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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.

The U.S. Department of the Treasury is sanctioning three Ethereum (ETH) wallets connected to the North Korean hacking group reportedly behind last month's Ronin Network attack. According to a new tweet by the Treasury Department, the Office of Foreign Assets Control (OFAC) is adding three ETH addresses associated with the North Korean Lazarus Group to […] The post U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group appeared first on The Daily Hodl.

U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group

Bitcoin

Internal European Union documents have revealed the extent of anti-bitcoin talks among EU officials...

‘Target The Bitcoin Price'—Internal Documents Reveal How The EU Could Crack Down On Bitcoin And ‘Protect' Ethereum

The price of Ethereum (ETH) is in a downtrend as the largest cryptocurrency loses the $3,000 support.

Ethereum Falls Below $3,000 as Bears Break Support Level

Curve DAO Token

A closely tracked crypto strategist and trader is unveiling one altcoin he believes could record a 900% rally while updating his outlook on Bitcoin (BTC) and Ethereum (ETH). Pseudonymous crypto analyst Credible tells his 327,800 Twitter followers that he expects Bitcoin to correct to as low as $38,000 before it kicks off another rally. “Up […] The post Crypto Analyst Says One Altcoin Could Print 10x Gains, Updates Forecasts for Bitcoin (BTC) and Ethereum (ETH) appeared first on The Daily Hodl.

Crypto Analyst Says One Altcoin Could Print 10x Gains, Updates Forecasts for Bitcoin (BTC) and Ethereum (ETH)

A leading crypto analytics firm says that the address activity on Ethereum is surging despite ETH's recent sideways price movement. In a new tweet, Santiment notes that ETH's daily active address total hit 592,000 on Wednesday, the highest amount since March 18th. “Ethereum's address activity really picked up this week, with Wednesday's 592k addresses being […] The post Ethereum (ETH) Witnessing Surging Activity Amid Price Stagnation, According to Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

Ethereum (ETH) Witnessing Surging Activity Amid Price Stagnation, According to Crypto Analytics Firm Santiment

"We will mint your NFTs, and reveal them as soon as humanly possible," AkuDreams said. The post Smart contract mistake locks up $34 million of ETH for NFT project appeared first on The Block.

Smart contract mistake locks up $34 million of ETH for NFT project

Bitcoin﻿﻿, ethereum and other "fast evolving" cryptocurrencies could soon become a threat to global financial stability, according to the chair of an international body tasked with shoring up the financial system...

Serious ‘Fast Evolving' Global Crypto ‘Threat' Warning After Huge Bitcoin And Ethereum Price Surge

Three additional wallets have been tied to North Korea's Lazarus hacking group following March's Axie Infinity sidechain attack.

US Treasury Links More Ethereum Wallets to $622M Ronin Network Hack

On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company's environmental impact. Bitso to Offset Crypto Transaction Carbon Emissions by […]

Bitso to Offset Carbon Emissions From the Trading Platform's BTC, ETH, ERC20 Transactions

A leading crypto trader warns Ethereum (ETH) holders that ETH may fall further before rising even stronger. In a series of tweets, Justin Bennett explains to his 100,300 Twitter followers what to expect from leading cryptos by market cap Bitcoin (BTC) and ETH over the coming months. “ETH bear now, bull later.” As the trader's chart […] The post Crypto Analyst Warns He's an Ethereum (ETH) ‘Bear Now, Bull Later,' Examines a Stalling Bitcoin (BTC) appeared first on The Daily Hodl.

Crypto Analyst Warns He's an Ethereum (ETH) ‘Bear Now, Bull Later,' Examines a Stalling Bitcoin (BTC)

The US government is continuing to issue sanctions tied to last month's headline-generating attack on Axie Infinity's Ronin sidechain, which resulted in the theft of more than $600 million worth of crypto. The post OFAC sanctions three more Ethereum addresses tied to $600 million Ronin attack appeared first on The Block.

