Apr 16, 2021

Ethereum hosts Berlin hardfork

On April 15, a Berlin hardfork took place on the Ethereum mainnet at block #12 244 000.  In anticipation of the event, the price of the asset renewed its all-time high above $2 460, and open interest in futures reached a record $8.1 billion.

Berlin has implemented four proposals for improving Ethereum, including a change in the gas price calculation algorithm (EIP-2565 and EIP-2929), as well as new types of transactions (EIP-2930 and EIP-2718).

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Risk Awareness

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Trading or holding funds in cryptocurrencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation. Use EUPi stable coin to secure your funds from market volatility.