Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity. Go to Source Powered by WPeMatico
Ethereum 2.0
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Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest. Go to Source Powered by WPeMatico
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. Go to Source Powered by WPeMatico
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
Liquid staking firms could default on their Ether obligations if “the Merge” does not happen. Go to Source Powered by WPeMatico
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be … Read more
3 reasons why Bitcoin is regaining its crypto market dominance
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Go to Source Powered by WPeMatico
Ethereum preparing a ‘bear trap’ ahead of The Merge — ETH price to $4K next?
An ascending triangle setup promises major price rebound in the Ethereum price in 2022. Go to Source Powered by WPeMatico
Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’
Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. Go to Source Powered by WPeMatico
‘Huge testing milestone’ for Ethereum: Ropsten testnet Merge set for June 8
“Merging Ropsten is a huge testing milestone towards Ethereum’s mainnet merge later this year,” said Preston Van Loon, an Ethereum core developer at Prysmatic Labs. Go to Source Powered by WPeMatico
Will the Ethereum 2.0 update reduce high gas fees?
Ethereum’s gas fees have long been an issue among its users. Will Ethereum 2.0 finally eliminate this problem? Go to Source Powered by WPeMatico
