Ethereum received a record price $ 519.85

Today Ethereum the first time exceeded the bar in $ 500
29 November 2017   2167

Ethereum is the second cryptocurrency by the capitalization. As of 13:15 UTC, the weighted average rate of ETH, according to Coinmarketcap, was $ 519.85. Over the past day, the price of this cryptocurrency has grown by 10.17%, and over the last seven days this figure was 42.01%.

Ethereum's capitalization is also close to historical significance. At the moment it is estimated at $ 49.9 billion. Earlier today, the $ 11,000 mark exceeded the weighted average bitcoin rate, and also set new price records for Monero, Litecoin and Dash. The aggregate capitalization of the market for this hour is estimated at $ 338.9 billion, of which 54.9% account for bitcoin.

Ethereum is a platform for creating decentralized online-services based on the blockchain, working on the basis of smart contracts. Implemented as a single decentralized virtual machine.

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   55

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.