Tag: ethereum news

Aug 19 2022

Wife of Detained Tornado Cash is barred from speaking with Him

Ksenia Malik reportedly said that Dutch officials are punishing her husband(the developer of Tornado Cash) as if he "were a dangerous criminal." Hence, a protest is planned. Alexey Pertsev's wife, Ksenia Malik, has blasted Dutch police for treating her husband like a "dangerous criminal" after his detention last week and that the development of open-source […] The post...

Aug 18 2022

ETHPOW Hype ends as Would-Be Token’s Price depreciates

On exchanges where the digital asset is listed, there is still little interest among cryptocurrency traders to bet on ETHPOW Some cryptocurrency exchanges hurried to offer ETHPOW, the token of a hypothetical, competing Ethereum protocol, earlier this month in the hopes that cryptocurrency traders would wager on the token's price even before it was released. […] The post...

Three cloud providers host over two-thirds of Ethereum nodes -Analysis

Aug 18 2022 Published at Coinscreed under tags  cloud providers ethereum ethereum news

According to a post dated August 15, Ethereum nodes are hosted on three large cloud providers including Amazon Web Services (AWS), Hetzner, and OVH with each contributing over 50%, 15%, and 4.1%, respectively. According to crypto analytics platform Messari, the bulk of the 4,653 active Ethereum nodes are held by centralized web service providers like […] The post...

Aug 17 2022

Why Buying Ethereum At This Time Might Be A Bad Idea?

The Ethereum (ETH) Merge is a month away, and the entire crypto community awaits the revolutionary event. In anticipation, most investors have taken to stacking up ETH tokens, awaiting the positive price action The Merge will influence....

Compound Founder On ‘What May Go Wrong’ With Ethereum Merge For Investors

Robert Leshner, founder of Compound Finance and investor at Robot Ventures, has noted a few things regarding The Merge. The Merge is...

Will ETH Finally Flip BTC? Ethereum Options OI Surpasses BTC

Ethereum has recently hit some milestones, as the craze around The Merge remains sustained. The markets are generally recording lows in the derivatives section, with BTC funding rates plummeting. Despite...

Tornado Cash ban spells disaster for Web3 privacy protocols

There are growing worries that the recent penalties imposed by the US government on Tornado Cash could create a "slippery slope" for Web3 privacy and ultimately render the medium "meaningless." Shumo Chu, co-founder of the privacy protocol Manta Network, voiced concerns about the severe penalties against Tornado Cash would have a ripple impact on other […] The post...

Coinbase Lays Out Ethereum Merge Plans

Aug 17 2022 Published at FullyCrypto under tags  cryptocurrency ethereum ethereum news

Reading Time: 2 minutes Coinbase has laid out how it plans to deal with the Ethereum merge next month Deposits and withdrawals will be temporarily disabled while the merge happens Users are being advised to simply do nothing, especially not to send off ETH to be...

ETH deposits and withdrawals will not be executed by Coinbase.

Aug 17 2022 Published at Coinscreed under tags  ethereum ethereum news the merge

Ethereum deposits and withdrawals will not be processed by Coinbase during the merger. For many months to come, even after the integration, staked ETH won't be accessible for withdrawal. During September's "merge" update, Coinbase, the biggest cryptocurrency exchange in the US, will temporarily prohibit ETH deposits and withdrawals. Tuesday, the exchange published a blog post […] The post...

Aug 16 2022

Traders FOMO As ETH price rejects at $2,000.

The strong 82.8% rise since the rising wedge formation began on July 13 surely looks to be a success for bulls even if ETH price rejected the $2,000 barrier on August 14. As the network anticipates the Merge transaction to a proof-of- stake (PoS) consensus network on September 16, the ideal of "ultrasound money" unquestionably draws […] The post...

Health Node Report Questions the Decentralization of SOL

Aug 16 2022 Published at Coinscreed under tags  ethereum ethereum news news solana

The Decentralization of SOL has been questioned by health node report following the recent condition of the Solana's network. For SOL, The validity of its validator network is examined in depth in its first report using key metrics. These consist of distribution, Nakamoto consensus, and the overall number of validators. Dissecting the SOL Nodes According […] The post...

