Ethereum devs dismiss issues following Bellatrix upgrade success
On Tuesday, the Bellatrix upgrade that was prepping Ethereum for the Merge was successfully finished. However, concerns were raised over an almost one in ten missed block rate across the last 600 slots. Prior to the impending Merge, which is slated for sometime next week, the Bellatrix upgrade on the Beacon Chain updated Ethereum consensus […]
Merge: Defi Giant Aave Halts Loaning Ether
The Aave community is worried that more users will borrow ether before the Merge, which could cause liquidity problems for the protocol and make the staked ether market on Lido more volatile. Aave, a large decentralized lending platform, has put in place new rules to protect itself from a number of risks that could come […]
GMX Tokens Serve as Proxy for Ethereum Layer 2 Solution
Even though market sentiment is still low as a whole, GMX tokens have almost doubled in the last two weeks. This week, traders betting on the growth of Arbitrum, a popular Ethereum layer-2 scaling solution, drove the price of tokens for the decentralized exchange (DEX) GMX to a record high. With its on-chain trading interface, […]
Ethereum Merge Final Countdown Has Officially Started
When the Bellatrix upgrade on Ethereum Merge is turned on, the Merge process starts. The Merge is likely to be finished between Sept. 13 and 16. Ethereum is getting better. The most popular blockchain platform in the world is about to go through a big change that will make it greener and make it easier […]
Ethereum’s price may move after the merge: Here’s how
Due to the decrease in ETH supply and the EIP 1559 burning mechanism, the price of Ethereum (ETH) is expected to be deflationary after the Merge. After the Merge, more Ethereum (ETH) will be issued only if more validators join the pool, according to data from Glassnode. In this sense, validators will have a significant […]