#Ethereum Ethereum Whale Alert: 80,177 ETH transferred to Kraken Published 1 month ago on December 8, 2018 By Layla Harding Share Tweet The downfall of Ethereum is believed to be because of the massive selling by projects that accepted ETH during their ICO. According to reports, Initial Coin Offerings have lost almost half of their investments due to the sharp decline in the price of Ethereum this year. While Ether was trading above $800 in the first half of the year, it crashed down to $200 and now even below $100 in the second half. The sudden crash of price has led to the Ethereum investors and projects that had an Initial Coin Offering against Ethereum to panic sell their holdings in order to protect themselves from further losses. Large Ethereum whales have been transferring their holdings onto exchanges in order to sell. Just a few hours ago, more than 80,000 ETH were transferred to Kraken Exchange in two transactions which may be the holdings of an Initial Coin Offering that is wanting to sell for avoiding losses as the price is expected to fall even further up to $60 according to market analysts. Here are the transaction details of the transfers: Transaction 1: 34,999 ETH https://etherscan.io/tx/0x07df20edc1731e0be8be451b1485bc0250e7d4256336b77fef93f3aa3ca3bed7 Transaction 2: 45,178 ETH https://etherscan.io/tx/0xb392a258994bb11d58d90e72b32fc6d786bcf2da75203750cc083d598adee635 This article is not any financial advice. Readers are advised to do their own research and analysis before investing or trading in any digital assets or cryptocurrencies. Related Topics:BlockchaincryptocurrencydaytradingethETH analysiseth exchangeETH exchange rateeth forecasteth futureETH predictionETH priceeth price analysisETH TO USDETH TRADEETH TRADINGETH USD ChartETH/USDEthereumEthereum AnalysisEthereum Blockchainethereum chartETHEREUM FORECASTETHEREUM FUTUREETHEREUM PREDICTIONethereum priceethereum price 2018Ethereum Price analysisethereum price todayethereum to bitcoinethereum to BTCethereum to dollarethereum to usdethereum tradeethereum tradingEthereum whaleethereum whalesETHUSDwhale alert Up Next Bitcoin ETF: Reasons why VanEck Bitcoin ETF can be approved soon Don't Miss Peter Mallouk: Bitcoin is falling to ZERO Continue Reading You may like Ethereum hard fork vulnerability: Constantinople delayed yet again. 2019 Cryptocurrency Prediction: What could one expect from bitcoin? Are Cryptos and Government like Water and Oil? Bakkt Exchange Updates: Acquires Certain Assets, Launch Delayed Pablo Escobar’s Brother: Roberto Escobar launches Escobar Stablecoin ICO Top 10 Cryptocurrencies according to Market Capitalization 4 Comments 4 Comments Pingback: Ethereum Whale Alert: 80177 ETH transferred to Kraken – BTC.com.ph News Pingback: Ethereum Whale Alert: 80177 ETH transferred to Kraken – BitcoinGuide.com News Pingback: Ethereum Whale Alert: 80177 ETH transferred to Kraken – BitcoinInfo.com News Pingback: Ethereum Whale Alert: 80,177 ETH transferred to Kraken - Coinnounce - BusinessTelegraph Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Ethereum Ethereum hard fork vulnerability: Constantinople delayed yet again. Published 3 hours ago on January 16, 2019 By Layla Harding Ethereum’s Constantinople hard fork after ChainSecurity, a smart contract auditing firm has found a major vulnerability in one of the objectives of the upgrade. ChainSecurity said yesterday that EIP 1283, which was one of the planned changes is vulnerable to attacks as it can provide hackers a loophole in the smart contract code to take over the user’s funds. As a result, the ethereum developers, the client developers as well as all other projects have agreed to delay the Constantinople hard fork for the time being till the issue is evaluated and resolved. The next date for the Constantinople hard fork shall be decided on 18th of January during the Ethereum dev call which would include people such as Vitalik Buterin, Nick Johnson, Hudson Jameson, Evan Van Ness, Afri Schoedon and others. The ethereum developers have decided to delay the Constantinople hard fork for now as according to them the issue might take longer to be resolved. The Constantinople hard fork was earlier planned to be executed on 17th January at around 04:00 UTC. Constantinople Vulnerability: According to Joanes Espanol, the CTO of Amberdata, the vulnerability found in the EIP 1283 is known as Reentrancy Attack. The following attack allows the hacker or attacker to reenter the identical function multiple times in the absence of the user knowing about the state of affairs. Under the Reentrancy attack, the hacker or the attack could withdraw the user’s funds forever. According to ChainSecurity, the storage operations on the ethereum network is currently costing 5000 gas which exceeds the 2300 gas which is sent while calling a contract using ‘send’ or ‘transfer’ function. After Constantinople is implemented dirty storage operations will start to cost 200 gas and the attacker contract can then use 2300 gas stipend to control the endangered contract’s variable. This is the second time that the Ethereum hard fork Constantinople is being delayed. Previously, it was scheduled to be launched last year but was delayed due to issues with the Ropsten testnet. Continue Reading #Ethereum Ethereum is centralized: 2 mining pools control more than 50% hashrate Published 1 week ago on January 7, 2019 By Layla Harding Ethereum, the 2nd top cryptocurrency by market capitalization is turning centralized with just two of the Ethereum mining pools: Ethermine and SparkPool