Earlier on Thursday, the Ethereum blockchain – which underpins the world’s second largest cryptocurrency – changed its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), doing away with the need for energy-intensive computing power. Bitcoin, […]
Aptos, staffed by former Facebook employees, is building a layer 1 blockchain using parts of the tech built for Facebook’s defunct Diem stablecoin project. It is approaching a mainnet launch expected for later this year […]
The Ethereum Merge went live this morning. With it, the Ethereum blockchain is moving from Proof-of-Work (PoS) to Proof-of-Stake (PoS) protocol. Thus, cryptocurrency miners have been forced to turn off their computers or possibly switch […]
Computing power on the Ethereum Classic (ETC) and Ravencoin (RVN) networks, or hashrate, has nearly doubled a few hours after mining was rendered obsolete on the Ethereum network, which underpins the world’s second-largest cryptocurrency by […]
“Happy Merge Day. Historic day in Crypto as the Merge completes successfully and somewhat uneventfully, which is a testament to ETH Devs,” over-the-counter institution-focused tech platform Paradigm said in its Telegram broadcast, taking note of […]
Still, Behnam praised the legislation and its plan for additional agency funding that will allow the CFTC to “move swiftly” to establish the new oversight over digital commodity assets, which the courts, lawmakers and regulators […]
As Alameda Research becomes one of the digital token market makers globally, there are growing concerns over its close ties with FTX, the world’s second-largest cryptocurrency exchange. Although no impropriety has taken place, the growing […]
The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as […]
“The best diagram I’ve seen looks sort of like what you see in subway stations,” said Richard Smith, CEO of fintech investing tool RiskSmith and a specialist on market risk and uncertainty. “You have maps […]
Recently, the market has seen a strong correction due to the Bitcoin price bull run of the past several days. On December 7, 2020, the price hit a low of $19,030.09, which is considered to […]
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