The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order to...Continue Reading

Kraft’s NFT and Metaverse trademarks cover a long range of potential services including a virtual restaurant where users can earn rewards and virtual assets. American food manufacturing and processing giant Kraft Foods Group has filed NFT and Metaverse patents for several of its popular brands.  The firm joins a host of mainstream companies such as...Continue Reading

Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals for users. Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped Bitcoin from...Continue Reading

The Pennsylvania-based pharmacist said he got the idea of using crypto to feed the homeless from science fiction movies such as the 2017 remake of Blade Runner 2049 and Justin Timberlake’s 2011 movie In Time. Pennsylvania-based pharmacist Kenneth Kim had always “wanted to do something with crypto” that could “make the world a better place”. ...Continue Reading

A researcher from the University of Nicosia elaborates on key controversies of decentralized finance. As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really decentralized if some individuals...Continue Reading

Bitcoin managed to bounce off a critical support and if the higher levels sustain, FTT, XTZ, KCS and HNT could attract buyers. Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip and the selling accelerated following a...Continue Reading

The lawsuit against Gemini is not about an exchange-traded fund, it’s about how a particular Bitcoin futures contract is being represented. On June 2, 2022, the United States Commodity Futures Trading Commission (CFTC) initiated an action against Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss. Among other things, the complaint alleges...Continue Reading

Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different? Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI). This is the last time $ETH went oversold on...Continue Reading

Bitcoin improvement proposals are an essential part of cryptocurrency governance. Learn here what they are and how they work. What are the types of Bitcoin improvement proposals (BIPs)? There are three main kinds of BIPs: standard, informational and consensus BIPs. Standard BIPs They identify standards used by Bitcoin software like wallets or exchanges and aim...Continue Reading

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block a crypto donation solution that provides an ecosystem for nonprofits and...Continue Reading