The Bellatrix upgrade was the last major upgrade before the Ethereum Merge, which will transition the network’s consensus mechanism to proof-of-stake. The Bellatrix upgrade preparing Ethereum for the Merge was successfully completed on Sept. 6 – however concerns were raised over an almost one in ten missed block rate across the last 600 slots. The...Continue Reading

KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market. Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder...Continue Reading

While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief...Continue Reading

Data from March reportedly showed the largest number of U.S. trademark filings in 2022, with 1,078 for NFTs, 604 for cryptocurrencies, and 759 for the metaverse. The number of U.S. trademarks filed related to cryptocurrencies, nonfungible tokens, Web3, and the metaverse since January have reportedly passed those in 2021. According to data compiled by intellectual...Continue Reading