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Cardano’s Charles Hoskinson Hits Back at Jack Dorsey Over PoS Debate

Former Twitter CEO Jack Dorsey’s latest tweet did not sit well with the Cardano creator, Charles Hoskinson, who squarely aimed at the Bitcoin proponent and said the Merge will kick off an “era” where all proof-of-stake (PoS) networks will be unfairly categorized as being similar to Ethereum. His tweet read, “Now begins the Era of everyone assuming that all Proof of Stake works like Ethereum’s Proof of Stake. The maxis will attack Cardano for slashing and label all the...

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Ethereum Collapses Below $1500 Following The Merge

Ethereum just experienced its first hint of post-merge price action. Unfortunately for bulls, it was to the downside.  After clinging to roughly $1600 over the past 24 hours, Ethereum has now slipped over 5% lower within the past two hours. Likewise, Bitcoin has lost its $20,000 level once again. Ethereum was trading for about $1587 at roughly 14:19 UST on Thursday. It rapidly descended after that, falling as low as $1456 just an hour later.  At the time of writing, Ethereum...

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Crypto.com Has Let Go of Hundreds of Workers

More crypto companies appear to have laid off their staff members. The only difference between them and Gemini and Coinbase is that they apparently did it in secret. The layoffs occurred some time ago and never made it to the news prior to now. One would assume the companies in question likely sought to avoid publicity for the move given how much flack the previously mentioned enterprises have received for their actions. Among the firms to have let employees go is famed...

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Ethereum Proof of Work Fork Pumps and Dumps After Merge

While Ethereum’s long-anticipated Merge seems to have hardly dented its price at the time of the upgrade, one of its speculative offshoots experienced a storm of volatility.  Ethereum PoW (ETHW) – an Ethereum hard fork backed by a group of Ethereum miners – soared in value during the upgrade. However, it tanked to all-time lows just hours later.  The ETHW Rollercoaster According to live price data from CoinGecko, ETHW rallied from roughly $30 at 21:30 UST on Wednesday to...

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New Crypto Exchange Bit Castle Opens for Business

During a time when many crypto companies and lending firms appear to be on their last legs, during a time when many digital asset enterprises are making their way out the door or cutting back on expenses and operations, others are flourishing, one of which is the new exchange Bit Castle based in the island nation of St. Vincent and the Grenadines (in the Caribbean). Bit Castle Is Now Operational The crypto space has not been doing well these past few months. Several...

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Ethereum Classic Hash Rate Skyrockets 80% to ATH After ETH Merge

The most-anticipated event in the cryptocurrency industry this year took place earlier today, confirming Ethereum’s transition from PoW to PoS. While the effects for the second-largest blockchain will be unveiled gradually in time, Ethereum Classic seems to be benefiting the most for now. CryptoPotato reported earlier today when the Ethereum mainnet finally merged with the PoS Beacon Chain, solidifying the network’s transition to proof-of-stake. Although this was a...

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Crypto Commercials Are Beginning to Die Down

Several reports show that crypto television ads are beginning to vanish or die down. What was once a rather prominent thing to do (create crypto commercials) is now almost becoming passe or uninteresting to many media companies. Crypto Commercials Are Vanishing Crypto has taken a lot of flak in recent months. Right now, the space is doing rather terribly when it comes to prices, which could be one of the reasons why so many television ads are no longer making their way...

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Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder

According to Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – Ethereum’s Merge is “the most significant thing” that has happened in the protocol’s history. However, he does not believe it will help Ether surpass Bitcoin as the most dominant digital asset. The executive also expects ETH’s price to surge when people realize the benefits of the transition to Proof-of-Stake (PoS), but not immediately after it occurs. Bitcoin Will Stay at the Top...

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Using Your Credit History in Web3: How Hybrid Evaluations Can Lead to Better Credit Access for All

Your credit score is important. Whether it’s buying a house, signing a contract for services, financing a car, and much more besides, your credit score acts as a barometer of your ability to access capital. Anyone lending to you will see it and use it as one of the core bases of their lending decision and, crucially, the rate of interest you have to pay to borrow the money. Yet they are ripe for improvement. SoLo Protocol provides crypto loans using real-world...

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Das Schweizer Krypto-Unternehmen ChainDigger begeistert über 200 Investor:innen beim Opening Event in Zürich

Am Samstag, 20. August 2022 war es endlich so weit: Über 200 Investor:innen folgten der Einladung des Aargauer Krypto-Players ChainDigger zum offiziellen Launch im Club AURA in Zürich. Der exklusive Rahmen bot den Gästen ein Gefühl dafür, wohin die Reise mit dem Luxus- und Lifestyle-Unternehmen in Zukunft gehen wird. Aus einer Idee wird Wirklichkeit Wer bis heute nichts von ChainDigger gehört hat, der sollte jetzt besser die Ohren spitzen. Denn die Gäste der ersten ChainDigger Night sind sich...

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