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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.

Solana

Overall NFT trading volume fell after January's record-breaking month, but some networks are seeing gains amid the wider slump.

NFT Market Cools as Trading on Ethereum and Solana Dips

Infura says it accidentally changed its settings too broadly after Venezuelans complained of being blocked.

Ethereum's Infura Cuts Off Users to Separatist Areas in Ukraine, Accidentally Blocks Venezuela

Ethereum's MetaMask Wallet and Infura Cut Off Users in 'Certain' Sanctioned Countries

Bitcoin

Chicago Mercantile Exchange (CME) Group is preparing to launch new micro-sized options contracts for the two largest crypto assets by market cap. According to a press release, the new Micro Bitcoin and Micro Ether contracts will be one-tenth the size of a single Bitcoin (BTC) and Ethereum (ETH), respectively. The trading feature will go live […] The post Chicago Mercantile Exchange To Offer New Bitcoin (BTC) and Ethereum (ETH) Options Trading appeared first on The Daily Hodl.

Chicago Mercantile Exchange To Offer New Bitcoin (BTC) and Ethereum (ETH) Options Trading

The firm also used Lido to stake a portion of a16z Crypto's ether holdings on the Beacon chain.

A16z Investing $70M In Ethereum Staking Provider Lido Finance

The tokens will be distributed to crypto users who made donations to the Ukrainian war charity.

Ukraine Begins Airdrop of WORLD Tokens on Ethereum

Dogecoin

Cryptocurrency donations to the Ukrainian government and non-governmental organizations (NGOs) have exceeded $52 million.

More Than $52M In Bitcoin, Ethereum, Dogecoin Has Been Donated To Ukraine So Far

Ethereum (CRYPTO: ETH) donations to war-torn Ukraine have surged after its government confirmed on Tuesday that it would conduct a cryptocurrency airdrop, data from Dune Analytics showed.

Ukraine's Crypto Airdrop Confirmation Triggers Spike In Ethereum Donations

Bitcoin, Dogecoin, and Ethereum were muted on Wednesday evening, with the global cryptocurrency market cap edging 0.4% lower to $2 trillion, as the U.S. Federal Reserve stuck to a hawkish tone even as war raged on in Ukraine.

Bitcoin, Ethereum, Dogecoin Trade Flat — Is Hawkish Fed Taking Some Wind Out Of The Crypto Sails?

Bitcoin and cryptocurrencies have won their fair share of supporters from the world of Wall Street over the last year...

A Legendary Billionaire Just Flipped On Crypto—And Revealed A Huge Price Bombshell Is Headed Toward Bitcoin And Ethereum

Ukraine's official Twitter account teased an “airdrop” Thursday morning, and though details remain sparse about the initiative, the announcement appears to have triggered a fresh influx of donations. As shown in a pair of Dune Analytics dashboards tracking the accumulation of ETH to the government's coffers, the amount jumped in the early hours of March […] The post ETH donations to Ukraine's government spike after ‘airdrop' announcement appeared first on The Block.

ETH donations to Ukraine's government spike after ‘airdrop' announcement

Terra

Ethereum (CRYPTO: ETH) — the world's second-biggest cryptocurrency and the one that introduced smart contracts (enabling decentralized finance and non-fungible tokens, among other things) — was just overtaken by a novel cryptocurrency in a key metric.

Ethereum Was Just Overtaken By Terra In This Key Metric

Polkadot

Ukraine is gearing up to airdrop a new crypto asset to its donors as Russia continues its invasion of the Eastern European nation. According to Ukraine's official Twitter, the snapshot for the airdrop will occur today and will reward those who supported the country's defense effort against Russia with a digital asset that hasn't yet […] The post Ukraine To Airdrop New Crypto Asset to Supporters As Bitcoin, Polkadot, and Ethereum Donations Top $50,000,000 appeared first on The Daily Hodl.

Ukraine To Airdrop New Crypto Asset to Supporters As Bitcoin, Polkadot, and Ethereum Donations Top $50,000,000

On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips' Evening Sale of 20th Century & Contemporary Art will auction Basquiat's “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or […]

Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments

Newly received donations, which have been used for military equipment and food, include $6.5 million from auctioning off a Ukraine flag NFT—the tenth most expensive NFT sale ever.

Crypto Donations To Ukraine Top $52 Million As Funds Pour In From Bitcoin, Ether, PolkaDot And NFTs

Following Tuesday's price surge, bitcoin was trading lower during today's session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block on Wednesday, as traders appeared to once […]

Bitcoin, Ethereum Technical Analysis: BTC Surge Stalls at Key Resistance Level

Cosmos

A buzzy airdrop and a novel tokenomic structure highlight the latest EVM-compatible launch on Cosmos.

Evmos Looks to Jumpstart Ethereum–Cosmos Interoperability With Airdrop, Mainnet Launch

Ukraine has received a total of $20 million in Bitcoin and Ethereum combined since the country began taking donations last week.

Ukraine's Bitcoin, Ethereum Wallets Receive $20 Million in Donations

Could adding a native token to Ethereum's layer 2s could give the ecosystem an upper hand?

What Tokenization Could Do for Ethereum Scaling Solutions

Major coins presented a mixed picture Tuesday evening with Ethereum trading flat, but Bitcoin trading in the green as the global cryptocurrency market cap rose 1.4% to $2 trillion.

Bitcoin, Ethereum, Dogecoin Shoot Up, Decoupling From US Stocks — Are Sanctions, War Fueling The Rise Of Crypto?

Cardano

Avalanche

The bitcoin price has added more than 20% since dropping to lows of under $35,000 per bitcoin last week. Meanwhile, the price of ethereum and smaller coins BNB, solana, cardano, XRP, Terra's luna and avalanche have also rocketed higher...

‘Mexico Is On The List'—Other Countries Could Soon Follow El Salvador In Bitcoin Adoption As The Price Of Ethereum, BNB, Solana, Cardano, XRP, Terra's Luna And Avalanche Soar

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were trading flat on Tuesday afternoon, after each soared about 26% over the past six days.

Chart Wars: Between Bitcoin And Ethereum, Which Cryptocurrency Has Room To Soar Higher?

LAPSUS$, the hacking group behind the NVIDIA Corporation (NASDAQ: NVDA) data breach last week, is now selling a way to bypass the hash rate limiter on the graphics card used to mine Ethereum (CRYPTO: ETH).

Nvidia Hackers Are Selling A Way Around Ethereum GPU Mining Limiter

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants […]

Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked

Ethereum (CRYPTO: ETH) isn't just for NFTs. The growth of cryptocurrency tokens, Ethereum included, is largely due to active interest and investments.

News for Ethereum Crypto (ETH)