Ethereum

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

The Ethereum blockchain is preparing a significant upgrade, called the Ethereum Merge, tentatively scheduled for Sept. 13-16, 2022.

The Merge reflects a shift in Ethereum’s protocol in which the blockchain will move from a “proof-of-work” to “proof-of-stake” system.

Miners validate transactions by solving complex calculations before a new block can be added to the chain. This is the mechanism that Bitcoin ($BTC) runs on.

Miners are replaced by “validators,” who stake the ETH they own to validate new blocks on the chain. Avalanche ($AVAX) and Solana ($SOL) are proof-of-stake.

The Ethereum Foundation reports that moving to a proof-of-stake model will reduce the blockchain’s energy consumption by more than 99%.

Ether ($ETH) is Ethereum’s native crypto asset, while Ethereum is the underlying blockchain. No disruptions to ETH are expected following the Merge.

Unlike Bitcoin, the founder of Ethereum is publicly known. Vitalik Buterin published Ethereum’s introductory paper in 2013 and launched the project in 2015.

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games.

The Ethereum Foundation

*This content is for educational purposes and is not investment advice.

Some of Ethereum's largest holders are coming together to fund a new research and development lab aimed at boosting the network and ETH.

BitMine, Sharplink, Joe Lubin Back New Ethereum Research and Development Lab

Ethlabs, backed by Joe Lubin and the two largest ETH DATs, Bitmine and SharpLink, will focus on institutional adoption.

Bitmine, SharpLink and Joe Lubin back Ethlabs nonprofit to advance Ethereum's ‘next phase' of growth

Ethlabs was formed with support from SharpLink, Bitmine and Consensys CEO Joe Lubin as the network's development is expanding beyond the Ethereum Foundation.

Ether's biggest corporate holders back new Ethereum research hub

The well-known trading bot took a hit this weekend after it fell victim to a series of transactions that left its logic exposed.

Ethereum MEV Bot JaredFromSubway Threatens Legal Action After $7.5 Million Loss

The Ethereum community is once again debating the future of the foundation after co-executive director Hsiao-Wei Wang announced she would step down.

Ethereum Foundation talent exodus sparks fresh debate over leadership

Researchers estimate more than $1.7 million was stolen after attackers allegedly exploited Taiko's proof verification process.

Ethereum Layer-2 Taiko Warns Users to Withdraw Bridge Funds After Security Breach

The leading Ethereum treasury firm inched closer to its goal of accumulating 5% of the ETH circulating supply.

Tom Lee's BitMine Adds $92 Million in Ethereum, Hits 4.7% of Total Supply

Bitmine added 52,203 ETH, lifting holdings to 5.67 million ETH as Tom Lee reiterated long-term crypto optimism outlook.

Tom Lee says ‘best years for crypto remain ahead' as Bitmine buys another 52,203 ETH

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply.

Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'

Solana

Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Bitcoin

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts.

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum

A post on the Ethereum Research forum proposes letting validators vote to redirect up to 10% of staking rewards to fund public goods.

Ethereum ‘tax' debate erupts over proposal to redirect portion of staking rewards to ecosystem funding

An attacker forged withdrawal proofs to drain about $1.7 million, the same flaw class behind this year's biggest bridge hacks. Fast containment kept the damage small.

Taiko halts its Ethereum layer 2 network after a bridge exploit, token dives 10%

A new governance proposal would let validators redirect part of their staking income toward ecosystem funding, raising questions about coordination, incentives and who gets to decide where the money goes.

Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal

Onchain security firm Blockaid said the root cause of the exploit could be a flaw in Taiko bridge's source-signal proof validation.

Ethereum Layer 2 Taiko halts block production following exploit; urges users to withdraw funds

A proposal that seeks to implement a semi-voluntary redirect rate to subsidize the creation and operation of shared infrastructure by validators. If the majority of validators agree, the rate becomes mandatory for all, and they can choose which organization gets part or all of these funds.

Ethereum Infrastructure Funding: Kleros Founder Proposes Protocol-Level Validator Redirect Rate

Blockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT.

Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit

The Ethereum Foundation has lost at least eight senior figures in five months after co-executive director Hsiao-Wei Wang resigned this week, further deepening a leadership vacuum at the organization that stewards the second-largest blockchain.

Ethereum Foundation Hit by Leadership Exodus: 8 Senior Figures Gone in 5 Months

Morgan Stanley has filed fresh amendments for its proposed ethereum and solana ETFs, revealing 0.14% sponsor fees for both funds. The filings also show plans to stake part of the assets through Figment, Galaxy, and Coinbase Canada.

Morgan Stanley Sets 0.14% Fee on Amended Ethereum and Solana ETFs Filing

Pseudonymous trader Pentoshi has branded ether a cursed asset stuck in a lost decade, arguing the token sits near the same level it traded nine years ago and, adjusted for inflation, about 14% below its 2017 high.

Ethereum Trades Flat Over 9 Years, 14% Below Its 2017 High Once Inflation Is Counted

Former EF contributor VanEpps warned Ethereum could face a core development funding crisis within 3-9 months after CIP expired.

Ethereum could face core development ‘funding crisis' within nine months, says former EF contributor

The disclosure of additional amendments typically reflects active communication with the SEC and progress in the launch process.

Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market

Dogecoin

Leading cryptocurrencies fell, while stocks rebounded on Thursday as investors parsed the hawkish pivot in the Federal Reserve's policy.

Bitcoin, Ethereum, XRP, Dogecoin Slide Further Amid Fed's Hawkish Shift: Analyst Paints This Upside Target For BTC If It Holds $64,000 As Support

Ethereum (CRYPTO: ETH) recorded all-time highs in users, transactions and throughput during Q1, even as its market capitalization, trading activity and fee generation declined amid broader crypto market weakness. Activity Surge, But Financial Metrics Dive Ethereum's network delivered record levels of usage during the quarter, with monthly active users, transaction counts and throughput reaching new highs, the Token Terminal Q1 ecosystem report stated on June 18.

Ethereum Dumps Below $1,700 But Hits All-Time Highs In Users, Transactions: What Is Going On?

Bitcoin extended losses as markets reacted to a hawkish Federal Reserve stance under new Chair Kevin Warsh, boosting the U.S. dollar and weighing on risk assets.

News for Ethereum Crypto (ETH)