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Day: October 13, 2022

Ether (ETH) Daily Token Issuance Dips By 97% After Ethereum’s PoS Upgrade

cryptocurrency October 13, 2022

Advertisements Summary: The rate at which Ethereum’s network churns out new Ether tokens on a daily basis has dropped by a staggering 97% following the proof-of-stake upgrade in September. Per Delphi Digital’s analysis, net daily emissions have dropped from over 12,000 tokens before the Merge to under 4,000 ETH post-merge. The pattern marks a milestone […]

Ethereum’s post-merge report might get you excited for Q4

cryptocurrency October 13, 2022

The transition of the Ethereum [ETH] network into a proof-of-stake led to the supply of the network’s Ether [ETH] witnessing a significant drop, data from Santiment revealed.  Advertisements According to data from the blockchain analytics platform, the percentage of ETH’s total supply that has been sent to exchanges stood at 14.52% at press time. Since the […]

Offchain Labs acquires Ethereum core dev team Prysmatic Labs

cryptocurrency October 13, 2022

Advertisements Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations. One of the core development teams behind the Ethereum (ETH) Merge, Prysmatic Labs, has been acquired by Offchain Labs, the developer of Ethereum layer-2 network Arbitrum.  Announced in an […]

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