Blockchain Today Weekly Digest
19 Sep — 25 Sep
The Merge fork continues to influence the crypto market. Let’s learn more about this and other important news of the week in our digest.
1. Ethereum Classic network power skyrocketed by 280% after Merge fork
The hashrate of the Ethereum Classic network has been growing since the end of July. The increase in capacity was the result of the arrival of miners who left Ethereum due to the upcoming Merge fork and ETH’s refusal of the PoW consensus in favor of PoS (Proof-of-Stake).
Read more on Blockchain Today
2. Solana surpassed Ethereum in terms of the number of transactions
Ethereum (ETH) ranks first in the blockchain ranking in terms of the number of deployed decentralized applications (DApps).
However, the Solana network was able to bypass ETH in terms of user activity, the Nansen team said in a report.
Read more on Blockchain Today
3. Coinbase used its reserves to speculate in the market
The American exchange Coinbase used its financial reserves for speculation in the cryptocurrency market.
According to the Wall Street Journal, the company was trading through its risk management division.
Read more on Blockchain Today
You can find more news on Blockchain Today. Follow us for reading our weekly digests and always be updated!