The Ethereum community is publishing a quick application to maintain an advanced security for its Smart contract. So the team connects with ImmuneBytes, one of the leading security consulting companies to upgrade the standards providing credible security auditing solutions! Over recent years, Ethereum network is observing a wide range of
A tragic storm of wild crashes, insolvency crises, scams, lawsuits, and regulatory threats has had a baneful effect on the entire crypto and DeFi space since early 2022. These events shook the crypto community with terror. Sadly, there is no reset button or a forgetfulness potion to wipe those off
Following the Merge, there will be no discernible increase in transaction speed. The Merge will render energy-intensive mining obsolete. In a statement published on Wednesday, the Ethereum Foundation made it clear that the planned proof-of-stake transitional update to the network, known as the “Merge,” would not result in lower gas
Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable
Ethereum’s much-awaited ‘merge’ is set for around mid-September. In the upcoming days, the ETH price may experience severe short-term volatility. The most widely used blockchain platform, Ethereum, is currently going through a significant transformation. Ethereum’s much-awaited ‘merge’ is set for around mid-September, and will shift from PoW (proof-of-work) to PoS
JP Morgan estimates Coinbase to generate an annual staking revenue of $650M. Coinbase will pause new ETH deposits and withdrawals during the Merge. The Merge, Ethereum’s transition from PoW to PoS, is just around the corner. Thus, the whole DeFi space is gearing up for this upgrade that is scheduled
Currently, over two million users registered for name and lookup services. There have been 2,008,833 ENS names. A new record was made by the Ethereum Name Service. Over two million people have registered for name and lookup services. 2m ENS names created!! 🎉 it took 5 years to get to
Ethereum’s “Merge” update will not reduce the gas fees. The team is fixing all the misconceptions arising on the upcoming upgrade. Merge’s PoS consensus will have superior blockchain security mechanisms. The Ethereum community is set to release an update called, “Merge”, on its network. While it is in its final
Vitalik Buterin is not an unfamiliar name in the global crypto scenario. He is one of the masters behind the open-source blockchain technology, Ethereum. The massive adoption of the platform’s native cryptocurrency, ETH, created the name ‘Vitalik’ popular in the crypto world. Currently, Ethereum (ETH) is the most prominent coin
Ethereum 2.0’s resource efficiency may be improved with the addition of sharding. Proof-of-work systems are notoriously inefficient, and this is intentional. The Bitcoin blockchain, the so-called master of all cryptocurrencies, is showing its age. The inability to scale is only one of several problems it has in the actual world.
