CME Group and CF Benchmarks to launch 3 new DeFi indices

    CME derivatives marketplace and cryptocurrency index provider CF Benchmarks announced they will introduce this month reference rates and real-time indices for AAVE, curve (CRV), and Aynthetix (SNX), they said on Dec. 1. Initially, pricing will come from a group of six crypto exchanges. The new rates will be calculated and published starting Dec. 19 and…

    EU set to roll out a law diminishing Proof-of-Work mining

    The European Union (EU) released a package of documents related to an action plan for implementing the European Green Deal and the REPowerEU Plan, which aim at energy savings by digitalizing the energy sector. In place of PoW mining, the EU plans to increase the Proof of Stake (PoS) concentration in the bloc. According to…

    Post-Merge Ethereum has become obsolete

    Staked ETH is more capital efficient and profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity, writes Sam Forman on Cointelegraph. For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital…

    The Ethereum Merge just happened: What does that mean for investors?

    Investors should take note of some of Ethereum’s core traits that just changed — Christopher Robbins describes them on CoinDesk. Ethereum has been getting ready to “merge,” creating temporary disruptions in some crypto trading and potentially new opportunities for investors. Now the Merge has finally happened. But what does it really mean? In simple but…

    The new era: The Ethereum Merge successfully completed!

    The massive upgrade of the Ethereum network known as the Merge has finally happened, moving the digital core of the second-largest cryptocurrency to a more energy-efficient proof-of-stake protocol after years of development. The historic move casts aside the miners who had previously driven the blockchain, with promises of higher scalability and massive environmental benefits. When…

    The Merge is getting closer: The last steps

    Ethereum’s Bellatrix upgrade was successful Ethereum’s Merge came closer last week with its Bellatrix upgrade going live on Sept. 6. Bellatrix is the final step before the Ethereum blockchain switches to a proof-of-stake consensus model from its current proof-of-work model. The Bellatrix upgrade prepares Ethereum’s proof-of-stake Beacon Chain for The Merge with its mainnet Execution…