Ethereum Merge

The Ethereum blockchain is moving from proof of work to proof of stake, one of the biggest events in crypto and blockchain history, and although there won't be any literal fireworks, true believers in Ether are celebrating anyway.

It's known as "The Merge" and marks the moment when Ethereum changed from a system that required the blockchain's "validators" to solve a computing problem to simply staking ETH tokens as collateral.

More than 99 percent of the network's energy usage will be reduced as a result of this change.