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ETH miners continue to traverse challenging path days leading to the much-awaited Ethereum Merge. Here’s how recognized miners are progressing amidst the countdown. To-Do List Outlook The PoS (proof-of-stake) validators would soon replace Ethereum miners, a move aimed at reducing the Ethereum network’s consumption by 99%. Moreover, the migration will affect the respective miner revenue. … Read more
According to a trusted and renowned cryptocurrency expert, there is a likelihood that Ethereum institutional interest (ETH) may increase if the crypto giant adopts the PoS (Proof of Stake), its new system for validating crypto transactions. While the crypto analyst with over 400 000 followers on YouTube explained why he is still holding the coin, … Read more
In recent reports, there has been an addition to the list of users of the central blockchain systems and application developer, Hyperledger. These new members include the CBN (Central Bank of Nigeria), Casperlabs, DSR corporation, and five others. As the result of the recent impressive progress made on the study of CBDC (Central Bank Digital … Read more
According to reports, Charles Hoskinson said the suggestions might cause the complete prohibition of Bitcoin while being critical about the proposals of the recent White House Office of Science and Technology statements. This proposal involves carrying along the United States DoE (Department of Energy) and the United States EPA (Environmental Protection Agency) to develop proof-driven … Read more
According to Ethereum co-founder VItalik Buterin in his article ‘Endgame,’ he stated that Zero-knowledge proves the most feasible long-lasting alternative for scalability of decentralized blockchain. It is a fast-rising expanding and confidentiality innovation that uses mathematical proofs to authenticate specific details without necessarily having to reveal some information. Hosting a total sum of above $5.4 … Read more
The Japanese government awards seven mayors with NFTs, following their effort and service to humanity towards easing people’s living in various jurisdictions. The current Japanese administration is one of the first governments to pioneer the use of NFT as a medium to offer supplementary acknowledgments to appreciate the excellent performance of the local authorities. This … Read more
Metaverse’s new project, Cardalonia on the Cardano blockchain, is almost ready to join the league of prominent crypto projects SAND (Sandbox) and MANA (Decentraland) as one of the most wanted projects Metaverse has ever created. According to reports, Cardalonia, a 3-dimensional VR experience built on the Cardano blockchain, has confirmed the launch of the listing … Read more
The leading cryptocurrency has dropped below $19K for the first time in more than 60 days. For a number of reasons, investors seem to be undervaluing bitcoin. The success of the American stock market is, as usual, closely related to the asset’s fall. According to reports, shortly after yesterday’s price spike, bitcoin’s course was altered … Read more
The consensus transition from proof-of-work to a proof-of-stake protocol on the Ethereum blockchain is set to happen in the next few days. The highly awaited first-of-its-kind transition will happen on the 15th of September after many hurdles, hitches, and bugs. In preparation for the Pow to Pos stake transition, all Ethereum-based tokens, virtual currency founders, … Read more
A UK-based financial technology/crypto company, Revolut, has announced its plan to reduce the fees being charged on its platform. This may be a move to attract more customers and users to its cryptocurrency trading platform after reducing its fee charges. The financial/crypto tech company made the announcement earlier via mail to the platform’s users. Revolut … Read more
A cryptocurrency investment platform, Babylon Finance, is set to shut down all operations and activities. After operating for the past few months, Babylon Finance is set to wind up after it failed to recuperate from its recent exploit by cyber criminals. Cyber-criminals in the cryptocurrency market have caused many platforms, companies, and firms to wind … Read more
Bitcoin noted a downturn performance last week, painting red in its weekly chart. Meantime, these depreciations triggered multiple speculations within the marketplace, as individuals want to know possible upcoming market moves. As always, the trading community has diverse opinions. While some trust trend reversals could appear within the upcoming days, multiple reports indicate otherwise. While … Read more