According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron…
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Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021,…
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Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders. With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to…
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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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46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to…
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Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered…
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The proof-of-work fork of the Ethereum blockchain was targeted by a cross-chain contract exploit. Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend. Smart contract auditing firm BlockSec flagged what it described as a replay attack that took place on Sept. 16,…
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Ethereum has successfully made its historic transition to Proof-of-Stake, but the asset’s price action is not responding favorably to the move, partly due to SEC Chair Gensler’s recent comments on staked assets being regarded as securities. Following years of anticipation, the crypto community has been greeted by the Ethereum Merge. The event has often been…
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Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network’s proof-of-stake (PoS) upgrade on Thursday. Bitcoin (BTC), of course, remains miles ahead of Dogecoin’s market cap of $7.83 billion, though…
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Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake. The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders. On Sept. 15, Ethereum officially transitioned…
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