The blockchain will “emerge as a digital asset category leader, given its economic transition, scalability roadmap, and vibrant digital economy being built on it,” Bernstein said. It also expects strong institutional adoption of ether (ETH), due to its leading market share, market capitalization, and liquidity. Team Valhalla
The Ethereum Merge is now completed, with the Ethereum network finally migrating to a proof of stake mechanism. ETH, the native token of the Ethereum blockchain, has been underperforming over the last 24 hours. The poor performance coincides with that of the broader cryptocurrency market. The crypto market has...
The Ethereum network has finally switched to a Proof of Stake (PoS) protocol after the Merge was successfully executed a few hours ago. The Ethereum Merge is one of the most highly anticipated events in the cryptocurrency space this year. The event was successfully completed a few hours...
The Ethereum Merge has been completed, but Immutable X’s CTO says the Merge won’t hurt layer-2 platforms like Immutable X. Alex Connolly, CTO of Immutable X, revealed in a recent blog post that the Ethereum Merge wouldn’t hurt layer-2 platforms like Immutable X and Polygon. The Ethereum blockchain completed...
South Korea’s Ministry of Foreign Affairs also issued an order to the other five individuals to return the passports they posses. The order was put through after the Seoul Southern District Prosecutor's Office for Financial and Securities Crimes requested the six individuals' passports be invalidated, Munhwa reported. Team Valhalla...
Coinbase will use fintech firm Broadbridge Financial's NYFIX order-routing network to improve buy-side liquidity for traders. Team Valhalla
The annualized rolling discount in one-month bitcoin futures listed on Deribit, the world's largest crypto options exchange, narrowed to 0.3% from 17.66% before the changeover, which went live at 6:43 UTC, according to data provided by Skew. Discounts in futures listed on Kraken, OKEx and the Chicago Mercantile...
Several crypto lenders including Celsius Network and Babel Finance, as well as exchanges offering lending services, froze withdrawals over the past few months following a downturn in the crypto market, with bitcoin and ethereum losing over 50% of their since the turn of the year. Team Valhalla
The miner used almost 30 million gwei to pay for that transaction. Team Valhalla
Ethereum’s transition from Proof of Work to Proof of Stake was successfully completed just after 2:30 AM ET, or 5:30 AM GMT at block 15537391. Team Valhalla