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.

Ethereum co-founder Vitalik Buterin has officially ended a decade-long wait by unveiling EIP-8141, an "omnibus" proposal that fundamentally rewrites how users interact with the blockchain.

Vitalik's "Omnibus" Mic Drop: EIP-8141 and the End of the Dumb Wallet

Bitcoin

Dogecoin

Bitcoin held near the $66,000 level despite persistent extreme fear sentiment and rising geopolitical tensions between the U.S. and Iran; liquidations stand at $316.95 million over the past 24 hours. Bitcoin ETFs saw $27.6 million in net outflows on Friday, while Ethereum ETFs reported $43 million in net outflows.

Bitcoin Steady At $66,000 As Ethereum, XRP, Dogecoin Slip On US-Iran Engagement

Record outflows indicate that institutional appetite for digital assets has collapsed.

Over $9 billion flees bitcoin and ether ETFs in four months

Leading cryptocurrencies moved sideways on Sunday, while gold and crude oil spiked amid investor concerns over escalating Middle East tensions. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:20 p.m.

Bitcoin, XRP, Dogecoin Flat, Ethereum Gains Amid Escalating Iran War: Analyst Says 'Peak Fear' Behind Us As Conflict 'Heavily Priced' In Already

The binary tree proposal is a concrete, in-progress effort, while the VM transition remains more speculative and lacks broad consensus among developers.

Vitalik Buterin lays out a two-part plan to overhaul Ethereum's execution layer from the ground up

Ethereum co-founder Vitalik Buterin outlined an ambitious, years-long plan to make the Ethereum base layer faster, leaner, and eventually quantum-resistant, starting with shorter slot times and near-instant finality.

Strawmap Unpacked — Vitalik Buterin Breaks Down Ethereum's Push for Faster UX on Layer 1

Solana

Solana led major tokens with a 10.8% bounce, while ether reclaimed $2,000 and bitcoin climbed back above $66,800 ahead of traditional futures opens on Sunday.

Ether, solana, xrp surge up to 10% as majors recover Saturday's war-driven losses

The cryptocurrency market served as a real-time volatility barometer over the weekend as joint U.S. and Israeli strikes on Iran triggered a sharp sell-off while traditional markets were closed. The Bitcoin Benchmarking The cryptocurrency market once again fell victim to its own always-on architecture.

Altcoins Crumble: ETH, XRP, SOL Lead Losses Amid Geopolitical Tensions

Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend.

Bitcoin Holds Support While Ethereum, XRP, Dogecoin Slide On Friday

Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $65,364.43 Ethereum (CRYPTO: ETH) $1,921.84 Solana (CRYPTO: SOL) $81.58 XRP (CRYPTO: XRP) $1.35 Dogecoin (CRYPTO: DOGE) $0.09324 Shiba Inu (CRYPTO: SHIB) $0.055740 Notable Statistics: Coinglass data shows 96,079 traders were liquidated in the past 24 hours for $259.25 million.

Magic Eden is pulling support for Ethereum-compatible and Bitcoin-based assets, marking an end to its multi-chain approach to user adoption.

Magic Eden Pulls Plug on Bitcoin and Ethereum Support, Doubles Down on Solana

South Korea's tax service shared the seed phrases for seized wallets in a press release. The contents were then taken, but ultimately returned.

Ethereum Tokens Swiped, Returned After South Korean Tax Service Publishes Wallet Seed Phrases

The new post reflects Buterin's renewed focus on scaling Ethereum's base layer, after several years in which much of the ecosystem's scaling strategy centered on layer-2 rollups.

News for Ethereum Crypto (ETH)