controlling more than 52% of the total network hashrate. Source: BTC.com: Ethereum Pool’s Distribution Ethermine controls around 28% of the total network hash rate while SparkPool controls more than 24% of the total hash rate. Apart from these NanoPool, F2Pool and MiningPoolHub control around 13.5%, 11% and 6% of the network hash rate simultaneously. Apart from the major mining pools just around 17% of the Ethereum network hash rate is controlled by others. Bitcoin is way more decentralized In comparison to Bitcoin Cash and Ethereum as the top two mining pools of bitcoin: BTC.com and Antpool control just around 29% of the total network hashrate. Continue Reading #Ethereum Ethereum Hard Fork: Constantinople Explained, Beware of Scams. Published 1 week ago on January 6, 2019 By Layla Harding Ethereum is having the Constantinople hard fork on 16th January and the first thing to note is that it is a hard fork so there will be a new Ethereum blockchain but its really important to point out that this is not a contentious fork. When we earlier had the Ethereum classic and Ethereum split, there was a serious disagreement on different concepts and we had two camps who went their own separate ways over that conflict. Constantinople: A Non-Contentious Fork Now with the current Ethereum hard fork, it’s not contentious, the assumptions are that the miners will be switching to the new chain, all of the current smart contracts on the current Ethereum blockchain will be replicated on the new chain. This is really about an upgrade to the Ethereum blockchain overall and not some kind of split between the community. Due to the upgrades to the Ethereum blockchain being so significant, this is why they require a hard fork. There are some major changes that are going to take place and because of that, they need to do a hard fork. Whenever there is a hard fork, there can be a new coin created but Constantinople is an upgrade so a split is not a very probable outcome. Now there is the potential that at the 11th hour, some big mining pool could decide that they don’t like them and they want to go to their own separate direction and make a new coin. That’s possible but most likely there will be no new coins produced. Currently, Ethereum is in an absolute critical transition phase. The transition phase is either going to make or break Ethereum in the long term. That is, of course, the move from Proof of Work to Proof of Stake. The Constantinople upgrade is a part of that upgrade. If Ethereum wants to stay the preeminent leader in the Dapp world they have to scale. We do have the layer 2 scaling solutions but the new upgrade is going to make Ethereum cheaper and faster and at the same time it will be decreasing the reward for mining down from three Ethereum a block to two Ethereum a block. What will happen to your ERC20 tokens during the Constantinople upgrade? ERC20 tokens are a form of smart contracts running on the Ethereum blockchain. So they will migrate to the new chain with everything else. So there is absolutely no need to do anything. In fact, the new Ethereum improvements are going to make your ERC20 and ERC721 tokens require less gas. Constantinople is helping to Optimize State Channels: Another important part of the Constantinople upgrade will be helping to optimize state channels. So we could actually really see the second layer solutions taking off in a big way. The hard fork is going to help make that process even easier. ASIC Resistance: Not included in Constantinople An important thing to know that is not being included in the Constantinople hard fork even though it is being discussed at the moment is ASIC Resistance. There has been a proposal put forward to make progressive proof of work that would eventually block Asics, which are giant mining boxes or specific computers for mining cryptocurrencies. Previously, Ethereum was only mineable using a graphics card but Asics have changed the game and substantially a lot of home miners or smaller miners are very upset about these changes and do want to see the ASIC Resistance brought in but this is not going to be happening during the current hard fork. If you are an Ethereum Miner: If you are an Ethereum miner are you are mining via a pool, the pool operators will be updating the software, so again you don’t need to do anything. Beware of Scams! Kindly beware of scams. There is already something going around called the Ethereum Nova which is basically fishing for people’s private keys and stealing money. Just remember that you don’t have to do anything specific for the Constantinople hard fork. Don’t put your private keys anywhere, there’s not going to be any free airdrop or any free tokens. These sites that you see claiming to be alternate forks are going to be nothing but scammers. So you really don’t need to do anything except to avoid giving these people your private keys so they can steal your money. Be careful! What if your Ethereum or tokens are on an exchange: Although you should never be storing your cryptocurrencies on an exchange as an exchange is not a safe deposit box, it is a marketplace. But if you are running trades, you can actually leave your cryptocurrencies on the exchange and they are going to be fine as all major exchanges have already come out saying that they are supporting the hard fork and they will be running the upgrade so again you don’t need to do anything. What are your thoughts on the Constantinople hard fork? Tell us in the comments section below. 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