Ethereum

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

The Ethereum blockchain is preparing a significant upgrade, called the Ethereum Merge, tentatively scheduled for Sept. 13-16, 2022.

The Merge reflects a shift in Ethereum’s protocol in which the blockchain will move from a “proof-of-work” to “proof-of-stake” system.

Miners validate transactions by solving complex calculations before a new block can be added to the chain. This is the mechanism that Bitcoin ($BTC) runs on.

Miners are replaced by “validators,” who stake the ETH they own to validate new blocks on the chain. Avalanche ($AVAX) and Solana ($SOL) are proof-of-stake.

The Ethereum Foundation reports that moving to a proof-of-stake model will reduce the blockchain’s energy consumption by more than 99%.

Ether ($ETH) is Ethereum’s native crypto asset, while Ethereum is the underlying blockchain. No disruptions to ETH are expected following the Merge.

Unlike Bitcoin, the founder of Ethereum is publicly known. Vitalik Buterin published Ethereum’s introductory paper in 2013 and launched the project in 2015.

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games.

The Ethereum Foundation

*This content is for educational purposes and is not investment advice.

Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release.

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum's Superchain

Bitcoin

Dogecoin

Cryptocurrency markets are trading higher on Wednesday morning, with Bitcoin reclaiming the $111,000 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $111,640.45 Ethereum (CRYPTO: ETH) $4,375.33 Solana (CRYPTO: SOL) $210.68 XRP (CRYPTO: XRP) $2.85 Dogecoin (CRYPTO: DOGE) $0.2167 Shiba Inu (CRYPTO: SHIB) $0.00001241 Notable Statistics: Coinglass data shows 109,129 traders were liquidated in the past 24 hours for $246.94 million.

Bitcoin Breaks $111,000 As XRP, Dogecoin Outperform ETH

DeFi advocates scrutinized the Ethereum Foundation's multi-week plan to sell 10,000 via CEXs rather than onchain rails.

Ethereum Foundation to sell $43 million in ETH via exchanges to fund research, grants and donations

Analysts say ether treasury holdings now approach 4% of supply and could climb to 6–10% by year-end, even as volatility cools and ETF flows turn choppy.

Derive says institutional Ethereum accumulation shows ‘explosive potential' heading into Q4

Jack Ma-backed Yunfeng Financial Group has invested $44 million in Ethereum (CRYPTO: ETH) as part of its strategic reserve assets, according to an exchange filing Tuesday. Yunfeng Invests in Ethereum Infrastructure The Hong Kong-listed company acquired 10,000 ETH tokens to support real-world asset tokenization activities.

Alibaba's Jack Ma-Backed Firm Invests $44 Million In Ethereum For Strategic Reserve

Prominent investor Kevin O'Leary weighed his cryptocurrency convictions on Tuesday, revealing that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) comprise nearly 90% of his digital asset holdings while calling them the “true gold standards” of crypto. O'Leary's Concentrated Crypto Strategy “My two largest positions are Bitcoin and Ethereum, and together they capture almost 90% of the entire crypto market,” O'Leary wrote on X Tuesday.

Kevin O'Leary Says Bitcoin, Ethereum Are 'True Gold Standards,' Reveals They Make Up 90% Of His Crypto Holdings

Paradigm CTO Konstantopoulos shared a set of commands to recover nodes, but the root cause of the bug is yet to be identified.

Bug in Paradigm's Reth client briefly disrupts multiple Ethereum nodes

The Ethereum Foundation (EF) announced it will convert 10,000 ETH through centralized exchanges over several weeks this month to fund research and development, grants, and donations, saying the sales will be executed as multiple smaller orders rather than a single large transaction to reduce market impact.

Despite Community Criticism, Ethereum Foundation Says It Will Convert 10,000 ETH via Centralized Exchanges

This comes after Ethereum ETFs outperformed bitcoin ETFs in August, as analysts pointed to a 'rotational shift' toward Ethereum.

Bitcoin ETFs see $332 million in inflows, ending Ethereum ETF flow dominance

Leading cryptocurrencies advanced on Tuesday as institutional investors pumped in millions. Cryptocurrency Gains +/- Price (Recorded at 10:15 p.m.

