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Ethereum Merge Buyers Turn Into Sellers as Trouble-free Upgrade Underwhelms
15.9.2022
The price of ethereum has fallen by 1% in the past hour and by the same percentage in the past day, with the now-completed Merge failing to spark a bull market as some had anticipated. ETH had increased to as much as USD 2,000 in mid-August as investors became excited about the second-biggest...
Thai SEC intends to ban crypto lending in the country
15.9.2022
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
HashGuild NFT Marketplace Is Now on the Hedera Network
15.9.2022
HashGuild is now on the Hedera Network, according to the blog post published by the HBAR Foundation. The entry of HashGuild further strengthens the position of the Hedera Network in the NFT ecosystem through a seamless user experience, high speed, and low fees. In other words, HashGuild provides...
Foreigners to Be Given Anonymous Entry Points to Digital Ruble, Russian Official Suggests
15.9.2022
Foreign nationals should be able to buy Russia’s upcoming digital ruble through entry points providing anonymity, according to a high-ranking member of the Russian parliament. The idea circulated in Moscow aims to protect these investors from Western sanctions. State Duma Deputy Proposes...
Norwegian town wants 'noisy' Bitcoin miners out, experts respond
15.9.2022
A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns
Transfero Introduces Digital Brazilian Real to Avalanche
15.9.2022
Transfero has brought the Digital Brazilian Real to the doorstep of Avalanche. This ambitious launch with far-reaching and all-around positive influence will be instrumental, for Avalanche dApps, in suitably connecting with the entire population of Brazil, bordering around 215 million people....
CZ Seals the Binance Love Affair With France - Says Paris is ‘Financial Hub for Crypto’ in Europe
15.9.2022
France and the leading cryptocurrency exchange Binance have continued to deepen their relationship through collaboration. Changpeng Zhao, founder and CEO of Binance, has described France's capital Paris as the financial hub of crypto in Europe. ...
Read More: CZ Seals the Binance Love Affair With...
ETH Borrow Rate Spikes to 190% Ahead of the Anticipated Merge
15.9.2022
As crypto enthusiasts await the Ethereum proof-of-stake Merge, the crypto is creating immense ripples in the market. Aave, a lending protocol with 6.5 billion dollars in TVL, emptied its Ethereum reserves to borrowers. The protocol witnessed a whopping 190% jump in ETH borrow rates as investors...
How does tokenization help transform illiquid real estate ownership into a liquid one?
15.9.2022
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties
Community celebrates the Merge by dropping ETH-inspired art and music
15.9.2022
Vitalik Buterin, the co-founder of Ethereum, tweeted a message to thank everyone that helped make the Merge happen
Ethereum Blockchain Migrates to Proof of Stake After Completion of The Merge
15.9.2022
The Ethereum blockchain officially migrated to the proof-of-stake (PoS) consensus mechanism as the anticipated “Merge” finally occurred around block height 15537391 on September 15. The protocol’s co-founder Vitalik Buterin has described The Merge as “a big moment...
Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
SEC Chair Gary Gensler Has a 'Flexible' Way for Tokens to Register - Is this Good News for Crypto?
15.9.2022
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), is intensifying the regulator’s work on extending regulation over the crypto industry. In his latest testimony at the U.S. Senate, the official declared he has a 'flexible' way for tokens to register with the agency, but...
Ethereum co-founder Vitalik Buterin celebrates the Merge: ‘Dream for years’
15.9.2022
Moments before the big Ethereum Merge took place, co-founder Vitalik Buterin shared his excitement and PoS vision with the community
GBP/USD Reaches 1.1500 With UK Politics and Brexit Testing Buyers
15.9.2022
The week started well for the Britain Pound Sterling, but the currency does not appear to be holding its progress. Wednesday witnessed the GBP/USD pair falling back to 1.1500, fading its corrective bounce off the weekly low. Most UK forex brokers believe the reason behind this dip to be...
OKC Announces IBC Transfers, OKC Bridge, and OKC Swap to Boost Interoperability
15.9.2022
OKC looks forward to adopting a multi-chain approach while enabling seamless cross-chain transactions. The objective is to boost interoperability, and for the same purpose, the platform has announced three new features, namely IBC Transfers, OKC Bridge, and OKC Swap. Projects are already being...
South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation
15.9.2022
South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.
Munhwa Ilbo reported that the Seoul Southern District Prosecutors’ Office has asked the Ministry...
Ethereum Merge Live: Latest News and Updates
15.9.2022
The Ethereum Merge blockchain upgrade begins the transition to a Proof-of-Stake consensus system – it is a momentous occasion for crypto.
Cryptonews is covering events today with live updates of progress.
To keep you in the loop, here's the Ethereum Foundation’s Mainnet Merge viewing party....
Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
15.9.2022
The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system