The activation of the Bellatrix upgrade on Ethereum triggers the beginning of the Merge, which will likely be completed sometime around Sept. 13-16.
Snapchat’s parent company shutters Web3 division amid layoffs
The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets.
Bitcoin’s Price May Crash After Ethereum’s ‘Merge,’ Researcher Says
Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.”
Blockchain Cardano’s Vasil Upgrade Confirmed for Sept. 22
The hard fork had initially been scheduled for a June release.
DeFi Platform Kyber Network Discloses $265K Exploit, Vows to Reimburse All Funds
Helium Developers Propose Shifting Network to Solana Blockchain Months After $200M Raise
Developers cited faster transactions and “higher uptimes” among several reasons behind the proposed move.
Can Ethereum Out-Engineer the Censors by ‘Shuttering’ the Beacon Chain?
Ethereum’s developers are realizing censorship is not a problem that can just be coded away. This piece is originally from Valid Points, CoinDesk’s weekly newsletter, breaking down Ethereum’s evolution and its impact on crypto markets.
Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather
Some analysts are starting to see the seasons of Texas constitute the new seasons of bitcoin mining.
Can Privacy-Focused Bitcoin Projects Avoid OFAC Sanctions?
Bitcoin that’s been sent through privacy-preserving mixers could be vulnerable to censorship. But there are some workarounds in progress.
Web3 Domain Name Service Could Lose Its Web Address Because Programmer Who Can Renew It Sits in Jail
Eth.link expired on July 26 and will be up for grabs on Sept. 5, according to GoDaddy.
DeFi Platform Synthetix’s Founder Proposes Capping Token Supply at 300M, Here’s Why
The inflationary model helped bootstrap the Syntethix ecosystem and was no longer needed, founder Kain Warwick explained.
Compound’s Upgraded DeFi Lending Platform Targets Security, Scalability
Compound v3 limits the protocol’s supported tokens and introduces governance changes.
Web3 Workplace Platform Coordinape Launches Decentralized Compensation Tool for DAOs
Coordinape’s new tool, CoVaults, uses smart contracts to automate compensation for contributors to the decentralized workspace. CoVaults are self-custody smart contracts that enable teams to fund and pay contributors on-chain with any ERC-20 token.
The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol
Gnosis Chain is the first chain after Ethereum to gain support on The Graph’s decentralized network, which will soon replace The Graph’s centralized “hosted” service.
Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens
Starting today, users can swap supported ERC20 tokens across 8 blockchains in a single transaction from their personal crypto wallet.
Crypto Exchange Coinbase Introduces Liquid Staking Token Before Ethereum Merge
The Coinbase Wrapped Staked ETH (cbETH) will have several uses, including selling and transferring staked ETH as well as using it as collateral in DeFi protocols.
The Ethereum Merge Has an Official Kick-Off Date
The Bellatrix upgrade, which begins the final countdown, is set to activate on Sept. 6. The Merge itself will be completed at some point between Sept. 10-20.
Tron Consumes 99.9% Less Power Than Bitcoin and Ethereum, Crypto Researcher Says
The report said that the network consumed power equivalent to fifteen U.S. households in a year.
Ethereum Proof-of-Work Forks: Gift or Grift?
Ethereum will soon transition to a more energy-efficient system for processing transactions, but prominent crypto personalities are hell-bent on keeping the energy-hungry version of the chain alive. Why?
As Censorship on Ethereum Begins, Could This Open-Sourced Code Help Counter It?
Flashbots’ accelerated code release comes amid U.S. regulatory crackdown on crypto mixer Tornado Cash for sanctions violations.