Latest eth News

On August 4 at 13:00 UTC, the Ethereum Foundation developers launched the final Ethereum 2.0 testnet called Medalla.

The Retrievable Transfer function developed by Kirobo works by creating a new level on the existing blockchain protocol. When using it, users have the opportunity to "roll back" a transaction sent to the wrong wallet address, as the company says in a press release. This method is currently only available using Ledger wallets.

The crypto industry continues its rapid development, despite the global crisis. It would seem that the activity of blockchain developers should also grow, but judging by the latest Outlier Ventures report, this is not entirely true. The company's analysts studied the activity of developers of leading crypto projects and came to the conclusion that over the past 12 months it has decreased by about 20%, primarily due to coronavirus. Some projects have suffered much more than others, especially EOS and TRON. Obviously, the reason here is far from a pandemic alone.

The Grayscale Investments cryptocurrency investment fund acquired every third bitcoin mined in the last 100 days. And in April, the fund bought 50% of all ETH mined. At the same time, despite the financial crisis and the fall of the cryptocurrency market in March, shares of Grayscale crypto funds in the first quarter of 2020 attracted record investments, which indicates a growing interest of institutional investors in the crypto industry. Why does the company need so many coins, what is its current position regarding the crypto market and what role does it play on it?