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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
Magic Eden defends launch of NFT royalty enforcement tool
15.9.2022
MetaShield works by enabling creators to flag an NFT or blur the image if the listed or traded NFT bypasses creator royalties
Report: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves
15.9.2022
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies...
Michael Saylor slams "misinformation" about Bitcoin's energy use
15.9.2022
Michael Saylor claims Bitcoin mining could become a clean, profitable, and modern industry that generates hard currency for remote locations in the developing world
Celsius bankruptcy judge gives the nod for independent examiner probe
15.9.2022
Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
15.9.2022
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees...
Bitcoin Price Struggles, Ethereum Consolidates Ahead of Merge, CEL Rallies
15.9.2022
Bitcoin price failed to start a recovery wave above the $20,500 level. BTC is currently (02:50 UTC) consolidating near the $20,000 level. A downside break below $20,000 might start a major decline in the near term.
Similarly, most major altcoins are trading in a range. ETH is trading near $1,600...
It's on! Where to catch the Ethereum Merge live
15.9.2022
The Ethereum Merge will occur when the network reaches a total terminal difficulty of 58750000000000000000000
The 'launch of a rocket' — Observers on the future of Ethereum post-Merge
15.9.2022
With the Ethereum Merge only hours away, Cointelegraph spoke to industry experts about the transition to proof-of-stake today and what to look out for