The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem.
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?
Monstercat CEO Mike Darlington and Metalink founder Jake Udell chat with NFT Steez about the future of Web3 and music NFTs.2700
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.9968
The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November.1863
Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market.9810
After launching the TON DNS, the TON Foundation will conduct an auction of the first “.ton” domain names on July 30.2852
A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter.3164
Mining is often dominated by those with the most computing power, or the most crypto to stake. But this project says it's different.613
The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind.7648
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack.2547
The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices.8083
More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe.6160
Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows.8582
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds.3068
Anchorage's new service comes in anticipation of the Ethereum network’s long-promised shift to proof-of-stake consensus.2791