Solana CEO Denies Network Outages Caused by On-Chain Voting
Solana is a high-performance blockchain platform that has been gaining traction in the crypto space due to its fast transaction speeds and low fees. However, in recent weeks, the network…
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing…
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
The merge of Ethereum (ETH), which is expected to complete the transition from the current proof-of-work (PoS) consensus mechanism to a proof-of-stake (PoS) framework, has been elusive for quite some…
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, the U.S., Ethereum Researcher Justin Drake disclosed that the merge of Ethereum (ETH) might happen in August. Market insight provider Bankless pointed…
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply. Crypto…
MIT Sees Ethereum’s PoS as Game Changing Tech
Ranked sixth among the top 10 technological breakthroughs of 2022, the Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt…
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark. Moreover, staked Ether crossed the 9.5 million level to reach 9,599,919 ETH. Ethereum 2.0,…
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs. Market insight provider IntoTheBlock explained: “Ethereum adoption is not only about…
Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users
With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content. …