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Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

November 24, 2020 32 ether, 694368 ether, Altcoins, Beacon Chain, Beacon Chain Launch, Contract Requirements, December 1, ETH, ETH 2.0, ETH 2.0 upgrade, ETH Blockchain, Ethereum, Ethereum (ETH), Ethereum Foundation, Ethereum Upgrade, Hsiao-Wei Wang, Hudson Jameson, PoS, PoS revenue, Proof-of-Stake, Smart Contract Eddy 0

The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first […]

ETH price nears $600 as proposed genesis date for Eth2’s Phase 0 approaches

November 23, 2020 ETH, Ethereum, Markets, Prices Eddy 0

The price of ether (ETH), the native cryptocurrency of the Ethereum network, is up more than 10% in the past twenty-four hours. ETH is trading hands at roughly $597 on Coinbase as of the time of writing, a day-over-day increase of just over 11%. According to data published by TradingView, the day’s high on Coinbase […]

Eth2 staking deposits reach 60% of the threshold needed for Phase 0 launch

November 23, 2020 ETH, ETH2, Ethereum Eddy 0

The Ethereum 2.0 staking deposit contract has reached 60% of the threshold needed for Phase 0 launch, as of this writing. The remaining 40% of the target must be met by Tuesday 12 UTC (7: 30 am EST), for the Eth2 Phase 0 launch to happen on its earliest possible date, i.e., December 1. The […]

Ethereum on the way to crack $850 and 274,000 ETH staked

November 23, 2020 ETH, ETH2, Ethereum, News Eddy 0

The number of ETH in the Deposit Contract has recently jumped to over 274,000 ETH. The Community remains optimistic for the launch of the Beacon Chain on December 01. Experts forecast a possible price increase from ETH to $850 if the resistance at $600 can be overcome. As we have already reported, there was considerable […]

Ethereum 2.0: Deposit Contract close to 50% with 235,168 ETH

November 22, 2020 ETH, Ethereum, News Eddy 0

The amount of Ethereum delegated in the deposit contract reaches its highest level with 235,168 ETH enclosed. Around 100,000 ETHs could be delegated to Eth2 by November 23 this year. In the last week, the Ethereum community has been on the alert for the possible launch or delay of phase 0 of Eth2. The deposit […]

Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think

November 22, 2020 @n2ckchong, aave, addresses, compound, decentralized finance, DeFi, Defi System, ETH, ETH Defi, Ethereum, Firms, I am Nomad, identities, Jump Trading, Larry Cermak, Maker, Nick C., onchain transactions, pickle finance, PolyChain Capital, SUSHI, Technology, Three Arrows Capital, uniswap Eddy 0

Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many […]

ETH price crosses $500, Ethereum hashrate reaches a new all-time high

November 20, 2020 ETH, ETH hashrate, Ethereum Eddy 0

On the back of a bitcoin (BTC) rally, the price of ether (ETH) is also surging. ETH has crossed the $500 mark today, for the first time since July 18, 2018. The world’s second-largest cryptocurrency is currently trading at around $501 on Coinbase, according to tracker TradingView. Ethereum’s mining hashrate, or the network’s computing power, […]

Ethereum 2.0 rollout will take 2 years – Negative impact on price?

November 20, 2020 Blockchain, ETH, Eth2.0, News Eddy 0

Vitalik Buterin explained in an AMA session why the rollout of Eth 2.0 will take up to 24 months and is an ongoing process. To date, more than 20% have been paid into the deposit contract for the launch of the Beacon Chain. The launch of Ethereum 2.0 is planned for December 01, 2020, but […]

First Publicly Listed BaaS Company All Set to Offer Yield Farming

November 20, 2020 Advanced Blockchain AG, Altcoin News, Blockchain, ETH, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, nakamoto.to, News, yield farming Eddy 0

Advanced Blockchain AG, a German Blockchain as a Service (BaaS) provider is gearing up to offer yield farming to its client through its crypto subsidiary nakamoto.to, reported DGAP news. Advanced Blockchain was also the first blockchain company to get listed on Deutsche Börse-Operated Xetra Exchange. The decision to include yield farming by nakamoto.io indicates the […]

Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

November 20, 2020 $20000, $20K, $20k handle, Binance, Bitcoin (BTC), Bitcoin derivatives, Bitcoin derivatives exchange, Bitcoin Futures, BitMex, BTC, BTC Prices, ByBit, CME Group, deribit, digital currency derivatives, ETH, Ethereum (ETH), ethereum futures, Finance, Futures, futures basis indicator, Notional Volume, Okex, Optimism, options, rolling 3-month basis Eddy 0

As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin options markets indicate that traders wager there’s a 29% chance the […]

Tag: ETH