First described in a 2013 whitepaper by programmer Vitalik Buterin, Ethereum (ETH) is a cryptocurrency and blockchain platform that allows developers to create programs and run smart contracts using its native language. It can thus be viewed as a virtual computer, whose resources are paid for using Ether.In 2020, Ethereum began the transition to Ethereum 2.0, in which its proof-of-work consensus mechanism is replaced by a proof-of-stake model. The aim of the upgrade is to increase Ethereum’s scalability and security.
Game On: The Hottest Upcoming Gaming Token Airdrops
Airdrop season is in full swing, with apps, protocols, and other projects seizing upon signs of an impending bear market to finally drop their tokens—and potentially reward millions of crypto users in the process.What exactly is an airdrop, though? When it comes to crypto tokens, an airdrop is typically a way for a project to reward its early users and contributors by giving them a share of a newly launched token, all while spreading the tokens far and wide for decentralized governance.When it...
Bitcoin Gains Are Pushing Traders Into Meme Coins, Says Bitwise Exec
Why exactly are meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) pumping all of a sudden? Bitwise CIO Matt Hougan says there’s a method to the madness.“The primary driver of alt season is a classic ‘wealth effect,’" wrote Hougan on Twitter Friday. “Crypto natives make money in Bitcoin, feel rich, and then look for more speculative assets to invest in.”Bitcoin (BTC), the long-reigning king of the crypto market, is up 54% year to date, largely thanks to inflows and media hype s...
Batman Back on Blockchain With 'Legacy Cowls' Ethereum NFTs
The Dark Knight is returning to the Ethereum ecosystem in a new NFT collection commemorating the 85th anniversary of Batman's first appearance in "Detective Comics #27."The Legacy Cowls Collection is the next installment of the Bat Cowl Batman-themed NFT series that debuted in 2022. Made in collaboration with DC Comics and Warner Brothers Discovery Group, The Legacy Cowls Collection spans 11,544 digital collectibles using the Ethereum scaling network Palm that will drop on March 29 and be avail...
Ethereum Retakes $4,000 for the First Time Since 2021
The price of Ethereum broke $4,000 today as the crypto bull market continues just as Bitcoin again set a new all-time high and broke above $70,000 on Friday, according to Coinbase.ETH has been trading above $3,900 since early in the morning on Friday before it reached $4,000 exactly—for a 4.20% increase in the past 24 hours—on Coinbase and then receded to $3,943.But this latest surge began at the start of February, when the price of ETH began climbing steeply from around $2,300, reaching $3,00...
- See AlsoUnderstanding the Concept of Proof-of-Work in Cryptocurrency: Everything You Need to KnowCryptocurrency, Bitcoin, and Ethereum News — TradingViewSolana Leads Massive Altcoin And Bitcoin Rally As JPMorgan Warns Crypto Markets Are Looking Bubbly AgainEthereum (ETH) Price Eyeing Rally to $2,700 Amid Strong Exchange Outflows
Gaming Tokens Rebound as Bitcoin, Ethereum Continue to Rally
When Bitcoin’s price quickly crashed after setting a new all-time high price on Tuesday, many cryptocurrencies followed suit—including most of the prominent gaming tokens. But with Bitcoin rising back to $68,000 and Ethereum edging closer to $4,000, gaming coins are hot again.Tokens tied to crypto games and gaming networks are broadly in the green today, according to data from CoinGecko, led by Immutable (IMX)—the top gaming token by market cap.The Ethereum scaling platform, which spans the Im...
Heroes of Mavia Review: Should You Play the Crypto ‘Clash of Clans’ Clone?
I didn’t expect to play nearly this much Heroes of Mavia.With the iOS and Android game quickly racking up millions of downloads and seeing a surging token price last month, I figured I’d start playing around with the crypto-infused game—which takes obvious cues from mobile smash Clash of Clans. As with that game, you’ll gradually build up your base’s defenses, attack other players’ bases, and amass resources over time.But while I’m well familiar with Clash of Clans—and even covered the game’s...
Is Ethereum a Security? SEC Chair Gary Gensler Defers on the Question
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, refused to be drawn on whether the regulator considers Ethereum to be a security—even as the SEC considers multiple applications for spot Ethereum ETFs.Speaking onBloomberg TV, Gensler said he would "defer on that question," when pressed on whether the regulator viewed Ethereum as a security."On any one of these crypto tokens, it's about the facts and circ*mstances as to whether the investing public is anticipating...
Wormhole Unveils Airdrop Details—Here's What You Need to Know
Cross-chain protocol Wormhole has announced more details about the upcoming launch and airdrop for its W governance token. Users across Ethereum, Solana, and numerous other blockchains, along with certain community projects, can claim it.Ultimately, the airdrop will be offered to nearly 400,000 unique wallets across its “community and launch” category, with 617.3 million W tokens allocated for those users.Of that total, 500 million tokens will be handed out to crypto users who have utilized a...
Coinbase Is Giving Out Free Cards and Currency for Ethereum NFT Game 'Parallel'
Cryptocurrency exchange Coinbase is offering up free in-game items and currency for Ethereum NFT card game Parallel, which launched to the public in open beta last week.The exchange will offer up $5 worth of in-game credits (Glints) and two free packs of non-NFT cards to new players who access the game either through Coinbase’s “explore” page for retail traders or through social media posts from Base—the Ethereum layer-2 scaling network incubated by Coinbase.Parallel mints some of its NFTs on...
