Why DeFi Speculators Are Borrowing Ethereum as Merge Looms

bitcoin September 10, 2022 Ethereum Leave a comment 7 Views

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster)

With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated upgrade.

Bounty hunters are on the lookout for any bugs in the code; blockchain firm ConsenSys is launching so-called “sustainable” NFTs to celebrate the occasion; and crypto exchanges are making room for another potential fork of the Ethereum blockchain.

DeFi degens are also keeping a close eye on…


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