#blockchain

The Merge stands as a pivotal moment in the crypto world. It signifies the integration of the Ethereum mainnet with a distinct PoS blockchain known as the Beacon Chain.

After the announcement that MakerDAO intends to roll out a new version of its platform on Solana, Anatoly Yakovenko suggested this shouldn't be viewed as a challenge to Ethereum. In his perspective, MakerDAO's move accentuates the merits of open-source solutions rather than the superiority of one blockchain over another, especially given Ethereum's pivotal role in research for numerous developers. "Ethereum is awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make Solana special were built based on Ethereum’s r&d," commented the Solana co-founder. Meanwhile, Ethereum co-founder Vitalik Buterin has sold all his MKR tokens for 353 ETH.

Shibarium, the Layer 2 blockchain by Shiba Inu's creators, is back in action. After a temporary shutdown due to scalability issues, the team has reopened withdrawals on its bridge to Ethereum. The pause initially locked millions in user funds and caused community unrest. Now, the mainnet and bridge are fully functional, allowing withdrawals of various assets like SHIB, LEASH, and WETH within 45 minutes to 3 hours. BONE token withdrawals are also back but may take up to 7 days.