Ethereum Hits $3,800 for First Time Since December 2021
Ethereum jumped over $3,800 Wednesday morning, hitting its highest price since the end of 2021.At time of publication, the Ethereum price has pulled back slightly, trading at $3,796.53, up 2.8% on the day, per data from CoinGecko. The cryptocurrency last traded over $3,800 on December 29, 2021, according to the price tracking site.The cryptocurrency's price surge comes as staked Ethereum hit over $116 billion earlier this week, up 9% since the start of the year. Today, 31,320,207 ETH are curre...
Ubisoft Bringing ‘Watch Dogs’ NFTs to Ethereum Card Game ‘Cross the Ages’
Ubisoft is bringing another one of its big-budget video game franchises into the crypto world in a collaboration with Ethereum NFT card game Cross the Ages, which will launch in-game cards inspired by the Watch Dogs series.According to a tweet and an announcement on Ubisoft’s official Discord server, cards inspired by the Watch Dogs game franchise will be released for purchase in Cross the Ages on April 3. No further details have been released, but the first trailer below showcases vigilante he...
Staked Ethereum Grows to $116 Billion a Week Before Dencun Upgrade
With the Dencun update a week away, there's now 31.387 million Ethereum—worth approximately $116 billion—staked on the Beacon Chain.After seeing a slight dip in early January, the amount of ETH staked on the network has grown steadily and increased by 9% since the start of the year, according to Staking Rewards.At the time of writing, the Ethereum price is sitting at around $3,720, up 6.5% on the day and 14.1% on the week, per data from CoinGecko.Ethereum changed from using a proof of work co...
SEC Pushes Back BlackRock Spot Ethereum ETF Application—Again
The Securities and Exchange Commission has, for the second time, delayed decision-making on a proposed spot Ethereum ETF from investment giant BlackRock.The original application to create the iShares Ethereum Trust was submitted to the SEC in November, which the federal regulator delayed two months later, asserting the need for a “longer period within which to take action.” A new deadline of March 10 had been set—and has now been thrown out, according to a Monday filing.The SEC has pushed back...
Wormhole Airdrop on Ethereum and Solana Could Be Worth Almost $3 Billion
Cross-chain bridge protocol Wormhole is gearing up for a multi-billion dollar airdrop of its upcoming W token, pre-market trading data suggests.On Monday, W traded for 2.49 USDT in OTC trades recorded through Bybit— more than five times higher than it traded for one month ago in the perpetual futures market. At the time, Wormhole published a tokenomics and unlock schedule for W, which entailed a token generation event that would immediately release 1.1 billion tokens, with another 600 million t...
Ethereum Gas Fees Skyrocket Again, Pushing Price of NFT Transactions Near $400
All good things come at a cost—and in this case, skyrocketing prices across the crypto market have also triggered an equally steep rise in Ethereum gas fees.On Ethereum, massive levels of network traffic pushed gas fees beyond 174 gwei by midday Monday according to Etherscan, incurring significant costs for traders attempting to complete various types of transactions within the blockchain’s ecosystem.To give an indication of the severity of the gas fee uptick: The average charge to complete...
Someone Just Bought a CryptoPunks NFT for $16 Million in Ethereum
An anonymous individual purchased a CryptoPunks NFT for over $16 million worth of cryptocurrency on Monday, in the second-largest transaction for a CryptoPunk ever recorded.For a whopping 4,500 ETH—worth $16.03 million at the time of sale—an Ethereum user whose identity has yet to be revealed purchased CryptoPunk #3100 just after 9:30 am EST this morning. The user’s wallet was created only four days ago, and used exclusively to purchase the NFT.CryptoPunk #3100 is one of only nine Alien Punk...
Ethereum Hits $3,500 Just Days Before Dencun Upgrade
Ethereum is starting the week having inched its way past $3,500, marking a 3% gain since this time yesterday, according to CoinGecko data.At the time of writing, the Ethereum price is $3,506.38, which means that ETH has gained 15% in the past week. This is the highest Ethereum has been since January 2022, when it was coming down from the late 2021 bull run. And 91% of ETH held in wallets is now in the money. That means all but 9% of ETH has appreciated in value since it was purchased, according...
This Week in Crypto Games: Portal Airdrop Begins, Ethereum Card Battler 'Parallel' Opens Up
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in!Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games.Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you...
How Much Cheaper Will Dencun Really Make the Ethereum Ecosystem?
On March 13, Ethereum is set to undergo its latest network upgrade, Dencun. While the event has certainly stirred excitement among the network’s die-hard tech enthusiasts, it has generated relatively little mainstream buzz in contrast to the 2022 merge, which transitioned Ethereum to the more energy-efficient proof-of-stake model.Make no mistake, though: According to the developers responsible for running the largest layer-2 networks built atop Ethereum, Dencun will constitute a seismic event i...
Biggest Crypto Gaming Tokens Launched in 2024—So Far
Huge tokens have been dropping left and right so far in 2024, and gaming projects are getting in on the excitement. Tokens tied to games and networks have been among this year’s biggest launches as the broader crypto market rebounds and airdrops accelerate.From Portal to Pixels, these are the gaming tokens that have made waves so far this year, ranked by peak market cap to date per CoinGecko, at the time of writing. But there are sure to be more big tokens ahead, as our gaming airdrops roundup...
Load More
