Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has broken its previous all-time price high, according to historical data on some major exchanges. Prices surged on Tuesday to reach $1,439.33 – that’s over Bitstamp’s recorded high of $1,420. Coinbase and Bitfinex have previous record peaks listed around the same level. At press time,...Read More
New research from the cryptocurrency wallet ZenGo has shed additional light on front-running attacks happening on the Ethereum blockchain. First outlined in “Ethereum Is a Dark Forest,” DeFi investors Dan Robinson and Georgios Konstantopoulos called attention to a variety of attacks by bots that were roving the Ethereum blockchain in search of prey. The new...Read More
The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two. The split resulted from a code change that was surreptitiously inserted into a previous Geth update; some Ethereum node operators ignored the update, which ironically was meant to prevent the...Read More
Free money always makes the crypto world go mad, even if people don’t know what the new cryptocurrency will be worth or what it’s good for. The case is being proven out again with Circles, a blockchain-based universal basic income (UBI) project that launched Oct. 16 on Ethereum’s xDai sidechain. Founded by Martin Köppelmann of...Read More
CoinDesk is preparing for invest: ethereum economy with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event, the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses them. The Top Shelf news you subscribed to is down below. Now a few words from CoinDesk’s Managing Director of...Read More
The number of pending transactions on Ethereum per minute has jumped 30% after the claim for Uniswap’s UNI token begins. The decentralized trading platform announced around 00:30 UTC time Thursday that it has launched its governance token dubbed UNI with 1 billion coins that will be released over the next four years. While the liquidity...Read More
Bitcoin is making up for lost gains after hitting a one-week low. Over on Ethereum, the fee situation continues to be problematic for traders. Bitcoin rebounded Wednesday, making gains from a 24-hour low of $11,119 on spot exchanges like Coinbase, a price point not seen since Aug. 5. Constantin Kogan, partner at crypto fund-of-funds BitBull...Read More
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