Ethereum 2.0 – Update that will make Ethereum deflationary begins to be implemented
The Ethereum platform is about to receive a very important update, but developers need to ensure that everything is working as planned. The update known as London was activated in the test network (Ropsten) on Thursday (24), at block 10499401. London can be considered one of the blockchain industry’s most anticipated updates this year, and […]
What is DeFi (decentralized finance)?
Decentralized finance, or DeFi for short, is a new wave of financial applications built on Ethereum that are designed to offer users a more decentralized and open alternative to traditional financial products and services. DeFi apps range from protocols that enable the lending and borrowing of digital assets, to platforms that facilitate the creation and […]
Israel tests national digital currency based on Ethereum
The Bank of Israel is testing a national digital currency based on Ethereum, according to a report by Bloomberg. This is part of a larger trend of central banks exploring the use of blockchain technology for issuing digital currencies. The People’s Bank of China is also reportedly working on a similar project. The Israeli central […]
Ethereum, the second most valuable cryptocurrency in the world, loses 50% of its value in a few days
Vitalik Buterin, co-creator of Ethereum (second most valuable cryptocurrency), lost $400 million in a few days. This was due to the drastic fall that the currency has had in recent weeks. In five weeks the cryptocurrency went from record profit to one of the biggest losses. Not only the Ether (ETH) had casualties, but so […]