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-2.67%

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-4.55%

OHM

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-1.89%

LUNC

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-4.92%

WBTC

$102,845.00

-0.71%

DOG

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-11.53%

CTC

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-4.97%

KSM

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-7.70%

PNUT

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-12.04%

ZRO

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-9.13%

SFP

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-3.74%

NOT

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-8.36%

SNX

$0.799632

-4.15%
Price data by
PricesEthereum

Ethereum News

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.
  • Coin-mixing service Tornado Cash is used to send and receive Ethereum anonymously. Source: Shutterstock

    Tornado Cash Dev Wants Charges Dropped Because Sanctions Deemed Illegal

    Roman Storm, co-founder of crypto-mixing platform Tornado Cash, hopes to have charges against him dropped after sanctions against his software were dropped. In Storm’s Dec. 18 motion to dismiss, he cites the recent Fifth Circuit ruling that the Treasury's Office of Foreign Assets Control (OFAC) overstepped by sanctioning Tornado Cash’s immutable smart contracts. The ruling recognized that autonomous software that no one controls cannot be classified as property. The ruling, the document reads, “...

    NewsLaw and Order
    3 min read
    Stacy Elliott
  • Bitcoin and Ethereum logos. Image created by Decrypt using AI

    SEC Approves First Hybrid Bitcoin-Ethereum ETFs From Hashdex, Franklin Templeton

    After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum. The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a filing released Thursday. "The proportion of bitcoin and ether to be held by each Trust will be based on free-float market capitalizations," the filing...

    NewsMarkets
    3 min read
    Vince Dioquino
  • Coinbase. Image: Shutterstock

    Cathie Wood's ARK Invest Sells More Coinbase Stock Amid Bitcoin Plunge

    Cathie Wood’s asset tech-focused investment firm ARK Invest has sold nearly $4 million in Coinbase stock (NASDAQ: COIN)—one of the biggest crypto-related equities—as Bitcoin and the rest of the crypto market take a hit after a period of massive gains. ARK’s Ark Fintech Innovation ETF (ARKF) offloaded 13,780 COIN shares worth $3.9 million, data from Wednesday shows. COIN is now priced at $274 per share—a 2% dip over the day. Over five days, it has fallen by 13%.  Wood’s investment firm is one of...

    NewsMarkets
    2 min read
    Mat Di Salvo
  • MemeBattle artwork. Image: Pixelverse

    ‘MemeBattle’ Pixelverse Game on Base Features Brett and Other Meme Mascots

    Crypto gaming franchise Pixelverse is launching a new tactical deck builder game that transforms popular cryptocurrency memes into playable characters, the firm announced Thursday. MemeBattle will feature characters based on the mascots of Base network meme coins, including Brett, Toshi, Keyboard Cat, Dog in Me, Mr. Miggles, Mochi, Ski Mask Dog, and Mochi. Players will be able to build squads using the meme coin-based characters and compete in battles to earn rewards. Characters from other crypt...

    NewsGaming
    2 min read
    Andrew Hayward
  • Bitcoin for the holidays. Photo: Shutterstock

    'Christmas Tree' Funding Bill in Congress Includes Gifts for Crypto Industry

    A spending agreement unveiled by congressional leaders Tuesday—a so-called Christmas Tree stopgap bill packed with various additions before the holiday break—is aimed at averting a government shutdown. But it also includes a relatively novel crypto-related initiative. Tucked within a 1,547-page bill that would keep the government funded through March 14, 2025, the legislative package currently includes the “Deploying American Blockchains Act,” a measure that would enable the U.S. Department of C...

    NewsLaw and Order
    4 min read
    André Beganski
  • Artwork from Telegram game Farm Frens. Image: Farm Frens

    'Farm Frens' Telegram Game Plots Token Launch and Airdrop for January

    The developer behind wholesome Telegram game Farm Frens and the upcoming Everseed tower defense game has set its token launch and airdrop on Ethereum layer-2 network Base for next month. The studio also announced that it plans to bring the farming title closer to the world of Everseed as the token launches across the two games. For months, gamers have been tapping away at the Farm Frens mini app on Telegram, tending to their land in a FarmVille-like spin on the tap-to-earn genre. As is the case...

    NewsGaming
    3 min read
    Ryan S. Gladwin
  • Image created by Decrypt using AI.

