Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin’s on-chain data gives investors hope.
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?
Bitcoin and most major altcoins are witnessing a relief rally but higher levels are likely to attract strong selling by the bears.6346
StarkNet has prioritized scalability over composability and transparency. But it’s now working on making its tech open-source.2929
Bears are better positioned to profit roughly $215 million during November’s Ether options expiry, putting pressure on ETH’s price near a critical resistance level.10874
Fraudsters have reportedly been leaving fake crypto paper wallets in public places as part of a scam to dupe Australians out of their crypto.7897
As the world moves to a multichain reality, user-friendly interfaces are becoming standard across all networks, not just Ethereum.2457
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse.8547
Despite market uncertainty, one NFT game has lit a path forward with stunning visuals, a gripping story and new cross-chain capabilities.2739
ETH bears continue to suppress Ethereum price, but institutional traders’ buying activity and exchanges’ aiming to provide more transparency could improve investor sentiment.13680
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the potential collapse of the Grayscale Bitcoin Trust and its implications on the market.9793
At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives.6481
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.16292
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.4476
FTX-related contagion continues to spread, taking most of the crypto market down with it. What will it take to reverse the trend?97462
The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.10678