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According to Ethereum Foundation, it takes about 15 mins for an Ethereum block to finalize. “Finality” refers to the guarantee that a block cannot be modified or removed from the block chain without burning at least 33% of the total staked ETH. advertisement Also Read: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity Ethereum Clients Announce Fixes For Finality Issues Prysm Ethereum Client announces the v4.0.3-hotfix on May 13. The release contains the necessary optimization to prevent the Beacon Chain node from high resource usage during turbulent times. The client has highly recommended Ethereum node operators to upgrade their node if it’s under heavy resource usage. According to Prysm, an increase in validator sizes and untimely old attestations stresses the nodes’ CPUs and bloats memory usage. The release will make a node ignore attestation for an old target and prevents issues in the future. ...

ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum. Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark.  Ether/USD price index, 2-day. Source: TradingView If Ethereum price were to break above $1,600, it would return Ether to a top-60 global tradable asset, surpassing giant multinational companies like Nike (NKE), Novartis (NVS), Cisco (CSCO) and Toyota (TM). Unfortunately, at least for bullish traders, derivatives markets are not hinting that Ether will finally break the $1,600 resistance — at least, not until the U.S. Federal Reserve reverses its course of tightening the economy. Bulls' frustrations can partially be explained by Silvergate Bank's $1 billion net loss in the latest...

The Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants. 2022 proved to be a fruitful year for Ethereum Name Service, with the platform recording 2.2 million registered domains despite unfavorable market conditions for the cryptocurrency space. According to the service, over 80 percent of the total ENS domains created since the project's inception were registered in 2022. Data from Dune Analytics shows that ENS has around 2.82 million names registered as of Jan. 2, with 630,340 owners of ENS domains. Happy New Year everyone! 2022 was an incredible year for ENS! Over 2.2m ENS names were registered in 2022 (that's 80% of ALL names created) If you're ready for 2023, drop your ENS below — ens.eth (@ensdomains) January 1, 2023 As Cointelegraph previously explored in an exclusive interview with ENS founder Nick Johnson, the service allows users to map human-readable names ...