Ethereum is in the final stages of preparations to switch from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS). This event, which is referred to as the Merge, is expected to have several benefits for Ether (ETH) – the native token of the Ethereum blockchain. … Read More: Ethereum Merge Could Trigger Surge of interest…
Read more
Investors in cryptocurrencies have been paying close attention to the blockchain-based Lucky Block lottery platform since the Binance Smart Chain (BSC) project released a second Ethereum-based version of its LBLOCK token last month. The price of the LBLOCK V1 token decreased during the last two weeks; however, the price of the LBLOCK V2 token soared…
Read more
PRESS RELEASE. Crypto E-commerce giant, Shopping.io is streamlining its operations. On September 9th 2022, Shopping.io will be airdropping its new native utility token – $SHOP to the holders of $SPI and $GSPI. To celebrate the launch, Shopping.io is hosting multiple events offering major benefits including 20% $SHOP back rewards and exciting giveaways!
Shop Online…
Read more
The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has…
Read more
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said.
$30 Million…
Read more
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office and proposes to create digital twins of products to trace their…
Read more
Polygon’s chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography…
Read more
Despite a slight recovery, DeFi TLV has lost $250 billion this year. DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the Flow protocol, which rose 577%…
Read more
“We want to become the country of choice for those looking to create, innovate and build in the crypto space,” said MP Richard Fuller. Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.” In a parliamentary debate on crypto asset…
Read more
Singapore took the top spot by a landslide as the world’s most interested country in the upcoming Merge based on frequency of search terms in the weeks leading up to the event. A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge. The data found Singapore…
Read more
