Ethereum

Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge.  Shadow forks help developers stress test synchronization assumptions to ensure network safety during permanent upgrades. In light of The Merge, Ethereum developers implemented the first shadow fork on Apr. 11, 2022. Nearly
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Summary: Ethereum’s native token ETH could move closer to a deflationary state thanks to the Merge. The switch to proof-of-stake ETH issuance for network rewards by around 90%. This further bolsters Ethereum’s burn mechanism which went live in 2021 Ethereum’s PoS transition is expected to happen between September 13-15 with an upgrade dubbed Paris. The
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Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem.  Ethereum is a vast ecosystem with thousands of decentralized applications and decentralized finance protocols working
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Summary: Decentralized exchange Uniswap declared full support for the Merge. The dex does not have plans to support any Ethereum proof-of-work hard forks at press time. Uniswap’s decision was revealed on Wednesday, a day after the Bellatrix update went live. The platform expects smooth operations during the Merge transition. Ethereum’s proof-of-stake switch is expected to
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Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP). ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus
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Switzerland’s SEBA Bank has launched an Ethereum staking service for institutional clients. The bank is fully regulated and says clients have been asking for staking services. Ethereum staking and the number of validators have also hit all-time highs. Switzerland’s SEBA Bank has launched a staking service for institutional clients, just as Ethereum’s Merge is set
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Summary: Decentralized finance protocol Aave paused loans for Ether (ETH). Aave’s community voted in favor of the decision in light of Ethereum’s upcoming Proof-of-Stake upgrade. The protocol has recorded higher loan utilization rates leading up to the Merge. Aave’s decision came shortly before Bellatrix, the first of two stages before Ethereum’s final PoS transition, went
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