Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops

Aave has voted to suspend Ethereum borrowing ahead of The Merge in a vote that received a 77.87% majority in favor. The post Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops appeared first on CryptoSlate.

Timeline of Aave, Ethereum

Speaking about the upcoming Ethereum merge, HIVE said it has already started exploring mining other GPU mineable coins with its fleet of GPUs. The miner said it is implementing beta-testing this week, before the merge.

Ahead of Ethereum's anticipated transition, the decentralized lending and borrowing platform, Aave, has announced that it would cease loaning Ether to others. The decision came following the Aave community's overwhelming vote in favor of the suspension.

With the increased adoption and attention to non-fungible tokens, several platforms like OpenSea emerged as trading hubs. As a result, people needed suitable grounds to interact and transact with the numerous NFTs available in the space.

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company's August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.

Traders are borrowing ETH to try to game a potential fork at the time of The Merge. Crypto lending platforms are seeking to address this. The post Crypto lending platforms react to high ETH borrowing by traders ahead of The Merge appeared first on The Block.

BitMEX co-founder Arthur Hayes is detailing his outlook on the crypto landscape after the Ethereum (ETH) merge is executed. In a new interview on the Unchained Podcast, Hayes analyzes the potential success of a forked Ethereum token backed by proof-of-work miners whose business model will be abandoned once Ethereum moves on to proof-of-stake.

A wallet belonging to embattled hedge fund Three Arrows Capital has removed $33M in Staked ETH (stETH) from Curve Liquidity Farming Pool. The post Three Arrows Capital Wallet Removes Millions in ETH From DeFi Liquidity Pools appeared first on BeInCrypto.

A trading robot with a reputation for outperforming the markets is sharing its newest portfolio allocations as most crypto assets seek to recover from an overall downtrend. Each week the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Ethereum is reacting favourably to recent news of the Bellatrix hard fork. The ultimate Merge is less than two weeks away, but the last preparatory exercise before its eventual advent is the Bellatrix upgrade.

The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS).