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Ethereum Staking Sees Accelerating Growth Ahead of Merge
25.3.2022
Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking...
DigitThree Labs Partners with LCX Exchange for Proof-of-Concept Deal
25.3.2022
LCX Exchange is partnering with DigitThree Labs to form a formal agreement for Proof-of-Concept. Through this partnership, LXC Exchange will drive forward its DGMV Authenticator, which is tentatively scheduled for a rollout in the coming days of 2022. Background LCX, as a platform, allows its users...
Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’
24.3.2022
On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks...
MiCA Could Still Be Delayed by EU Parliamentarians Over Proof-of-Work Provision
23.3.2022
EU parliamentarians that supported the controversial provision seeking to limit proof-of-work crypto could make one last stand if the MiCA draft goes for a full parliamentary vote
Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last
21.3.2022
The price of Ethereum classic (ETC), the project that split from Ethereum (ETH) after a hack in 2015, jumped over the weekend, supported by strong technicals in the chart and speculation that some Ethereum miners could embrace it.
As of 12:10 UTC on Monday, ETC traded at USD 39.03. The coin...
EU vote on Bitcoin mining: What does it mean for the industry?
21.3.2022
A win in the European Parliament, but will mining rules have to change? “Eventually, only PoS will be adopted by blockchain applications.”
Vitalik Buterin talks crypto’s perils in Time Magazine interview
18.3.2022
The “prince of crypto,” as Vitalik is referred to in the magazine, said the cryptocurrency industry has an image problem
Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition
17.3.2022
After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work (PoW) and since March 15, Kiln is running entirely under...
BNDES Director Offers New Insights on Development of Brazilian Blockchain Network
16.3.2022
Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority...
Ethereum Moves Higher Against Bitcoin on a Wave of Positive News
16.3.2022
The price of ethereum (ETH) has outperformed bitcoin (BTC) over the past 24 hours, after news emerged that a final testnet has gone through the steps necessary for transitioning Ethereum to its planned proof-of-stake (PoS) system....
Read More: Ethereum Moves Higher Against Bitcoin on a Wave...
Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected Proof-of-Work Ban
15.3.2022
The European Union still has its sights set on bitcoin (BTC) and ethereum (ETH) miners – despite rejecting a proposed rule that would have effectively banned proof-of-work (PoW) mining across the union....
Read More: Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
Bitcoin and Ethereum Get Support in EU, Ban Idea Rejected
14.3.2022
Stefan Berger, a member of the European Parliament in charge of shepherding the MiCA regulation, confirmed that the European Parliament Committee on Economic and Monetary Affairs (ECON) rejected a suggestion that could ban proof-of-work consensus protocols such as Bitcoin, Ethereum, in...
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources
14.3.2022
Bitcoin tracks $39K ahead of Europe vote on Proof-of-Work legality
14.3.2022
Bitcoin price action stabilizes on the first day of a week which should see multiple tests of traders' resolve
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000
14.3.2022
Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt...
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote
12.3.2022
An article restricting proof-of-work cryptocurrencies has made it back into a draft of MiCA after it was reportedly scrapped
EU Crypto Industry Calls to Arms as Bitcoin & Ethereum Ban In Cards Again
12.3.2022
France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move....
Read More: EU Crypto Industry Calls...
Final Countdown to Ethereum Merge Begins as Configs for the Last Public Testnet Go Live
10.3.2022
Ethereum (ETH) took another step towards the Merge, when the current Ethereum Mainnet will "merge" with the beacon chain proof-of-stake (PoS) system -- as configurations for Kiln, the last public testnet before switching to the PoS mining algorithm, have been published.
"The configs for...
Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March
9.3.2022
The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work...