Upgrade Financial News
05.11 / 10:15
Ethereum
us government
censorship
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OFAC
compliance
Ethereum inches even closer to total censorship due to OFAC compliance
Considering that protocol-level censorship is deterrent to the crypto ecosystem's goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks.
19.10 / 00:25
Blockchain
Ethereum
layer2
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Testnet
Ethereum launches testnet for Shanghai upgrade: Here’s what is next
Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live. Developers can now begin working on the implementations; a process expected to continue until September 2023.
23.09 / 05:07
Blockchain
Cardano
Upgrade
Nodes
Fork, yeah! Cardano Vasil upgrade goes live
After several months of delays, the Cardano Vasil upgrade and hard fork has finally gone live as of Thursday at 9:44 pm UTC, bringing “significant performance and capability” enhancements to the blockchain.
22.09 / 06:05
Blockchain
Cardano
Launch
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Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved
The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22, with the Cardano team noting all three “critical mass indicators” needed to trigger the upgrade are now met.
07.09 / 20:37
markets
Cardano
Federal Reserve
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Cardano (ADA) eyes 15% rally despite Charles Hoskinson's fear over 'macro factors'
Cardano (ADA) will undergo a major network update called "Vasil" on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA's market.
07.09 / 07:47
Blockchain
Ethereum
Adoption
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Ethereum’s Bellatrix upgrade hiccups jangle nerves... but it'll be right on the night
The Bellatrix upgrade preparing Ethereum for the Merge was successfully completed on Sept. 6 - however concerns were raised over an almost one in ten missed block rate across the last 600 slots.
27.08 / 08:11
business
Blockchain
Ethereum
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Future
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future
Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations for both proof-of-stake (PoS) and proof-of-work (PoW) applications.
13.08 / 13:47
Blockchain
POW
Upgrade
Ethereum Upgrade
The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade
The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and Beacon Chain — has unknowingly spurred rumors across the community.
11.08 / 09:05
Ethereum
Ethereum 2.0
Upgrade
Test
Ethereum Merge on track as Goerli test merge successfully finalized
After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am UTC, Aug. 11.
26.07 / 09:43
Ethereum
Ethereum 2.0
data
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Institutional ETH sentiment turns positive after 11 weeks of outflows
Institutional sentiment toward Ether (ETH) appears to have shifted into positive gear, with digital investment products offering exposure to the asset having posted four consecutive weeks of inflows, according to CoinShares.
19.07 / 05:35
Blockchain
Tokens
Upgrade
Derivatives
RUNE Pumps 18% as THORChain deactivates non-native tokens
Cross-chain exchange and proof-of-bond network THORChain has finally activated the killswitch that will progressively wind down support of the BEP-2 and ERC-20-based variants of the RUNE token.
11.07 / 16:07
Blockchain
Ethereum
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Bitcoin
PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin's (BTC) throne as the top dog in crypto.
30.06 / 04:49
Blockchain
Cardano
Upgrade
update
Cardano's Vasil hard fork proposal submitted: Countdown commences
Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for the network's Vasil mainnet upgrade.
24.06 / 10:13
Blockchain
defi
Upgrade
Derivatives
THORChain token price up 16% following mainnet launch
The price of THORChain’s token RUNE is up 16% since the project announced the official launch of its mainnet on June 22.
26.05 / 06:05
Blockchain
Ethereum
Developers
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Ethereum Beacon Chain experiences 7 block reorg: What's going on?
Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday.
24.05 / 05:29
Ethereum
Ethereum 2.0
Developers
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Core Ethereum developer details changes to expect after the Merge
Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for applicatio and protocol developers on Ethereum.
20.05 / 19:01
markets
Ethereum
Ethereum 2.0
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Ethereum preparing a 'bear trap' ahead of the Merge — ETH price to $4K next?
Ethereum's native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token's next selloff move could turn into a bear trap as the market factors in the possible release of the Merge this coming August.
20.05 / 09:39
Blockchain
Ethereum
proof-of-work
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Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’
Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August. Hopefully.
04.05 / 05:21
Blockchain
Ethereum
fees
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L2
Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'
Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”
26.04 / 22:53
Ethereum
Airdrop
Scalability
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Ethereum scaling solution Optimism upgrades governance structure
The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum, the world’s largest smart contract platform.
20.04 / 05:35
Blockchain
wallet
Cardano
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400 new projects and 100K new wallets in a month on Cardano
Activity on the Cardano (ADA) blockchain is starting to heat up, with 400 new projects in the works, along with 100,000 new wallets being created over the past month.
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