Source: ETHWUSD Chart by TradingView
EthereumPoW (ETHW) is a hard fork of Ethereum blockchain with the Ethereum Merge. The Merge saw Ethereum transition to proof-of-stake, while the forked version remains on proof-of-work.
EthereumPoW was initiated in July 2022 and positions itself as the original Proof of Work Ethereum, developed and run by the community.
CryptoSlate Daily wMarket Update – Nov. 23: Resurgent Solana re-enters top 10
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Miners flee PoW tokens as token prices tank, GPU value flounders
Reports have revealed that the value of GPUs have dropped by as much as 40% in China since the Ethereum merge.
Ethereum PoW loses 200 WETH to Omni bridge vulnerability exploit
Omni bridge failed to validate the actual chainID before approving the transaction.
Grayscale Investment moves to sell all ETHPOW tokens
ETHE and GDLC funds will transfer ownership of 3,100,629 ETHPoW tokens to Grayscale Investment. The tokens will be sold when deep liquidity is developed for ETHW trading.
CryptoSlate Wrapped Daily: Bitcoin sinks 5% after CPI numbers; ETH PoW fork is expected Sept. 15
Canada's PM criticizes newly appointed pro-crypto conservative party leader for being irresponsible; Russia PM says the country must adjust to crypto by Dec. 19 and much more in this edition of CryptoSlate Wrapped Daily.
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