CFTC Sees ‘Significant Risks’ From Digital Assets 

Rocket Pool Launches rETH On zkSync Era

Hello Defiers! Here’s what we’re covering today:

The Merge Goes Live in Historic Upgrade for Ethereum

Miners Pile Into Ethereum Classic Minutes After Merge as Hashrate Spikes 71%

What The Merge Means For Proof-of-Work Miners

All The ETH On Aave Borrowed Ahead Of The Merge

Compound Treasury Launches Institutional Lending Service

Listen to the exclusive interview with Stani Kulechov in this week’s podcast

“And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.” : Vitalik Buterin

Two reasons why Vitalik Buterin is worried about Bitcoin’s long-term health: The Block

Ethereum ‘Merge’ concludes in key moment for crypto market: The Financial Times

U.S. Permits Tornado Cash Users to Access Crypto Deposits

Macro Trumps The Merge As Crypto Dives After Hot Inflation Data

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After Years of Toil and Tests Ethereum Shifts to Proof of Stake and Sets Stage for Further Changes

It’s done. The Merge was activated at 6:43 AM UTC time. The long-awaited upgrade to Ethereum occurred at block height 58,750,000,000,000,000,000,000, unifying the Proof of Stake, ‘Eth2’ Beacon Chain consensus layer with the Proof of Work mainnet and execution layer.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Proof of Work Miners Seek Haven in Ethereum Classic as Main Network Goes PoS

 It only took minutes for Proof of Work miners to flock to Ethereum Classic after The Merge activated at 6:43 UTC on Thursday morning. With Ethereum no longer reliant on mining as it changed to the Proof of Stake consensus mechanism, the hash rate of the Ethereum Classic network is at a record 106 terahashes per second (TH/s).

Trailing Stop now available to MakerDAO and Liquity users

, an all-in-one dashboard for sophisticated DeFi management.

A trailing stop is a dynamic type strategy that allows users to configure a percentage drop from peak market value that would trigger the full closing of a position once reached. While with a standard Stop loss, a position would get closed at a fixed price, a 

Trailing stop actively follows any upward market movements by the set percentage, instead continuously increasing the stop price.

The new strategy is another in the series of automated trading strategies introduced to MakerDAO and Liquity by DeFi Saver, following Stop loss and Take Profit. Setting up is straightforward. Existing Maker and Liquity users need to visit DeFi Saver and switch to the Automate tab in the dedicated protocol dashboard. Users just need to input the percentage that they want the stop price to be below the reached market peak and to select the asset to which they want their position to be closed (e.g. collateral asset or debt asset).

A trailing stop is a great method to reduce losses or lock in profits. For example, when one is using these lending protocols to go long on ETH. It’s recommended to combine a trailing stop with a standard stop loss to further minimize potential losses in case of a market downturn. Users can find both of these options available in the dedicated protocol dashboards within the 

Check out the new Trailing Stop automation for Maker and Liquity by 

Ethereum Classic’s Hash Rate Is At An All-Time High

 Ethereum is not the only chain changing this week. Rival Proof-of-Work (PoW) chains are also being disrupted by The Merge. The upgrade boots PoW miners off the Ethereum network in favor of Proof-of-Stake (PoS) validators, displacing an estimated 

 worth of mining hardware. As a result, some miners have banded together and pledged to fork Ethereum and maintain the chain using Proof of Work consensus under the ticker ETHW.

Investors have borrowed 100% of the ETH available on Aave, a DeFi 

 with $6.5B in total value locked according to 

. That’s around 643,660 ETH worth over $1B as of Sep. 14.

Offering Latest Push in Revival of Crypto Lending

 Compound Treasury, a business that streamlines access to the Compound DeFi lending protocol on behalf of institutional clients, announced a new 

 during Unfinished Live. Camila Russo will sit down with Alex Zhang, Mayor of Friends with Benefits, to discuss all things DeFi. Don’t miss 

, and nearly 100 more, next week at The Shed in NYC. Use code 

A Step-by-Step Guide to the ‘Internet of Blockchains’

 When it comes to decentralized finance, the networks that make it run are divided into layers. What lies below Layer 1 blockchains are made up of stalwarts such as Bitcoin or Ethereum. Layer 2 networks comprise next-generation projects such as Aribitrum. And Layer 0 networks may be the least understood.

And we finalized!



Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.



— vitalik.eth (@VitalikButerin) 

Ethereum co-founder Vitalik Buterin is worried that Bitcoin’s level of security is not going to be strong enough in the years to come.

Ethereum has completed a long-awaited upgrade to its system in a move expected to slash its energy costs and intended to prepare the ground for more use of crypto technology in mainstream finance.

U.S. residents with crypto trapped on Tornado Cash may now apply for a license from the U.S. Treasury Department to retrieve their funds.

Whether you’re a shrimp or a whale, there are multiple ways you can contribute to and earn from the Ethereum network after the merge. In this video we’re taking a look at the options you can consider.

Hello Defiers! Here’s what we’re covering today:

The Merge

The Merge Goes Live in Historic Upgrade for Ethereum

Miners Pile Into Ethereum Classic Minutes After Merge as Hashrate Spikes 71%

What The Merge Means For Proof-of-Work Miners

News

All The ET...

🤗 The Merge Goes Live in Historic Upgrade for Ethereum