Ethereum Merge Testing Enters Final Phases But Price Drops Below $2K

Crypto markets may be bleeding out but testing on the world’s largest smart contract and decentralized app network, Ethereum, is still going ahead at full steam. Sponsored Sponsored Testing for Ethereum’s long-awaited Merge is moving forwards, albeit not quite at the pace that many are hoping for. The next major milestone in the Merge testing … Read more

Ethereum Gas Fees Spike to New Highs on Latest NFT Hype

There were many disgruntled Ethereum users over the weekend following a Yuga Labs nonfungible token (NFT) launch which caused gas prices to surge to new highs. Sponsored Sponsored Over the weekend, the firm behind the wildly popular Bored Ape Yacht Club NFT collection, Yuga Labs, launched a new land title collection called Otherdeed for its … Read more

More Major Funding for ConsenSys Proves Investors Still Hot for Ethereum

Ethereum technology solutions provider ConsenSys has announced another massive funding round proving that interest in the world’s largest smart contract network is not waning. Sponsored Sponsored On March 15, ConsenSys announced that it had closed a $450 million Series D financing round, bringing its valuation to over $7 billion. The funding round was led by … Read more

Kiln Testnet Running Smoothly as Clock Ticks Down to Ethereum ‘Merge’

The Ethereum network has entered one of the final testing phases before the long-awaited ‘Merge’ heralds in a new era of proof-of-stake consensus. Sponsored Sponsored The final public testnet called Kiln when live last week to simulate the merger of Ethereum’s proof-of-work chain with the Beacon Chain, which is now called the consensus layer. Sponsored … Read more

Ethereum Developers Rebrand in Effort to Drop ‘Eth2’ Moniker

Leading Ethereum developers are not fond of the term ‘Eth2’ to describe the next stage of the network’s roadmap and are urging users and the crypto community to drop it. Sponsored Sponsored In a post on the Ethereum Foundation’s blog on Jn. 24, the Ethereum core team stated that the terms Eth1 and Eth2 were … Read more

Ethereum Client Incentive Program Launched to Help Reward Developers

In an effort to foster development and innovation for Ethereum clients, the Ethereum Foundation has launched a new rewards program. Sponsored Sponsored On Dec 13, the Ethereum Foundation announced that it was launching a Client Incentive Program. Its primary aim is to encourage more diversity in the client ecosystem. The announcement went on to state … Read more

Deflationary Crypto Assets Perform in 2022 Amid Inflation Woes: Bloomberg Outlook

Analysts at finance news giant Bloomberg have eyed deflationary crypto assets such as Ethereum as maintaining bullish momentum throughout the upcoming year. Sponsored Sponsored Crypto markets are currently still in retreat and have now declined 23% from their total capitalization all-time high of just over $3 trillion on Nov 9. Analysts at Bloomberg are unperturbed, … Read more

Next Big Ethereum Upgrade Could Reduce Layer 2 Gas Fees

A recent Ethereum Improvement Proposal (EIP) put forth by network co-founder Vitalik Buterin aims to address transaction costs, one of the network’s greatest drawbacks. Sponsored Sponsored Last month, Buterin put forward EIP-4488 which aims to decrease the transaction ‘calldata.’ This could provide some short-term respite from those galloping gas fees. The primary purpose of the … Read more

Over One Million Ethereum Worth $4.3B Burnt Since London Upgrade

The burning mechanism that was introduced as a part of the Ethereum London upgrade in early August has now destroyed more than one million ETH. Sponsored Sponsored The London hard fork in early August introduced EIP-1559, a mechanism to burn a portion of the transaction fees. Since then, 1,008,431 ETH has been burnt at the … Read more

Ethereum-Based Crypto Will Replace Bitcoin, Asserts Billionaire Citadel CEO

Citadel CEO Ken Griffin has made some bold predictions about the cryptocurrency space and appears to be very bullish on Ethereum one day overtaking Bitcoin. Sponsored Sponsored Speaking with Andrew Ross Sorkin of The New York Times DealBook on Nov 10, Ken Griffin stated that Bitcoin is likely to be replaced by a superior cryptocurrency … Read more