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Ethereum Network Secured by Record $52 Billion Worth of ETH

The Ethereum network now has $52.3 billion worth of ETH securing it, making it harder for attackers to gain control. This is due to the migration to proof-of-stake consensus, which relies on stakers for security. The Ethereum ACDE call discussed plans for DevNet 8 and adjustments to Deneb/Cancun EIPs, with various teams working on new software releases for the launch in the first week of August.

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