ETH 2.0 confirmed for Dec. 1 launch just hours before deadline
With just nine hours remaining, the Ethereum’s deposit contract met its threshold of 524,288 Ether — locking ETH 2.0’s beacon chain genesis for Dec. 1. ETH 2.0’s beacon chain genesis has been confirmed for Dec. 1, following the transfer of 524,288 Ether from 16,384 validators into the ETH 2.0 deposit contract since it went live on Nov. 4.Despite early concerns stemming from low staking participation, transfers to the deposit contract rapidly increased over the past day — with more than 200,000 ETH being sent to the contract in the past 14 hours.Ether sent to deposit contract over time:....
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UPDATE (10th August 10:16 BST): Since the publication of this article, bitcoin exchanges Kraken and Bitfinex have also confirmed they will not apply for a BitLicense to operate in New York. Bitcoin businesses wanting to continue serving New York residents have approximately 24 hours left to file their BitLicense application. The deadline, set for 8th August, marks the end of a 45-day grace period following the publication of the BitLicense in the New York State register. Formulated by the New York State Department of Financial Services (NYDFS), the long-awaited regulatory framework has....
Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. Update: The threshold was crossed just after 2.20am Universal Time on November 24. ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred to the ETH 2.0 deposit contract snowballing as today’s deadline approaches.As of this writing, nearly 499,000 of the 524,288 Ether required to secure the Dec. 1 beacon chain genesis has been deposited into ETH 2.0’s deposit contract, with 11 hours remaining....
Bloomberg analyst Eric Balchunas has shifted his projected deadline for the launch of Ethereum Spot ETFs in the United States. This development comes following comments by the US Securities and Exchange Commission on the second round of S-1 forms submission. Related Reading: Green Light Ahead For Ethereum ETF, States SEC Chair Gensler S-1 Forms Receive […]
The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes the mainnet deposit contract address. Anyone who wants to participate as a validator on the Ethereum 2.0 mainnet can now start depositing their minimum stake of 32 ETH.The initial results looked promising, with 14,000 ETH (worth around $5 million) staked....
CoinJelly has announced via Twitter that customer accounts will remain open for a further seven days. The company said 98% of users had already withdrawn their bitcoin and confirmed that it had a "small fund" for those who miss the deadline. Bitcoin exchange and wallet service CoinJelly has announced it is to close all user accounts within 24 hours. CoinJelly's founder and director Ash King said the closures have come about because ownership of his company has changed hands. However, he declined to make further comment about this claimed acquisition, other than "we were not purchased for....