Ethereum Network Fee Slash Plan Faces New Obstacle
Because of the flaw, attackers could have taken all of the ether that was put into Arbitrum Nitro. In their rush to find a way to lower transaction costs on the Ethereum blockchain, the developers of the scaling tool Arbitrum missed a change in the latest version that would have let attackers steal all funds […]
The Merge: what it means for Ethereum and other cryptos
The Merge has got to be the topic of the day in the cryptocurrency space since Ethereum took a step further to upgrade its consensus mechanism. This article explains the phenomenon and what it means for Ethereum and the crypto industry at large. After Bitcoin, Ethereum is the second-most valuable digital currency in the world […]
Merge Held Ether Futures Activity to Staking Yields
Stakers have always been and will continue to be natural sellers of Ether Futures and perpetual futures, and the amount of hedging will increase as yields from staking go up. The Ethereum Merge, which happened on Thursday, made some changes to the way the blockchain is built. These changes will make the blockchain more environmentally […]
Price of Ether Trades Flat After Successful
At block 15537391, which is just after 2:30 a.m. Ether or 5:30 a.m. GMT, the switch from Proof of Work to Proof of Stake was successfully made. The price of Ether changed by less than 1% in the first few minutes after the merge, going from $1,604 to $1,605. It stayed pretty much the same […]
Merge Bring About Strong Institutional Adoption of Ether
The report said that when demand is high, the new economic model under Merge, along with token burn, could lead to negative token emissions. Bernstein said in a research report that the Ethereum Foundation’s successful completion of the Merge early Thursday morning is likely to lead to strong institutional adoption of the blockchain’s token, ether. […]