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Just under an hour ago, when Orion.Money uploaded the V22 code to their platform, Luna Classic officially passed the 66% validator threshold needed to approve transactions and run the network. Since the fall of Terra Luna (now Luna Classic) on May 9, 2022, the entire crypto world has been living on the brink of total demise. Terra UST’s depeg sent a cosmic shockwave to the crypto galaxy, causing the collapse of companies like Celsius, Three Arrows Capital, Voyager Digital, and more.

Ethereum co-founder Vitalik Buterin recently stated that the team is working on five long-term phases to enhance the overall functionality of the network, with the long-awaited merger being the first thing on the schedule. Vitalik Buterin said the merger is 90% complete and just needs to be tested on Ropsten, and that it will "happen very soon." The 9th shadow fork went live recently, marking the start of the final testing phase of the merge. After the merge happens, validators are free to start withdrawing their ETH locked in the deposit contract.

The most important event in the industry in 2022 is the collapse of FTX Group. SBF has suddenly degenerated from a huge ecological builder, a star darling in the eyes of regulators and traditional capital, to a crazy, fraudulent and even drug-addicted criminal. Fortunately, it couldn't fool more people; too bad, it wasn't exposed sooner.

Before you start mining cryptocurrency, you should prepare something for it. When everything is ready, mining becomes fairly easy because everything happens automatically. All that remains is to pay the electricity bill at the end of each month.

At about 14:42 on September 15, Beijing time, Ethereum officially completed the merger. Ethereum triggered the merger mechanism at the block height of 15537393, and produced the first PoS block at the height of 15537394. Ethereum officially changed its consensus from PoW to PoS mechanism.