Ethereum News

Ethereum News

Tech

‘Experimental’ Early-Morning Attack Temporarily Diverts 0.8% of Ethereum Nodes

An attacker fraudulently added hundreds of blocks to the Ethereum chain with invalid proof-of-work, but only a small percentage of nodes were affected.

Graphics processing units (GPUs) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg

Videos

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.

CoinDesk placeholder image

Markets

Solana Funds Outshined Bitcoin Last Week Amid Down Market

Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.

CoinShares report shows that crypto funds overall netted inflows last week, despite bitcoin's outflows. (CoinShares)

Markets

Arbitrum Vaults Onto Layer 2 Leaderboard as DeFi Assets Cross $2B

The project aims to increase the speed and reduce the cost of transactions on Ethereum.

In just weeks, Arbitrum has vaulted into the ranks of top DeFi projects. (Creative Commons, modified by CoinDesk)

Tech

Ethereum Hashrate Reaches All-Time High

Computing power on the network has rebounded from China’s mining crackdown as demand picks up.

Ether's mean hashrate. (OKLink)

Markets

Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise

Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.

Bitcoin 24-hour chart (CoinDesk)

Markets

NFT Trading Volume Plummets but Analysts Say NFT Craze Is Far From Over

Daily trading volume on the top NFT marketplace has dropped by more than 80% over the past month.

CryptoPunk NFTs

Markets

Sotheby’s Auction of 101 Bored Ape NFTs Fetches $24M, Smashing Estimates

The eight-figure price implies an average sale of $241,515 per NFT.

Screen grab from Sotheby's website showing results of Bored Ape Yacht Club NFT auction. (Sotheby's)

Finance

Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No

The cultural cachet that makes fine art such a good investment will take years to build up around NFTs.

LONDON, ENGLAND - MARCH 20: Highlights from Sotheby's auctions of Modern and Contemporary Middle Eastern and African Art at Sotheby's, featuring The Visitor by South African artist Gerard Sekoto on March 20, 2020 in London, England. (Photo by John Phillips/Getty Images for Sotheby's)

Markets

Market Wrap: Bitcoin Bullish Sentiment Fades as Selling Abates

Analysts expect sentiment to become more normal for September as bitcoin’s price consolidates.

Bitcoin 24-hour chart (CoinDesk)