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Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...
Ethereum Merge Hopes Now Moved to August
20.5.2022
There is a chance that the much-anticipated Ethereum (ETH) Merge could happen already this August, according to Ethereum core developer Preston Van Loon. He also suggested that effort is being made to complete The Merge before the next difficulty bomb goes off.
Asked a variation of the ‘when...
Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’
20.5.2022
Core Ethereum developer Preston Van Loon says that the network's long-awaited transition to proof-of-stake will most likely happen this August
Ethereum's Ropsten Testnet to 'Merge' Next Month in Preparation for Proof-of-Stake
19.5.2022
Ethereum (ETH)'s Ropsten public testnet, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo "the Merge" on June 8 in preparation for the main Ethereum blockchain to switch to proof-of-stake (PoS) consensus.
Ethereum DevOps engineer Parathi...
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus
18.5.2022
Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This...
FTX CEO sees no future in Bitcoin payments, community fires back
16.5.2022
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times
FTX's Bankman-Fried Accused of Misleading Public Over Bitcoin as FT Picks His Words 'Selectively'
16.5.2022
Sam Bankman-Fried, CEO and founder of major crypto exchange FTX, and investor in Solana (SOL), was accused of misleading the public as he omitted important facts while bashing Bitcoin (BTC). The CEO claims that his quotes were chosen "very selectively" by a mainstream media outlet, known...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
6.5.2022
Ether could continue dropping against the U.S. dollar in a high interest-rate environment
Major Bitcoin & Crypto Companies Warn of 'Extreme' Risk in Proof-of-Stake Systems
3.5.2022
The risk of corporate capture is extreme in proof-of-stake (PoS) systems as PoS transforms novel financial systems into pure plutocracies, dozens of US-based high-profile companies warned in a letter to the US Environmental Protection Agency....
Read More: Major Bitcoin & Crypto Companies Warn...
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
Go green or go home? What the NY State mining moratorium could mean for crypto industry
1.5.2022
The “anti-technology” bill could accelerate mining operators' switch to renewable energy, experts say
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
1.5.2022
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change...
World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake
29.4.2022
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their...
Eth2 deposit contract now holds 10% of the circulating ETH supply
29.4.2022
The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year
New York State Assembly passes ban on new BTC mines that don't use green power
27.4.2022
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul
Sustainable energy usage for BTC mining grows nearly 60% in a year
26.4.2022
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain
Ripple’s Exec Campaign Has ‘Zero Chance’ of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks
24.4.2022
It has almost become a populist truism that Bitcoin (BTC) is bad for the environment. By using proof-of-work (PoW) as its consensus mechanism, its entire network consumes a prodigious amount of energy, which at the moment is reportedly higher than the annual energy consumption in some...
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
23.4.2022
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer...