Ethereum completes Merge, Do Kwon faces arrest warrant and Bitcoin dives after rally: Hodler’s Digest, Sept. 11-17

Cointelegraph

Published Sep 17, 2022 04:30PM ET

Updated Sep 18, 2022 03:00PM ET

h4 Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs/h4

Ethereums highly anticipated conversion to a proof-of-stake (PoS) consensus algorithm, dubbed the Merge, took place at 6:42:42 am UTC on Sept. 15. The move is a key part of an overarching multi-year transition for the Ethereum blockchain. It starts a chain reaction of changes, Eli Ben-Sasson, co-founder and president of StarkWare, told Cointelegraph regarding the Merge. The Merge will reportedly help the Ethereum blockchain reduce its energy consumption by around 99%.

During a viewing party before the networks shift from proof-of-work (PoW) to PoS, Ethereum co-founder Vitalik Buterin said: [It] has obviously been a dream for the Ethereum ecosystem since pretty much the beginning. We started the proof-of-stake research with that blog post on Slosher back in January 2014.

h4 /h4 h4 Abra announces plans for US bank supporting digital assets
/h4 h4 Norwegian central bank uses Ethereum to build national digital currency/h4 h4 /h4 h4 SEC to address growing crypto issuer filings with specialized offices/h4 h4 /h4 h4 Possession of Bitcoin still legal in China despite the ban, lawyer says/h4 h4 Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash/h4 h4 /h4 h4 Thai SEC intends to ban crypto lending in the country/h4 h4 South Korea issues arrest warrant for Terra Founder Do Kwon
/h4 h4 Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund/h4 h3 /h3 h3 Ethereum is eating the world You only need one internet/h3 h3 Guide to real-life crypto OGs you’d meet at a party (Part 2)/h3 h3 Boom and bust: How are Defi protocols handling the bear market?/h3
h3 The best of blockchain, every Tuesday/h3


By subscribing you agree to our Terms of Service and Privacy Policy
Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Continue Reading on Coin Telegraph