Ethereum Merge has completed its long-awaited update, Buterin says

Vitalik Buterin announced Thursday that Ethereum had completed its 'merge' upgrade. "775040520SB00199_TechCrunch" by TechCrunch is licensed under CC BY 2.0 The Ethereum blockchain completed its Merge upgrade early Thursday, cofounder Vitalik Buterin said. The Merge moves the crypto to a proof-of-stake mechanism, dramatically slashing energy usage. Analysts said that should draw institutional investors to ether, […]

The 5 Most Important Cryptocurrencies Other Than Bitcoin

Those who are a little accustomed to the world of Cryptocurrency may know that Bitcoin is the king of that world. From the very invention of this Cryptocurrency, it has become so popular that the term Bitcoin is used as the synonym of Cryptocurrency. But there are many other Cryptocurrencies in the market that are […]

Almost $500,000 in Ethereum Classic coin stolen by forking its blockchain

Enlarge (credit: ethereumclassic.org) Attackers have stolen almost $ 500,000 worth of the Ethereum Classic digital currency by carrying out a compute-intensive hack that rewrote its blockchain, officials with Coinbase, one of the leading crypto currency exchanges, said on Monday. The heist was the result of carrying out what’s known as a rollback attack, which allowed […]

Bitcoin and Ethereum fall to lows not seen since 2017

Enlarge (credit: Omar Marques/SOPA Images/LightRocket via Getty Images) Every major cryptocurrency was down sharply on Monday morning, with many hitting levels not seen since 2017. Bitcoin fell below $ 5,100, a low not seen since October 2017. Ethereum’s currency, ether, fell below $ 155—down 25 percent over the last week. Ether’s value hasn’t been this […]

Ethereum, the world’s second-biggest cryptocurrency, is in meltdown

Markets Insider Ethereum has lost 20% over the last day and is now trading at its lowest level since August 2017. The world’s second-biggest cryptocurrency has lost more than 80% of its value since peaking in December 2017. Prices for Ethereum have fallen to their lowest level in a year. The world’s second-biggest cryptocurrency has […]

Beyond Ethereum: The battle to own blockchain’s ‘layer two’

GUEST: Ethereum  —  as the current incumbent among general-purpose permissionless blockchains  —  has to date offered the best resources, tooling, and incentives for developers to build on top of its protocol. These “layer-two” projects combine off-chain software with some number of smart contracts (which may include a native ERC20 toke…Read More

What is Ethereum? | The Ultimate Beginners’ Guide

Article was originally published at CoinCentral. With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. This relatively new cryptocurrency not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications. […]

AMD will get crushed in the race to be the ultimate chip maker for Ethereum miners, tech analyst says (AMD, NVDA)

AMD has received up to 20% of its total revenues from selling graphics cards used for Ethereum mining. Bitmain will put pressure on AMD, as the Chinese-based chipmaker is said to have developed its own ASIC, a graphics chip used for mining Ethereum, a Susquehanna analyst says. The analyst downgraded AMD’s shares and lowered its […]

Cryptocurrency ethereum steps closer to institutional trading

Two digital-oriented companies have teamed up to establish a benchmark price for ethereum, the world’s second-largest cryptocurrency by market value. The New York-based blockchain application startup ConsenSys, in partnership with TrueDigital, a subsidiary of global electronic exchange for interest rate swaps trueEX, announced plans to develop a target reference index for ethereum prices. The move […]

Ethereum fixes serious “eclipse” flaw that could be exploited by any kid

Enlarge (credit: Armin Kübelbeck) Developers of Ethereum, the world’s No. 2 digital currency by market capitalization, have closed a serious security hole that allowed virtually anyone with an Internet connection to manipulate individual users’ access to the publicly accessible ledger. So-called eclipse attacks work by preventing a cryptocurrency user from connecting to honest peers. Attacker-controlled […]