Tag: Labrys

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Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH

Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%. Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11…
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OFAC-compliant blocks on Ethereum hit three-month low of 47%

Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%. The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% — the lowest level since Oct. 11.  The latest milestone…
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45% of ETH validators now complying with US sanctions — Labrys CEO

Labrys CEO Lachlan Feeney is trying to raise awareness among validators running Flashbots’ software that they may potentially be contributing to censorship within the Ethereum network. According to the CEO of blockchain development agency Labrys, Lachan Feeney, approximately 45% of all Ethereum blocks currently being validated run MEV-boost relay flashbots and comply with United States…
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Dogecoin becomes second largest PoW cryptocurrency

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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