Category: Ethereum

Institutional investors continue to move their money away from Bitcoin and Ethereum despite the recent boost in the crypto markets, according to the digital asset manager CoinShares. However, institutions are buying multi-asset investment products. While digital asset investment products saw $19.5 million in overall outflows last week, multi-asset investment products had $7.5 million in inflows, CoinShares

Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain. Speaking to Bloomberg News from Singapore, Buterin said that EIP-1559 is “definitely the most important part of London.” The upgrade, which went live around 15 hours

Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5. The highly anticipated London hard fork went live on Wednesday this week, ushering in the EIP-1559 upgrade that adjusted gas fees. Part of that adjustment introduced a mechanism that burns some of the

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Much like last week, China’s minor COVID flareups dominated the headlines as the country seeks to avoid more serious lockdowns. Cryptocurrency managed to

The London upgrade, which consists of several Ethereum improvement proposals, including EIP-1559, is now official after months of preparation and anticipation. The upgrade occurred at block 12,965,000, marking the start of various changes designed to improve Ethereum’s user experience.   EIP-1559 introduces a highly anticipated fee-burning mechanism into the network. This means each time a

Christie’s upscale building located in New York City’s Rockefeller Center, Midtown Manhattan. The organizers were exhibiting a 3D frame, which allows a hologram of oneself to be remotely projected elsewhere, and discussing how animated interactive collectible cards will change over time based on the real-life performance of the displayed athletes. Galaxy Digital CEO Mike Novogratz,

Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local highs of $2,820 on Bitstamp Thursday. The sudden burst of enthusiasm countered

The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height 12,965,000, ushering in the Ethereum Improvement Proposal (EIP) 1559. With the upgrade triggered, Ethereum will now undergo a significant overhaul of the network’s transaction fee market and other parameters such as gas refunds among others. Under EIP-1559, each transaction

Crypto traders are tracking a series of massive Bitcoin and Ethereum transfers. Several whales moved more than $1.6 billion in Bitcoin (BTC) and $570 million in Ethereum (ETH) over a 12-hour period, according to crypto tracker Whale Alert.   The largest Bitcoin transfer sent 10,000 BTC from multiple addresses associated with custodial services firm Xapo

Ethereum advocates are bubbling with anticipation over the upcoming London hardfork which is scheduled to take place at block height 12,965,000 on Aug. 5. Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether rallied from a low at $2,450 in the early hours on August 4 to an intraday high at