It’s never a dull week in crypto! From the long-awaited Ethereum Merge moving closer, to one of Ethereum’s oldest architects calling the ecosystem a ‘circus,’ let’s find out what went down in crypto this week! Don’t forget to sub! https://voskco.in/Sub
Ethereum’s move to Proof of Stake has been in the pipeline for well over five years, but it seems like it is finally going to be executed and implemented within the next few weeks! This will lead to the end of ALL Ethereum mining – whether that’s ASIC miners or GPUs, nobody will be able to mine ETH anymore once the Merge takes place. What does this mean for the Ethereum miners, as well as for the crypto ecosystem as a whole? With other cryptocurrencies being cited as “securities,” we may also be in for a lot more regulation and control from the SEC and the government. All the while NFT volume on OpenSea drops by 99%! With the huge success of the NFT space over the last year, we may very well see even further decline as market volatility grows and global economies suffer! But are there still a few gems amidst the sea of worthless NFTs?
📑 Crypto News 📑
Read the full Ethereum Mainnet Merge Announcement! – https://blog.ethereum.org/2022/08/24/mainnet-merge-announcement
DAO creator calls Ethereum ecosystem a ‘circus’ – https://www.theblock.co/post/164672/architect-of-the-dao-splits-from-ethereum-circus-after-nine-years
THORSwap goes cross-chain – https://www.theblock.co/post/165011/thorswap-launches-cross-chain-swaps-for-over-8300-tokens
Certain cryptocurrencies may be considered “securities” – https://www.coindesk.com/policy/2022/08/27/sec-questions-grayscales-legal-stance-on-stellar-zcash-and-horizen-crypto-trusts/
NFT volume on OpenSea plunges 99% in 90 days! – https://cointelegraph.com/news/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days
⏰ Timestamps ⏰
00:00 Huge crypto news ahead of ETH Merge!
00:33 Ethereum Mainnet Merge news
02:33 The DAO architect calls Ethereum a “circus”
04:19 Thorswap DEX aggregator goes cross-chain
05:53 NFT project gets renewed hype?
08:30 OpenSea volume is down 99%!
09:40 F1 looks into NFTs
11:30 Trading crypto with Margex
14:09 Old crypto projects may be securities!
19:08 VoskCoin crypto news update
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