Ethereum for Dummies

Aave DAO favors fresh deployment of its latest version on Ethereum

Aave DAO favors fresh deployment of its latest version on Ethereum

QUICK TAKE The Aave DAO has begun voting on the best way to deploy its latest version of Aave on Ethereum blockchain. So far, the majority of the votes support creating a standalone new version rather than upgrading the previous one. This approach is faster but it could result in fragmented liquidity. The Aave community …

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Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

Banking news Mastercard will on Tuesday debut a new piece of software, called Crypto Secure, which helps banks identify and cut off transactions from fraud-prone crypto exchanges, CNBC reported. The system relies on data from the blockchain, as well as, other sources, and it is powered by CipherTrace, a blockchain security startup Mastercard acquired last year. Adoption news Plan …

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What is PoW Ethereum (ETHW), and how does it work?

PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner after the Merge of the execution and consensus layers. HOW TO CRYPTO   Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge …

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Bitcoin mining revenues down 16.2% in September

Bitcoin mining revenues down 16.2% in September

QUICK TAKE Bitcoin miners brought in about $550.5 million in revenue in September, down 16.2% from the previous month. They made about 1.56 times the revenues of Ethereum miners and stakers combined. Bitcoin mining revenue fell 16.2% in September to about $550.5 million, marking its fifth decline in the last six months and the lowest …

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Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pal of Real Vision, Hayes says that the Ethereum network is now capable of supporting a new ecosystem filled with new businesses and protocols, something that hasn’t been …

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Crypto Trader Updates Outlook on Bitcoin and XRP, Says Ethereum’s Preparing a Move Up – Here’s His Target

Crypto Trader Updates Outlook on Bitcoin and XRP, Says Ethereum’s Preparing a Move Up – Here’s His Target

A widely followed crypto trader is giving a bearish forecast for Bitcoin (BTC) and XRP as he expects Ethereum (ETH) to surge once the leading smart contract platform bottoms out. The pseudonymous analyst known as Altcoin Sherpa tells his 183,600 Twitter followers that the price of BTC will likely continue trading within the $18,200 and $19,500 range. The …

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Polygon Onboards New Web3-native Communication Network

Polygon Onboards New Web3-native Communication Network

The decision to launch on Polygon is Push Protocol’s first step toward a broader expansion across blockchains Its services are currently being used by popular DeFi protocols including MakerDAO, Uniswap and Aave Push Protocol, a decentralized communication network previously known as Ethereum Push Notification Service (EPNS), has launched on Polygon’s PoS chain. The network is …

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Pantera Capital Reportedly Eyeing New .25B Blockchain Fund

Pantera Capital Reportedly Eyeing New $1.25B Blockchain Fund

Pantera Capital launched its first blockchain fund in June 2021 The new fund will reportedly invest in equity, as well as digital tokens Pantera Capital is reportedly seeking to launch a second blockchain fund, despite the ongoing bear market that has sent crypto prices spiraling in recent months. An institutional asset manager focused on the …

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Ethereum Price May Keep Dropping for This Major Reason, Analyst Says

Ethereum Price May Keep Dropping for This Major Reason, Analyst Says

Contents Here’s why ETH may face steep price correction SEC takes ETH under U.S. jurisdiction Analyst Ali Martinez has shared a chart that gives a reason, according to him, that a steep price drop may be faced, and it works for any given blockchain. This time, it is the second largest DLT platform, Ethereum, that has …

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Crypto community anticipates bullish price for Ethereum by end of October 2022

Crypto community anticipates bullish price for Ethereum by end of October 2022

The cryptocurrency market is again showing signs of recovery, with most of its assets trading in the green – both in their daily and weekly charts – including one of its largest tokens – Ethereum (ETH), leading the crypto community to predict its further improvement by the end of October. As it happens, the community votes at CoinMarketCap have …

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