Category Archives: Ethereum Merge

Ethereum Mining Revenue Outperforms Bitcoin in Last Full Month of PoW Before Merge – BeInCrypto

Ethereum mining revenue surpassed Bitcoin again in August as miners rushed to contribute power to the validation of proof-of-work (PoW) ETH transactions before it becomes a proof-of-stake (PoS) asset in September.  Ethereum dominated headlines in August due to the upcoming Merge which will be completed before the end of September. The Merge will finally transition… Read More »

The Merge is Nearly Here. How Will it Affect Blockchain Bridges?

The Merge of the Ethereum network will play a pivotal role in the future of cross-chain bridges, says Andriy Velykyy, co-founder and CEO of Allbridge.  Cross-chain bridges: What are they?  Before we begin, it is essential to discuss what cross-chain bridges are. A blockchain bridge is a platform that enables the transfer of assets between… Read More »

Binance Suspends ETH Transactions on Certain Networks Before Phase One of Merge – BeInCrypto

Crypto exchange Binance suspends deposits and withdrawals for Ether and Wrapped Ether on some popular layer 2 Ethereum networks before the Bellatrix upgrade. ETH transactions on Arbitrum and Optimism, two layer-two networks built on top of Ethereum, and Wrapped ETH transactions on the Ronin sidechain, will be suspended. The suspension will commence at 2 a.m.… Read More »

ETH PoW: Who Is Building, Why, & How to Profit From Token Airdrops – BeInCrypto

ETH holders should prepare for free crypto as developers push ahead with a proof-of-work fork ahead of the Merge. While the majority of Ethereum developers are putting the final touches on a software upgrade to Ethereum known as The Merge, designed to reduce the carbon footprint of Ethereum, a small group of developers are working… Read More »

Short Bitcoin Products Continue to Dominate Low Volume Inflows

Investment products that involve shorting Bitcoin dominated inflows over the past week, amounting overall to $9.2 million. These inflows were characterized by low trading volumes, similar to the past few weeks, many of which saw multi-year lows, amounting to just $915 million. According to the latest CoinShares report, total assets under management (AuM) have now… Read More »

Experts Divided on How the Merge Will Affect Price of Ethereum (ETH)

Some experts expect the price of Ethereum (ETH) to rise following its transition to proof-of-stake (PoS) with the impending Merge, though others have warned of risks. Within the next two weeks, Ethereum’s mainnet will integrate with the system’s Beacon Chain, a PoS chain whose launch in Dec 2020 served as the first step toward the… Read More »