July 23, 2024
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Beacon Chain Closing in June: Will This Lead to Hot Month for BNB Coin (BNB)?

Beacon Chain is closing at the end of May, with transfers still possible until late June. BNB tokens can be delegated again through a manual migration process. After the migration, BNB will be delegated through Binance Smart Chain for passive income. Binance Smart Chain will be the only network, keeping the BEP20 token standard. Beacon

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Blockchain News

Ethereum’s Dencun Upgrade Progress: Verification and Future-Proofing

In the latest update on Ethereum’s Dencun upgrade, lead developer Tim Beiko shared insights from the All Core Developer Execution (ACDE) meeting on 28 September. This upgrade is poised to bring pivotal changes across Ethereum’s two Mainnet layers: the execution layer overseeing smart contracts and the consensus layer focused on blockchain consensus through staking. One

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Blockchain News

Big Breath as Beacon Chain Stops Finalizing … and then Recovers.

On May 11, a problem on Ethereum’s Beacon Chain caused a problem with transaction finality for about 30 minutes.  On May 11, at about 8:15 p.m. UTC, several Ethereum core engineers reported that the Beacon Chain was experiencing problems confirming transactions. New blocks could be offered, but some unidentified problem prevented them from being approved

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Blockchain News

Ethereum (ETH) Price Set to Roar as These Two Key Deflationary Tailwinds Pick Up

The recent optimism that boosted the Ether (ETH) price to 11-month highs earlier this month has now faded, and the token is currently trading close to $1,900, which is over 11% below earlier monthly peaks. Despite this, analysts remain optimistic about the cryptocurrency’s medium to long-term prospects, particularly in comparison to other blue-chip cryptocurrencies like

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Blockchain News

Nearly $2 Billion in Ethereum ($ETH) Are Waiting to Be Unstaked, Blockchain Data Shows

As validators wait for their time to receive incentives earned by protecting the network, about $2 billion worth of Ethereum ($ETH), the second-largest digital currency by market capitalization, will be taken from the cryptocurrency’s network. Following the well anticipated Shapella hard fork, which went live on the Ethereum network last week, validators may now withdraw

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Blockchain News

Ether Hits 11-month High as Post-Shapella Withdrawals Pass 1M ETH

More than a million Ether Within the first four days of the Shapella hard fork, $2,094 worth $2.1 billion was removed from Ethereum’s Beacon Chain, and Ether has surpassed $2,100 for the first time in 11 months. According to beaconcha.in statistics, the 1.03 million ETH withdrawals resulted from 473,700 withdrawal requests, with Saturday, April 15

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Bitcoin News

Bitcoin’s Dominance Knocked By ETH’s Post-Shapella Rally

Following this week’s Shapella upgrade, Ether $2,107 prices have surpassed the psychological $2,000 milestone, which has led to a fall in Bitcoin’s $30,813 market dominance. At the time of writing on April 14, statistics from the analytical website btctools.io showed that Ether’s market share had increased to 19.8%, an increase of more than 1.1%, in

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Latest News

Ethereum’s Shapella Hard Fork Executed on Mainnet

The Shapella hard fork has been officially implemented on the Ethereum mainnet, allowing Ethereum validators to withdraw their staked Ether $1,915 from the Beacon Chain. The long-awaited upgrade went into effect on April 12 at 10:27 p.m. UTC, at epoch number 194,048. According to Ethereum block explorer beaconchai.in, a total of 12,859 Ether were freed

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Blockchain News

Ethereum’s Upcoming Update Raises Fears Of A Massive Sell-Off, But Is It Justified?

Following its release, Ethereum users were able to withdraw their ETH stakes from the “Beacon Chain,” the infrastructure that previously allowed the PoS migration. As a result, there is significant conjecture regarding the market’s possible influence. As of this writing, Ethereum is rallying and appears to be on track to break through the $1,900 barrier

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Blockchain News

ETH hits 7-month High Ahead of Shanghai and Capella Upgrades

Ether $1,914 has broken beyond $1,900 for the first time in over seven months, only a week before staking withdrawals are enabled in the second-largest cryptocurrency by market capitalization’s next big update. According to CoinMarketCap statistics, the last time Ether was worth more than $1,900 was on August 16, 2022, during a broader crypto sell-off

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