Category «Ethereum news»

Ethereum Whales Have Diamond Hands, Santiment Data Shows

www.cryptoglobe.com May 19 2021 00:26, UTC Data from cryptocurrency analytics firm Santiment shows that Ethereum whales – wallets or clusters of wallets with over 10,000 ETH – have “not budged” during the recent market sell-off that saw ETH’s value drop by over 25% from its all-time high. According to Santiment, Ethereum whales with over $34.3 …

Only 1% of Ethereum Addresses Are Currently Using DeFi: ConsenSys Report

bitcoinexchangeguide.com May 18 2021 19:38, UTC As of April 1st, 2021, there were 146 million unique Ethereum addresses, 16 million more since the beginning of the year. However, only 1% of these addresses are using decentralized finance (DeFi). By the end of quarter first, 1.75 million unique addresses had used at least one DeFi protocol, …

Ethereum to Reduce Energy Consumption by 99.95 Percent: Research

u.today May 18 2021 18:35, UTC With blockchain carbon emissions becoming a hot-button issue in the wake of the Tesla imbroglio, Ethereum Foundation researcher Carl Beekhuizen has published a new blog post. In it, he estimates that Ethereum would be able to reduce its energy consumption by 99.95 percent after transitioning to proof of stake (PoS). Beekhuizen claims …

Ethereum Staking Will Drop Power Consumption by 99% | Crypto Briefing

cryptobriefing.com May 18 2021 17:38, UTC Ethereum will reduce its energy consumption by 99.95% following its transition to proof-of-stake, according to a new blog post from Carl Beekhuizen of the Ethereum Foundation. How Much Less Energy Will ETH Use? Beekhuizen estimated there are 87,000 at-home stakers using about 100W of energy for a total of …

Ethereum Whales Refuse to Sell Despite ETH’s Plunge to $3,100

cryptopotato.com May 18 2021 17:10, UTC The largest Ethereum wallets have refused to dispose of substantial quantities of their holdings despite the massive turbulence that the asset experienced in the past week. At the same time, a study compiled by a researcher from the Ethereum Foundation estimated that once the network transitions from PoW to …