Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Merge Test
Ethereum 2.0 Upgrade Not to Occur By June, Says Lead Developer
Tim Beiko – a leading Ethereum development coordinator – has stated the network will not implement proof of stake by June. This contradicts Vitalik Buterin’s development timeline from January, where he claimed that it should be in place by Q2 2022. Another Delay for the Merge Delays to Ethereum 2.0 are hardly unprecedented. Developers expected the upgrade to be in place within 2 years of the project's launch in 2015. Vitalik now admits to having been dead wrong about that…
10 months ago 
1.6 k views
Ethereum Successfully Deploys Merge Test on Shadow Fork
The Ethereum team has successfully developed a test for "The Merge" on a private mainnet, marking a significant step toward realizing Ethereum 2.0. Merge Testing on Shadow Fork Yesterday, Ethereum engineers launched a critical Merge test in preparation for the Ethereum network's upgrade to Ethereum 2.0. Ethereum 2.0 represents the network’s consensus switch from the current Proof of Work mechanism to Proof of Stake. According to core Ethereum developer Tim Beiko, Ethereum’s Merge Test was successfully deployed on a private…
10 months ago 1.9 k views