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Altcoins
Three Ethereum chains that support mining — Ethereum Classic, ETHPoW and Ethereum Fair — together accounted for about 30% of the peak hashrate of Ethereum before “the Merge.”
Ningwei Qin
Altcoins
Amid its bankruptcy proceedings, crypto lender Celsius Network LLC has sought court approval to sell and/or exchange its stablecoin holdings for U.S. dollars in order to generate liquidity and help fund its operations. See related article: Goldman Sachs said to raise US$2B for Celsius assets: report Fast facts “Celsius currently owns eleven different forms of […]
Pradipta Mukherjee
Altcoins
ETHPoW, the Ethereum hard fork blockchain intended to preserve proof-of-work after the native chain transitioned to proof-of-stake, is facing technical difficulties despite months of anticipation. See related article: Ethereum says Merge upgrade successfully completed, more to come Fast facts Prior to the fork, it was announced that ETHW tokens would be airdropped to Ethereum holders. […]
Dylan Butts
Altcoins
Mining pools F2Pool, Poolin and Antpool have launched their ETHW (EthereumPoW) mining pools, according to their respective websites, while a few other large mining pools have also said they would support the mining of the fork token. See related article: Ethereum says Merge upgrade successfully completed, more to come Fast facts F2Pool said on Thursday […]
Timmy Shen
Altcoins
The bankrupt crypto lender Celsius Network’s native CEL token suddenly spiked to US$4.26, during Ethereum’s much-anticipated Merge, according to data from CoinGecko. See related article: Celsius CEO Alex Mashinsky floats restructuring as custody business amid bankruptcy proceedings Fast facts CEL’s price has since dropped to US$1.94, making it the 61st largest cryptocurrency by market capitalization, […]
Zoltan Vardai
Altcoins
The last block on the proof-of-work (PoW) Ethereum chain before The Merge was filled by a VanityBlocks non-fungible token (NFT) minted for 31.5 ETH, which was succeeded by the first NFT in the post-Merge proof-of-stake (PoS) chain minted for 36 ETH. See related article: Fungible after all? Duplicates may disrupt NFT industry after Ethereum Merge […]
Daniel Kang
Altcoins
Chinese Ethereum mining rig maker Sunlune has concluded its Series A fundraising with “tens of millions” of US dollars from Intel Capital, in an announcement two days before the completion of the Ethereum Merge. See related article: Why Ethereum Merge will be game-changing for DeFi and crypto investing Fast facts See related article: Crypto miners […]
Ningwei Qin
Altcoins
Cryptocurrency markets trended higher in Thursday afternoon trading in Asia, with global market capitalization up 0.4% in 24 hours, trading at US$995.9 billion, still under the US$1 trillion benchmark it dropped below last night. All cryptocurrencies in the top 10 by market cap, with the exception of Bitcoin, strengthened. See related article: Markets: Bitcoin little […]
Dylan Butts
Altcoins
The Merge is a milestone in slashing electricity use on the Ethereum blockchain, but there are plenty more upgrades in the pipeline.
Lachlan Keller
Altcoins
Bitcoin was little changed while most of the crypto top ten by market capitalization rose, edging the entire crypto market cap back above US$1 trillion in Thursday morning trading in Asia. Ether and Cardano led the gains after Wednesday’s slump on inflation concerns in the U.S. See related article: Markets: Bitcoin, Ether drop on CPI […]
Lachlan Keller
