London was deployed on Aug 5 ushering in the long-awaited EIP-1559 and its upgrades to the transfer fee mechanism. Part of the base fee now gets burn as a result …
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Ethan Allen is changing its Ether stock ticker to avoid confusion with Ethereum (ETH)
Ethan Allen Interiors, the American furniture retailer, is changing its stock ticker to avoid confusion with ether, the crypto asset used to pay transactions fees on the ethereum computing platform. The company’s trading …
MoreEIP-1559 has already burned $1 million worth of ETH
$1 million worth of ETH has been burned in under three hours since the London hardfork and the implementation of EIP-1559 earlier today. Ethereum’s EIP-1559 update has already burned $1 million worth …
MoreSEC’s Gary Gensler crumbles when asked if Ethereum (ETH) is a security
According to Twitter user @NeilJacobs, when quizzed on the securities status of Ethereum, Securities and Exchange Commission (SEC) Chairman Gary Gensler refused to answer the question. “BREAKING: When asked to comment …
MoreEthereum will be “orders of magnitude” bigger than Bitcoin, says ConsenSys CEO
In his recent Bloomberg interview, he said that that the “next-generation economy” will by orders of magnitude bigger than “a narrow money system”: Lubin says that the Ethereum ecosystem, which he …
MoreEthereum ‘London hard fork’ set to arrive on Thursday, ushering in EIP-1559
Ethereum’s London upgrade is set to activate on Thursday, according to the countdown available on Ethereum.org. “The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000,” …
MoreETH 2.0 will help Ether outpace BTC, Pantera Capital CEO predicts
Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency. As a newer cryptocurrency, …
MoreEthereum (ETH) to $5500. Here are the metrics that say it can
For a change, Ethereum has had a better week than Bitcoin. The world’s largest alt has been recovering over the past few days, but went on to touch the $2600 …
MoreWhat’s Ethereum price outlook for the rest of 2021?
The price of Ethereum — the second-largest cryptocurrency by market value after Bitcoin — is expected to be at US$4,596 by the end of the year, according to the average forecast from …
MoreIndia to use Ethereum (ETH) blockchain to verify diploma certificates
The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter …
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