The United States government should limit energy-intensive mining as per a study. Several mining pools saw a decline in activity after Ethereum’s switch. Having seen Ethereum’s successful switch to the proof-of-stake consensus, miners were forced to explore other opportunities. Since Ethereum’s infancy, Ethereum’s developers have encouraged miners to switch to
September 18, 2022 2 mins read
Bukele is also responsible for El Salvador’s Bitcoin purchasing binge. Global markets credit research, Fitch lowered El Salvador’s debt rating from CCC to CC. El Salvador’s current president, Nayib Bukele, has reportedly declared his intention to run again in 2024. El Salvador was one of the nations whose highest court
September 16, 2022 2 mins read
President Joe Biden had ordered government agencies to assess cryptos’ pros and cons. A digital dollar might pave the way for a payment system as per the framework. With widespread cryptocurrency use on the increase, officials have been keeping a close watch on the industry. For example, SEC Chair Gary
September 16, 2022 2 mins read
The Ethereum price dropped below $1,500 today for the first time in almost a week. After the overnight merge, the price of ETH initially remained quite stable. Technically, the Ethereum merging went through without a hitch, but despite the switch to a greener consensus process, some investors may be losing
September 15, 2022 2 mins read
The investigator will also review the rationale behind the April service shift. Previously, the U.S. Trustee mentioned the lack of clarity around few accounts. A move to appoint an independent examiner to probe portions of crypto lender Celsius’ operations was granted by the federal court supervising Celsius’ bankruptcy case. The
September 15, 2022 2 mins read
Developers of Web3 projects will have access to the technical subject matter experts. Access to Web3 developer courses, Google Cloud training and certifications possible. Binance BNB Chain, a blockchain platform for smart contracts, has teamed with Google Cloud to help both Web3 and blockchain startups. To support their BNB Chain
September 14, 2022 2 mins read
After failing to achieve “product market fit,” the founder of Rentable, a non-fungible token (NFT) platform that allows users to rent out their NFTs, has announced today that the network would be closing down. The ability to make rentals has been suspended, however, users have until October 13 to complete
September 14, 2022 2 mins read
Peiter Zatko, Twitter’s former top security officer, will testify in upcoming hearing. Twitter CEO Parag Agrawal has also been invited to testify by senators. The world’s wealthiest man, Elon Musk, has backed out of a $44 billion bid to acquire Twitter, citing a whistleblower as the reason. However, in an
September 13, 2022 2 mins read
The upgrade is being released in anticipation of Ethereum’s planned switch. Opera’s standalone Crypto Browser debuted in January of this year. The Opera Crypto Browser is a Web3 browser that was designed to be compatible with many different kinds of decentralized applications (dApps). It currently works with third-party wallets like
September 13, 2022 2 mins read
The date range for “the merge,” as the event is being called, is September 15th to the 20th. Investors who are restricted from acquiring PoW-based crypto may be free to acquire ETH. According to a Bank of America study, institutional investment in cryptocurrencies may increase after the forthcoming Ethereum Merge
September 12, 2022 2 mins read
