's market cap hits $3 Trillion, ETC's will be around $1.5 Trillion or around $7,100 per ETC Last year, the digital...

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