Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain’s transition to its proof-of-stake (PoS) Beacon chain in September. The world’s largest exchange by transaction volume announced the move in a bid to provide stability during The Merge, which is touted to take place in mid-September 2022. Binance …
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Ethereum is a few weeks away from officially moving to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one. The transition, officially dubbed the Merge, is slated for Sept. 15, but in the run-up to the major upgrade, Ethereum node centralization has become a hot topic. As Cointelegraph reported last week, the majority …
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Reports are emerging that the recently arrested Tornado Cash developer is linked to Russia’s FSB. Alexey Pertsev was a former employee of the FSB, according to one report. GitHub also recently removed the source code of Tornado Cash and deleted associated accounts. Reports are emerging that the popular crypto mixing service Tornado Cash is allegedly …
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IOHK has informed its users about the recent progress on the Vasil Hard Fork upgrade The network has successfully crossed the 40% SPO mark. According to analytics platform PoolTool, the updated Cardano SPOs have now reached the 42% mark, inching the Vasil Hard Fork deployment closer than ever. IOHK Tweets The Current Cardano SPO Status …
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EMURGO Ventures announced an investment deal in AID:Tech to bring Web3 onchain reputation solutions to Cardano for “positive social impact.” AID:Tech is a decentralized digital ID firm that builds Web3 reputation solutions for real-world utility. The firm operates a Proof-of-Reputation (PoR) protocol, which rewards people for their time and contribution. “AID:Tech enables people to own, …
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Cardano (ADA) parent Input Output said the Vasil hard fork is almost here, and developers are working to bring it to the mainnet. 📢 The team at IOG, along with @CardanoStiftung and the wider @Cardano technical community continue to work together to bring the #Vasil upgrade to the #Cardano mainnet. 🙌 Here’s a rollout status …
Hong Kong-based blockchain and gaming investment company Animoca Brands’ Japan subsidiary has raised $45 million at a pre-money valuation of $500 million, the parent company announced on August 26. Animoca Brands KK, the Japanese subsidiary, will use the fresh funds to secure licenses for popular intellectual properties, boost internal capabilities, increase adoption of Web 3.0 …
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The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready …
With a cryptocurrency ownership rate of 10%, or four million people, South Africa “ranks 18th out of 26 countries for crypto adoption,” the latest Finder’s report has said. The report also noted that South Africa’s proportion of crypto owners holding bitcoin, 52%, is the third highest out of 26 countries. Just Over Half Own BTC …
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No privacy. No property. No prosperity. If you follow the news, you’ve seen the trend — putting legal limits on cash transactions, the emergence of surveillance-oriented, central bank digital currencies (CBDCs), and more recently, crypto mixing platform Tornado Cash being sanctioned by the United States Treasury. There is a new wave of propaganda increasingly demonizing …
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Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors of Another 2 Chinese Cities to Pay Transit …
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CHZ/USD has been in an uptrend since July 26th, the market breaks out of a long-term consolidation period from the middle of June. Along the line of the uptrend, strong selling pressure can be seen to have affected some of the outlook of candlesticks in the uptrend chart. On the 18th of August, the market …
Continue reading “Chiliz Price Prediction for 26th of August: CHZ/USD Bears Losing Out Too Soon “
The chief investment officer of Valkyrie Investments says that the crypto asset manager is turning to flight-to-safety assets such as Bitcoin (BTC) as The Merge approaches. In a new interview with Bloomberg Technology, Valkyrie CIO Steve McClurg says that as Ethereum (ETH) prepares to transition to a proof-of-stake consensus mechanism in September, the crypto asset …
Bitcoin (BTC) fell to daily lows on Aug. 26 as market nerves heightened into new macro triggers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Pre-Fed blues hit BTC markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,332 on Bitstamp ahead of fresh commentary from Jerome Powell, Chair of the United States …
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Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after revealing the state of three critical indicators that will trigger the mainnet update. In a Twitter thread posted on Aug. 25, IOHK shared its latest “rollout status” of the Vasil upgrade to …
Continue reading “Cardano hard fork ‘ever closer’ as upgraded SPOs account for 42% of blocks”
