Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a faucet, block explorer, and staking launchpad support and urged validators…
The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4. DLT may offer benefits such as cheaper cross-border transactions and increased financial system efficiency, Visco…
Yuga Labs, the $4 billion company behind dominant NFT brand Bored Ape Yacht Club (BAYC), notched a small but potentially meaningful victory in its ongoing legal battle against the conceptual artist and internet provocateur Ryder Ripps. The firm reached a settlement Monday in federal court with one of Ripps’ collaborators on the artist’s controversial RR/BAYC project. Thomas Lehman, a developer…
Binance has confirmed to Decrypt that the exchange plans to pause bank transfers of U.S. dollars this week. “We are temporarily suspending USD bank transfers as of February 8th. Affected customers are being notified directly. It’s worth noting that only 0.01% of our monthly active users leverage USD bank transfers, but that we are working hard to restart service as…
Investors are feeling more optimistic about the digital asset market now and are plugging more cash into crypto funds than previously, according to a Monday report. CoinShares said Monday that inflows of $76 million last week flowed into funds—the fourth consecutive week of such movements. The money is flowing into funds such as Grayscale, 3iQ, and 21 Shares—products available to…
John Ray, who took over as chief executive officer of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy. In testimony for FTX’s case in the United States Bankruptcy Court for the District of Delaware on Feb. 6, Ray said he and other professionals had “carefully” been conducting an investigation into…
The US dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as DOGE. Source: https://cointelegraph.com/news/price-analysis-2-6-spx-dxy-btc-eth-bnb-xrp-doge-ada-matic-dot
Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with some collections already present. Ordinals Pick Up Steam; More Than…
Despite a reduction in its fleet of mining machines and hash rate capacity, Bitcoin mining company Riot today reported it produced 740 BTC last month, its new all-time high. This is an increase of approximately 62% as compared to 458 BTC the Texas-based company produced in January 2022, and about 12% as compared to the 659 BTC generated in December…
A social network is a platform or service that enables users to set up either fully or partially public profiles, share content and connect with other users based on common interests, life experiences, or personal connections. Since its emergence in the mid-1990s, social media has become an important and undoubtedly integral part of people’s everyday lives, covering half of the…
