ethereum / 161 posts found

Mark Cuban: Ethereum Will ‘Disrupt the F— Out Of’ Big Software Companies – Decrypt

by crypto journalist
In brief If you spend any time at all on the Internet, it would be hard to have missed the fact that Mark Cuban has gone all in on crypto. He talked up DeFi (decentralized finance) in an AMA (Ask Me Anything) on the Reddit WallStreetBets forum; he argued about the price of Bitcoin on Twitter with Tyler Winklevoss; he had a virtual fireside chat with Binance CEO Changpeng Zhao; and he’s tweeted about his frenzied collecting of NFTs (non-fungible tokens) on platforms like Rarible and Top Shots. Now, in an extensive interview with Decrypt, the billionaire “Shark Tank” shark […]

Ethereum Gathers Momentum as Grayscale Picks Up $38 Million in ETH – Decrypt

by crypto journalist
In brief Ethereum enjoyed a big day on Tuesday in the market. The asset set an all-time high price, its open interest reached a record high of over $5 billion and institutional crypto fund Grayscale picked up over $38 million worth of ETH. The protocol is currently the world’s most-actively used blockchain in terms of daily users and on-chain value transfer, with use cases ranging from sophisticated decentralized finance () apps to funky non-fungible tokens (NFTs). Currently trading at $1,560 after a price surge yesterday, Ethereum now trades near its highest ever price in its five-year history. Its previous high […]

Amazon Managed Blockchain at Last Supports Ethereum, Ending a Two-Year Tease – CoinDesk

by crypto journalist
“With Amazon Managed Blockchain, customers get secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the Ethereum blockchain, and durable elastic storage for ledger data,” the blog posts add. There are over 8,300 Ethereum nodes currently on the Ethereum network, according to Etherscan. Nodes keep consensus on the ledger, check transactions, and protect the network against hostile actors. A higher number of geographically and systematically separate nodes is generally considered healthy for the network.  “It’s an incredible signal for the value of Ethereum in modern applications to […]

Future Nvidia GeForce GPUs could block Ethereum mining

by crypto journalist
Trouble getting hold of a graphics card right now? There’s something of a perfect storm for GPU shortages today as demand surges, supply wanes, and cryptocurrency mining makes a comeback. Nvidia’s answer has been to implement a Ethereum mining limiter on its latest GPU, the RTX 3060 12GB, and it could well be planning more of the same for future launches, including the RTX 3080 Ti. The RTX 3080 Ti is a card always just over the horizon for Nvidia, or at least that’s what the rumours seem to suggest. There’s no official word on this card’s existence or release […]

The profitability of Ethereum cryptocurrency mining has halved in a week

by crypto journalist
There’s good news and bad news for gamers this week as the price of Ethereum has plunged, sending the profitability of the cryptocurrency favoured by GPU miners sharply down. The bad news is that even with a significant reduction in value, Ethereum remains a highly profitable crypto to hold onto and continue to mine. The value of Ether, the actual currency of the Ethereum blockchain, is creeping back up and over $1,600 USD at the time of writing, a little bounce from a plunge under $1,400, and still down on February highs of over $2,000—a recent peak in the crypto’s […]

Google Finance Adds Bitcoin, Ethereum, Litecoin, and Bitcoin Cash | Crypto Briefing

by crypto journalist
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Ethereum and DeFi are forcing smart contract platforms to evolve

by crypto journalist
Smart contract platforms are evolving, with DeFi at the center of it all — but the Ethereum factor is impossible to ignore. The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the network and pushing it to its maximum operational threshold. While the capabilities of the underlying network may seem like the only thing […]

An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash

by crypto journalist
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were introduced to an alternative solution called Moeing chain. The Moeing chain project aims to provide the same benefits as Ethereum 2.0 scaling solutions but with help from the Bitcoin Cash network. Moeing chain to Introduce an EVM and Web3-Compatible Sidechain for Bitcoin Cash Decentralized finance (defi) has been a hot topic in 2020 and into 2021. Defi […]

Cryptocurrency Ethereum hits record high ahead of CME futures launch

by crypto journalist
By Reuters Staff 2 Min Read FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Ethereum hit all-time highs on Wednesday, breaking above $1,500, as traders bought the cryptocurrency ahead of the launch of ethereum futures on the Chicago Mercantile Exchange next week Ethereum has seen year-to-date gains of around 120%, compared with bitcoin’s 30%, and hit a new high of $1,576.7 in early London trading on Wednesday. “The listing of ethereum futures on a regulated exchange should serve to enhance […]

Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27

by crypto journalist
Coming every Saturday, will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin has had an exceptionally trying week, and it doesnt bode well for March a month thats traditionally bearish for the worlds biggest cryptocurrency. After hitting record highs of $58,300 last Sunday, Bitcoin suffered a dramatic reversal of fortunes crashing to $46,000 on Tuesday. Elon Musk might not have helped matters in the run-up to the correction, he […]