#ethereum

Nvidia To Apply Reduced Ethereum Hash Rate To Its Newly Manufactured Graphics Cards

Crypto News Point

May 21, 2021
2 min

Nvidia To Apply Reduced Ethereum Hash Rate To Its Newly Manufactured Graphics Cards

Nvidia, the graphics card giant, has said that it would be applying a reduced Ethereum hash rate to its newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards. It has been reported that the models will be identified by a “Lite Hash Rate” (LHR) label, aimed at getting its graphics processing units (GPUs) to its target customers rather than cryptocurrency miners. Matt Wuebbling, the Global Head of GeForce marketing at Nvidia, said: “This reduced hash rate

Ethereum Makes New All-Time High By Trading Above $3,000 Mark

Crypto News Point

May 4, 2021
2 min

Ethereum Makes New All-Time High By Trading Above $3,000 Mark

Ethereum has made a new all-time high (ATH) by trading above the $3,000 mark, as ETH price reached the milestone on several major exchanges, including Bybit, Coinbase, and BitMEX. It has been reported that the surge has helped Ethereum overtake institutions such as The Walt Disney Company and Bank of America in terms of total market capitalization. The world’s largest smart contract-enabled layer-one blockchain has grown 24% on the week to $346.72 billion, according to tracki

Cross-Chain Bridge Interconnects Between The Ethereum And Tezos Blockchains

Crypto News Point

Apr 29, 2021
2 min

Cross-Chain Bridge Interconnects Between The Ethereum And Tezos Blockchains

Report said that a cross-chain bridge has interconnected between the Ethereum and Tezos blockchains. It has been reported that after the launch of the Wrap Protocol, created by Bender Labs, Ethereum-based ERC-20 and ERC-721 tokens can be made Tezos-compatible, allowing Ether (ETH) holders to interact with the Tezos ecosystem. However, token wrapping has become a common way of connecting the users of disparate blockchain platforms and is perhaps best exemplified by Wrapped Bit

Cardano To Become An Ethereum Contender Once It’s Alonzo Update Completes

Crypto News Point

Apr 21, 2021
2 min

Cardano To Become An Ethereum Contender Once It’s Alonzo Update Completes

Charles Hoskinson, the founder of Cardano (ADA), has said that Cardano will strive to become an Ethereum contender once its Alonzo update has been completed. It has been reported that through his YouTube channel, he discussed Cardano’s roadmap covering the next four years in a video titled “Some Musings about the Roadmap.” However, he mentioned that although the Cardano developers are working on solving the scalability issue and Cardano’s approach to it, he will only turn his

Report: Ethereum Can Go To $10,000 In 2021

Crypto News Point

Apr 12, 2021
1 min

Report: Ethereum Can Go To $10,000 In 2021

A report by professional trader Scott Melker said that Ethereum can go to $10,000 in 2021 and can overshadow Bitcoin. It has been reported that Melker sees this period of Bitcoin’s price consolidation as particularly bullish for the second-largest cryptocurrency, which recently reached new all-time highs. However, he sees Ether’s outstanding performance as the main catalyst of the recent altcoin market bull run. Scott Melker, aka the Wolf of All Streets, believes Ethereum's "

Crypto News Point

Mar 13, 2021
2 min

American Luxury Brand, The Kessler Collection Sets Foot On BTC For Payments

As cryptocurrencies continue to rise in value, American luxury brand, The Kessler Collection has started adopting Bitcoin(BTC) and cryptocurrencies for payment options. According to The Kessler Collection’s Press Release, it is the first in the world to partner with Atlanta company, BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. On the historic collaboration, Richard Kessler, chairman, and CEO of The Kessler Collection states: I believe c

Ethereum Community To Launch Berlin Upgrade With 4 Ethereum Improvement Protocols

Crypto News Point

Mar 9, 2021
2 min

Ethereum Community To Launch Berlin Upgrade With 4 Ethereum Improvement Protocols

The Ethereum community has laid out to launch its upcoming Berlin upgrade by marking an important milestone in its development roadmap with four Ethereum Improvement Protocols (EIPs). It has been reported that Berlin is scheduled to go LIVE on the Ethereum mainnet at block 12,244,000, or April 14. However, Ropsten, the first testnet to upgrade, is scheduled for March 10 (tomorrow). The Goerli and Rinkeby networks are expected to upgrade in one-week increments on March 17 and

