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.

Optimism

Ronin migrates from an Ethereum sidechain to an OP Stack Layer 2 on May 12, four years after Lazarus hackers stole over $600M in crypto.

From hack to OP Stack: Ronin to migrate from gaming sidechain to Ethereum Layer 2 four years after Lazarus attack

Bitmine Immersion bought another 26,659 ETH ($62 million) last week and now holds more than 5.2 million ETH in total.

‘Crypto spring has commenced,' Tom Lee says as Bitmine's weekly accumulation slows below 100,000 ETH pace

The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.

Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year

The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.

Ronin set to transition to Ethereum layer 2 from independent sidechain

Bitcoin

Dogecoin

Bitcoin trades near $81,000 early Monday as crypto markets stabilizes ahead of a key week for regulation, with traders closely watching the upcoming CLARITY Act discussion scheduled for May 14. Bitcoin ETFs saw $145.7 million in net outflows on Friday, while Ethereum ETFs reported $3.6 million in net inflows.

Bitcoin Holds $81,000 As Ethereum, XRP, Dogecoin Stabilize On Monday Morning

A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.

Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days

Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs.

XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45

Leading cryptocurrencies spiked while stock futures fell Sunday evening as investors reacted to President Donald Trump's scathing statement on Iran.

Bitcoin, Ethereum, XRP, Dogecoin Rally Even As Trump Flays Iran's Response To Proposal: Analyst Says It's 'Simple' For BTC As Long As This Happens

Crypto companies are upgrading wallets to counter the coming quantum computing threat, but gaps remain.

Crypto Firms Race to 'Quantum-Proof' Wallets Before Bitcoin, Ethereum Networks Catch Up

Aave

Arbitrum

The order shields anyone who votes on the transfer from being held in violation of the freeze, though the ultimate fate of the funds remains unclear.

Arbitrum's $71 million in ETH cleared for Aave transfer as North Korea terrorism creditors retain legal claim

Ethereum's share of total decentralized finance ( DeFi) liquidity has fallen to its lowest level in years, as rival blockchains chip away at a dominance that once exceeded 63%. Rival Chains Close the Gap In absolute terms, Ethereum still commands the largest DeFi stack on any single chain, with approximately $45.50 billion in TVL.

Ethereum's DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low

A U.S. federal judge has authorized the transfer of approximately 30,765 ETH, worth roughly $71 million, to an Aave-controlled wallet, clearing the final legal obstacle in decentralized finance's most complex recovery effort to date.

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase

Blackrock has filed paperwork to debut two tokenized money-market funds on the Ethereum network, offering stablecoin holders a regulated, yield-bearing alternative to sitting in idle digital dollars. Blackrock Eyes $6.1B Fund Tokenization The world's largest asset manager has submitted paperwork to U.S. regulators to launch a digital share class tied to its roughly $6.

Blackrock to Launch Tokenized Money-Market Funds on Ethereum

Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Bitcoin jumped above $80,000 as Middle East tensions continue to linger.

Bitcoin At $80,000 As Ethereum, XRP, Dogecoin Trade Flat On Friday

Bitcoin is trading around $80,000 as Middle East tensions escalate and ETFs reverse course with significant outflows, breaking five consecutive days of heavy inflows. Bitcoin ETFs saw $277.5 million in net outflows on Thursday, while Ethereum ETFs reported $103.5 million in net outflows.

Bitcoin At $80,000, Ethereum, XRP, Dogecoin Wobble On Middle East Tensions

A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment.

Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off

Ethereum's price has resumed its upward trend after being caught between the moving average lines since April 27.

Coinidol.com: Ethereum's Volatility is Limited Above $2,300

A mysterious crypto whale with alleged ties to industry veteran Erik Voorhees has added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain.

Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH

DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum's governance rules delay any transfer for at least eight days

Arbitrum approves $71 Million ETH release despite U.S. seizure fight

Arbitrum delegates back $71 Million ETH recovery plan despite U.S. seizure fight

However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery

Leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal.

Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH

Bitcoin slipped to $80,000 as bulls look for new buyers to step in to extend the relief rally.

Bitcoin Battles For $80,000, Ethereum, XRP, Dogecoin Lose 2% Despite Middle East Progress

At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.

News for Ethereum Crypto (ETH)