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End-of-Week Ethereum: Merge News Fails to Hold Price Up, Traders Discuss Merge-Related Sell-Off, Binance Joins Exchanges Preparing for Possible Fork
26.8.2022
The price of Ethereum’s native token ETH fell over the past 24 hours, while developers identified several bugs and traders started fearing the Merge could become a ‘sell the news’-type of event.
On Friday at 09:10 UTC, ETH was down by 2.8% for the past 24 hours to a price of USD 1,661. The drop...
Ethereum dev addresses node centralization concerns in runup to the Merge
26.8.2022
A majority of 4,653 active Ethereum nodes are being run through centralized web providers like Amazon Web Services, which experts believe could become a central point of failure
ATOM price is reaching for the Cosmos, but why?
25.8.2022
Like all altcoins, ATOM price fell as $550 million of BTC, ETH and altcoin positions were liquidated last week. Which is exactly why its 35% rebound is raising eyebrows
Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline
25.8.2022
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days,...
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
25.8.2022
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial...
ETH whales move holdings onto exchanges before Merge
25.8.2022
The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months
ETH is Best Top 10 Performer as First Stage of Merge Confirmed; It's 'Obviously a Very Tradable Event'
25.8.2022
The price of Ethereum’s native ETH token rallied on Thursday after the Ethereum Foundation on Wednesday announced that the Bellatrix upgrade – a key step that must be completed before the Merge – is scheduled for September 6.
As of Thursday at 09:30 UTC, ETH stood at 1,707. The token is up 4.2%...
Coinbase introduces wrapped staked ETH asset ahead of the Merge
24.8.2022
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” said the crypto exchange
Bug bounty quadruples for Ethereum network — up to $1M payouts ahead of Merge
24.8.2022
According to the Ethereum Foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million
Ghana Central Bank Announces Launch of Regulatory Sandbox
24.8.2022
Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said....
Ethereum Proof-of-Work Forks: Gift or Grift?
24.8.2022
Ethereum will soon transition to a more energy-efficient system for processing transactions, but prominent crypto personalities are hell-bent on keeping the energy-hungry version of the chain alive. Why?
Japan’s bitFlyer Will ‘Pay Close Attention’ to Any Ethereum Proof-of-Work Hard Fork
24.8.2022
The Japanese crypto exchange bitFlyer has said it will “pay close attention” to any hard forks that may happen as a result of Ethereum’s (ETH) transition from proof-of-work (PoW) to proof-of-stake (PoS), and that forked tokens that continue to rely on PoW could be supported.
Writing in a blog post...
What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake
23.8.2022
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal....
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane
23.8.2022
Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research
DeFi Platforms See Broad Weekly TVL Decline, One Protocol Stands Out
22.8.2022
Major decentralized finance (DeFi) platforms have seen a broad decline in the total value locked (TVL) over the past week, with only one top 10 protocol seeing growth. The fall in TVL came as prices of popular smart contract tokens like ethereum (ETH), solana (SOL), and BNB also fell...
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
22.8.2022
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted...
Cryptopunks and BAYC Floor Values Go Head-to-Head, as the Punks Briefly Surpass Bored Apes
22.8.2022
On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) collection briefly surpassed the Bored Ape Yacht Club (BAYC) NFT collection’s floor value. While it’s not by a huge amount, at the time, Cryptopunks floor was ​​66.45 ether, while...
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
21.8.2022
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...
Data Validation and the Problem of Standards: Why it is Difficult and How to Fix it in a Decentralized Way
19.8.2022
Fabian Riewe is the Co-founder of Web3 data lake solution KYVE.__________
Data validation has always been a key factor in analyzing and clarifying data. From financial transactions completed online to approvals across computer programs, having the correct data is key.
Conducting transactions...