The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits.
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures.
Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets.
Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors.
At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpassed by other smart contract (or traditional) platforms vying for mind and market share?
Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol.2899
Metis co-founder Elena Sinelnikova delves into the world of layer-2 blockchain technology, and its potential to transform how we interact, collaborate and build the decentralized economy of the future.2146
The Giving Block reported that USDC accounted for 44% of the crypto donation volume on its platform in the last year, followed by ETH (24%) and BTC (17%).2424
The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens.2275
ETH investors appear unconcerned about the regulatory challenges facing the crypto market and are instead selecting to focus on the network’s next upgrade.4824
Senator Andrew Bragg has introduced a bill proposing regulatory standards for the cryptocurrency industry in Australia.2277
While many expressed serious sentiments, a Twitter user poked fun at the update, saying it’s time to spend ETH on nonfungible tokens.3188
Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12.11970
The crypto market is down today after fallout from the CFTC lawsuit against Binance and Changpeng Zhao continue to scare off investors.217225
According to CoinShares, crypto investment products experienced weekly inflows of $160 million, the largest since July 2022.6218
Blockchain gaming is moving fast, are you up-to-speed? Cointelegraph Research’s latest report reviews 20 games of today, and a few to be looking out for tomorrow.12663
Ethereum layer-2 scaling platform Polygon has released its zkEVM to mainnet beta, allowing developers to deploy smart contracts with increased finality and lower costs.5118
Coinbase explained that it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system.11018
ETH worth over $101 million was returned to the lending protocol by March 25. The exploiter still controls part of the stolen assets.8386