Ether

Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.

Markets

Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation

The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500.

By Jocelyn YangFeb 13, 2023

Cryptos slid on Friday (Possessed Photography/Unsplash)

Tech

Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether

The exploiter may be earning returns on staked cryptocurrency.

By Shaurya MalwaFeb 13, 2023

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Markets

First Mover Asia: Bitcoin Might Test $20K as It Looks for Support

ALSO: The SEC's move on Kraken's staking program last week shouldn't be seen as an indictment of staking as a whole.

By Sam ReynoldsFeb 13, 2023

Man staring out window at lightning storm (Grant Faint/Getty Images)

Markets

First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

ALSO: CoinDesk analyst Glenn Williams considers the significance of "whales" sending bitcoin back to exchanges, while smaller investors remove it.

By James Rubin, Glenn Williams Jr.Feb 10, 2023

Markets

Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers

Coinbase CEO Brian Armstrong said he heard rumors about a possible ban on staking providers in the U.S.

By Shaurya MalwaFeb 9, 2023

Markets

First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear

ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.

By James Rubin, Shaurya MalwaFeb 9, 2023

Bitcoin was hovering near $17.3K. (Oliver Furrer/Getty Images)

Markets

First Mover Asia: Bitcoin Flirts With $23.4K as Fed's Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors

ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed.

By Sam ReynoldsFeb 8, 2023

Ether registró una caída tras los datos de inflación en EE. UU. (Getty Images)

Tech

Ethereum Testnet Processes First ETH Staking Withdrawals

The upgrade on the Zhejiang testnet was the first of three dress rehearsals for the much anticipated Shanghai hard fork.

By Margaux NijkerkFeb 7, 2023

Markets

First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the U.S. isn't the center of the digital assets world.

By Sam ReynoldsFeb 7, 2023

Markets

First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings

ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will investment firms learn from their past overindulgences in the sector?

By Sam ReynoldsFeb 6, 2023