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Ethereum Merge makes network more vulnerable to attack — Security expert
12.9.2022
The security expert said that while PoS isn’t “theoretically” as secure as PoW, he admits it still has “sufficient practical security.”
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
11.9.2022
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than...
Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants
11.9.2022
Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated,...
Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round
11.9.2022
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa....
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult
10.9.2022
Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while...
How GameFi contributes to the growth of crypto and NFTs
10.9.2022
The GameFi sector has achieved unprecedented growth over the past couple of years and is attracting investors
ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork
10.9.2022
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group’s ethereum ETP (ZETH) will be issued with “units of the new security...
Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform
10.9.2022
Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give...
Developer Activity on Bitcoin and Ethereum Plummeted in 2022
10.9.2022
Blockchain developers have slowed down their contributions to top crypto projects amid the lingering market downturn, with Bitcoin and Ethereum experiencing a decline of over 30% in developer activity over the past three months. ...
Read More: Developer Activity on Bitcoin and Ethereum Plummeted...
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
Dubai grants regulatory approval for Blockchain.com office: Report
9.9.2022
The Virtual Assets Regulatory Authority of Dubai has previously given approval for Crypto.com, OKX and FTX subsidiaries to offer crypto-related services in the emirate
Blockchain.com abrirá una oficina en Dubai tras obtener aprobación reglamentaria preliminar
9.9.2022
El exchange de criptomonedas se une a varias empresas que se están expandiendo a Oriente Medio mientras Dubai busca convertirse en un centro líder en criptomonedas
Blockchain.com to Open Dubai Office After Securing Preliminary Regulatory Approval
9.9.2022
The crypto exchange joins a number of companies expanding to the Middle East as Dubai aims to turn itself into a leading cryptocurrency hub
Ethereum Futures Hit $1 Trillion; Overtakes Bitcoin For First Time Ever
9.9.2022
The market competition between the top two cryptocurrencies, Bitcoin (BTC) and Ether (ETH), has continued to heat up as Ethereum has led the market in gains of recent. In August, the future market performance of ETH hit two historic benchmarks. ...
Read More: Ethereum Futures Hit $1 Trillion;...
4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH
9.9.2022
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When...
From the valley to oasis: Swiss and Dubai crypto associations team up
9.9.2022
A partnership between the two cities' blockchain associations will aim to connect businesses and foster growth in the sector
More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk
9.9.2022
The class action suit filed accusing tech billionaire and CEO of Tesla, Elon Musk, of running a pyramid scheme to promote Dogecoin (DOGE) has been amended this week to include more defendants and plaintiffs. ...
Read More: More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk
Bitcoin, Ethereum Google Searches Plunge 83% Since 2021
9.9.2022
Searches for 'bitcoin' and 'ethereum' have plummeted by as much as 83% since highs in 2021, according to Google Trends data. After reaching an all-time high of 100 in early May 2021, Ethereum-related searches have declined to 17, while for Bitcoin the decline has been 79% over the same...