The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.
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The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.
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With the Ethereum Merge only hours away, Cointelegraph spoke to industry experts about the transition to proof-of-stake today and what to look out for.
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The Ethereum blockchain is set to bid farewell to proof-of-work, and welcome proof-of-stake as Mainnet merges with the Beacon Chain.
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The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry.
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Besides fake ETH 2.0 tokens and malicious token airdrops, crypto users should also be on the lookout for staking pools offering attractive staking yields.
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New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms.
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A recent report has narrowed ETHPOW’s downside target to $18 if the token ever comes to life post-Merge.
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Ether could enter the pattern’s breakout stage in the days leading up to the highly-anticipated Merge.
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Users can receive up to 6.0% APY with 0.001 ETH staking minimums, but risks apply.
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While mainstream outlets have generally grasped the complexity of upgrading a major blockchain “mid-flight,” it’s prompted a few to warn about the disruptions should it fail.
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