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The Ethereum network recently underwent the Arrow Glacier hard fork on Dec. 9, with the sole purpose of delaying the “difficulty bomb” to June of next year. The difficulty bomb is a mechanism to force the proof-of-work network to stop producing blocks, making mining unprofitable and disincentivizing miners from keeping
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Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain's native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10.Dubbed "ETH2," the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to
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Once again, the difficulty bomb does not set the Merge’s date in stone. Beacon Chain developers and the client teams use the difficulty bomb to keep them on track. If they have to delay the bomb again it will eat at time they could be spending on the transition to
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Ethereum has recently taken hits along with the rest of the wider market. Numerous market dips and crashes have seen the digital asset crashing back down below $3,000 in recent weeks and this has left ETH in a struggling position. With momentum down, it looks like the market is headed
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Tesla and SpaceX chief executive Elon Musk just mentioned Bitcoin again in a cheeky tweet published just minutes
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Elon Musk just name-dropped Bitcoin once again on Twitter. The SpaceX and Tesla chief executive recently responded to
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The extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report. Source
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Wharton professor Jeremy Siegel foresees a strong U.S. stock market in 2021, due to unprecedented levels of repressed liquidity. Siegel cited rising business productivity, potential vaccines, increased money supply, and rising worker productivity as four catalysts. Tech-heavy indices were the primary beneficiaries of the stock market rally from March to August, and
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Goldman Sachs strategists believe the markets might be overestimating the risks from the November presidential election.While some analysts anticipate massive volatility spikes after the election, Goldman said S&P 500 would be able to gauge the winner.The confluence of surging COVID-19 cases and the uncertainty around the election are causing market
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Police say that "numerous" companies got $20,000 bitcoin ultimatums in the mass SPAM campaign. Source
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