THE HASH: The Ethereum Network Successfully Runs Final Test of Upgrade Causing ETH to Rise Two-Month High, Outperforming Bitcoin
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 11 August 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Thursday, Aug. 11, 2022.
"The Hash" team discusses its excitement about the Ethereum networks’ final test of its upcoming upgrade. Mailchimp apparently “de-platformed” the accounts of several crypto-related firms, according to the affected outlets. And another story, the team breaks down further is one week after announcing a partnership with Coinbase, BlackRock, the world’s largest asset manager, is releasing a spot bitcoin (BTC) private trust for U.S. clients.
See also: Ether Tops $1.9K as Ethereum Runs Final 'Merge' Rehearsal
Email Marketing Firm Mailchimp Suspends Several Crypto-Related Accounts
BlackRock, Fresh Off Coinbase Tie-Up, Offers Direct Bitcoin Exposure
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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:09.8 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more, |
| 0:14.6 | with stories that matter to the crypto world, all on the hash for your ears. |
| 0:20.3 | You're listening to the Coin Desk Podcast Network. |
| 0:25.1 | Hello, everyone, and welcome to The Hash. I'm Jensenassie. We got Adam B. Levine and Will Foxley |
| 0:31.5 | on today's show. As you know, on the hash, we bring you the latest and greatest in crypto and culture. |
| 0:38.3 | And the latest is big news with Ethereum this morning. |
| 0:41.3 | They pulled off their final dress rehearsal ahead of the merge and the price has gone soaring. |
| 0:48.3 | So I think we hit our all-time high in the past two months. |
| 0:52.3 | Will tell us about what is going on. |
| 0:55.6 | Yeah, totally. |
| 0:56.5 | For a second, I thought you're going to say that they actually did the merge. |
| 0:59.8 | I was like, no, not yet. |
| 1:00.9 | But so close, we actually got. |
| 1:02.3 | Yeah, I know. |
| 1:03.1 | We got a nice date. |
| 1:04.4 | Yeah, we got a date from them finally, a terminal difficulty. |
| 1:07.3 | So essentially what this means is like at a certain point in the future at a block high, |
| 1:12.1 | Ethereum will change from proof of work, proof of stake. It's a two-part upgrade. We found out this |
| 1:18.1 | morning what the date is going to be. It's going to be early September. First day, I think is the |
| 1:22.2 | 11th. And the second date is the 14th and 15th. And this depends on a few things, including |
| 1:27.1 | hash rate, other people involved in the network. |
... |
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