dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators.
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Lido Finance discloses 20 slashing events due to validator config issues
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.
Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K…
Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition
After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work…