Proof-of-work Financial News
25.08 / 14:31
business
Ethereum
Ethereum 2.0
proof-of-work
Holdings
ETH whales move holdings onto exchanges before Merge
Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one.
24.08 / 20:27
business
Ethereum
Developers
proof-of-work
BUG
network
Bug Bounty
ethereum network
Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge
The Ethereum Foundation has announced it will be increasing the network’s bug bounty payouts fourfold ahead of the blockchain’s transition to proof-of-stake.
24.08 / 03:29
23.08 / 18:37
Blockchain
Liquidity
proof-of-work
Proof-of-stake
Frictionless staking addressing lock-in periods and rewards payout is here
Bitcoin (BTC) first drew attention to the proof-of-work (PoW) consensus algorithm, a process that demonstrated users could maintain a secure, decentralized blockchain if only at the expense of large amounts of energy. As history would have it, Bitcoin grew in popularity and faced trouble scaling to accommodate the sheer number of transactions needed. Recognizing the gap in technology, alternatives were developed, the most popular being proof-of-stake (PoS).
23.08 / 17:59
Blockchain
Ethereum
Bitfinex
proof-of-work
Bitfinex offers new chain split tokens ahead of Ethereum Merge
iFinex, the company responsible for Bitfinex Derivatives, announced on Tuesday the launch of a new service offering available to users before the highly-anticipated Ethereum Merge. The exchange now offers Ethereum Chain Split Tokens (CSTs).
23.08 / 12:49
Blockchain
proof-of-work
POW
Bitcoin
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane
Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates by Arcane Research.
22.08 / 14:09
19.08 / 15:43
18.08 / 16:07
Ethereum
defi
proof-of-work
Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong
In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate around what crypto services providers would choose between decentralization and censorship in form of compliance.
17.08 / 13:09
Blockchain
Ethereum
Ethereum 2.0
proof-of-work
freeze
EthereumPOW
EthereumPoW team plans to freeze selected contracts, community pushes back
Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem.
12.08 / 13:19
12.08 / 08:55
Ethereum
Ethereum 2.0
proof-of-work
Ethereum Classic
3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum's Merge
After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge.
12.08 / 06:35
Ethereum
Adoption
proof-of-work
Consensus
Coming sooner: ETH devs move up the date for Merge
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake.
11.08 / 15:57
Blockchain
Ethereum
Ethereum 2.0
proof-of-work
Testnet
Ethereum whale transactions peak at 2-month high amid Goerli testnet merger
The Goerli testnet was successfully merged to the proof-of-stake (PoS) network, marking the final step before Ethereum’s mainnet transition. The triumphant final testnet merger means the mainnet transition slated for Sept. 19 could go as scheduled.
11.08 / 11:19
markets
Ethereum
Mining
proof-of-work
3 signs Ethereum price is on track toward $2.5K by September
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.
09.08 / 16:55
markets
proof-of-work
ETHW
What the fork? Ethereum's potential forked ETHW token is trading under $100
An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30.
09.08 / 08:15
Ethereum
proof-of-work
Ethereum Price
Proof-of-stake
Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report
Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report.
08.08 / 14:15
Blockchain
Ethereum
Ethereum 2.0
proof-of-work
Chainlink ditches Ethereum PoW forks for PoS after The Merge
Chainlink is aligning itself with the decision of the Ethereum Foundation and its community. Therefore, forked versions of the Ethereum blockchain, which includes proof-of-work (PoW) forks, will no longer be supported by the Chainlink protocol post-Merge.
05.08 / 13:53
Ethereum
Mining
proof-of-work
Poloniex
Justin Sun, Poloniex Back Plan to Create a PoW Ethereum Hard Fork
Ethereum (ETH) miners fearing the worst should the network’s much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline – with Justin Sun and his Poloniex crypto trading platform stating that they will provide support for a proposed proof-of-work fork (PoW) fork.
05.08 / 12:35
Ethereum
Forecast
proof-of-work
Proof-of-stake
Hayes Asks ‘Forgiveness’ for Calling Ethereum a Shitcoin, Doubles Down on ETH
Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is “extremely bullish” for the price of ETH.
04.08 / 16:33
Technology
Ethereum
Adoption
proof-of-work
Lido’s market dominance and Ethereum decentralization post-Merge
After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used by the Bitcoin network, to the more energy-efficient proof-of-stake (PoS) used by younger networks like Solana and Cardano.
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