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The Ethereum network experienced an update in mid-September 2022. Colloquially termed ‘the merge’, this update involved transitioning the network’s consensus mechanism to proof of stake. The consequences of this change offer both opportunities and risks for investors.
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The Ethereum network created a decentralised peer-to-peer network architecture where trust was decentralized. Now that the merge is complete, what’s changed?
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A big misconception about DeFi (decentralized finance) is that it’s grounded in the lawless Wild West and can operate outside of a regulatory perimeter. The truth is, however, that when new technologies reach critical mass, regulations can serve as guardrails to manage the risks. 
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