    Ethereum ETF Hot Steak Continues Amid Trump Regulatory Optimism

    Ethereum spot ETFs, or exchange-traded funds, saw a net inflow of $151 million on Tuesday, continuing an uninterrupted net positive capital flow streak that began on November 22. According to crypto market research company BRN, Ethereum ETFs added $151 million on Tuesday, while Bitcoin ETFs collectively added $494 million. Bitcoin ETFs have been hot for most of the year following their January launch in the United States, while Ethereum ETFs saw modest demand out of the gate. BRN analyst Valenti...

    NewsMarkets
    4 min read
    Adrian Zmudzinski
  • OpenSea is an NFT marketplace. Image: Shutterstock

    OpenSea: Everything You Need to Know About the Token Airdrop Speculation

    Three years after a peak NFT mania that drove monthly trading volume to billions of dollars and put the Bored Ape Yacht Club on The Tonight Show, the collectible tokens are once more gaining steam—and so is popular NFT marketplace OpenSea.  NFT trading volume recently hit a three-month high, and after marketplace competitor Magic Eden concluded its own ME airdrop, speculation is heating up about a potential OpenSea token.  The marketplace may or may not be teasing it, recently asking X (formerly...

    NewsCoins
    4 min read
    Logan Hitchcock
  • Source: Shutterstock

    Crypto.com Dropped Its SEC Lawsuit Just as CEO Met With Donald Trump

    In a rare moment in crypto history, Crypto.com has voluntarily withdrawn its lawsuit against the U.S. Securities and Exchange Commission (SEC). Considering the history of constant tussles between crypto firms and regulators—particularly the SEC—the decision came as a surprise to the crypto community. Filed in October, the crypto exchange’s lawsuit challenged the SEC’s authority and alleged the regulator overstepped its jurisdiction by labeling certain digital assets as “crypto asset securities.”...

    NewsLaw and Order
    3 min read
    Vismaya V
  • Image: Nifty Island.

    ISLAND: Everything You Need to Know About the ‘Nifty Island’ Ethereum Token and Airdrop

    Nifty Island embraced a wide array of established communities in Web3 to help expand its Roblox-style metaverse game.  Now it’s rewarding them. The project, which pioneered the now-popular “play-to-airdrop” campaign, just launched ISLAND, an Ethereum-based utility token that serves as the ecosystem token for its in-game economy. Below, learn everything you need to know about ISLAND now that it's live. What is ISLAND? ISLAND is the native token of the Nifty Island ecosystem, offering holders “i...

    NewsCoins
    6 min read
    Logan Hitchcock
  • Artwork from Kaidro. Image: Gadget-Bot Productions

    Ethereum Game 'Kaidro' Launching Ronin Token This Week

    The makers of anime-inspired role-playing game Kaidro: Clan Battles announced that they will launch a token on Ethereum sidechain network Ronin this week. With 35% of the supply allocated to community rewards, this opens the door to play-to-airdrop campaigns and other engagement rewards. Kaidro is based on a webcomic series of the same name by Gadget-Bot Productions. It has since been spun out into the RPG Kaidro: Clan Battles, an audiobook series, and an upcoming animated TV series in collabora...

    NewsGaming
    3 min read
    Ryan S. Gladwin
  • PENGU, the Pudgy Penguins token. Image: Pudgy Penguins

    Let It Snow: Pudgy Penguins Release Massive $1.5 Billion PENGU Airdrop on Solana

    PENGU, the Pudgy Penguins ecosystem token on Solana, launched Tuesday and quickly leapt into the top 100 cryptocurrencies by market cap, with potentially millions of NFT holders and traders eligible to claim tokens in the airdrop. The Pudgy Penguins token is currently trading for a price of about $0.0335, with a market cap of almost $2.1 billion. That makes it the 76th biggest cryptocurrency by market cap, according to data from CoinGecko. Newly launched tokens are famously volatile, and CoinGec...

    NewsMarkets
    3 min read
    Andrew Hayward
  • Pudgy Penguins artwork. Image: Luca Netz on X

    PENGU: Everything You Need to Know About the Pudgy Penguins Solana Token and Airdrop

    After amassing more than 50 billion social media views and placing toys on shelves in Walmart and Target stores across the country, Ethereum NFT project Pudgy Penguins has launched a token.  News of the planned token launch sent the Pudgy Penguins floor price skyward, breaching $100,000 and becoming the second largest profile picture (PFP) project in all of NFTs.  “A founder’s job in crypto is to maximize for optimal excitement,” said Pudgy Penguins IP owner Luca Netz in a video interview with c...

