Tagged: Ethereum Foundation

Ethereum Foundation Converts $4.5M ETH to Stablecoins, Claims it Will Support Ecosystem Growth

The Ethereum Foundation revealed that it will be exchanging as many as 1,000 ETH tokens for stablecoins in order to support ongoing ecosystem growth. Leveraging CoWSwap’s TWAP solution, the Ethereum Foundation stated converting the ETH into stablecoins should help it enable work to finance research… Read More

Ethereum Foundation to Sell 10,000 ETH to Support Research and Development Initiatives

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The Ethereum Foundation, an organization sharply focused on the Ethereum (ETH) ecosystem, has announced plans to sell 10,000 ETH to finance ongoing and future research and development initiatives. This strategic move aims to strengthen the foundation’s financial reserves while supporting critical projects that drive Ethereum’s… Read More

Ethereum (ETH) MainNet Shadow Fork Now Live as Transition to Proof of Stake Continues

  Ethereum’s (ETH) very first mainnet shadow fork has gone live (as of April 11, 2022). This, as the developers of the second-largest digital currency by market capitalization continue the gradual transition to a proof-of-stake or PoS (blockchain) consensus model. The shadow fork is a… Read More

DeFi: Wharton School of the University of Pennsylvania Publishes Comprehensive Report on Decentralized Finance

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

Ethereum Not Just a Digital Currency, It’s a Financial Ecosystem Generating $29.3M in Fees Every 24Hrs, 8x More than BTC: Report

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

Ethereum 2.0 Development Going Steady with Ethereum Foundation Introducing “Attack Networks” Bounty Program for Hackers for Testing Purposes

The Ethereum Foundation, an organization that supports the ongoing development of Ethereum (ETH), the largest blockchain-based network for building decentralized applications (dApps), has introduced several public “attack networks” for Ethereum 2.0, which is based on existing stable clients of the smart contract platform. These attack… Read More

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