Ethereum is expected to move from a Proof of Work model to a Proof of Stake model on September 15th or 16th. This event, known as the “Ethereum Merge”, will increase security and scalability while greatly reducing energy consumption.
If you currently hold Ethereum, no action is required. Your assets remain secure and tradeable!
To learn more, check out our recent blog post: Ethereum Merge Set for Sept 2022: Everything We Know