In brief Ethereum’s merge, which transitioned to an eco-friendly consensus model, was successfully completed overnight. A report from the Crypto Carbon Ratings Institute says that the network has cut its energy usage and carbon footprint by approximately 99.99% each. Ethereum’s long-awaited merge, which was successfully completed overnight, was designed to drastically cut down on the blockchain network’s overall energy consumption—and…
The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next week. Presently, the crypto economy is down 3% lower over the last…
According to local news outlet gynews.kr, the Seoul Southern District Prosecutors’ Office’s Joint Financial Securities Crime Investigation Team says it will be contacting the country’s Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol and escalate the South Korean arrest warrant issued the day…
BigCommerce enables bitcoin and cryptocurrency payments for over 60,000 ecommerce merchants. The company partnered with BitPay and CoinPayments to build one-click integrations for the platform. BigCommerce intends to integrate with more partners in the ecosystem in the near future. BigCommerce (Nasdaq: BIGC), a leading software-as-a-service (SaaS) ecommerce platform, has partnered with BitPay and CoinPayments enabling merchants to accept bitcoin and…
This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs. After a three-year hiatus, Bitcoiners once again met at the iconic Baltic Honeybadger event in the Latvian capital of Riga. Source: author Around 800 people attended the conference, so it was a rather small event — by comparison, the Bitcoin 2022 conference in Miami welcomed over…
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Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, said the Ethereum blockchain’s transition to proof-of-stake may help reduce crypto’s energy usage, but hinted legislation would likely still be needed to address the problem. Speaking at a Thursday hearing before the Senate Agriculture Committee, Behnam addressed a question from Minnesota Senator Amy Klobuchar, who brought up…
In this week’s episode of Market Talks, we welcome Dr. Julian Hosp, CEO and Co-Founder of Cake DeFi. Dr. Julian Hosp is the CEO and Co-Founder of Cake DeFi, a highly intuitive online platform dedicated to providing access to decentralised financial services. He is widely regarded as a leading influencer in the crypto and blockchain space with over one million followers…
UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing. UNUS SED LEO (LEO) UNUS SED LEO (LEO) rebounded on Thursday, following three straight days…
In brief Ethereum’s price is down nearly 8% today, dropping below $1,500 for the first time in more than a week. The plunge comes following Ethereum’s successful merge, in which it shifted to a more eco-friendly consensus model. The Ethereum merge went off without a hitch from a tech perspective, but sentiment around ETH after the shift to a more environmentally-friendly…
