Netherlands Financial News

Bitcoin, dropped by over 4 per cent during the week while Ether shed over 8 per cent.XRP witnessed a mega rally due to the positive news around the ripple lawsuit and jumped by 30 per cent during the week. The third consecutive rate hike announced by the US Federal Reserve will have a significant impact on the crypto market in the coming weeks. Here are some important crypto developments of the week:Iran’s tryst with CBDCIran’s central bank has started CBDC trials to turn banknotes into programmable currency. The crypto rial will be a digital version of the country’s fiat currency, which could be a game changer for the country’s digital economy.

Ethereum 2.0 following the iconic ‘Merge’. The Merge is an upgrade to the Ethereum blockchain, which powers innovations in the crypto ecosystem. The Ethereum Merge has shifted the Ethereum security mechanism from proof-of-work (PoW) to proof-of-stake (PoS), which in turn has greatly impacted the crypto economics of the blockchain and has many significant implications for the crypto market. Ethereum’s transition from PoW to PoS is here to prove that a decentralized and permissionless network can operate in an energy-efficient manner. The merge will likely cause a renewed interest in Web3 projects aiming to build on top of the Ethereum network. Moreover, the merge will improve nearly all metrics of the Ethereum blockchain, making way for future innovation of applications and experimentation.Some of the longer-term advantages of the «Merge» include:

Philately? If you are a millennial, there is a good chance you used Google to find out that there is a word dedicated to collecting and studying postage stamps.

Developed countries often take for granted the ubiquity of the internet. But the reality is that some 2.9 billion people still don’t have connectivity to the world wide web.

The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips.

Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks for approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO.

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Ethereum completed its long-anticipated Merge on Thursday without any hiccups as the protocol switched from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism. 

Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA.

A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge. 

On Thursday, Dutch blockchain startup Triall announced that it has partnered with American nonprofit medical center Mayo Clinic to optimize clinical trial design and the management of study data. Starting this September, Triall's eClinical platform will support a two-year multi-center pulmonary arterial hypertension clinical trial that includes 10 research sites and more than 500 patients across the United States. 

Profit at the European arm of fund management giant Vanguard dropped by a third last year, as the business incurred higher expenses and personnel costs after adding almost 200 people to its books.

August marks the ninth consecutive month of rising inflation for the Eurozone at 9.1%. In July, the official inflation numbers landed at 8.9%. The Eurozone consists of 19 countries, including Germany, France and Belgium.

As gas prices continue to break all-time records across Europe, all eyes turn to the TTF, the continent's leading benchmark.

The EU will endure several "terrible" winters without controls on natural gas prices, Belgium's energy minister warned on Sunday. 

At least six people were killed and seven more wounded in the Netherlands when a truck drove off a dike and slammed into a community barbecue. 

Energy bills in the UK will leap by 80% this winter, the country's energy regulator Ofgem announced today, as the Ukraine war continues to drive up prices.  

Dutch authorities have launched an investigation after a three-month-old child died at the country's main centre for asylum seekers.

A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer. 

Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued legal sanctions against digital currency mixer Tornado Cash.

If everybody cycled as much as the Dutch, global carbon emissions would drop by nearly 700 million tonnes per year.