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

First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.

By Shaurya Malwa, Damanick Dantes, James RubinMay 25, 2022

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Markets

First Mover Asia: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

By Sam Reynolds, Damanick Dantes, James RubinMay 24, 2022

Markets

First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos fell despite gains in U.S. equity markets.

By Sam Reynolds, Damanick Dantes, James RubinMay 23, 2022

Tech

ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product

Sparkster promised investors a “no-code” software-creation platform using $30 million in funds raised from investors in 2018.

By Shaurya MalwaMay 23, 2022

Markets

First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins

Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.

By Sam Reynolds, Damanick Dantes, James RubinMay 22, 2022

Markets

First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.

By Shaurya Malwa, Damanick Dantes, James RubinMay 19, 2022

Tech

Ethereum se encamina a la fusión de Testnet en junio

La fusión de la red de prueba permitiría a los desarrolladores trabajar en cualquier riesgo o error potencial antes de que Ethereum pase a ser una red proof-of-stake.

By Shaurya MalwaMay 19, 2022