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Ethereum News

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Time’s NFT Launch Sends Gas Fees Spiraling

Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.

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Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network

Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.

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Ernst and Young Working With Polygon, Ethereum Scaling

Big Four consulting firm Ernst and Young will use Polygon's protocol and framework to deploy its own blockchain products, enabling a future transition to public networks that will be less risky and more efficient. Ernst and Young's Paul Brody discusses what this means for its business and clients. Plus, why he's "extremely positive" about the crypto industry's increased regulatory focus, the possible impact of Ethereum's London hard fork upgrade and more.

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BTCS CEO: Ether Is ‘Blue Chip’ of Crypto, Expects Price to Double

Charles Allen, CEO of Ethereum-focused infrastructure firm BTCS, discusses his price forecast of ether, given the Ethereum 2.0 upgrade and the burning of over $2 billion worth of new ether as part of that upgrade.

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Vitalik Buterin Among Time Magazine’s 100 Most Influential People of 2021

Time Magazine has listed Ethereum co-founder Vitalik Buterin in its 100 Most Influential People list for 2021. Tesla CEO Elon Musk and El Salvador President Nayib Bukele have also been recognized.

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Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem

Fresh on the heels of a $180 million incentive program, the Avalanche Foundation announced Thursday a $230 million raise led by Three Arrows Capital and Polychain Capital to jumpstart liquidity in the network’s burgeoning decentralized finance (DeFi) ecosystem. "The Hash" squad discusses Avalanche as an emerging player entering the DeFi game, implications for VCs getting involved with the network, and the competition with Ethereum.

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Parkpine Capital Managing Director Says ETH Price Could Go to $7500 Next Year

Ahmed Shabana, Managing Director at Parkpine Capital, discusses his analysis, adoption, and price forecast for ether, explaining whether he sees ETH as a store of value or deflationary asset. "95% of our strategy is in Ethereum," Shabana said, suggesting the bullish outlook for the second-largest cryptocurrency by market cap. Plus, other investments he's continuing to watch.

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Solana Labs CEO Anatoly Yakovenko on SOL Dominance in Altcoin Markets

As the Solana blockchain continues to make waves in the crypto markets, Solana Labs CEO Anatoly Yakovenko discusses the drivers behind Solana’s emerging dominance in the blockchain space, digging into the potential weaknesses of Ethereum. Plus, insights into Solana’s use cases including NFTs and the outlook for its native token SOL.

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