Category: Ethereum

First Ethereum ETFs in North America Have Officially Launched

Canada is re-upping its support for the cryptocurrency sector, launching the first Ethereum exchange-traded funds (ETFs) in North America just months after launching the first Bitcoin ETF on the continent. ETFs combine the ease of stock trading with the diversification benefits of mutual funds. Often, they have lower fees than other type of funds, but they

Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations

Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency in addition to mining Bitcoin and adding it on the city’s

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%

Ether (ETH), the largest altcoin by market cap, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview Ether price claims new record Cointelegraph Markets Pro and TradingView showed ETH/USD hitting $2,600 for the first time during Thursday on the back

Ripple co-founder thinks Bitcoin should move away from proof-of-work

Bitcoin (BTC) code contributors need to consider a move away from the cryptocurrency’s proof-of-work consensus mechanism, Ripple co-founder Chris Larsen argued. In a Wednesday blog post, Larsen outlined major PoW-related vulnerabilities, noting growing concerns over Bitcoin’s carbon footprint. According to the executive, PoW-based coins like Bitcoin should consider a code change to carbon-neutral validation methods like

Puff, puff, pump on 4/20! April 16-21st

Loyal Finance Redefined readers: Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in order to build [REDACTED], leaving me to take over lettering the news. While I’m thrilled he’ll be keeping around the DeFi ecosystem, I’m also infuriated that there’ll be yet another gigabrain trading

Why one trader says ETH/BTC looks ‘absolutely insane’

Ether (ETH) price is seeing green in its Bitcoin (BTC) pair on April 21, reaching the highest levels since early February. Given the technical breakout of ETH/BTC, traders are beginning to expect a strong rally in the foreseeable future. During the first two weeks of April, ETH was outperformed by Binance Coin (BNB), the native

Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks

Participating in the decentralized finance space often necessitates the need to grant projects certain permissions to spend tokens from one’s own wallet. These permissions — called ERC-20 allowances — help to simplify the smart contract interaction processes that allow users to send funds to a contract while simultaneously calling a state change function. However, malicious

Uniswap deploys V3 contracts to four Ethereum testnets

Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to all Ethereum test networks. In an April 21 announcement, Uniswap Labs confirmed that the protocol’s V3 core and periphery smart contracts have been deployed to all major Ethereum testnets —