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Ethereum
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0
Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over…
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Ethereum network burns $395K ETH per hour after London upgrade
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke.
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…
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EIP-1559 in Motion: $10M ETH Destroyed Since London Launch
The Ethereum London upgrade has been eagerly awaited, not because it will reduce fees (gas has actually gone up since it launched), but because it is burning them.
EIP-1559 introduced a mechanism that burns some of the gas or base fee. This…
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Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets,…
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‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media…
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Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out.
Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism…
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Ethereum London hard fork goes live
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset.
The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height…
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Ethereum is becoming ultrasound money, ConsenSys founder says
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin.
ConsenSys founder and Ethereum co-founder…
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ETH to Be ‘Orders of Magnitude’ Bigger Than BTC: ConsenSys CEO Joe Lubin
Ethereum and its native token will be “orders of magnitude” bigger than Bitcoin in time, argued the co-founder of ConsenSys, Joe Lubin. While also speaking of the upcoming London Hard Fork and the transition to ETH 2.0, the…
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Vitalik Buterin Urges Ethereum To Grow Beyond DApps
The developer and co-founder of Ethereum recently urged the community to innovate beyond decentralized finance. He made these statements during a conference that took place in Paris.
According to Buterin, non-financial utilities are…
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