Ethereum (ETH)

Greenpeace USA – an environmental advocacy group – is calling out Bitcoin for having what it calls an “outdated and efficient” code system.  In a tweet on Thursday, the organization doubled down on claims that Bitcoin’s proof of work mechanism is contributing to the climate crisis. Instead, it suggested that the code be swapped out for a less energy-intensive mechanism like proof of stake.  Campaigning Against Mining The advocacy group’s statements were in response to...

The past seven days saw the successful transition of Ethereum’s network from a Proof-of-Work consensus algorithm to one governed by Proof-of-Stake. The event was described by many as one of the most significant technical achievements in the industry and is put on par by importance with Bitcoin’s halving. However, the total market declined by some $20 billion over the same period as many cryptocurrencies are charting decreases. Bitcoin is among the outliers in terms of price...

Kraken – a popular cryptocurrency exchange founded in 2011 by Jesse Powell – has recently offered its books to auditors to show them the company has heavy reserves of BTC, ETH, and Tether on file. Kraken Has Tried to Do a Lot of Good Kraken was founded in San Francisco, CA, which appears to be the ultimate hosting grounds for many crypto businesses considering this is long where Coinbase was stationed before deciding it was going to operate on a fully remote business...

Arthur Hayes – the co-founder and former CEO of one of the most popular cryptocurrency derivatives exchanges (BitMEX) – has laid out some thoughts on Ethereum’s Merge. In a recent tweet, Hayes argued that the only thing that matters (price-wise, seemingly), for ETH after the Merge is its net issuance. To those unaware, Ethereum’s transition from proof-of-work to proof-of-stake introduced a dramatic shift in the cryptocurrency’s issuance model. The summarized calculations of...

INTERNET CITY, DUBAI, Sep. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed Arix (ARIX) on September 15, 2022. For all users of LBank Exchange, the ARIX/USDT trading pair is now officially available for trading. As one of the most efficient DeFi aggregators, Arix (ARIX) enables users to access the most liquidity, lowest slippage and best exchange rate across Ethereum, BSC, and Polygon. Its native token ARIX has been listed on LBank Exchange...

Late August saw a huge flip in the digital currency arena. Bitcoin – the world’s largest number one digital currency by market cap – fell by several thousand dollars and eventually dipped below $22,000 for the first time in about three weeks, while Ethereum – the world’s second largest cryptocurrency and the main competitor to bitcoin – ultimately rose 100 percent from its June low of under $1,000 per unit and managed to surpass bitcoin’s level of growth. Ethereum Is...

Die norwegische Zentralbank Norges Bank hat bekannt gegeben, die Ethereum Blockchain für ihre Zentralbankwährung (CBDC) verwenden zu wollen. Dies repräsentiert einen entscheidenden Schritt in der Entwicklung digitaler Währungen in Ländern. Der Quellcode soll als Sandbox auf Github veröffentlicht werden. So stelle man eine Schnittstelle zum Testnetzwerk her. Bereits im Mai kündigte Norges Bank an, dass die Ethereum-Technologie in Zukunft eine...

Poolin, the embattled crypto mining pool service provider, will offer freshly-minted IOU tokens to its users whose assets are frozen after the platform suspended withdrawals last week. The distribution of IOU tokens will be made today, the 15th of September. Poolin’s IOU Tokens The IOUs will be minted under the ERC-20 protocol on Ethereum, the China-based company said in an official statement on its website.   “The team has come up with the IOU-tokens scheme to minimize the...

The excitement around the Ethereum Merge is tremendous for the PoS proponents and the community of the second-largest cryptocurrency. It also presents a very lucrative opportunity for fraudsters, who tried to take advantage even before the event. Ethereum foundation had earlier warned the community to be on high alert for scams trying to take advantage of users during this transition. But that has not stopped these malicious entities from hacking the official Twitter handle...

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...