Tag: ethereum

Jul 23 2021

Ethereum’s Move to Proof-of-Stake Hit a New Milestone Yesterday

Jul 23 2021 Published at Unchained Podcast under tags  bitcoin blockfi crypto daos ethereum

July 23, 2021 / Unchained Daily / Laura Shin Daily Bits...

Price Prediction for Polygon Crypto

High commissions in the Ethereum cryptocurrency network are breaking all records. In 2021, the average commission exceeded the $20 mark and continues to grow. This is due to the hype around Ethereum-based decentralized finance (DeFi) tokens that slows down the work of the blockchain. However, there is one project called MATIC that offers a Layer 2 solution to increase the bandwidth of Ethereum...

Large Ethereum Addresses Increase ETH Accumulation

ETH whales accumulated nearly 1.65 million coins in the last six days.

Ripple vs SEC: Big Procedural Win for XRP, Former SEC Official Allowed to Testify

In 2018, the Securities and Exchange Commission (SEC) official William Hinman argued that Ethereum is sufficiently decentralized and therefore can’t be considered a security. At the time, the SEC decision was received positively by the crypto community, however, it received a fair bit of scrutiny by legal experts as it inadvertently introduced unprecedented addition to the so-called Howey Test, a US Supreme Court’s...

Ethereum May Get Millions More Users via Reddit on Layer 2

Social content aggregation platform, Reddit, has selected Layer 2 Ethereum solutions provider, Arbitrum, to scale its community points program. The move could potentially onboard millions of new users to the Ethereum ecosystem. Reddit made the announcement on July 22, adding that it will be testing the scaling network on the Rinkeby testnet, before migrating to the Ethereum mainnet. The U.S. social media giant...

What is Ethereum’s update EIP-1559 and what will it bring?

The implementation of Ethereum's upgrade proposal, EIP-1559 could go live on August 4. Ethereum, the most popular blockchain, introduces the EIP-1559 update. This proposal exists to enhance the way transactions are processed and improve the user´s experience. It has the potential to be one of the most important updates in the history of Ethereum....

Reddit Goes Arbitrum L2 To Scale Community Points Program

Reddit announced that it has chosen Arbitrum L2 - an Ethereum based scalability solution featuring roll ups to scale it’s community points program on July 22. It will operate first on the Rinkeby testnet, before being implemented on the Ethereum mainnet itself. Since Reddit has...

THORChain Hacked For $8M Again, Whitehack Suspected

THORChain suffered another hack for $8M, exactly six days after the last hack on July 23. The team announced on their Twitter handle that it was a sophisticated attack on the Ether (ETH) router and the exploit was self- limited, hinting at a white hack episode - which means that it wasn't a malicious entity who executed the hack, but rather someone who wanted...

Jul 22 2021

Elon Musk Confirms He Owns Dogecoin, Bitcoin, Ethereum

Jul 22 2021 Published at Bitcoinist.com under tags  altcoins bitcoin crypto dogecoin elon musk

Dogecoin continues to remain on Elon Musk’s list as the billionaire confirmed he held Doge, bitcoin, and ethereum. Speaking at the B Word conference on Thursday, Elon Musk confirmed that he held a couple of cryptos. The digital assets he held included bitcoin, ethereum, and no other than Dogecoin. The SpaceX CEO is fondly known in the community as the Dogefather. And it...

Why Ethereum’s Creator Vitalik Buterin Believes It Should Expand Beyond DeFi

Jul 22 2021 Published at Bitcoinist.com under tags  eth ethereum ethusd

Vitalik Buterin spoke at the Ethereum Community Conference (EthCC) on how the network can grow beyond its most popular use case, Decentralized Finance (DeFi). Buterin highlighted that the project originally was supposed to go to areas beyond this use case. The different projects that comprised the DeFi ecosystem on Ethereum have seen great...

Add This $74B Company to the List of Those Holding BTC

July 22, 2021 / Unchained Daily / Laura Shin Daily Bits...

Elon Musk and Jack Dorsey Express Their Support for Crypto at the B Word Conference, Prices Soar

At Wednesday’s live-streamed session hosted at The B Word Conference, Tesla’s self-declared ‘Technoking’ Elon Musk, Twitter’s co-founder Jack Dorsey and ARK Invest’s CEO Cathie Wood appeared as guests. The trio of CEOs was asked poignant questions regarding the cryptocurrency industry.

Bitcoin and Ethereum Lead $100 Billion Crypto Market Jump

The overall market cap of digital currencies jumped above $1.3 trillion on Thursday.

Jul 21 2021

Maker DAO Switches To Complete Decentralization

Maker DAO - the leading collateralized stable-coin project announced on July 20 that it has successfully completed the transition to a decentralized autonomous organization (DAO) structure and the current Maker DAO foundation is all set to dissolve in the coming months, former CEO Rune Christensen said in a post titled...

70% of Institutional Investors Expect to Do This

Jul 21 2021 Published at Unchained Podcast under tags  bitcoin crypto daos ethereum ftx

July 21, 2021 / Unchained Daily / Laura Shin Daily Bits...

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