Tag: Ethereum 2.0

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Ethereum developers decided on eight proposals for the Shanghai update

Among the main features of the Shanghai hard fork is Beacon Chain staked Ether (ETH) will be unlocked. Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24.  On…
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Ethereum Price Prediction as Bulls Target 30% Move – Pump Incoming?

The Ethereum price is currently in the red, along with the wider crypto markets, as the market continues to deal with the knock-on effects of the FTX collapse. However, recent price action suggests that bulls are looking for a 30% move to the upside. The House Financial Services Committee has called upon Sam Bankman-Fried (SBF)…
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zkSync developer Matter Labs raises $200M, commits to open-sourcing platform

Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has received major industry backing as it pledges to fully open source its platform — marking the first such initiative for a ZK-rollup technology.  Matter Labs…
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Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants

Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions. Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow…
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Ethereum Co-Founder Makes Big Changes to Roadmap – Here’s What You Need to Know

Ethereum co-founder Vitalik Buterin has released an update to the Ethereum roadmap, announcing changes aimed at mitigating censorship, block verification, centralization, and other issues.  In a Saturday tweet, the Ethereum mastermind added ‘The Scourge’, a new stage to the Ethereum technical roadmap, which strives to improve censorship resistance and decentralization of the Ethereum network…. Read…
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New oracle system to help DApps retrieve millions lost to MEV

OEV-enabled oracles auction off the right to extract on-chain value to the same third-party searchers who used to bid for the blockspace. A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from…
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Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside

The formation of a bullish trading pattern suggests that the ETH/BTC pair could be on the verge of a trend reversal. Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking out…
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After Ethereum Merge, GPU prices may stabilize with dipping demand

The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. Ethereum’s long-awaited transition to a proof-of-stake (PoS) consensus mechanism kicked off on Sept. 15, thus finally putting its long-standing transaction woes in the rearview mirror. To this point, the…
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T-Mobile Parent Company Launches Ethereum Staking Validator

Deutsche Telekom (DT), the parent company of wireless network operator T-Mobile, has announced that its subsidiary T-Systems MMS will support the Ethereum blockchain network by infrastructure in the form of validator nodes.   In a press release, the German tech giant revealed that T-Systems will also provide liquid Ether (ETH) staking services through a partnership with…
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The path moving forward for ex-Ethereum miners remains unclear

It seems that some GPU owners have resorted to selling power to non-crypto projects following the Ethereum Merge. It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward.  Following the Merge, many took to crypto Twitter to…
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