Eth 2.0

Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A $250K Donation Each

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A diverse execution-layer client ecosystem is at the heart of all that we’re building together. Today, we're excited to announce that @compoundgrants, @krakenfx, @LidoFinance, @synthetix_io, @graphprotocol & @Uniswap are donating $250K each to support #Ethereum client

Ethereum Issuance Drops Below Bitcoin’s For the First Time, Why This May Lead to a New Rally

Ethereum has been on a rally for the past week, moving from a two-month low at $1,700 to its current level at $3,223. Several factors have pushed the crypto market into a new rally, but most seem to gravitate around ETH and its ecosystem. ETH moves sideways into the weekend on the 24-hour chart. Source: ETHUSD Tradingview After the implementation of EIP-1559, Ethereum’s native token became a deflationary asset due to the change in its fee mechanism. To validate transactions on the network a portion of ETH is “burn”, meaning

Tempus Unveils ETH 2.0 Fixed Rate Staking

Decentralized finance (DeFi) platform Tempus has announced a new staking method for Ethereum 2.0 which enables users to access a fixed-rate yield.Sponsored Sponsored In a blog post on Aug 4, Tempus founder David Garai explained that users can optimize their existing exposure to variable ETH 2.0 staking yields including the ability to get a fixed yield. Tempus is an open-source protocol that allows users to optimize their existing exposure to variable yield to better match their risk profile. It completed a $1.9 million seed round in mid-July.Sponsored Sponsored Fixed yields

Daily Created Ethereum Addresses Hits a Three-Year High

In more bullish news relating directly to Ethereum fundamentals, the second-largest crypto by market cap has seen the most new addresses created in a single day in the last 35 months. The cryptocurrency space has largely seen positive price growth, including the leading smart contract platform. Ethereum may be having one of its biggest years so far, as the system migrates over to Proof-of-Stake (PoS) verification with the launch of 2.0. Alongside this release, ETH witnessed a yearly price increase of around 4x as the Ethereum price flirts with the

Ethereum Developers Claim 2.0 Launch Went ‘Smooth’ Despite Validator Slashings

The latest update from the team working on Phase 0 of the ETH 2.0 upgrade has praised the smooth launch of the new blockchain which was only marred by a number of validators getting ‘slashed.’ It has now been two weeks since Beacon Chain went live heralding in a new era for Ethereum as the Serenity upgrade gets underway. The launch has been a rather eventless affair, which is good news as confirmed by ConsenSys developer Ben Edgington in his latest ETH 2.0 update. “It’s been a wonderfully dull eleven

Ethereum 2.0: Complete Overview of ETH’s New Form

On December 1st, 2020, Ethereum 2.0 went live. Great! But what does it mean? What even is Ethereum 2.0? Where can you get your hands on some 2.0 ETH tokens? Is it even worth it? And how come “Ethereum 1.0” is still live? How will Ethereum 2.0 impact the price of Ethereum? Image via StatusThese are just a few of the many questions people have been asking since Ethereum 2.0 launched. Here at the Coin Bureau, we have been keeping an eye on these questions. While you will find some

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Kraken, the online cryptocurrency exchange, has announced that it has enabled the ability for its users to stake ETH via the new ETH 2.0 Beacon Chain directly on the exchange. As far as major cryptocurrency exchanges go, Kraken appears to be one of the first to announce the opportunity for its users. At press time, Kraken had recently enabled the staking ability, marking a major step in the continued growth of ETH 2.0. A Win for the “Small” ETH Holder Kraken will be allowing ETH users of all sizes to

Weekly Bitcoin and Cryptocurrency Market Analysis

Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund

Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. On August 17, the Qtum Foundation announced a $1 million DeFi development fund that will be allocated to solo devs and teams seeking to create scalable DeFi dApps. Qtum is not the first blockchain platform to lay down the red carpet to DeFi devs; Matic Network recently issued a similar call, with a generous grant program

Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.ETH-USD 4-hour chart. Source: TradingView.comThe record high open interest on ETH futures hints that traders remain bullish and further gains could be seen over the coming days.In recent months, Ethereum has seen strong momentum due to the explosive growth of the Decentralized Finance sector. The demand for Ether led to a sharp