SummaryOne of the most anticipated and important developments in crypto history is happening in September.The Ethereum merge will affect the second largest blockchain network by market capitalization ($200B) with nearly $40B in value locked in decentralized finance (DeFi) projects.The suite of CME Group Ether futures and options are expected to trade throughout the transition.By Payal ShahAt a Glance The Ethereum merge may be a defining moment for crypto as it will be the first time that a blockchain changes its consensus mechanism. The suite of CME Group Ether futures and options will continue to trade throughout the Ethereum merge transition, expected to happen on or around September 15 One of the most anticipated and important developments in crypto history is happening in September. The Ethereum (ETH-USD) merge will affect the second largest blockchain network by market capitalization ($200B) with nearly $40B in value locked in decentralized finance (DeFi) projects, when it changes its block consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS).A Defining Moment for CryptoVirtual currencies like bitcoin and ether are built on widely agreed “consensus rules,” used to evaluate whether transactions on their respective blockchains are valid. Any proposed change, upgrade or fork to these consensus rules must be agreed to and implemented by all network stakeholders (developers, miners, validators, etc.) for the sy...
$285 Million in Bitcoin Shorts Wiped Out
