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

Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence

Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether.

By Jocelyn Yang, Bradley KeounNov 21, 2022

Bitcoin and ether prices plunged amid continued market uncertainty triggered by the FTX collapse. (Nathan Dumlao/Unsplash)

Tech

FTX Blowup Helped Enrich the Ethereum Validators Who Run the Blockchain

They saw a surge in MEV, or profits from optimizing the order of transactions, surge amid crypto chaos early this month.

By Margaux NijkerkNov 21, 2022

Videos

FTX Exploiter Starts Converting Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

The culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to ren bitcoin (renBTC), a token that represents bitcoin on other blockchains. "The Hash" panel discusses the latest on the FTX collapse and who could possibly be responsible for the exploit.

Nov 21, 2022

Markets

First Mover Asia: Cryptos Dive Deep Into the Red

ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if some major initiatives wind down.

By James Rubin, Sam ReynoldsNov 21, 2022

Markets

Market Wrap: Investors Continue to Learn More About FTX's Mismanagement

Bitcoin and ether held steady at their most recent support levels.

By James Rubin, Jocelyn YangNov 18, 2022

A careful perusal of 2021 auditing reports would have revealed deep problems at FTX and Alameda Research. (Ian Waldie/Unsplash)

Markets

Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged

Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.

By Jocelyn YangNov 18, 2022

Markets

First Mover Asia: Bitcoin Won't Budge; Cryptos Ignore the FTX Chaos for Another Day

Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTX parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing.

By James Rubin, Sam ReynoldsNov 18, 2022

Bitcoin traded sideways for another day amid the latest fallout from FTX's collapse. (Getty Images)

Markets

Market Wrap: Crypto Respond Sideways to FTX and related crises

The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days.

By James Rubin, Glenn Williams Jr., Jocelyn YangNov 17, 2022

Markets

Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout

Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.

By Jocelyn YangNov 17, 2022