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Sarala

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.

Posts by Sarala

Ethereum Price Takes a Dive Prior to Merge Upgrade

Is Ethereum Being Rejected At $2k USD Price Level?

Bitcoin has climbed by 14%, while Ethereum has increased by over 39%. The whole crypto market holds 19% of the ETH dominance. The king of altcoin Ethereum (ETH) price has been backtracking over the last few days, as a result, ETH gained over 40% in the previous month. The price

August 17, 2022 2 mins read
Ethereum Secures the Smart Contract with Security Audit Solutions

Vitalik Buterin Votes to Burn the Stakes of Protocol Censors

Validators of the Beacon Chain, own 66% of the entire stake. Overall, 62% of voters voted to burn the stake. Today, Vitalik Buterin, a co-founder of Ethereum, joined part in a conversation on the social media platform (Twitter) titled, how will the Ethereum community respond if regulation is implemented through

August 16, 2022 2 mins read
Post Ethereum Merge New Blocks Creation Rate Surges

Ethereum (ETH) Price Pumps by More Than 70%

Ether rose 79% since last month prior to the Merge. Ethereum has a market cap of $243 billion. The Merge will commence on September 15. Today, Ethereum (ETH) outperformed Bitcoin (BTC) and reached a two-month high as the Ethereum network completed the Merge final test run before its upgrade. ETH

August 13, 2022 1 min read
Tornado Developer Arrested As its Network Shutdown

Tornado Developer Arrested As its Network Shutdown

Alexey Pertsev, a developer of Tornado Cash, was arrested by Dutch officials. Tornado Cash DAO reportedly went offline. Ethereum (ETH) network’s “Merge” has been ready for the switch to Proof-of-Stake (PoS), at this time Tornado Cash, a cryptocurrency mixing service built on the Ethereum blockchain has turned into a hot

August 13, 2022 2 mins read
Vauld

Indian Authorities Imposed a Frozen Order on Vauld Exchange Assets

The ED is investigating more than ten crypto exchanges in India. The move on Vauld comes after a Singapore court granted a three-month moratorium. On Thursday, India’s Enforcement Directorate (ED), the country’s economic crime division froze the troubled cryptocurrency exchange Vauld assets worth $46.5 million. The step was taken shortly

August 12, 2022 1 min read
Crypto Exchange Hotbit Halted Trading-Authorities Suspended Funds

Crypto Exchange Hotbit Halted Trading, Authorities Suspended Funds

Hotbit halted a withdrawals, following the asset freeze by legal authorities. Authorities have charged a former employee for criminal activity. The cryptocurrency exchange Hotbit has stated that the exchange suspended all trading, deposits, withdrawals, and funding on its platform. According to the exchange, law enforcement has subpoenaed several senior officials

August 12, 2022 2 mins read
Tornado Cash Sanctioned by U.S Agency Over Money Laundering

Tornado Cash-Linked User Accounts Have Blocked by dYdX Exchange

dYdX banned user’s accounts that utilized Tornado Cash. Many users had no awareness they had received money from the crypto mixer. The cryptocurrency exchange dYdX announced that it has blocked user accounts that even have a token link to Tornado Cash, the cryptocurrency mixing service that the U.S. Treasury sanctioned

August 11, 2022 2 mins read
U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

SEC Continues Stand Against Coinbase’s Crypto-Staking Program

Coinbase has received investigative subpoenas and requests from the SEC. Coinbase committed to a productive discussion with the SEC. The US Securities and Exchange Commission is investigating Coinbase Global Inc’s staking programs that made the exchange enable customers to receive rewards for holding particular cryptocurrencies. Coinbase disclosed this in its

August 11, 2022 2 mins read
Prominent Parachain Collaborating to DeFi Rising program on Polkadot

Prominent Parachain Collaborating to DeFi Rising program on Polkadot

The Polkadot network’s Acala suite of flexible financial products. Astar Network uses cross-consensus messaging (XCM). Acala, the leading DeFi network, and Polkadot’s innovation hub Astar Network are collaborating to boost DeFi on Polkadot. Effect of this collaboration, the top two parachains introduced The “Astar x Acala DeFi Rising” program to

August 10, 2022 1 min read