Sign In

Ethereum for Dummies

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says …

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge Read More »

Ethereum Merge Might Happen in August as Testing Enters Final Round

Speaking at the Permissionless 2022 Conference in Florida, the U.S., Ethereum Researcher Justin Drake disclosed that the merge of Ethereum (ETH) might happen in August. Market insight provider Bankless pointed out. He noted: “Strong desire to make this happen before difficulty bomb in August. Stars are aligned.” Meanwhile, Ethereum core developer Preston Van Loon shared similar …

Ethereum Merge Might Happen in August as Testing Enters Final Round Read More »

Is Ethereum on the verge of another bull run?

Ethereum is the most well-known altcoin, and it’s much more than just another cryptocurrency for many investors and enthusiasts alike. And experts say it could grow in value by as much as 400% in 2022. Ethereum’s native token, Ether (ETH), has grown immensely in value since its creation. Launched in 2015 by computer programmer Vitalik Buterin, Ether has …

Is Ethereum on the verge of another bull run? Read More »

Getting There: Ethereum Merge Completed On Kiln Testnet

Ethereum’s Kiln testnet has successfully passed the merge, however, with a few minor flaws.   Merge testing continues As part of their plans to phase out mining, the Ethereum Foundation needs to merge Ethereum’s execution layer, which still operates under Proof of Work, with the Proof of Stake enabled consensus layer, formerly called Ethereum 2.0. This …

Getting There: Ethereum Merge Completed On Kiln Testnet Read More »

10M Ether Now Locked on Eth 2.0 Staking Contract

The landmark figure represents over $26 billion worth of the asset at current prices. Over 10 million ether (ETH) is now locked on Ethereum’s Eth 2.0 staking contract ahead of a planned upgrade to a proof-of-stake blockchain, data from analytics tool Dune Analytics show. The landmark figure was reached nearly 15 months after Eth 2.0 staking went live in …

10M Ether Now Locked on Eth 2.0 Staking Contract Read More »

Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research

With knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research by releaseing a new wave of grants worth $750,000. Per the announcement: “This grants round aims to support formal research on Ethereum and related domains while bringing more actors into the ecosystem. The …

Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research Read More »

Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion

The pool is possibly the first of its kind to cut services to Russian users. Flexpool, the world’s fifth-largest Ethereum mining pool, became possibly the first of its ilk to cut services to Russian users following the country’s invasion of Ukraine. The move was taken to show solidarity with Ukraine. “We generally do not get involved …

Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion Read More »

Puma registers ENS domain, changes name to Puma.eth on Twitter

The sports company added the ENS domain name to its growing collection of NFTs, joining Nike and Adidas in the metaverse. Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German sportswear brand registered the …

Puma registers ENS domain, changes name to Puma.eth on Twitter Read More »

Ethereum System Skale Launches $100M Ecosystem Fund

The fund, which coincides with the March launch of Skale v.2, will kick off with $5 million in grants for blockchain gaming projects. Skale said Friday it has created a $100 million ecosystem program to give developers incentives to build on its platform. Launched in 2018, Skale is a decentralized network of blockchains built on Ethereum, …

Ethereum System Skale Launches $100M Ecosystem Fund Read More »

Analyst say Ethereum price could fall to $1,700 if the current climate prevails

Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market. Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and …

Analyst say Ethereum price could fall to $1,700 if the current climate prevails Read More »