This week was merge week. Ethereum carried out the long-awaited upgrade to Proof-of-Stake without a hitch. However, there was no unexpected influx of funds either. On Thursday, the day of the merge, the price of Ethereum plunged 8% to below $1,500. Ethereum's hash rate was consistent despite negative predictions a day
Tag: ethereum 2.0
Crypto Update: The Ethereum Merge is done!
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 Triple Halving and What It Means?
As the cryptocurrency market slowly regains its Market Capitalisation, Tim Beiko caused Ethereum’s price to soar after denoting that Ethereum Merge will most probably be released next month. The Ethereum Merge event is highly anticipated, with one of the key events being Ethereum’s shift from Proof of Work to Proof of
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
Second Largest Cryptocurrency Value Staked in Ethereum 2.0 Deposit Contract Nears $4.1 Billion
Ethereum’s ether cryptocurrency value staked is now nearing $4.1 billion, thanks to the recent GME trading drama that accelerated the adoption of cryptocurrencies. A news post on utoday stated that Ethereum’s cryptocurrency value staked in the Ethereum 2.0 deposit contract is nearing $4.1 billion. Investors were quite surprised to notice that