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Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear
17.9.2022
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented...
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours
16.9.2022
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and...
Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move
16.9.2022
A much-discussed Bitcoin (BTC) spot exchange-traded fund (ETF) could finally see the light of day in the US, after a new ETF filed under rules that would be used for a spot fund just went live on the market....
Read More: Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move
Ethereum Price Prediction: After the Merge Can ETH Reclaim $1,500 Soon?
16.9.2022
The Ethereum blockchain has just undergone the most significant upgrade in its history. However, while many market players expected the price of ETH to skyrocket following the Merge, things haven't quite gone as planned.
What lies ahead for the world's second most valuable cryptocurrency?...
Read...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
16.9.2022
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS)...
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge
15.9.2022
Now-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to the proof-of-stake (PoS) consensus mechanism
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
15.9.2022
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued...
Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers
15.9.2022
The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next...
Bitcoin price loses $20K, ETH price drops 8% after 'monumental' Ethereum Merge
15.9.2022
Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge
Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge
15.9.2022
The campaign to change the bitcoin code to decrease its energy use will be reigniting its efforts after ethereum's move to a less energy-intensive protocol
ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork
15.9.2022
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins...
Ethereum Classic and Ravencoin's Hashrate Nearly Doubles After Merge
15.9.2022
Earlier on Thursday, Ethereum switched to PoS, doing away with the need for miners
F2Pool, Poolin to start Ethereum PoW mining after ETHW mainnet launch
15.9.2022
Together, ETHW mining pools already make up more mining capacity in terms of block share than Ethermine, which opted to shut down mining operations
Ethereum community wastes no time minting PoS NFTs right after the Merge
15.9.2022
The Merge happened, and now the community watches like proud parents as Ethereum takes its first steps as a proof-of-stake consensus
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...
Ether Futures Market Discount Evaporates After the Merge
15.9.2022
The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge
Ether Price Trades Flat After Successful Ethereum Merge
15.9.2022
Ethereum’s transition from Proof of Work to Proof of Stake was successfully completed just after 2:30 AM ET, or 5:30 AM GMT at block 15537391
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...