transition – DIGIT INFO

EU silence does not make USDT MiCA-compliant, says exec

DIGIT — Fri, 27 Dec 2024 11:05:38 +0000

While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.

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Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’

DIGIT — Wed, 13 Nov 2024 09:37:29 +0000

The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.

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Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’

DIGIT — Mon, 06 Feb 2023 19:30:28 +0000

Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a faucet, block explorer, and staking […]

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Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

DIGIT — Mon, 30 Jan 2023 14:30:03 +0000

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last […]

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Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security

DIGIT — Sun, 04 Sep 2022 19:00:47 +0000

On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and he insisted he was “surprised that the crash did not happen earlier.” Buterin: Bitcoin Is ‘Not Succeeding […]

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Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline

DIGIT — Thu, 25 Aug 2022 17:30:23 +0000

On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days, as Ethereum Classic captured 38.37 terahash per second (TH/s) on August 20, 2022. Ethereum Classic Hashrate […]

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Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39% Higher in 4 Days

DIGIT — Sun, 21 Aug 2022 15:00:08 +0000

On August 20, 2022, Ethereum Classic’s hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per second (TH/s). The crypto asset has seen its hashrate surge since Wednesday, August 17, jumping 39.22% higher from 27.56 TH/s to the all-time high (ATH). Ethereum Classic’s Hashpower Skyrockets to 38.37 Terahash Roughly six […]

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PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit

DIGIT — Sun, 14 Aug 2022 22:30:11 +0000

In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have increased. While Ethereum will change […]

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Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits

DIGIT — Sat, 09 Jul 2022 20:58:12 +0000

On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using today’s prices. More Than 13 Million Ether Worth $15.8 Billion Deposited Into […]

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Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

DIGIT — Sat, 21 May 2022 15:00:28 +0000

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says […]

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