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Another USD 2.6M Paid in Ethereum Fees - Many Doubt it's a Mistake
11.6.2020
Source: Adobe/djjeep_design
Another USD 2.6 million in fees was paid for a different Ethereum (ETH) transaction, and people are doubting that this is a mistake as previously thought.
The Cryptoverse was surprised by yet another small value sent with a dizzying fee within 24 hours. Compared...
The Most Dizzying Fee 'By Far' Paid for an Ethereum Transaction Today
10.6.2020
So, somebody today sent over USD 100 worth of ethereum (ETH) for a fee of over USD 2.5 million. Yes, in that order. The transaction caused an uproar in the Cryptoverse.
Per transaction details, this person sent ETH 0.55, at the time worth USD 133.93, but they paid a whopping ETH 10,669, or USD...
DeFi Capitalization Doubles In Two Months; Up To 1K New Users Per Day
9.6.2020
The total market capitalization for decentralized finance (DeFi) products, total value locked in DeFi, and staking-ready Ethereum (ETH) wallets - are all seeing their numbers grow. At the same, the number of new users coming to DeFi might be up to 1,000 a day.
We’re "still very early...
'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman
4.6.2020
Jerome Powell. Source: a video screenshot, Youtube/CNBC Television
The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...
Did Vitalik Buterin Just Say That Ethereum Is Now More Important Than Bitcoin?
3.6.2020
Vitalik Buterin. The crypto space needs to acknowledge and adjust to the reality that finance is no longer as important as it was in the last decade, and embrace the current shift from crypto as finance to include crypto as decentralized entities as well, Ethereum (ETH) co-founder Vitalik Buterin...
Ethereum's Layers, Mining moves, Swiss Bitcoin Banking + More News
2.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Ethereum (ETH) co-founder Vitalik Buterin said that the initial deployment of Ethereum's layer 2 scaling strategy...
These High Profile Bitcoin Investors Accumulate Ethereum Too
1.6.2020
Source: Adobe/H_Ko
Following strong price gains this year, prominent bitcoin (BTC) investors are revealing their growing interest in ethereum (ETH).
The most recent example is Garry Tan, Co-founder of venture capital firm Initialized Capital, and one of the early investors in major crypto exchange...
Ethereum is Close to Being Flipped on its Own Blockchain - Analyst
29.5.2020
ERC20 tokens are taking over the Ethereum (ETH) network, potentially hurting the network's own coin ETH, according to an analyst. But all is not grim.
The ERC20 standard tokens are approaching 50% of the total value stored on Ethereum and "ETH is increasingly close to being flipped on its...
Ethereum Now ‘Significantly Undervalued’ - Researchers
27.5.2020
Despite a rebound of more than 100% since the crypto market crash on March 12, ethereum (ETH) remains “significantly undervalued,” and could be poised for further upside, crypto research firm Blockfyre believes.
In a recent Twitter thread, the firm noted that while ETH prices have remained...
Crypto Market Sentiment Almost Unchanged, Ethereum Enters Positive Zone
25.5.2020
Cryptocurrency market sentiment remains in the neutral zone after taking a dive last week. According to the crypto market sentiment analysis tool Omenics, the combined moving 7-day average market sentiment score for the top 10 coins has slightly increased. It went from last week’s 5.08 to 5.13/10...
Steem Drama Heats Up as Tron's Justin Sun Threatens Vitalik Buterin
20.5.2020
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
Founder of Tron (TRX), Justin Sun, said he "will personally 100% sponsor anyone who was harmed by the DAO incident" and is seeking damages from Vitalik Buterin, Co-founder of the competing...
Cryptoverse Upvotes and Downvotes Reddit's Experiment on Ethereum
15.5.2020
Source: Adobe/Stockwerk-Fotodesign
Though it has many supporters from the Cryptoverse, the long speculated-about, newly-introduced, blockchain-based points system on the popular discussion forum Reddit, unsurprisingly, has its critics too.
As reported yesterday, Reddit has confirmed their point...
Reddit Picks Ethereum For Its New Points, Offers 'Complete Control, Like Bitcoin'
14.5.2020
Following widespread speculation that the popular discussion forum Reddit is about to launch a new points system built on top of the Ethereum (ETH) blockchain, the forum itself has now finally confirmed a new system that allows users to “earn a piece of their favorite communities,” with the help...
TD Ameritrade-Backed ErisX Joins Ethereum Futures Market
12.5.2020
Major online trading platform TD Ameritrade-backed American crypto exchange ErisX starts offering regulated futures contracts with ethereum (ETH) as the underlying asset.
The new futures contract will be based on the ETH/USD spot rate and will be listed with monthly and quarterly expirations,...
Options Market Shows Bearish Outlook on Ethereum Price
4.5.2020
Despite the recent strong sentiment seen in the spot market, options traders appear to be skeptical about current ethereum (ETH) price, with contracts expiring in May, June, September, and December all showing higher than 50% probability that the price will fall.
Currently trading around the...
The 'ETH Is Used 440x More Than Bitcoin' Claim Is Not So Simple
30.4.2020
While Ethereum (ETH) supporters are celebrating claims that "ETH is used 440x more than Bitcoin for transacting" and this proves that ether is money, other crypto industry players warn that it's not so simple.
Adam Cochran, Partner at decentralized autonomous organization Metacartel...
Ethereum Has More Whales and Some Of Them Manipulate - Research
29.4.2020
There's an influx of new ethereum (ETH) whales, while some of the ETH whales manipulate the market, according to Adam Cochran, Partner at decentralized autonomous organization Metacartel Ventures.
Cochran explains in his first of several announced reports (also 'translated' into a Twitter thread)...
New Ethereum 2.0 Calculator: Stake ETH 1 and Earn 279% in 10 Years
28.4.2020
Source: Adobe/AA+W
The newly launched ETH 2 Calculator claims that you can earn 279% in ten years by staking one ether (ETH) on the Ethereum 2.0 network. And then, a number of "ifs" appears in this equation.
ETH price tracking platform EthereumPrice.org has launched a new calculator...
Multi-Client Testnet for Ethereum 2.0 is Live, Bringing Phase 0 Closer
28.4.2020
Coders from Prysm and Lighthouse have released a multi-client testnet for Ethereum 2.0 (ETH 2.0), as a vital step in the process towards Phase 0 (the beacon chain).
The news was announced by Afri Schoeden, release manager at blockchain infrastructure company Parity Technologies and ex-Ethereum...
BitMEX Offers ‘Quanto’ Ethereum Product in a Bid to Regain Market Share
24.4.2020
Arthur Hayes, Co-founder and CEO of BitMEX. Following a downturn in trading volumes after the coronavirus-triggered market panic in March liquidated a massive amount of trades on crypto derivatives platform BitMEX, the exchange is again looking to capture market share by offering a new product...