The Merge


Policy

SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report

Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.

WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission,  testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021 in Washington, DC. (Photo by Evelyn Hockstein-Pool/Getty Images)

Finance

Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever

Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.

(Midjourney/CoinDesk)

Tech

Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

The price stability that prevailed after Ethereum's shift to a more energy-efficient proof-of-stake network suddenly evaporated as ether slid 9.1%, its worst day since late August.

The Ethereum Merge watch parties are over. Now the hangover seems to be hitting crypto markets. (Creative Commons)

Markets

High Bid on NFT of Ethereum’s Final PoW Block Is Just One-Third What Creators Paid to Mint It

Vanity Blocks paid roughly 30 ether to crypto miner F2Pool to mint an NFT of Ethereum's final proof-of-work block.

Bids on "The Last POW Block" are half of what its creators paid to create it. (OpenSea)

Markets

First Mover Americas: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies

The latest price moves in crypto markets in context for Sept. 15, 2022.

The Merge went smoothly and ETH held steady. (CoinDesk)

Tech

Ethereum Classic and Ravencoin's Hashrate Nearly Doubles After Merge

Earlier on Thursday, Ethereum switched to a system that does away with the need for miners.

Ethereum merge (Dall-E/CoinDesk)

Tech

Meet 8 Ethereum Developers Who Helped Make the Merge Possible

Ethereum’s impending shift to proof-of-stake could not have happened without researchers, developers, volunteers and many, many client teams.

Featured Ethereum developers, left to right: (Top) Raoul Jordan, Sajida Zouarhi, Marius Van Der Wijden, (Middle) Justin Drake, Alex Stokes (Bottom) Tim Beiko, Parithosh Jayanthi, Ben Edgington

Tech

Crypto Miner F2Pool Mined the Last-Ever PoW Ether Block Before Merge

The miner used almost 30 million gwei to pay for that transaction.

Photo by Pedro Henrique Santos on Unsplash

Tech

Ether Price Trades Flat After Successful Ethereum Merge

Ethereum’s transition from proof-of-work to a proof-of-stake system was successfully completed just after 2:30 a.m. ET, or 5:30 a.m. GMT at block 15537391.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Tech

The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain

The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.

Ethereum merge (Dall-E/CoinDesk)