Will Ethereum (ETH-USD) merge ahead of schedule

After the update, Ethereum will transition to the proof-of-stake consensus mechanism, bringing several improvements to the second largest blockchain network. Firstly, the blockchain will become 99.5 percent more energy efficient after shedding its power-hungry proof-of-work consensus mechanism.

Ethereum (ETH-USD) May Merge Ahead of Schedule

Ethereum (ETH) is on track to merge with its main chain as scheduled on Friday, marking a major step forward for one of the world's largest public blockchains.

The main chain will be detached from the Ethereum network at block number 5,920,000, with the Ethereum chain continuing on its current trajectory.

The scheduled merge is the latest step in Ethereum's transition to a Proof of Stake (PoS) platform, which will likely lead to a more stable and secure network.

The PoS transition will also introduce a new Ethereum currency, called “Ether”, which will be used to pay for transactions on the Ethereum network.

Ethereum is on its way to a long-awaited “second generation” upgrade, with the merger set to take place ahead of schedule.

The "Spam" hard fork is set on Thursday, July 10 at block number 6,402,000.

The upgrade is set to offer a Proof of Stake (PoS) vote, which should result in lower transaction fees.

This is in addition to the Casper upgrades, retail, and expansion that were previously expected to occur in 2019.

After months of consolidation and sideways trading, it appears that Ethereum is in the midst of a rapid rally.

The second largest cryptocurrency by market capitalization has seen a series of sharp gains over the past week and appears to be in the midst of a strong bullish move.

In just the last 24 hours, Ethereum has added over 10% to its value, trading at just $400 at the time of writing.

If the current momentum continues, it may achieve its next primary target.

Developers now targeting Sept. 15 vs. 19, and other top stories in the New Digital World

The new digital world has changed everything, and the pace of change is accelerating.

This week in the new digital world we saw a new shift in the technology timeline and a new wave of development coming into the new digital world.

Developers are now targeting September 15th instead of September 19th, and the new wave of development is coming from the biggest names in tech.

The future is here.

The new digital world is changing faster than we can keep up.

This week has brought some major developments that show how quickly the landscape is developing.

The developers are now targeting September 15th instead of September 19th, and that's just the beginning. Let's jump in.

It's been a big week for the new digital world.

On Monday, the Internet's largest technology companies unveiled new products and services, created in response to a revised set of Internet technical standards.

These standards called the "new digital world," will help keep the web secure, fast, and accessible.

It is a response to the "old digital world", which was built on the original technical standards of the Internet.

Ethereum Could Merge As Soon As September 15

This week could see the biggest moment in cryptocurrency history: Ethereum is likely to merge with the world's largest blockchain.

Over the past year, several different chain-splitting protocols have been discussed - and in the past few weeks, it seems like it's time for one of them to finally come to fruition.

The protocol in question is called “The Spoon,” and was developed by a group of Ethereum developers including Nick Johnson and Alexey Akhunov.

If it goes ahead as planned, the "spoon" will see the Ethereum and Ethereum Classic chains merge into one - and if it goes ahead as planned, it will be the most important moment in cryptocurrency history.

Ethereum will merge with another cryptocurrency called ZK-snarks on September 15, according to a new report.

The merger will create a new cryptocurrency called ZK-snarks.

The report was published on September 14 by CryptoSlate, a crypto-focused news site.

The ZK-snarks merger is still in the planning stages and has yet to be approved by regulators.

Ethereum has made a lot of progress lately.

The company’s blockchain network saw an increase in transaction volumes and the launch of a new dapp earlier this year, and the network is poised to make even bigger gains in the near future.

One of the primary catalysts for this growth was the launch of the Ethereum Metropolis upgrade, which is scheduled to integrate Geth and Parity clients into the blockchain on September 15, 2018.

This will result in a single client allowing users to access the entire Ethereum platform, including decentralized applications (dapps) and smart contracts.

Binance to Return $450,000 of Stolen Crypto Sent to Its Exchange

Binance, one of the world's largest cryptocurrency exchanges, has announced that it will return $450,000 in cryptocurrency that was stolen from other exchanges and sent to Binance.

The exchange confirmed it was aware of the theft on Thursday but did not say when the theft occurred.

The exchange also confirmed that it will return the money to its original owners.

The theft highlights the risks inherent in sending cryptocurrency to exchanges rather than trading on decentralized exchanges.

Binance has announced that it will return $450,000 in cryptocurrency that was stolen in a hack earlier this week, without any conditions.

The exchange, the world's largest cryptocurrency exchange by volume, said it will return all cryptocurrencies sent to the exchange from being hacked, regardless of whether they are traded or withdrawn.

Binance urged those who submitted cryptocurrencies to the exchange to withdraw them as soon as possible, as it cannot guarantee that the funds will not be withdrawn by hackers.

The exchange said it would provide an additional update "in the coming days" regarding the hack that caused its one-day closure.

Binance, one of the world's largest cryptocurrency exchanges, has returned $450,000 worth of cryptocurrency that was sent to the exchange by mistake, according to a report.

The cryptocurrency, which was worth around $26,000 at the time of sending, was accidentally sent to Binance Exchange instead of different exchange.

The mistake was discovered by the owner of the cryptocurrency, who realized that his account had been credited with the cryptocurrency when he was expecting a different cryptocurrency. 

The owner then reached out to Binance, which agreed to return the money to him.