Bitcoin, XRP, Dogecoin Climb As 'Greed' Sentiment Returns; Ethereum Trades Flat — Analytics Firm Gives Its Take On 'Deep' BTC Correction

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), announced on Tuesday the upcoming launch of a first-of-its-kind futures offering that provides exposure to top U.S. tech stocks and cryptocurrency simultaneously. COIN stock is staying put for now.

Coinbase To Launch Futures Offering Combined Exposure To 'Mag 7' Stocks, Bitcoin And Ethereum ETFs

The Ethereum Foundation (EF) shared in a post on X on Tuesday that it plans to sell 10,000 ETH via centralized exchanges over the next several weeks to support work towards research & developments, ecosystem grants, and related donations.

Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal

BTC and ETH price paths diverged today—but only slightly. Here's what the charts are showing.

Bitcoin, Ethereum Settle In, But Signs Point to Volatility Ahead: Analysis

Kraken and Backed have introduced tokenized equities on the Ethereum blockchain, adding another network to the multi-chain rollout of the xStocks product. Kraken Expands Tokenized Equities Offering to Ethereum The companies said xStocks will be issued as ERC20 tokens on Ethereum, each backed 1:1 with the corresponding equity listed on Kraken's platform.

Ethereum Becomes Latest Home for Kraken's Tokenized Equities Expansion

Cryptocurrency markets are going sideways on Tuesday, with Bitcoin holding steady near $110,000. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $110,792.50 Ethereum (CRYPTO: ETH) $4,297.16 Solana (CRYPTO: SOL) $206.51 XRP (CRYPTO: XRP) $2.81 Dogecoin (CRYPTO: DOGE) $0.2118 Shiba Inu (CRYPTO: SHIB) $0.00001235 Notable Statistics: Coinglass data shows 154,442 traders were liquidated in the past 24 hours for $435.54 million.

Bitcoin, XRP Steady While Ethereum, Dogecoin Slip

BitMine Immersion Technologies recently purchased 153,000 ETH, taking a $655 million step toward its goal of owning 5% of the asset's supply.

BitMine Boosts Ethereum Stash Above $8 Billion, Now Holds 1.5% of ETH Supply

Ethereum treasury firm SharpLink Gaming bought more ETH last week, bringing its total holdings to over $3.6 billion in the coin.

Ethereum Treasury SharpLink Adds $176 Million in ETH to Holdings

Ether Machine secured $654 million worth of ether in a private round as it readies a planned Nasdaq listing later this year. The company disclosed the investment to Reuters on Tuesday.

Ether Machine Taps $654M Private Raise Before Nasdaq Launch

Yunfeng Financial Group (0376) joined the ranks of publicly listed firms to adopt an ether treasury strategy, buying 10,000 ETH for $44 million.

Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH Purchase

Sharplink Gaming has increased its total ether holdings to 837,230, now worth more than $3.6 billion, after purchasing 39,008 ETH in the last week of August.

Sharplink Acquires 39,008 Ether as Total Holdings Rise to 837,230 ETH

The Peter Thiel-backed Ethereum digital asset treasury is seeking higher yields by deploying on the top liquid staking protocol.

Thiel-backed ETHZilla to deploy $100 million in ETH with liquid restaking protocol EtherFi

Crypto exchange Kraken and Swiss tokenization firm Backed said on Tuesday they are bringing xStocks, a suite of tokenized equities, to the Ethereum network, aiming to integrate stcoks into decentralized finance (DeFi) infrastructure.

Kraken, Backed Bring Tokenized Equities Offering to Ethereum Mainnet

The Ether Machine (ETHM), a crypto investment vehicle preparing to go public through a merger with Dynamix Corporation, said on Tuesday it has secured an additional 150,000 ether (ETH), worth about $654 million, from Jeffrey Berns, the founder of Blockchains.

The Ether Machine Gets $654M ETH Investment From Blockchains' Jeffrey Berns

The 150,000 ETH investment from longtime Ethereum proponent Jeffrey Berns will hit the firm's wallet later this week.

The Ether Machine raises another $654 million worth of Ethereum as holdings approach 500,000 ETH

SharpLink added 39,008 ETH at an average $4,531, implying a $177 million acquisition cost as Ethereum treasury companies grow their crypto balance sheets.

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