With the Ethereum Merge only hours away, Cointelegraph spoke to industry experts about the transition to proof-of-stake today and what to look out for. The Ethereum Merge is set to occur later today with the energy-efficiency focused transition expected to have a major impact on crypto investment and adoption, experts say. Speaking to Cointelegraph in…
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Bitcoin is struggling to find support in the $20,000 zone, which is negatively impacting investor sentiment and weighing on most altcoin prices. The United States equities markets and the cryptocurrency markets had been rising leading up to the Sept. 13 release of the August Consumer Price Index data, but the rally fell apart once the…
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The difficulty of mining Bitcoin (BTC) rose by 3.45% on Tuesday, marking the fourth consecutive increase in difficulty for the network. Per data from BTC.com, the latest upwards adjustment brought the difficulty level of mining Bitcoin to 32.05 T – the highest level ever for the Bitcoin network. Still, Tuesday’s adjustment was smaller than the…
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No, there isn’t an Amazon token presale, or any upcoming Amazon crypto coin – an old crypto scam from 2021 is back and trending online. Back in December Avast antivirus wrote a blog post ‘Beware of a New Amazon Token Crypto Scam’. They posted screenshots of fake Amazon crypto adverts which appear to be posted…
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The sentiment for Terra Luna Classic (LUNC) crypto remains bearish this week as the price nosedives down to $0.000255. Over the last 24-hours Terra Luna Classic has been one of the worst performers dropping by over 31% in price. However, there is still light at the end of the tunnel as LUNC is trading within…
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Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want Elon Musk to Take Over Twitter Twitter Inc. (NYSE: TWTR) announced Tuesday that…
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According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From…
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Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto account posts, the thread is teeming…
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The Chamber of Digital Commerce asked to file an amicus brief in the protracted SEC case against Ripple Labs and supports legislating to clear up a legal gray area. The Chamber of Digital Commerce (CDC) has requested to file an amicus brief in the case of the United States Securities and Exchange Commission v. Ripple…
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Sony Music is preparing to venture into NFTs as the firm filed trademark applications for audio and video recordings. In this week’s newsletter, read about how Sony Music Entertainment is preparing to venture into nonfungible tokens (NFTs). Check out how car manufacturer Ford is on the way to entering the Metaverse and how coffee chain…
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