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Month: August 2022

cryptocurrency August 18, 2022

Advertisements The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable. The majority of 4,653 active Ethereum (ETH) nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Ethereum to central points of failure,” according to crypto analytics platform Messari. An Aug.15 […]

cryptocurrency August 18, 2022

As the Ethereum [ETH] Merge approaches, the altcoin king seems to be prepared to grab every support it can get. Again, ETH has taken it one step further by flipping Bitcoin [BTC]. Advertisements Of course, it’s not in terms of coin price or market capitalization. Arcane Research however, let the cat out of the bag. […]

cryptocurrency August 17, 2022

Advertisements Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider. The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing […]

cryptocurrency August 17, 2022

Advertisements Summary: The Ethereum Foundation released an update to debunk misinformation regarding the Merge. ETH’s switch from Proof-of-Work to Proof-of-Stake is scheduled to happen on or around September 15. Final tests and upgrades are in the works after a successful Merge on the Goerli public testnet. False statements have flooded the crypto community in the […]

cryptocurrency August 17, 2022

Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations? Advertisements Betting on you  Cryptocurrency traders’ enthusiasm seems to be turning towards the […]

cryptocurrency August 16, 2022

Ethereum has been met with strong resistance at its current levels and might potentially re-test support. The cryptocurrency still preserves some of its profit from the past weeks but has been losing momentum over today’s trading session. Advertisements At the time of writing, Ethereum trades at $1,860 with a 2% loss and 5% profit over […]

cryptocurrency August 16, 2022

Advertisements The crypto exchange also warned users against scammers offering ETH2 tokens, saying users did not need to take additional action to receive staked ETH prior to the Merge. United States-based cryptocurrency exchange Coinbase has announced it will be temporarily suspending certain token deposits and withdrawals when Ethereum’s core developers transition the blockchain to proof-of-stake, […]

cryptocurrency August 16, 2022

Advertisements Summary: Ethereum’s upgrade to a Proof-of-Stake blockchain would see some operations halt temporarily for Coinbase users. The crypto exchange said new ETH deposits and withdrawals would pause during The Merge as a precautionary measure. A similar pause for new ERC-20 token withdrawals and deposits was also announced. Coinbase Prime Institutional customers might also experience […]