Ethereum Updates

ETCs hash rate has reached an all-time high of 64 Terra Hashes.  The surging hash rate indicates an increased mining activity on the ETC network Ethereum Classic’s hashrate has breached past its usual metrics, ascending to new highs of 64 TH/s.  Ethereum Classic’s Online Activity Is Surging Ahead Of The Upcoming Merge Upgrade  Ethereum Classic’s

Traders are shorting ETH as The Merge is set to arrive in a few days. These traders could simply be hedging risk. Meanwhile, the Ethereum PoW token ETHW is receiving a lot of attention as an airdrop is imminent. Ethereum’s Merge is seeing heavy activity in the market, with many traders shorting ETH. Among the

Summary: The plan to fork Ethereum’s proof-of-work network now has a timeline. EthereumPoW, the team behind the initiative, said the ETHW Mainnet would go live 24 hours after the merge. Full node data and configurations would be released shortly as well. The community announced the news as Ethereum’s proof-of-stake transition is hours away. Ethereum proof-of-work

Summary: Opera Crypto Browser now supports third-party wallets. Integration for Ethereum wallet Metamask among others was announced this week. The move could be strategic as Ethereum’s switch to proof-of-stake is expected to ship before September 20. Adding support for wallets like Metamask could Opera Browser’s utility and tap into the hype surrounding the merge.  Opera

Summary: USDT issuer Tether supports Ethereum’s upcoming proof-of-stake transition. Tether stressed only ETH PoS would receive backing. Support for hard-forked proof-of-work Ethereum chains seems unlikely at press time. The top two stablecoins have declared full support for the Merge. Other protocols like Chainlink and exchanges like Coinbase have announced similar decisions. Tether, the digital asset

Summary: CME Group expands its Ether-based offerings days before Ethereum’s proof-of-stake transition. The Merge is expected to arrive this week between September 13-15. The latest product brings options on ETH futures to investors. CME announced the offering in August, per EWN’s report on the matter. Ether options trading volume hit an eight-month high back in

Ethereum co-founder Vitalik Buterin paid a surprise visit to Ukraine by attending a tech summit in Kyiv. The visit was made to extend support to Ukrainians, who are currently battling an intense war situation with Russia The Ethereum Co-founder Vitalik Buterin surprised his followers and fans earlier by attending a tech summit event in Kyiv,

The thirteenth Ethereum shadow fork upgrade has been finally deployed on the mainnet  A shadow fork is simply a test fork run by the devs to check whether the network is equipped to handle the network alterations that the final upgrade will essentially be deploying on the network Nethermind, Ethereum-based research, and development company has

Summary: Ethereum’s native token ETH could move closer to a deflationary state thanks to the Merge. The switch to proof-of-stake ETH issuance for network rewards by around 90%. This further bolsters Ethereum’s burn mechanism which went live in 2021 Ethereum’s PoS transition is expected to happen between September 13-15 with an upgrade dubbed Paris. The

With more than 3,000 dapps built on its blockchain, Ethereum represents one of the most popular networks for developers to create applications and for end users to access the DeFi ecosystem. As more and more projects use Ethereum, the demand for Solidity developers and other Ethereum jobs grows. By analyzing Crypto Jobs List data on

The U.K.’s ETC Group will offer an ETP based on the Ethereum Pow hard fork after The Merge. All holders of the current Ethereum ETP will receive units of the new one on a 1:1 basis. Some exchanges have also said that it would support the asset of the forked chain. Ethereum Proof-of-Work hard fork,

Summary: Decentralized exchange Uniswap declared full support for the Merge. The dex does not have plans to support any Ethereum proof-of-work hard forks at press time. Uniswap’s decision was revealed on Wednesday, a day after the Bellatrix update went live. The platform expects smooth operations during the Merge transition. Ethereum’s proof-of-stake switch is expected to

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

Despite encountering a few unforeseen obstacles during its deployment, Bellatrix is now live on Ethereum  The Ethereum devs noted a big spike in missed block rate, which according to the devs, will be automatically debugged before the merge  On September 6, one of the highly anticipated upgrades of the year, Bellatrix went live on the

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

Switzerland’s SEBA Bank has launched an Ethereum staking service for institutional clients. The bank is fully regulated and says clients have been asking for staking services. Ethereum staking and the number of validators have also hit all-time highs. Switzerland’s SEBA Bank has launched a staking service for institutional clients, just as Ethereum’s Merge is set