Ethereum Co-Founder Vitalik Buterin Proposes A Solution For A Particular Type Of Cross-Rollup Scalin

Crypto News Point

Mar 4, 2021
2 min

Ethereum Co-Founder Vitalik Buterin Proposes A Solution For A Particular Type Of Cross-Rollup Scalin

Vitalik Buterin, the co-founder of Ethereum, has proposed a solution for a particular type of cross-rollup scaling. It has been reported that the proposal outlines how two protocols using rollups can communicate with each other while maintaining interconnectivity and composability. However, rollups are layer-two solutions that are essentially smart contract networks that process and store transaction data off the main chain. There are a number of different rollup types, with

A Handy Guide To The Second Largest Cryptocurrency-Ethereum

Crypto News Point

Feb 26, 2021
5 min

A Handy Guide To The Second Largest Cryptocurrency-Ethereum

WHAT IS ETHEREUM? The 26-year old founder of the world’s second largest blockchain revolution, Vitalik Buterin defines Ethereum to be A peer-to-peer network for sending messages and a generalized blockchain with a built-in programming language allowing people to use the blockchain for any kind of decentralized applications that they want to create. A transaction-based state machine to keep a permanent record of digital transactions. An open-source, decentralized system workin

Marvel Comic Artist Adam Kubert Sells Spiderman Drawing For 12.75 ETH On Ethereum

Crypto News Point

Feb 21, 2021
2 min

Marvel Comic Artist Adam Kubert Sells Spiderman Drawing For 12.75 ETH On Ethereum

Adam Kubert, the Marvel comic artist, has sold his unique Spiderman drawing for 12.75 Ether (ETH) ($25,000) after being turned into a non-fungible token on the Ethereum blockchain. It has been reported that Kubert’s piece is one of 25 unique artworks expected to be launched as NFTs by several Marvel artists, including Dan Panosian, Matteo Scalera, Dave Johnson, Andy Kubert, and Eric Canete. However, the NFTs are to be sold on Portion.io, a platform that allows users to create

Ethereum’s Gas Fees Spike To Record Highs, DeFi Protocols Increase Above $1,000

Crypto News Point

Feb 6, 2021
2 min

Ethereum’s Gas Fees Spike To Record Highs, DeFi Protocols Increase Above $1,000

Report said that Ethereum’s gas fees have spiked to record highs, as DeFi protocols have increased above $1,000. It has been reported that after increasing around 20% in the last 2 days, average Ethereum transaction fees are now sitting at a record $17.67. Paolo Ardoino, CTO at Bitfinex: “Bitcoin’s recognition as a ‘good thing’ has always seemingly been judged according to its price. Yet amid more feverish speculation in frothy markets, it is important to remember the underly

Ethereum Rises 13% Over The Past 24 Hours For The First Time

Crypto News Point

Jan 7, 2021
2 min

Ethereum Rises 13% Over The Past 24 Hours For The First Time

The price of Ethereum (ETH) rises 13% over the past 24 hours for the first time, which lists the top 100 traded assets by market cap. It has been reported that Ethereum marched past 12 other entries on the list today and is currently positioned in the #88 spot, between Bristol-Myers Squibb at #89 and Anheuser-Busch at #87. However, up 62% in 2021 alone, the price of ETH crossed $1,200 today for the first time since January 2018 and appears poised to overtake its all-time high

Secret Network Offers Privacy Features For Ethereum Blockchain And 14 ERC-20 Tokens

Crypto News Point

Dec 17, 2020
1 min

Secret Network Offers Privacy Features For Ethereum Blockchain And 14 ERC-20 Tokens

The Secret Network, an open-source blockchain protocol, is offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. It has been reported that the protocol launched its Secret Ethereum Bridge on the mainnet yesterday (on December 16), which is designed to allow Ether (ETH) and all ERC-20 token holders to create programmable versions of their assets with privacy features. The Secret Network compared these “secret” tokens to privacy coins like Monero (XMR): “S

Ethereum’s Top 10 Most-Popular DApps Attracts More Than 1 Million Active Users Over The Last 30 Day

