According to the source, a social media post claims Ethereum’s Fusaka fork is live on the Hoodi testnet with a Dec. 3 mainnet target; this information is not confirmed by official Ethereum channels (sources: social media post; blog.ethereum.org; github.com/ethereum/pm). Traders should wait for confirmation via an Ethereum Foundation blog post and coordinated client release tags specifying the fork name and mainnet block number before adjusting ETH spot or derivatives exposure (sources: blog.ethereum.org; github.com/ethereum/go-ethereum/releases; github.com/NethermindEth/nethermind/releases; github.com/hyperledger/besu/releases). Key verification steps include checking AllCoreDevs notes, testnet activation reports, and client version announcements from core teams; trades based solely on unverified posts carry elevated headline risk (sources: github.com/ethereum/pm; client release pages; Ethereum client teams).

According to BitMEX Research, the notion that hard forks result in large blocks instantly is a myth. They explain that for a hard fork to support larger blocks, users need to upgrade their systems, similar to the SegWit upgrade. The misconception lies in the assumption of an immediate upgrade for a hard fork compared to a slower process.