OFAC sanctions three more Ethereum addresses tied to $600 million Ronin attack

Billionaire Mark Cuban is weighing in on what he believes is the true value and function of each sector within the cryptocurrency realm. In a new interview with the Scott Hilton YouTube channel, the entrepreneur says that while Bitcoin will always function as a store of value, he disagrees with maximalists who view BTC as […] The post Billionaire Mark Cuban Reveals Massive Ethereum Position, Says Bitcoin Maximalists Are Wrong About True Upside in Crypto Markets appeared first on The Daily Hodl.

Billionaire Mark Cuban Reveals Massive Ethereum Position, Says Bitcoin Maximalists Are Wrong About True Upside in Crypto Markets

The operators of a crypto wallet added to the U.S. sanctions list continue to offload their funds.

Sanctioning an Ether Address Isn't Stopping Transactions

Decentralized apps and services are widely impacted this morning due to shared infrastructure from Infura.

MetaMask, Ethereum Apps Down as Infura Suffers Outage

Following recent back-to-back surges in price, both ETH and BTC were down during Friday's session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week, the world's largest cryptocurrency was trading lower on Friday, as […]

Bitcoin, Ethereum Technical Analysis: ETH, BTC Down as Prices Fall at Key Resistance Levels  

Cardano

Avalanche

Terra

Solana

A panel of cryptocurrency experts has predicted the bitcoin price will peak at almost $82,000 in 2022 before dropping to just above $65,000 by the end of the year...

Massive 2022 ‘All-Time High' Bitcoin Price Prediction Comes With A Serious Ethereum, BNB, XRP, Solana, Cardano, Luna And Avalanche Warning

Jack Dorsey has made a scathing attack on ethereum, warning it "has many single points of failure" and calling ethereum-based projects "not interesting"...

‘Many Single Points Of Failure'—Twitter Founder Jack Dorsey Issues Stark Ethereum Warning Amid Price Volatility

BTC was once again trading higher, as bullish momentum extended during today's market session. Bitcoin rose to its highest level in eleven days, breaking resistance of $42,500 in the process. ETH was also up, hitting a ten-day high. Bitcoin BTC climbed higher for a fourth consecutive day, pushing the world's largest cryptocurrency past a key […]

Bitcoin, Ethereum Technical Analysis: BTC up to $42,550 Ceiling, as Bullish Momentum Continues 

Powered by DeFi, Ethereum holders have raked in more realized gains than Bitcoin in 2021, according to a Chainalysis report.

Ethereum Earned Global Investors $76.3B in Realized Gains Thanks to DeFi: Report

The Web3 startup aims to give gamers a way to tap into new sources of liquidity: NFTs.

Ethereum DeFi Project MetaLend Using NFT-Backed Loans to Grow Play-to-Earn Sector

Also today, would you buy digital weed in the metaverse... and which country made the most money from crypto in 2021?

Podcast: Bitcoin 'Could Fall to $100' if Ether Becomes World's Biggest Cryptocurrency

Scroll, an Ethereum scaling project that utilizes zk-rollup technology, has raised $30 million in a Series A funding round. The post Ethereum scaling project Scroll raises $30 million from Bain Capital and others appeared first on The Block.

Ethereum scaling project Scroll raises $30 million from Bain Capital and others

Bitcoin and ETH both rose to nine-day highs on Wednesday, as bulls continued to push prices higher following yesterday's rebound. BTC moved into the $42,000 level after breaking a key resistance point, while ETH also climbed beyond its own ceiling of $3,150. Bitcoin BTC rose for a third session on Wednesday, as bulls continued to […]

Bitcoin, Ethereum Technical Analysis: ETH Breaks Resistance to Hit 9-Day High

Aave

Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, recovered 3% this morning after starting the week in free fall.

Bitcoin, Ethereum Stage Rebound as DeFi Protocols AAVE, LUNA Rally

The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the defi protocol on April 28, 2022, as part of Makerdao's multichain strategy expansion. Makerdao's Multichain Strategy Expansion Grows With Starknet […]

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