Crypto News Point

Nov 19, 2020
2 min

Ethereum’s Top 10 Most-Popular DApps Attracts More Than 1 Million Active Users Over The Last 30 Day

DappRadar said that Ethereum’s top 10 most-popular DApps have attracted more than one million active users over the last 30 days. It has been reported that this milestone comes as interest in decentralized finance (DeFi), received a second wind, with the number of users growing by 11% in the first 11 days of November. However, the ten DApps, six of which describe themselves as providing “DeFi and exchange” services, represent more than $21 billion in combined trading volume o

Binance Launches Ethereum Mining Pool

Crypto News Point

Nov 16, 2020
2 min

Binance Launches Ethereum Mining Pool

Binance, the major cryptocurrency exchange, has launched Ether, an in-house mining pool for the market’s largest altcoin by market cap. It has been reported that for the first month, between November 12 and December 12, Binance is trying to miners by offering a zero-fee regime. After that, those contributing their hashing power to the pool will be charged a competitive 0.5% commission on their earnings. The report said that Binance’s instructions for setting up a mining pool

AP News Agency Publishes Results Of The US Presidential Election On The Ethereum And EOS Blockchains

Crypto News Point

Nov 6, 2020
1 min

AP News Agency Publishes Results Of The US Presidential Election On The Ethereum And EOS Blockchains

The Associated Press (AP) news agency has been publishing results from the November 3 United States presidential election onto the Ethereum and EOS blockchains. It has been reported that results are being immutably written to the blockchain by Everipedia’s OraQle software, as noted on the developer webpage by detailing how to access its AP Elections API. While the results are naturally also being published on the AP website by using the blockchain-based Everipedia provides an

Reserve Bank of Australia To Explore Potential Use Of CBDC In The Country Using Ethereum-Based Distr

Crypto News Point

Nov 4, 2020
2 min

Reserve Bank of Australia To Explore Potential Use Of CBDC In The Country Using Ethereum-Based Distr

The Reserve Bank of Australia (RBA), the financial institution, will be partnering with the Commonwealth Bank, National Australia Bank, the financial services company Perpetual, and software company ConsenSys, on a project to explore the potential use of a wholesale central bank digital currency in the country using “Ethereum-based distributed ledger technology.” It has been reported that the RBA stated it would be researching the development of a proof-of-concept for “the is

WordPress Now Enables Users To Timestamp Content On The Ethereum Blockchain

Crypto News Point

Oct 27, 2020
2 min

WordPress Now Enables Users To Timestamp Content On The Ethereum Blockchain

A WordPress plugin now enables users to timestamp content on the Ethereum blockchain. It has been reported that the plugin can help with copyright issues, proof of who created a piece of content, and to reassure readers it has not been altered. However, WordPress currently powers around 37% of all websites and has a 60% share of the CMS market. As per the report, Amsterdam-based WordProof made the announcement at the London BlockDown 2020 3D virtual blockchain conference on O

Ethereum Launches Upcoming Ethereum 2.0 Phase 0 “Zinken”

Crypto News Point

Oct 14, 2020
2 min

Ethereum Launches Upcoming Ethereum 2.0 Phase 0 “Zinken”

Ethereum has successfully launched a dress-rehearsal testnet for the upcoming Ethereum 2.0 Phase 0, named Zinken. It has been reported that the launch occurred on October 12 (Monday) at 12 P.M. UTC and unlike previous attempts, was a smooth launch with enough participation and no major bugs. However, the testnet was organized following the bittersweet launch of Spadina, the first rehearsal that aimed to test the launchpad for stakers. The Spadina testnet suffered from low par

Spadina Testnet Of ETH 2.0 Schedules For Genesis Before The Month Ends

Crypto News Point

Sep 28, 2020
2 min

Spadina Testnet Of ETH 2.0 Schedules For Genesis Before The Month Ends

The Spadina testnet of ETH 2.0 has been scheduled for genesis before the month ends, which is tomorrow on September 29 at 12 pm UTC, as per the dev update. It has been reported that next week, a “dress rehearsal” Testnet for the community to practice sending deposits, launching beacon nodes, and validator clients starting from genesis. However, for this, Eth2 Standard API definitions are complete, and implementation started, and voluntary exit implementation is ready. Meanwhi