Web3 Web Service Set To Lose Its Domain Address
GoDaddy says that Web3 Web Service ran out of time on July 26 and will be up for grabs on September 5. When members of the ENS DAO community go to the Web3 Web Service website, they will see a blank page with a green banner at the top saying that the domain has expired. […]
Price of Lido Finance native token plummets
The price of LDO, the native token of Lido Finance, dropped by approximately 10% earlier today after weeks of demand for Ethereum staking services and anticipating the Merge. The native token to Lido Finance has fallen, this is the biggest financial decline among the top 100 cryptocurrencies available for purchase. But since today’s low of […]
The Merge – Binance to halt ETH and ERC-20 deposits and withdrawals
Binance has announced plans to suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens once The Merge takes place i.e when the ETH network switches to its proof-of-stake (PoS) Beacon chain. The move was revealed by the largest exchange in the world by transaction volume in an effort to maintain stability during ‘The Merge,’ […]
Ethereum developer discusses node centralization before Merge
Most of the 4,653 active Ethereum nodes are managed by centralized web service providers like Amazon Web Services, which experts worry might turn into a single point of failure. In a few weeks, Ethereum will formally switch from its current proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) mining consensus. The official Merge transfer is […]
Ethereum network quadruples Bug bounty up to $1M as the Merge approaches
The Ethereum Foundation stated it would quadruple the network’s bug bounty awards with prizes worth up to $1 million for white hat hackers ahead of the Merge upgrade. The Ethereum Foundation announced in a blog post on Wednesday that from August 24 to September 8, all “Merge-related bounties for vulnerabilities” will be tripled for white […]