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Search Results for: ethereum fork

Binance to Halt ETH Withdrawals and Deposits During Merge

Withdrawals and deposits of ERC-20 tokens will be halted during the merge. Binance clarified it would not be impacting spot trading for ETH and ERC-20 tokens. Binance, a prominent cryptocurrency exchange, has publicly declared its support for the upcoming Ethereum Merge. Binance, in a recent highlight of events, has updated

August 26, 2022 2 mins read

SudoRare NFT Marketplace Executes Rug Pull Hours After Launch

About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many users on Crypto Twitter expressed concern that SudoRare was a fraud, and now the exchange’s developers have apparently pulled the plug. About $820,000 worth of

August 23, 2022 1 min read

DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap

Singapore, Singapore, 7th August, 2022, Chainwire   DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token

August 7, 2022 3 mins read

Vitalik Buterin’s Deterministic Campaign for ‘The Merge’

The shift from PoW to PoS in the ethereum ecosystem has many supporters. Buterin expressed the thought that Layer 1 should be steady and Layer 2 should be evolving. Vitalik Buterin, Founder of Ethereum, while addressing the South Korea Blockchain Summit stated that he has been receiving enormous support for

August 6, 2022 2 mins read

Dogecoin Foundation Releases Update For Enhanced Integration

Michi Lumin, the key developer of the Dogecoin Foundation, said on August 5 that libdogecoin, a new upgrade, has been made available. With the libdogecoin upgrade, Dogecoin can now be easily and directly integrated into a wide range of different platforms. Although this feature isn’t new, it’s unusual that it

August 5, 2022 2 mins read

Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network

Dallas, Texas, 2nd August, 2022, Chainwire   New Cross-chain Interoperability via WanBridge Provides More Robust Options for Instant Settlement    Impel is pleased to announce today that bitcoin (BTC) has been added to its ISO 20022 financial messaging API as optional collateral for making payments. This addition enables BTC to

August 2, 2022 5 mins read

Top 5 Cryptos to Look Upon in August

The top 5 cryptocurrencies to watch this week are BTC, BNB, DOT, ETC, and FIL.  Filecoin climbed over 78.73% in the previous month. After witnessing a continuous huge crash, the global cryptocurrency market is now rising upwards. Along with Bitcoin, top altcoins also collapsed during the bearish conditions of the

August 1, 2022 3 mins read

 Is the Crypto Market Back on the Uphill Trend?

Market cap of BTC rose up to $438 billion after a 7.56% gain. According to CMC, the top gainers of the day are LDO, SNX,BCH, BTG and UNI. The crypto market has popped into the recovery path after a horrible episode of crashes over the past few months. It has

July 28, 2022 2 mins read

Metaverse Unit of Meta Records $2.8B Loss in Q2 2022 Report

During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook) Reality Labs, overseen by Mark Zuckerberg, suffered $2.8 billion in losses. This was disclosed in Meta’s second quarter 2022 earnings

July 28, 2022 2 mins read

U.S Federal Reserve Raises Interest Rates by 75 Basis Points

Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second time in a row, the Federal Reserve hiked its benchmark interest rate by whopping three-quarters of a percentage point to combat excessive inflation. In a

July 28, 2022 2 mins read