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On the other hand, the Ethereum network recorded robust activities despite the imminent transition to Proof-of-Stake, which may ultimately mark the end of the current Proof-of-Work consensus. ETH hash rates soared past the May peak to an all-time high of 611 TH/s.
Movie screens and the crypto scene. Perhaps we all remember the moment when crypto made its way to prime time television — you know, back when HBO’s Silicon Valley digs at ICO mania or when the geeks on TBBT came to the realization that they once owned hundreds of bitcoins. (Well, those were the days). Now, there is a full-fledged TV series centered on modern cryptocurrency culture, produced by Emmy-nominee Rob Weiss. The show, titled Hold On For Dear Life, a backronym for HODL (a typo-turned-motto among Bitcoin maximalists) would likely resonate profoundly with the crypto community. And, get this, the show is written by the pseudo-anonymous crypto insider Suhh Toshee (as if I have to spell it out for you). Now, pass the popcorn!