Ethereum devs confirm ETH 2.0 will NOT go live in July, despite widespread rumorsBTC $9295 (+5.4%) • ETH $197 (+4.5%) • XRP $0.20 (+2.2%)
Partner: Earn up to 10% on your crypto through the CryptoSlate + Cred exclusive partnership. Start earning Ethereum’s much-awaited move to a PoS consensus algorithm, the so-called 2.0 or “Serenity” update, just got longer. Project developers confirmed late on May 12 any purported shipping dates were a clear case of miscommunication. Serenity has been in development since early-2018. The update is to Ethereum what the halving was to Bitcoin, in terms of both media presence and protocol update. Ever since Ethereum core developer Afri Schoeden stated the “Schlesi” testnet was active and running, rumors mills have stated and extensively reported on a mid-July date for mainnet. More news ⏬These three metrics suggest Ethereum still has some massive room to riseEthereum has seen some incredibly poor price action throughout the past several weeks, with the cryptocurrency’s severe underperformance of Bitcoin leading it to erase virtually all the gains that came about as a result of the latest market-wide upswing. What the implications of Binance’s acquisition of CoinMarketCap mean for crypto securityWhile global markets have been hit with panic facing some of the worst challenges since the financial crisis of 2008, the crypto industry has solidified its power through one of the largest crypto mergers to date. Will interoperability render Ethereum 2.0 redundant?The Ethereum community has had a long wait for the much-anticipated Ethereum 2.0 upgrade. After several years of delays. Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surgeAn Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion. [Update] Research explores how Zcash and other privacy coins can de-anonymize users, suggests defenses[Update at 14:50 UTC] Benjamin Winston, Director of Security at ECC, told CryptoSlate via a tweet the paper was simply a “review” of existing material and proposes a new attack that is based on a “faulty understanding” of the Zcash protocol by the Hush team. 21 committee members to control Neo’s governance in version 3As Neo is anticipating the launch of its newest iteration—Neo3—its founder and CEO Da Hongfei explained what the latest upgrade will bring to the ecosystem. Bullish for Bitcoin: Federal Reserve branch researches “controlled rise of inflation”On Monday, the latest Bitcoin block reward halving finally arrived, decreasing the inflation rate of the BTC monetary base by 50 percent to ~1.6 percent — under the target inflation rate of fiat currencies and under the growth of the above-ground supply of gold. What else?📈 Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin ⛓ Chainlink now ensures “truly random” winnings for DAI-based savings game PoolTogether Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |