Ethereum’s bullish price movement can most likely be attributed to the successful testing of one of the last tests before the Merge by Ethereum core developers yesterday. The event itself is expected to happen in September.
The highly anticipated upgrade will transition Ethereum from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) network. The upgrade is expected to improve the network’s scalability as well as reduce its carbon footprint.
ConsenSys CEO Joe Lubin talked about Ethereum 2.0 timing and impact, the power of DAOs, and gave his honest take on NFTs, Solana, Polygon, and Biden's crypto executive order in an extensive fireside chat with Decrypt's Dan Roberts at Camp Ethereal 2022 in Wyoming.
Alongside the successful trial of the latest test fork, activity across various Ethereum-based apps is also on the rise.
The total value locked (TVL) across various DeFi apps has jumped 3.44%, hitting $76.74 billion, according to data from DeFi Llama.
Bitcoin follows...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...