Ethereum’s Shanghai upgrade made it easier to detect criminals By Cointelegraph

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Ethereum’s Shanghai upgrade made it easier to detect criminals

Published May 28, 2023 07:58PM ET Updated May 28, 2023 09:40PM ET

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Ethereum’s Shanghai upgrade made it easier to detect criminals

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With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether.

The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi) b) stablecoins c) Bitcoin (via wrapped versions of BTC) and d) non-fungible tokens (NFTs). With the upgrade, the network also began providing fixed-income assets.

Debanjan Chatterjee has more than 17 years of experience analyzing trends in financial crime using data science, including more than 13 years at HSBC. He holds a master’s in economics from India’s Delhi School of Economics.

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