Over the first four days of the Shapella hard fork, almost 1 million Ether (ETH) worth $2.1 billion was removed from Ethereum's Beacon Chain, and Ether has surpassed $2,100 for the first time in 11 months. About 87%, or 469,000 of the 540,000 active validators, can now withdraw their staked Ether.
Tag: ether
What happens to Ethereum miners after The Merge?
The upcoming Ethereum (ETH) fork has prompted much excitement in the crypto world. However, with all the hype, one might be tempted to overlook those who contributed mightily to Ethereum's success. These people are the Ethereum miners. According to a blog post by the Ethereum Foundation, the update will be
Ethereum Gets an Upgraded Scaling Testnet
Ethereum, a decentralized platform powered by blockchain technology has started implementing a series of upgrades called Ethereum 2.0 that includes a transition to proof of stake and aims to increase transactions just got bigger with the new feat it attained via zkSync. zkSync, a protocol responsible for implementing Ethereum scaling
Ethereum-based firm, ConsenSys Launches ConsenSys Rollups in partnership with Mastercard to aid other projects
ConsenSys, a leading Ethereum software firm, has announced the launch of ConsenSys Rollups, a corporate scalability solution for prominent financial institutions and others, tackling the main difficulty of scaling applications on the Quorum tech stack. The project was designed as a collaboration between ConsenSys and Mastercard's engineering team. The creativity of projects
Virginia Firm, Sequoia Holdings Gives Staff Salary Option in Bitcoin, Ether
A tech firm based in Reston, Virginia, Sequoia Holdings, has given its staff the salary option of getting paid in Bitcoin and Ether. A news post on cointelegraph stated that Sequoia Holdings, a software development firm, allows employees to get paid in Bitcoin, Ether, and Bitcoin Cash. They can decide on
