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Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts NetworkOn Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode

Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only ModeThe internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Github’s decision follows the U.S. Treasury updating the public, noting that U.S. persons can copy, view, and discuss the open-source code. Github’s […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

Traders Withdraw .6 Billion in Ethereum From Crypto Exchanges in 17 DaysThe pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs

Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining RigsAccording to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News reported on ethereum […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions

Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean SanctionsAn Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong Un regime with “technical advice on […]

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508