Ether Breaks $2,500 for the First Time in Wake of Berlin Fork
Ether (ETH, -0.25%) continued its rally on Thursday after the Berlin hard fork on the Ethereum blockchain went live earlier the day, surpassing $2,500 for the first time in history.
- The No. 2 cryptocurrency by market capitalization was traded around $2,498.91 at press time, just slightly down after it briefly went as high as $2,503.92.
- Ether’s price has been outperforming bitcoin (BTC, -1.71%)‘s on Thursday, as the Ethereum blockchain’s much anticipated Berlin hard fork went live early the day.
- The upgrade, which sets up the network for the much bigger London hard fork in July, incorporates four Ethereum Improvement Proposals (EIPs).
- The hype around ether is also reflected in the derivatives market, as open interest in ether’s options market rose to a record high above $3 billion on Wednesday.
- The late-day surge also could be due to news that the Rothschild Investment took at initial $4.75 million stake in the Grayscale Ethereum Trust. Grayscale is owned by CoinDesk parent company Digital Currency Group.
Thales, the first lightweight, high-performance parallel chain in the Polka ecosystem, has received a $10 million investment from ZKfund, Holo Capital, and Digital Assets Investment, which will be used for the development of Thales’ economic system layer Hayek, DAO governance layer Plato, and storage network layer IPS (IPS-Thales). Introduction to Thales The Thales project is made up of Hayek, an economic system layer, Plato, a DAO governance layer, and IPS, a storage network layer (IPS-Thales). Although the consensus mechanism of Thales is NPOS, unlike Poca, Thales rewards not only…30/03/2021
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The problem with crypto is not that it is a scam. Or a bubble. Or used in any significant way today to evade taxes and finance terrorism. The problem with crypto is it presents a viable alternative to monetary monopolies by national governments. A viable alternative to banks and other financial institutions. A viable alternative to intermediated exchange. Pondering Durian is a tech-focused investor and writer who explores connections involving the U.S., China, and Emerging Asia (India and Southeast Asia) in the Emerging newsletter and blog. The real problem – for politicians, nation-states…25/03/2021
The dark horse of the decentralised storage industry, crushing the FIL, what is the MACCion FIL II all about?
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Most people never even see the server that runs the internet network in their houses. But Start9 Labs is working to change that with its latest upgrades to the Embassy Server, a self-sovereign, private internet server and operating system for your home. It’s an ambitious project to make self-sovereign computing viable for consumers, but one that offers a way out of the centralized internet people know. To expand on their efforts, Start9 Labs recently closed a $1.2 million funding round spearheaded by Collider Ventures, Ten31 and Erik Voorhees, CEO of…11/03/2021
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Web 3.0 analytics and querying platform The Graph announced Radicle, a peer-to-peer software building stack, will host its governance protocol, the Graph Improvement Proposal (GIP) Process. All future protocol governance will also be hosted on Radicle, which is akin to a decentralized GitHub. The GIP process is meant to make sure protocol upgrades are frictionless and to allow the decentralized community and stakeholders to contribute to the overall development of the Graph protocol. It lays out how contributors can propose an idea and provides a methodology for the The Graph Council, which governs…11/03/2021
While top GameFis are experiencing crisis, where is the turning point? Elven World rises as a game changer!
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