Aug 13 2022

Ethereum Upgrade(The Merge)- Five Top Myths

Dispel the mist around The Merge(Ethereum upgrade), the most major update in Ethereum's history. Here are five myths that stand out from the others. Unintentionally, stories have spread across the community as a result of the enthusiasm around Ethereum's (ETH) forthcoming upgrade, The Merge, which entails the combination of two blockchains — Mainnet Ethereum and […] The post...

Aug 11 2022

Rune Christensen Suggests Selling off $3.5 Billion in USDC Reserves

Aug 11 2022 Published at Coinscreed under tags  cryptocurrencies dai eth ethereum news news

Vitalik Buterin, who is bullish on Ethereum, branded the suggestion made by Rune Christensen a "bad idea." Recently, Rune Christensen, a co-founder of MakerDAO, suggested eliminating all USDC from the DAI stablecoin's peg- stability module. He advised that the $3.5 billion of USDC contained inside be utilized to purchase ETH instead. Even though such a transfer […] The post...

ETH whale transactions reach 2-month high amid Goerli testnet merger

Aug 11 2022 Published at Coinscreed under tags  ethereum ethereum news merger

Ethereum transactions have reached a 2-month high of $1,919 as institutional investors saw weeks of inflows amid the Goerli testnet merger. The transfer from Ethereum's testnet to the mainnet was successfully completed with the merger of the Goerli testnet into the proof-of-stake (PoS) network. The mainnet transfer scheduled for September 19 may occur as planned […] The post...

Aug 10 2022

Optimism TVL surpasses $1 billion ahead of The Merge upgrade

Aug 10 2022 Published at Coinscreed under tags  ethereum ethereum news news optimism the merge

Ethereum layer-2- scaling solution Optimism has surpassed $1 billion in total value locked (TVL) which is nearly 300% M/M as The Merge upgrade approaches. Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284 percent in the last month, according to data from DefiLlama. Users lending and borrowing […] The post...

Tether and Circle to Support Ethereum Transition

Reading Time: 2 minutes Tether and Circle have stated that they will support the post-merge Ethereum Ethereum is due to switch to proof-of-stake in around five weeks Both USDC and USDT will switch to the new network and will not interact with any post-merge...

Reddit, FTX partner to introduce ETH-based community points

Aug 10 2022 Published at Coinscreed under tags  ethereum news news

Reddit is looking to accept cryptocurrency payments thanks to a new agreement with the FTX exchange, customers will be able to utilize FTX Pay to buy Ether (ETH) through compatible Reddit apps. In a joint statement on Tuesday, Sam Bankman-Fried's cryptocurrency exchange FTX and Reddit stated that the platform would incorporate Reddit's Community Points in […] The post...

Aug 09 2022

Zipmex set to resume Bitcoin, Ethereum Withdrawals

Crypto Exchange Zipmex is set to Re-Open Ethereum, and Bitcoin Withdrawals following a July withdrawal halt. The new date for resumption is set as August 11 and August 16 for ETH and BTC respectively. On July 20, Zipmex stopped processing withdrawals from the marketplace, claiming financial difficulties brought on by its exposure to Celsius and […] The post...

Aug 08 2022

Chainlink switches from Ethereum PoW forks to PoS

Aug 08 2022 Published at Coinscreed under tags  chainlink ethereum ethereum news pos the merge

After the Merge, the Chainlink (LINK) protocol will no longer support forked versions of the Ethereum (ETH) blockchain, including Proof of Work (PoW) forks but will switch to the Proof of Stake (PoS) versions. The Chainlink protocol has announced that its services would continue to operate on the Ethereum blockchain following the eagerly anticipated Merge. […] The post...

Analyst Sees ETH Rejection At $1.7k, Is A Major Downfall Ahead?

Aug 08 2022 Published at Coingape under tags  altcoin altcoin news crypto news eth ethereum

Ethereum price is already staging a comeback against the bears, as the space witnesses of late. The most prominent altcoin appears to be recovering some of the values shed in May and June. Amidst this patent recovery, an...

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