Blockchain Financial News
16.09 / 18:13
Blockchain
Digital
Aware
Browser
Swiss
Can NFTs Replace Traditional Banking Accounts? One Swiss Company Thinks So.
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16.09 / 17:45
Blockchain
Ethereum
Digital
SEC
NOT
SEC Chair’s take on PoS cryptocurrencies might not make you happy
Gary Gensler, the United States Securities and Exchange Commission (SEC) Chairman, on 15 September, stated that cryptocurrencies that allow holders to stake their tokens might be considered a security, as per a Washington Post report.
16.09 / 17:35
Blockchain
Lowe's
Platform
Bitcoin
Top 9 Cryptocurrencies With the Highest Upside in 2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
16.09 / 15:59
Blockchain
Ethereum
crypto tokens
Merger Mania: Crypto community goes gaga after Ethereum completes the 'Merge'
crypto world's most ambitious software upgrade, Ethereum completed a key revamp of its blockchain network-- the Merge. The second-largest crypto token has now moved to the proof-of-stake (PoS) mechanism from Proof-of-Work (PoW). This is the first instance when an existing and running blockchain has made such a move. Following this, Ethereum's energy consumption will drastically drop by 99.9 per cent. Ethereum developers say the upgrade will make the network – which houses a $60 billion ecosystem of crypto exchanges, lending companies, non-fungible token (NFT) marketplaces and other apps – more secure and scalable. Following the merge, there was immediate price action in Ethereum as the token was hovering around $1,600 levels, seesawing between red and green.
16.09 / 14:41
event
Blockchain
Decentralization
Event Recap
DeData 2022: The advantages of decentralization in Web3
With the convenience of centralization seemingly threatening the original crypto vision, decentralization will still help escape a potential dystopian future, according to a panel discussion at the DeData Salon 2022 conference held in Berlin, Germany.
16.09 / 13:37
Blockchain
Ethereum
ETH
Waters
If This is a Netscape Moment for Web3 What Does that’s mean for Ethereum?
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.
16.09 / 13:04
Blockchain
COST
Ethereum
Ball
Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge
The much-anticipated Merge saw the light of day yesterday, September 15, setting the ball rolling for a proof-of-stake (PoS) consensus mechanism in the Ethereum (ETH) network.
16.09 / 12:31
Blockchain
Ethereum
ETH
Pool
Where Ethereum [ETH] miners are heading after Merge success
As the much-awaited Ethereum Merge was completed on 15 September, Ethereum miners had to look for other alternative coins to keep their operations running. Therefore, a few coins registered a massive increase in their hashrates.
16.09 / 12:31
Blockchain
Ethereum
ETH
Action
Ethereum’s Merge yields anti-climactic outcome, but here’s the catch
Ethereum just concluded the blockchain industry’s most anticipated event of 2022. The Merge garnered a lot of hype, especially in the last weeks but the entire period turned out anticlimactic for ETH’s price action.
16.09 / 11:13
16.09 / 08:33
Blockchain
Ethereum
Adoption
proof-of-work
Dogecoin becomes second largest PoW cryptocurrency
Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network's proof-of-stake upgrade on Sept. 15.
16.09 / 06:43
Blockchain
Gaming
NOT
Gamers want fun, not a grind fest for tokens — Animoca subsidiary
Blockchain-based games need to spend more time actually being “fun to play” rather than developing flashy tokenomics, an Animoca Brand-owned blockchain game developer told Cointelegraph.
16.09 / 04:49
business
Blockchain
Ethereum
proof-of-work
'Green ETH' narrative to drive investment and adoption, says pundits
The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders.
16.09 / 03:39
Blockchain
UPS
events
Terra: In an interesting turn of events, LUNA walks ahead of LUNC
The entire crypto community was carefully watching the event of Terra Classic [LUNC]’s unprecedented surge over the last few weeks. Several developments happened in the Terra ecosystem that have the potential to change its fate for good.
15.09 / 23:09
Blockchain
Maxim
Strategy
DOT fails to impress despite some noteworthy developments from Polkadot
Polkadot [DOT] launched a new DeFi product called vDOT on 13 September. vDot is a yield-bearing DOT derivative that aims at maximizing DeFi earning strategies in the Polkadot ecosystem. vDOT will be the third member in Polkadot’s DeFi network, following the KSM and the vToken token series.
15.09 / 22:03
Blockchain
Provident
Lowe's
Terra Usd
Terra Luna
Terra Classic
Apollo DAO to shut down LP vaults on Terra Classic
Apollo DAO, one of the many protocols that supported the Terra blockchain, has announced that it will be shutting down its vaults on Terra Classic.
15.09 / 21:01
Blockchain
regulation
Terra Usd
Terra Luna
South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports
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 prior into an international arrest warrant.
15.09 / 19:55
Blockchain
CFTC
regulation
Energy usage
Merge is 'a step in the right direction' to address crypto's energy usage — Rostin Behnam
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.
15.09 / 19:21
Blockchain
Ethereum
Digital
CoinMarketCap
STEPN GMT’s Price Falls While Chronoly.io (CRNO) Soars to a New High
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15.09 / 19:21
Blockchain
Citi
Extreme
AXY
index
There Are Some Major Surprises in the Global Crypto Adoption Index 2022
The newly released Global Crypto Adoption Index for 2022 by blockchain intelligence firm Chainalysis contains several surprises, with perhaps the most notable being that China remains a top 10 country for crypto adoption despite a ban on nearly all-things crypto.
15.09 / 18:37
Blockchain
UPS
Ethereum
BLOCK
Ethereum Finally Completes The Merge
Ethereum has finally completed The Merge, starting a new era of Ethereum 2.0. With this process, the Ethereum blockchain has officially moved from a proof-of-work (PoW) model to a proof-of-stake (PoS) model, which aims to improve the security and scalability of the network.
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