News from the largest cryptocurrency project since Bitcoin. In this section, you'll find Ethereum news, information about Ethereum 2.0 staking, how the Ethereum blockchain works, and the current ETH price. Read the latest Ethereum cryptocurrency news on ForkNews.
Vitalik Buterin tried on a Santa Claus hat and has already begun handing out New Year's gifts. He already has $300,000 in his bag to support three startups working on creating the next version of the Ethereum network.
The consequences of the prolonged bearish trend are beginning to bear fruit. Last week, the core Ethereum Classic development team, ETCDEV (Ethereum Classic Development Company), announced that it would cease operations.
The Constantinople Ethereum (ETH) code update, a long-awaited hard fork that was previously scheduled to take place in late October but was delayed due to technical issues, has now received a confirmed release schedule.
The current bearish market trend, which has been going on since early November, does not seem to have affected the largest Ethereum whales at all. According to a Diar report dated December 3, 2018, this year was the most profitable for whales actively involved in the trade. According to Diar, by the end of the year, whale crypto assets grew by 80%.
One of the largest blockchain protocols for smart contracts in the world, Ethereum continues to grow at a rapid pace. The three main products of Ethereum are Infura, Truffle and Metamask. They are the backbone of the digital asset infrastructure. Ethereum co-founder Joseph Lubin revealed some aspects of this issue.
Ethereum co-founder Vitalik Buterin appears to have lost more than $460 million as prices plummeted by more than 90% in Ethereum's protracted fall from January levels to today's disappointing numbers.
Ethereum developers are preparing a large-scale upgrade of the network, but are in no hurry to disclose their intentions. Among the innovations being discussed are the possible replacement of the virtual machine and the introduction of fees for storing smart contracts. Whether these innovations will be included in next year's release remains intriguing.
A newly discovered vulnerability in the GasToken token, which runs on the Ethereum blockchain, could allow hackers to withdraw funds from exchange hot storage wallets, or even counterfeit tokens for profit.
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