Ethereum, the world’s second-largest cryptocurrency by market capitalization, has crossed the $2,000 mark for the first time since August 2022. The price surge followed a successful upgrade to full Proof of Stake (PoS) through the Shapella unlock upgrade, removing a significant hurdle to the repricing of the new eth tokenomics. Successful Upgrade to Full Proof of Stake (PoS) The successful upgrade to full Proof of Stake (PoS) through the Shapella unlock upgrade is a significant…
Binance, one of the world’s largest cryptocurrency exchanges, has announced its support for the upcoming Shapella upgrade on the Ethereum (ETH) network. This upgrade is scheduled to take place at epoch 194,048, estimated to occur on April 12th, 2023, at 22:27 (UTC). Binance will handle all technical requirements for users holding ETH, OP, ARB, and ERC-20 tokens in their accounts. However, deposits and withdrawals for these tokens via the Ethereum, Optimism, and Arbitrum networks will…