ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Ph...

ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Ph...

This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, Ethereum’s cofounder Vitalik Buterin sent 3,200 ETH to the genesis phase deposit contract in order to begin staking after the shift. For quite some time now, the ETH 2.0 transition was postponed and it seems the first phase is set to begin on or around December 1, 2020. The first stage of ETH 2.0 is often....


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ETH 2.0 set to launch Dec. 1 after late surge in deposits

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....

Breaking: “Pause Ether, DAO Trading”, Ethereum Founder Buterin Tells Exchanges

Ethereum co-founder Vitalik Buterin has asked digital currency exchanges to “pause” ether and DAO activity following a hack of the DAO smart contract address. The DAO is currently being drained of ethers in a still-ongoing breach (at the time of publishing) to the unknown attacker’s ETH address. The ongoing hack and possible theft, deemed as an “attack” on the DAO by Vitalik Buterin, has the co-founder of Ethereum issue a plea seeking digital currency exchanges to pause ether (ETH) and DAO transactions. In a post on the Ethereum subreddit, Buterin wrote: <DAO ATTACK> Exchanges please....

Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Net...

The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London At press time, Ethereum is burning 5.9 ether per minute or $16.8K using today’s exchange rates against the U.S. dollar. Meanwhile, in a recent interview from Singapore, Ethereum’s co-founder Vitalik Buterin said the Ethereum Improvement Proposal (EIP) “1559 is definitely the most....

Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of...

The exchange also announced plans to remove $USDC as a tradeable asset from its platform. Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum's Merge event.#Binance will suspend deposits and withdrawals for Ether $ETH and Wrapped Ether $WETH on the following networks starting from September 6, 2022 at 02:00am UTC. ETH (Arbitrum) ETH (OP) WETH (RON)— Binance (@binance) September 5, 2022 In the announcement,....

Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K

Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire.Buterin’s public Ether address, which he described as his main wallet back in 2018, has hit $1 billion on its balance following Ether’s meteoric rise above a $3,000 price mark on Monday.At the time of writing, the address holds around 333,500 Ether (ETH) now worth $1.029 billion, according to on-chain data from Etherscan, as ETH more than quadrupled....