Ethereum

The Ethereum Merge is one of the most anticipated events in the crypto space this year. Because of this, crypto firms are on the lookout for any hiccups that may occur as the newly upgraded Ethereum network comes to life.  In a Cointelegraph interview, Alexander Höptner, the CEO of crypto exchange BitMEX, shared how their

Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem.  Ethereum is a vast ecosystem with thousands of decentralized applications and decentralized finance protocols working

A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge.  The data found Singapore as the country most interested and by a large margin at that. Singapore scored 377, which is nearly 100 points higher than the second place nations, Switzerland and Canada, both tied at

BitMEX CEO Arthur Hayes expresses his bullish stance on crypto  In an interview with Bankless, Hayes shared how he thinks that Ethereum can easily hit the $3000 price mark by the end of this year.  In an interview with Bankless, the BitMEX CEO Arthur Hayes expressed his bullish stance on Ethereum, adding that the crypto

A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions utilized by companies like Visa and PayPal, the report demonstrates how the Ethereum network has

The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 million in retroactive funding for their role in the development of Aave Protocol V3. Voting for the proposal began on Sept. 6, and at the time of writing has already passed 667,000 votes in

On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which would require 32 Ether (ETH), only 0.001 ETH would be required under the new service introduced by Binance US. Regarding the development,

Binance.US is permitting users to stake their ETH to earn an attractive APY of 6%. The exchange had earlier launched staking services in June 2022.  One of the highly anticipated crypto events of the year, the Ethereum merge is scheduled to deploy on the Ethereum mainnet next week. In this wake, several crypto exchanges including

Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP). ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus

The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether proof-of-work tokens (ETHPoW) has been causing headaches for decentralized finance (DeFi) protocols. The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected to continue working

Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been analyzing options for mining with its GPU stash ahead of the Ethereum Merge, Hive said in its latest production update

Summary: Decentralized finance protocol Aave paused loans for Ether (ETH). Aave’s community voted in favor of the decision in light of Ethereum’s upcoming Proof-of-Stake upgrade. The protocol has recorded higher loan utilization rates leading up to the Merge. Aave’s decision came shortly before Bellatrix, the first of two stages before Ethereum’s final PoS transition, went

Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions. Hut 8 released its latest mining report for August 2022, which showed that it had increased its Bitcoin holdings by 375 BTC for the month to take its total

Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on NFT marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge.  According to OpenSea data, the weekly volume of the Ethereum domain NFTs eclipsed 2,249 ETH at the time of writing, beating

The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps). That is precisely why monitoring vital network conditions is essential for anyone willing to trade

ETCs hash rate has reached an ATH of 47/THs  The ascent has been credited to the high mining activity reported on the network ahead of the upcoming merge.  Dubbed as a parallel version of the Ethereum blockchain, the hashrate of Ethereum Classic has breached its usual metrics to reach an all-time high of 47 Terra