Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.
The heightened level of Ethereum-based could indicate renewed interest in DeFi and the Ethereum network as a whole.
Last week, Ethereum devs also proposed drastically increasing the amount of ETH needed for native staking by a factor of 64.
Ethereum’s next major update will likely deal with implementing ‘sharding’ which will improve the network’s scalability.
Investors are concerned that the unstaking of ETH, which was previously locked, could prompt a sell off.
The ARB token will be listed by major crypto exchanges including Binance and Coinbase.
The final test run before Ethereum users can withdraw staked ETH has been successfully completed.
It’s the most costly DeFi exploit to have occurred this year so far.
Etheruem has been labeled a security during the NY Attorney General’s lawsuit against KuCoin
Ethereum has added “EntryPoint” – an improvement that allows wallets to function as smart contracts.
Ethereum’s upcoming Shanghai upgrade will allow for the unstaking of more than $26bn worth of ETH.
Etheruem may have given birth to the DeFi revolution, but it wasn’t its speed that got it there.
See all events
See all sparks