Two influential figures in the cryptocurrency space unpack their individual journeys to understanding the promise of proof-of-stake as The Merge approaches for Ethereum. Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming move from a proof-of-work (PoW) to...Continue Reading
Experts believe that miners are hoarding more ETH in anticipation of price surges and forked PoW tokens. The Ethereum Merge is slated for Sept. 15, which will see the Ethereum blockchain move from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge is being touted as one of the biggest upgrades for the Ethereum blockchain as...Continue Reading
The decision on the civil lawsuit might affect a trial court in South Korea. The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who has originally accused the owner of...Continue Reading
A panel discussion hosted at Surfin Bitcoin, France, illustrated that while Bitcoin works for those in need, more education is required. Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference...Continue Reading
The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises. Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns. BTC price double-bottom and then to $30K? The...Continue Reading
As major economies of the world grapple with high inflation, investors could protect their savings from value erosion by investing in stablecoins. Just when the global economy largely recovered from the crippling effects of the COVID-19 pandemic, geopolitical tensions and the resultant supply chain pressures have once again roiled financial markets across the world. Furthermore,...Continue Reading
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating the Busan Digital Asset Exchange as...Continue Reading
Bitcoin difficulty completes its largest single upward readjustment since January, with average hash rate eyeing new all-time highs of its own. Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs. Bitcoin seals biggest difficulty jum since start of 2022 Despite the recent BTC price drawdowns, Bitcoin’s...Continue Reading
The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents that prove the exchange’s adherence to...Continue Reading
The NFT offering is part of a promotion celebrating the launch of Web3 marketplace Crypto Competitions. Australians may not ever see their nonfungible tokens (NFTs) take them “to the moon,” but they might be able to get to the next best place — the edge of space. Crypto Competitions, an Australia-based Web3 sweepstakes startup, has...Continue Reading
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