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News A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July.  Ethereum lead developer Tim Beiko previously teased that the decision would be made today two weeks ago, and proposed the inclusion on the Core Developers call today. There were no verbal objections.  “We’re in a spot where the EIP is sound,” said Beiko on the call. “[...] We’re in a spot, I think, where it’s ready to be included in an upgrade.” The proposal, co-authored by Ethereum cofounder Vitalik Buterin, will...

Ethereum posts new highs as DeFi gas fees go through the roof With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased above $1,000. 43340 Total views News Ethereum’s gas fees are again spiking to record highs, rendering many decentralized finance protocols unusable for casual investors. After increasing roughly 20% in the last 24 hours, average Ethereum transaction fees are now sitting at a record $17.67. With many DeFi projects requiring the execution of complex smart contrac...