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Reddit Asks Ethereum Community for a Scaling Solution
19.6.2020
Reddit is working on scaling its recently added Ethereum (ETH) crypto rewards system, and has asked its own community to lend a hand.
"Ethereum" and "scaling" are words that are often paired together. But as the network moves towards its second iteration, named Ethereum...
Sender of USD 5.3 Million ETH Transactions Reportedly Revealed
17.6.2020
It seems that the victim of last week's USD 5.28 million Ethereum (ETH) fee transactions has been revealed.
Blockchain analytics and security firm PeckShield claims to have identified the sender - a South Korean peer-to-peer crypto exchange Good Cycle. Furthermore, this small exchange...
Stablecoin Volume Now 5x ETH Volume on Ethereum – Report
17.6.2020
Stablecoin volume on Ethereum (ETH) is now up to 5 times greater than the on-chain volume of the network’s native token, ETH, a new report from blockchain analytics firm Glassnode reveals.
More precisely, the combined volume of all stablecoins on Ethereum surpassed the ETH volume a year ago,...
South Korean Police Bust Suspected USD 41.5M Ethereum Crime Ring
12.6.2020
Police in Seoul, South Korea, have searched and seized data from at least two unnamed crypto exchanges in the hunt for the masterminds of a suspected ethereum (ETH) fraud ring believed to be worth at least USD 41.5 million.
Per reports from KBS and Joongang Ilbo, the ring made use of multi-level...
Ethereum Transaction Fee Mystery Just Got More Mysterious
12.6.2020
Yet another abnormal ether transaction occurred on the Ethereum (ETH) blockchain for the third time. Now, someone transferred ETH 3,221 (USD 762,990) with a somewhat lower transaction fee of ETH 2,310 (USD 544,028).
The transaction occurred on the block 10247265, on June 11, 12:14 PM UTC time....
Another USD 2.6M Paid in Ethereum Fees - Many Doubt it's a Mistake
11.6.2020
Source: Adobe/djjeep_design
Another USD 2.6 million in fees was paid for a different Ethereum (ETH) transaction, and people are doubting that this is a mistake as previously thought.
The Cryptoverse was surprised by yet another small value sent with a dizzying fee within 24 hours. Compared...
The Most Dizzying Fee 'By Far' Paid for an Ethereum Transaction Today
10.6.2020
So, somebody today sent over USD 100 worth of ethereum (ETH) for a fee of over USD 2.5 million. Yes, in that order. The transaction caused an uproar in the Cryptoverse.
Per transaction details, this person sent ETH 0.55, at the time worth USD 133.93, but they paid a whopping ETH 10,669, or USD...
DeFi Capitalization Doubles In Two Months; Up To 1K New Users Per Day
9.6.2020
The total market capitalization for decentralized finance (DeFi) products, total value locked in DeFi, and staking-ready Ethereum (ETH) wallets - are all seeing their numbers grow. At the same, the number of new users coming to DeFi might be up to 1,000 a day.
We’re "still very early...
'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman
4.6.2020
Jerome Powell. Source: a video screenshot, Youtube/CNBC Television
The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...
Did Vitalik Buterin Just Say That Ethereum Is Now More Important Than Bitcoin?
3.6.2020
Vitalik Buterin. The crypto space needs to acknowledge and adjust to the reality that finance is no longer as important as it was in the last decade, and embrace the current shift from crypto as finance to include crypto as decentralized entities as well, Ethereum (ETH) co-founder Vitalik Buterin...
Ethereum's Layers, Mining moves, Swiss Bitcoin Banking + More News
2.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Ethereum (ETH) co-founder Vitalik Buterin said that the initial deployment of Ethereum's layer 2 scaling strategy...
These High Profile Bitcoin Investors Accumulate Ethereum Too
1.6.2020
Source: Adobe/H_Ko
Following strong price gains this year, prominent bitcoin (BTC) investors are revealing their growing interest in ethereum (ETH).
The most recent example is Garry Tan, Co-founder of venture capital firm Initialized Capital, and one of the early investors in major crypto exchange...
Ethereum is Close to Being Flipped on its Own Blockchain - Analyst
29.5.2020
ERC20 tokens are taking over the Ethereum (ETH) network, potentially hurting the network's own coin ETH, according to an analyst. But all is not grim.
The ERC20 standard tokens are approaching 50% of the total value stored on Ethereum and "ETH is increasingly close to being flipped on its...
Ethereum Now ‘Significantly Undervalued’ - Researchers
27.5.2020
Despite a rebound of more than 100% since the crypto market crash on March 12, ethereum (ETH) remains “significantly undervalued,” and could be poised for further upside, crypto research firm Blockfyre believes.
In a recent Twitter thread, the firm noted that while ETH prices have remained...
Crypto Market Sentiment Almost Unchanged, Ethereum Enters Positive Zone
25.5.2020
Cryptocurrency market sentiment remains in the neutral zone after taking a dive last week. According to the crypto market sentiment analysis tool Omenics, the combined moving 7-day average market sentiment score for the top 10 coins has slightly increased. It went from last week’s 5.08 to 5.13/10...
Steem Drama Heats Up as Tron's Justin Sun Threatens Vitalik Buterin
20.5.2020
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
Founder of Tron (TRX), Justin Sun, said he "will personally 100% sponsor anyone who was harmed by the DAO incident" and is seeking damages from Vitalik Buterin, Co-founder of the competing...
Cryptoverse Upvotes and Downvotes Reddit's Experiment on Ethereum
15.5.2020
Source: Adobe/Stockwerk-Fotodesign
Though it has many supporters from the Cryptoverse, the long speculated-about, newly-introduced, blockchain-based points system on the popular discussion forum Reddit, unsurprisingly, has its critics too.
As reported yesterday, Reddit has confirmed their point...
Reddit Picks Ethereum For Its New Points, Offers 'Complete Control, Like Bitcoin'
14.5.2020
Following widespread speculation that the popular discussion forum Reddit is about to launch a new points system built on top of the Ethereum (ETH) blockchain, the forum itself has now finally confirmed a new system that allows users to “earn a piece of their favorite communities,” with the help...
TD Ameritrade-Backed ErisX Joins Ethereum Futures Market
12.5.2020
Major online trading platform TD Ameritrade-backed American crypto exchange ErisX starts offering regulated futures contracts with ethereum (ETH) as the underlying asset.
The new futures contract will be based on the ETH/USD spot rate and will be listed with monthly and quarterly expirations,...
Options Market Shows Bearish Outlook on Ethereum Price
4.5.2020
Despite the recent strong sentiment seen in the spot market, options traders appear to be skeptical about current ethereum (ETH) price, with contracts expiring in May, June, September, and December all showing higher than 50% probability that the price will fall.
Currently trading around the...