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
Over 10,000 token holders make up Apollo DAO. Around $200 million was trapped in the Apollo DAO network upon its inception. Simultaneously with the issuance of an arrest order for Terra co-founder Do Kwon by a South Korean court, Apollo DAO, a decentralized autonomous organization built on the Terra blockchain,
A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sanctions list. A ransomware gang linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) has been sanctioned by the United States Treasury’s Office of Foreign Assets
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
For a long time, members of the Ethereum community have touted the Merge as a significant improvement to the network’s underlying infrastructure. In addition to mitigating the network’s negative effect on the environment, PoS will provide Ethereum’s native ether (ETH) token with a new use case: staking. Due to the
This is the first of many planned big updates for Ethereum. Switching from proof-of-work to proof-of-stake was not easy task. Years of planning and delays have resulted in the successful completion of the Merge, a significant makeover of Ethereum that will move the network at the heart of the second-largest
The Securities and Exchange Commission (SEC) of Thailand is launching additional procedures concerning the operations of crypto operators as the cryptocurrency industry develops. According to reports, the Thai SEC is aiming to limit or prevent crypto operators from providing digital asset depository services and from paying out profits on customers’
Crypto traders in India shifted to the Binance exchange, to avoid paying taxes. In August, the number of downloads of Binance’s app in India increased to 429,000. The leading crypto trading platform, Binance is strengthening its hold in the Indian market. According to recent reports, since the Indian government started
Staking Solana is also now possible via the Trust app. Recently, Trust also added support for linking up with Binance. A developer for Trust Wallet announced today that it now works with Solana decentralized applications. To access the best Solana dApps, users may now use their mobile device’s dApp browser
Binance hopes to recruit two hundred new employees before the end of the year. Already, 150 people have employed to run the exchange in Paris. During Binance Blockchain Week Paris 2022, Binance CEO and founder Changpeng Zhao (CZ) gave a keynote address. During his talk, CZ praised the planned MiCA
