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Search Results for: Cryptocurrency

Ethereum (ETH) Price Drops 8% Despite Successful Merge

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

U.S OFAC Sanctions Wallet Addresses of Ransomware Group

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

September 15, 2022 2 mins read

U.S Court Approves Independent Examiner in Celsius Case

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

Aergo (AERGO) Price Prediction 2022 — Will AERGO Hit $1 Soon?

Bullish AERGO price prediction is $0.3218 to $0.7873. Aergo (AERGO)price might also reach $1 soon. Bearish AERGO  price prediction for 2022 is $0.0933. In Aergo (AERGO) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about AERGO to analyze the future movement of the cryptocurrency.  Aergo

September 15, 2022 9 mins read

Ethereum Merge Completes and Next is Cardano Vasil Hard Fork

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

September 15, 2022 3 mins read

Ethereum Merge is Finally Completed, Vitalik Buterin Made it!

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

September 15, 2022 3 mins read

ETH Miners Left Disappointed After Successful Transition to POS

Today, most cryptocurrency is mined at specialized facilities known as “farms.” To add its transactions to Ethereum’s distributed ledger, a validator must stake ETH. Introduced in 2015, Ethereum builds on Bitcoin’s foundation by introducing smart contracts, or code that operates on the blockchain like a global supercomputer to store information.

September 15, 2022 2 mins read

ETH Merge Will Reduce Global Electricity Consumption by 0.2%

 Ethereum has successfully switched from PoW) consensus method to the PoS consensus mechanism. Merging will result in a 0.2% decrease in global electricity consumption. As The Merge goes live, Ethereum has successfully switched from the proof-of-work (PoW) consensus method to the proof-of-stake (PoS) consensus mechanism, considerably increasing the network’s sustainability. 

September 15, 2022 1 min read

Thailand SEC Announces New Rules For Crypto Operators

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’

September 15, 2022 2 mins read

Binance Obtained a Massive Growth in Indian Market

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

September 15, 2022 2 mins read