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Ethereum Needs to Pass These Three Tests Before Migrating to PoS
5.5.2022
The path to fully transitioning from the current Ethereum (ETH) Mainnet to the beacon chain proof-of-stake (PoS) system, a process also referred to as The Merge, is now clearly in sight, according to Ethereum core developer Tim Beiko.
In a recent blog post, Beiko detailed the steps that need...
Major Bitcoin & Crypto Companies Warn of 'Extreme' Risk in Proof-of-Stake Systems
3.5.2022
The risk of corporate capture is extreme in proof-of-stake (PoS) systems as PoS transforms novel financial systems into pure plutocracies, dozens of US-based high-profile companies warned in a letter to the US Environmental Protection Agency....
Read More: Major Bitcoin & Crypto Companies Warn...
Ohio's Senate Candidates Stake Out Crypto Positions
2.5.2022
While crypto policy is unlikely to sway the outcome of Tuesday’s primary, its mindshare among the candidates augurs well for the industry’s clout in the nation’s capital
Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange
2.5.2022
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have a structure which is similar to that of BLOK, one of Amplify Holdings’s ETF products. Samsung Asset...
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
1.5.2022
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s...
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
1.5.2022
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change...
World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake
29.4.2022
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their...
Eth2 deposit contract now holds 10% of the circulating ETH supply
29.4.2022
The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year
On Freedom Day, Bitcoin gives South Africans a stake in their financial future
28.4.2022
"Freedom Day means you are free to use your own money to live your best life," said BitcoinZAR, a Bitcoin advocate in South Africa
Here’s why the growth of token staking could be bullish for Lido (LDO)
26.4.2022
A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term
Elon Musk Purchases Twitter for $44 Billion, Social Media Company Will Transition to a Private Company
25.4.2022
On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $54.20 per share in a transaction valued at $44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims...
Ripple’s Exec Campaign Has ‘Zero Chance’ of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks
24.4.2022
It has almost become a populist truism that Bitcoin (BTC) is bad for the environment. By using proof-of-work (PoW) as its consensus mechanism, its entire network consumes a prodigious amount of energy, which at the moment is reportedly higher than the annual energy consumption in some...
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Ethereum's Merge Could Lower Demand for Bitcoin but Regulatory & Technical Challenges Persist
22.4.2022
Ethereum’s (ETH) transition to proof-of-stake (PoS), known as The Merge, will likely lead some current bitcoin (BTC) holders to move part of their capital to ETH, one industry insider argues. Others, meanwhile, say that despite a yield on ETH being attractive, regulatory scrutiny means more...
Bitcoin Price Forecast for 2022 Cut Once Again as Break 'Only' Above USD 80K Now Expected
22.4.2022
The price of bitcoin (BTC) will hit a peak of USD 81,680 this year, before falling back to USD 65,185 by the end of the year, argued a panel of members from the fintech and crypto industry surveyed by comparison website Finder.com.
The peak of over USD 80,000 was described as “significantly...
Helping Ukraine without donating: Laura’s DeFi staking plan
22.4.2022
‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge
22.4.2022
A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual...
The many layers of crypto staking in the DeFi ecosystem
20.4.2022
The term staking receives many meanings in crypto, each of them presents its own set of opportunities and challenges
Bitcoin Maintains Dominance Despite Massive Proliferation of Altcoins
19.4.2022
The bitcoin (BTC) dominance, or bitcoin’s share of the overall crypto market capitalization, has remained at almost the same level as four years ago, despite a massive proliferation of altcoins in the meantime.
Prominent bitcoiner and chief technology officer of bitcoin wallet Casa, Jameson...
Animoca Brands buys major stake in Aussie digital services agency
19.4.2022
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition