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Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
medalla

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.

Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected
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Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected

One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.

Ethereum Releases Validator Launchpad for ETH 2.0 Testnet
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Ethereum Releases Validator Launchpad for ETH 2.0 Testnet

Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.

Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?
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Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?

Ethereum developers have launched a short-term testnet, dubbed Spadina, in preparation for Ethereum 2.0 mainnet.

Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral
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Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral

Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.

SSV Network Founder Drafted; Assurance of Continued Operations Given
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SSV Network Founder Drafted; Assurance of Continued Operations Given

The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds
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London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.

Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade
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Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade

Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.

Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target
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Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target

Both Bitcoin and Ethereum are on the uptrend today as the potentials for new price growth builds up.

Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum
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Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum

Ethereum's Vitalik Buterin proposes a 33% increase in the gas limit to improve network throughput. This first change in three years aims to balance efficiency and stability, addressing scalability.

Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens
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Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens

More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights.

Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B
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Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B

Since the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol.

Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
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Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service

The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
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Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High
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Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High

Ethereum users have a sigh of relief because median fees have dropped to $5.50 per transaction from highs of $34.18 last month.

Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders
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Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders

Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back as short-term traders' interest soars.

The Number of Non-Zero Ethereum Addresses Hit an ATH
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The Number of Non-Zero Ethereum Addresses Hit an ATH

The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.

Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether
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Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether

More investments continue trickling into Ethereum 2.0 because 9.01 million ETH has been staked.

Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities
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Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities

ETH supply on exchanges has been shrinking by being transferred to cold storage.

Ethereum 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate
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Ethereum 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate

A transition to the proof of stake(PoS) consensus mechanism through Ethereum 2.0 will prompt a 1% annual deflation rate on the ETH network.

Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder
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Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder

As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of usage.

Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving
medalla

Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving

Ethereum 2.0 deposit contract continues to see an uptick in investments based on a surge in the total value locked (TVL).

Ethereum Battles Resistance as Exchange Inflow Volume Drops
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Ethereum Battles Resistance as Exchange Inflow Volume Drops

On-chain metrics Glassnode reveals that Ethereum exchange inflow volume (7d MA) just reached a 1-month low of 15,477.056 ETH.

Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
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Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH

More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.

Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
medalla

Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism

Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion
medalla

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion

The total value locked in Ethereum 2.0 has hit a new all-time high, showing the trust in the network's future amid high gas fees.

Ethereum Transfer Demand Increases as Average Gas Fees Hit a 3-Month High
medalla

Ethereum Transfer Demand Increases as Average Gas Fees Hit a 3-Month High

The Ethereum network has been experiencing high demand, as evidenced by an uptick in transfers and average gas fees.

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi
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Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.

Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021
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Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021

Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.

60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?
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60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?

Ethereum's circulating supply has been limited because 60% of it has remained stagnant for more than a year, according to EthHub co-founder Antony Sassano.

MIT Sees Ethereum’s PoS as Game Changing Tech
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MIT Sees Ethereum’s PoS as Game Changing Tech

The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.

Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty
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Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.

Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees
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Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees

On-chain metrics provider Santiment attributes the current ETH uptrend to a drop in Ethereum’s average fees.

New Depositors of Ethereum 2.0 Hits All-Time High of 1,368
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New Depositors of Ethereum 2.0 Hits All-Time High of 1,368

Confidence in the Ethereum network continues to grow given that the number of new depositors to the ETH 2.0 contract hit an ATH of 1,368.

Ethereum 2.0: The Merge is Scheduled to go Live on Sept 19
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Ethereum 2.0: The Merge is Scheduled to go Live on Sept 19

Against the earlier projected August timeline, developers are in agreement on the much anticipated Ethereum (ETH) transition, the Merge to be inked on September 19.

Ethereum Sets Eyes on 8 Consecutive Positive Quarters
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Ethereum Sets Eyes on 8 Consecutive Positive Quarters

Ethereum has been on the right footing for eight consecutive quarters if the current one closes in green, with a 47% gain so far.

Ethereum PoW Hardfork Token's IOU Accepts Trading on 5 Exchanges
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Ethereum PoW Hardfork Token's IOU Accepts Trading on 5 Exchanges

At least five crypto exchanges, including Coingecko, FTX, MEXC Global, Bybit, Gate.io and FTX.US, accept ETHW, the latest listed an IOU of the potential token for trading.

Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued
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Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued

Market analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue until a "bottoming construction"comes up.

Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms
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Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms

Ethereum 2.0 deposit contract has seen more accounts deposit 32 ETH in the past days as investors prepare for the impact of the EIP 1559 upgrade launch

Raoul Pal Predicts that Ethereum Will Hit $20K by the End of the Year, as ETH Smashes a New All-Time High
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Raoul Pal Predicts that Ethereum Will Hit $20K by the End of the Year, as ETH Smashes a New All-Time High

As Ethereum rallies to a new ATH, investment strategist Raoul Pal has predicted that the cryptocurrency will hit $20,000 by the end of 2021.

Ethereum’s Social Volume Climbs to an 11-Week High
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Ethereum’s Social Volume Climbs to an 11-Week High

Ethereum (ETH) continues getting a keen eye as crowd awareness and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.

Analyst Believes Capital Flocks to Ethereum’s DeFi Sector
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Analyst Believes Capital Flocks to Ethereum’s DeFi Sector

Market analyst Lark Davis noted that big money flow was piling in Ethereum’s decentralized finance (DeFi) sector, and that's bullish.

Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade
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Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade

Kraken, a leading US-based crypto exchange, revealed its $250,000 donation aimed at helping open-source developer teams tasked with the Ethereum (ETH) 2.0 upgrade.

Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
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Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees

Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.

Ethereum 2.0: Upcoming Upgrade Will Not Eradicate High Gas Fees
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Ethereum 2.0: Upcoming Upgrade Will Not Eradicate High Gas Fees

The Ethereum Foundation (EF) has debunked some of the misconceptions related to the upcoming merge of the Ethereum network’s Beacon Chain, saying that gas fees would not be eradicated.

Top 3 Altcoins to Watch This Week: ETH, MATIC, and ADA
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Top 3 Altcoins to Watch This Week: ETH, MATIC, and ADA

The underlisted three tokens should be watched as the broader market keeps watch as the Ethereum blockchain transitions from the Proof-of-Work (PoW) model to the Proof-of-Stake (PoS) version

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
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Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
medalla

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet

Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.

Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch
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Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch

With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
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Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked
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Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.

Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon
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Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon

As the ETH 2.0 beacon chain genesis is coming to fruition soon, it could be a catalyst for Ethereum’s price surge. Here's why.

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality
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Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet
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Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?
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Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?

With the number of transactions on Ethereum recording an all-time high and shooting up over the past few months, crypto experts are speculating on whether the network can keep up with the high demand whether its scalability is reliable enough.

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