    NewsMarkets
    7 min read
    Andrew Hayward, Logan Hitchcock
  • Image: Anchorage Digital

    Anchorage Digital Nabs BitLicense to Offer Crypto Trading to New York Institutions

    Anchorage Digital has secured a BitLicense in New York, enabling the company to serve institutions in the world's financial capital. "Secure and cost-efficient trading" is set to be on offer from early next year, it said in an announcement on Monday. Companies have said that acquiring a BitLicense is both time consuming and expensive, with just a handful of firms getting the green light from regulators. New York residents and businesses that wish to buy and sell crypto can only transact with pla...

    NewsCoins
    3 min read
    Connor Sephton
  • Source: Shutterstock

    Austrian Police Uncover $1.2 Million 'Rip-Deal 2.0' Crypto Fraud

    Detectives in Vienna, Austria have disrupted a $1.26 million (€1.2 million) crypto fraud operation they’re calling “Rip-Deal 2.0.” A 39-year-old suspect with a long series of past convictions was arrested in Milan, Italy, earlier this year with help from Europol, according to English-language local news outlet The International. In October, a regional court sentenced the person to three years in prison. The suspect reportedly engaged in a new variation of the Rip-Deal scam, which traditionally u...

    NewsLaw and Order
    4 min read
    Adrian Zmudzinski
  • A still from the Pixel Dungeons trailer. Image: Pixels

    Ethereum Game ‘Pixels’ Spawns Play-to-Earn Dungeon Crawler on Ronin

    The team behind popular Ethereum farming game Pixels announced Monday that it will publish a new spinoff game called Pixel Dungeons, which serves up dungeon-based combat and lets players earn the same familiar PIXEL token. The new game, developed in partnership with Crack and Stack, introduces a fast-paced competitive setting where players navigate dangerous dungeons, collect crypto rewards, and battle opponents. Players have two minutes to mine PIXEL tokens, use TNT to defeat goblins, and avoid...

    NewsGaming
    2 min read
    Andrew Hayward
  • Neiro, the dog, apparently unbothered by all the meme coin drama. Image: Kabosumama on Twitter

    Doge Meme Pup Owner's IP Move Could Decide 'Official' Neiro Coin

    The months-long meme coin drama concerning the rightful heir to the Doge throne may have finally gotten an official jury.  On Monday, the team behind Own the Doge, a DAO dedicated to preserving the legacy of the original Doge meme and its creators—the late Shiba Inu Kabosu and her owner, Japanese kindergarten teacher Atsuko Sato—announced it has been granted IP rights from Sato herself to the likeness of Neiro, her newest dog.  If that’s a mouthful, let’s break it down: A few months after Kabosu...

    NewsCoins
    3 min read
    Sander Lutz
  • Source: Shutterstock

    Bitcoin Jumps to Record Price as Ethereum Hits 3-Year High

    Traders betting against price gains for Bitcoin and Ethereum are licking their wounds Monday, with short liquidations piling up as BTC mines record territory and ETH hits a peak not seen since 2021. Bitcoin peaked at a new all-time high price of $107,822 on Monday around 1:30pm ET, per data from CoinGecko, with the price of the leading cryptocurrency continuing to nudge higher today after breaking the previous record on Sunday. A record price of just under $104,000 had been set in early December...

    NewsMarkets
    2 min read
    Andrew Hayward
  • Source: Shutterstock

    How a Scammer Stole $300,000 Worth of Crypto by Impersonating Uber Drivers

    A man pretending to be an Uber driver was arrested after allegedly stealing $300,000 worth of cryptocurrency from two passengers in Scottsdale, Arizona. The Scottsdale Police Department claims that Nuruhussein Hussein onboarded the passengers in front of a local hotel by posing as the Uber they had ordered. He even went so far as to address them by name, according to a recent Fox10 Phoenix report. The report does not explain how Hussein knew the passengers’ names or that they had ordered Uber ri...

    NewsLaw and Order
    3 min read
    Adrian Zmudzinski

  • What Is Abstract? The Consumer Crypto Blockchain From the Creators of Pudgy Penguins

    Only a handful of Web3 brands have managed to reach as many mainstream consumers as NFT collection Pudgy Penguins. That’s why Igloo Inc., the parent company of Pudgy Penguins, is confident it can replicate its playbook with its new blockchain Abstract, an Ethereum layer-2 chain that aims to be the leading blockchain for consumer crypto products and applications. In this article, we’ll explore Abstract’s concept of “consumer crypto,” and how and what it is building to bring the next billion users...

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