Ethereum's Merge Successfully Completed On Ropsten Testnet

Ethereum supporters can start to countdown as the merge is so damn close! Ethereum developers' team announced on this week that Ethereum's Merge has successfully taken place on Ropsten Testnet.

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Ethereum is making the headlines this week as the highly anticipated Merge is deployed on Ropsten for final testing phases. The post How the Ethereum Security Model Will Make It a Unique Asset appeared first on BeInCrypto.

Blockchain transaction data shows that the Optimism (CRYPTO: OP) hacker sent a million OP tokens to the wallet of Ethereum (CRYPTO: ETH) creator Vitalik Buterin. What Happened: An alert from blockchain security firm PeckShield revealed that a million OP tokens, worth around $874,000 at the time, was sent to Buterin's Ethereum wallet address.

Ethereum (ETH) has dropped mercilessly in the last two weeks, trading below the $1800 mark. However, due to a successful Merge on the Ropsten testnet, favourable on-chain statistics, increased whale holdings, and other positive variables, prices may be able to stabilize at current levels. On June 8, the Ethereum team successfully completed the Merge on …

The Aztec protocol plans to update its L2 privacy system on the Ethereum network to the latest version. Accordingly, the new version of the update is called “Connect” and is designed to provide privacy for smart contract data.

Ethereum developers have successfully merged the veteran Ropsten testnet with its beacon chain. This marks one of the last steps before the ultimate penultimate mainnet transition scheduled for August.

Ethereum price analysis is bearish today as we have seen further consolidation and an inability to recover over the last 24 hours. Therefore, ETH/USD should follow along with the overall trend and break lower again by the end of this week.

Key takeaways: ViacomCBS has partnered with RECUR to launch NFTs across its portfolio of consumer brands. ViacomCBS is the parent company of Nickelodeon, MTV, CBS, BET, Comedy Central, Paramount Pictures, and Showtime Networks Inc. Nickelodeon already has a Twitter page on NFTs.

The global cryptocurrency market cap fell sharply towards the end of the week, following a market-wide sell-off in the past four weeks that has put a dent in the micro-price performance metrics of Bitcoin and Ethereum. Last week, Bitcoin dropped to as low as $28,000 before recovering this week as it continues to hold above

As the major upgrade of the Ethereum blockchain, Ethereum 2.0, is set to launch later this year, uncertainty looms over layer 2 solutions built on the Ethereum blockchain. Ethereum 2.0 is set to be a new version of the blockchain that will enthrone the proof-of-stake (PoS) mechanism of verifying transactions via staking.

Although most of the crypto community has long believe that Ether ($ETH), the native token of Ethereum, is not a security — as far as the U.S. Securties and Exchange Commission (SEC) is concerned — it wasn't until this week that we got some evidence that this view may indeed be correct. William Hinman's June 2018 Speech On