Cryptoverse: Ether holds its breath for the lean, mean ‘merge’

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By Gertrude Chavez-Dreyfuss (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. That’s the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It’s elusive. The merge was supposed to happen years ago but has been delayed several times, with developers most recently axing plans to push the button in June, unnerving investors who began to fear it might never see the light of day. Now though, market players are betting that the end of t…

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