Ethereum Watch

The movement of the ETH token seems to be like a rollercoaster that cannot decide if it wishes to go uphill or downhill. At press time, ETH  was trading at a price of $2,829 which was 3.5% down in the last 24 hours. And, ETH noted a 2.8% decline in the past seven days as […]

Advertisements Summary: Ethereum’s developers have decided not to delay the pending difficulty bomb, as the Merge of its mainnet to the Beacon chain could still happen this summer If all goes according to plan, Ethereum developers could be ready to fork testnets in 2 weeks, removing the need for a hardfork to delay the difficulty […]

Advertisements Quick take: Ethereum core developer Tim Beiko has confirmed that the Ethereum merge will not happen in June as anticipated Tim Beiko believes it will come ‘in the few months after’ June However, Ethereum developers are in the final chapter of transitioning the network from proof-of-work to proof-of-stake Approximately 11.4 million ETH has been […]

Advertisements Ethereum’s latest upgrade from a proof-of-work network to a proof-of-stake blockchain passed a key test phase The process dubbed The Merge was successfully trialed on a private mainnet staging area known as a shadow fork The event is one of two test stages before the upgrade ships to the public mainnet While desired results […]

Advertisements 8.56% of the total ETH supply is now in ETH2 deposit contracts. The merge on the mainnet — expected later this year — would increase the yield in staking ETH. The amount of ETH waiting to activate is also at an all-time high. The amount of Ethereum staked in the ETH2 deposit contract amounts […]

Advertisements As the Ethereum blockchain edges closer to its proof-of-stake transition, the network has merged with the Beacon chain on the Kiln testnet. The news marks the final step before the blockchain deploys the upgrade and moves away from leveraging a proof-of-work consensus mechanism. Ethereum blockchain engineer Tim Beiko revealed that the network deployed a […]

The most popular antivirus, Norton 360, made a miner out of everyone. Even though this has been going on for a while, the Internet recently found out about it. And traditional Norton customers are livid. One of the most controversial parts of the story is the 15% cut that the company takes. This is a […]

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. Advertisements The Medalla ETH 2.0 testnet has been […]

Advertisements The blockchain software engineering firm ConsenSys, announced this week that it is launching an institutional-grade Ethereum staking-as-a-service platform. The demand for staking applications ahead of the long-awaited ETH 2.0 launch is heating up, and more are likely to follow. ConsenSys, which has recently launched compliance services for the DeFi industry, provides enterprise-level blockchain tracing […]

Advertisements Around $9,765,000,000 is currently locked up in staking contracts across various cryptocurrency networks. The combined value of all such contracts has been steadily growing since the crash in cryptocurrency prices that bottomed in mid-March of this year. The current all-time high for staking contracts occurred on Feb 14. At the top, investors hoping to […]