According to reports, Yuga Labs planned to sell 100,000 tokenized land plots in order to raise $50 million, but the company's co-founder calls this information 'false news.'
Ethereum could become more centralized and vulnerable to government censorship if validators are compelled to stake 32 ETH.
Gary Gensler, the head of the SEC, said that proof-of-stake cryptocurrencies could be subject to securities laws, but he didn't say which ones.
Compared to the proof-of-work system, the Ethereum proof-of-stake consensus mechanism will cut energy use by a huge 99.5%.
ETHW Core plans to break away from the main ETH blockchain and keep a PoW version going after The Merge. This will keep ETH mining going.
With only a few days left till the eagerly anticipated Ethereum Merge, a new functionality has been added.
As search volume reaches an all-time high, Google introduces an Ethereum Merge countdown clock.
Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first week of September.
When the last shadow fork was finished successfully, it showed that the Ethereum network was ready to switch to a proof-of-stake consensus mechanism.
Chainalysis says that after Merge, ETH could become independent of other cryptocurrencies because its staking rewards could make it like bonds or commodities.