Tag: The Merge
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Binance CEO on the Problems With Ethereum That the Merge Does Not Fix
CZ on the problems with Ethereum In a recent interview, Changpeng Zhao (“CZ”), the Co-Founder and CEO of Binance, said that users of the Ethereum network should not have unrealistic expectations regarding the benefits of the Merge upgrade, which was completed on September 15. In an interview with CNBC just before the Merge, which marked the Ethereum […]
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Binance US launches Ethereum staking 6% APY ahead of The Merge
High-reward Ethereum staking on Binance US On September 7, the U.S. subsidiary of the leading digital assets platform Binance made an announcement that it would launch low-barrier Ethereum staking with high rewards up to 6.0% APY. While direct staking on the Ethereum network requires 32 Ether (ETH), you only need 0.001 ETH when staking on […]
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Binance suspends ETH and WETH transaction ahead of the Merge
The suspensions of ETH, WETH deposits and withdrawals On September 5, Binance made an announcement that it will suspend all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on certain networks, from September 6th at 2 am (UTC) until the Merge is completed. https://twitter.com/binance/status/1566819198491312129?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1566819198491312129%7Ctwgr%5Ef8ba0e30a5a71344fefad8a69aa194408bbcc555%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbinance-to-temporarily-suspend-eth-and-weth-deposits-and-withdrawals-ahead-of-the-merge In particular, ETH transactions on Arbitrum and Optimism, two layer-two […]
