EOS Is 'Ethereum On Steroids?' Vitalik Buterin Serves Sarcasm On Twitter

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin recalled an old joke about cryptocurrency project EOS (CRYPTO: EOS) on Twitter Inc (NYSE: TWTR). What Happened: “EOS is Ethereum on Steriods,” joked Buterin, in response to what was presumably more sarcasm from Ethereum developer Josh Stark who asked what EOS was.

Timeline of Eos, Ethereum

A new report from Morgan Stanley has revealed that if Ethereum switches to a proof-of-stake (PoS) consensus as planned, it will do away with the need for miners, reducing the demand for graphics processing units (GPUs), and significantly lower energy needs. Ethereum Miners Could Find Alternatives, Says Morgan Stanley GPU usage may decrease if Ethereum

The hacked XCarnival protocol was recently hacked after an attacker used a flaw in the smart contracts which showed released NFT as available for collateral to be used for borrowing as we reproted in our latest cryptocurrency news. the hacked XCarnival platform described itself as a metaverse Asset Bank and lost over 3087 ETH to

According to a Morgan Stanley analyst, demand for GPUs should reduce with Ethereum transitioning into a proof-of-stake network. The crypto drawdown has further reduced the profitability of Ethereum mining.

Past trend of the Ethereum value captured per byte metric suggests that a 50% drawdown from here is still possible for ETH. Ethereum Value Captured Per Byte Currently Stands At $0.30, Double The Previous Bear Bottoms As per the latest data released by Glassnode, ETH may still possibly have potential for a further 50% plummet

Although there are many liquidations and layoffs in the cryptocurrency industry, Ethereum developers are working toward the Merge, the blockchain network's planned transition to a [...]

What happened: On Sunday a total of 2,763.31 Ether (CRYPTO: ETH) worth $3,291,097, based on the current value of Ethereum at time of publication ($1,191.00), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Morgan Stanley expects the demand for graphics processing units (GPUs) to decline later this year. This could happen once the Ethereum blockchains planned switch to a proof-of-stake (PoS) model is completed.

Ethereum lending platform XCarnival confirmed a bad actor stole $3.8 million or 3,087 ETH. According to a report from on-chain security firm Peck Shield, a hacker exploited a vulnerability on the protocol's smart contract by borrowing ETH and creating “multiple pledge orders to pledge BAYC (Bored Ape Yacht Club NFTs) many times”.

Ethereum [ETH] has had a difficult journey in 2022. The altcoin saw a peak drawdown of -79.5% from its ATH, placing its most sell-off within the upper bound of previous bear market floors.

As Logarithmic Finance (LOG) has been introduced to the cryptocurrency market, it has become the new talking point alongside Ethereum (ETH). Logarithmic Finance (LOG) is the new layer-3 switching protocol that aims to link investors and developers smoothly and efficiently