There was a really big scare for ethereum - Dr Boyce Watkins

Ethereum had a rough month and there is more happening in the world of crypto right now.

According to CNBC:

Ethereum dropped 13% in September, the second-worst month for the cryptocurrency in the past year.
The ethereum blockchain has suffered a series of setbacks of late, including an unexpected split because of a bug.
“This is a reminder that blockchains in general and ethereum specifically are new and disruptive technologies,” said Matt Hougan, chief investment officer at Bitwise Asset Management.

According to http://Ethereum.org:

Ethereum 101
Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down.

It's the world's programmable blockchain.

Ethereum builds on Bitcoin's innovation, with some big differences.

Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also use it for lots of different digital assets – even Bitcoin!

This also means Ethereum is for more than payments. It's a marketplace of financial services, games and apps that can't steal your data or censor you.