Month: January 2022

Ethereum Leaves ETH 2.0 In The Past In New Roadmap Rebrand

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Ethereum 2.0 is one of the most-anticipated upgrades in crypto presently. The upgrade which will bring better scalability and cheaper prices to the network is nothing short of needed given that demand has driven these two things to its brink on the network. This is why Ethereum developers have been hard at work for two years trying to usher in this new era. However, it seems that the name ETH 2.0 is no longer doing justice to the upgrades being performed on the network. In a recent announcement, Ethereum Foundation…

What is the best marketplace to buy NFTs?

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“The Market Report” with Cointelegraph is live right now! On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which marketplace is the best for NFTs.…

What the Fed Thinks About CDBCs

A fair amount of news happened last week: The Federal Reserve announced it is still nowhere close to issuing a digital dollar and the U.S. House of Representatives held a surprisingly substantive discussion around crypto’s energy impact. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Blockchain bucks The narrative The U.S. Federal Reserve finally published its central bank digital currency (CBDC) report! The long-awaited missive outlined the Fed’s chief questions about CBDCs and provided a window into…

4 Things to Do in a Crypto Bear Market

Over $328 billion has been wiped from the global crypto market in the last seven days. That’s more than the market capitalization of pharmaceutical giant Pfizer. Many investors, both new and veteran, will be trapped in the falling market and unable to cash out without incurring heavy losses. According to data from Intotheblock, 28% of bitcoin investors and over 31% of ethereum investors are “out of the money” right now – meaning the prices of both cryptocurrencies are now less than what they paid for them. For other assets like…

Monero: The Privacy Coin Explained

Monero’s privacy protections also set it aside from competitors, not just because they aren’t optional but because of the ways they hide the sender, the receiver and even the amount being sent. While Zcash chiefly uses zero-knowledge proofs, among other features, to add privacy functionality, Monero’s main privacy feature includes: Source

Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin News

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Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the central bank expanded the U.S. monetary supply like never before in history. Allianz Chief Economic Adviser: ‘Fed Maintained Its Transitory Inflation Narrative for Way Too Long’ All eyes are on the Federal Reserve this week…

Leading Indian Entertainment Giants T-Series and Hungama Digital Entertainment to foray into the NFT & Metaverse Space in association with Hefty Entertainment

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The global digital entertainment industry has shown phenomenal growth over the past few years raising the bar of entertainment creation and consumption like never before. Asia’s largest publisher and music label, T-Series has announced a partnership with one of the largest digital entertainment company in South Asia, Hungama Digital Media to enter into the world of Web3, NFTs and Metaverse. It intends to capture the likes of the growing landscape of the digital economy and virtual world. The collaboration between the industry leaders will cause a paradigm shift in Asia’s…

Here’s how to keep your crypto safe – Cointelegraph Magazine

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“When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could be…

Can Crypto Go Green? How to Invest in Eco-Friendly Cryptocurrencies

Similar to mining, chosen validators receive an amount of newly minted tokens as a reward for their participation. One of the biggest benefits to this system over crypto mining is the hardware requirements are significantly lower, meaning more people can become validators. This, in turn, increases a project’s decentralization and further improves the network’s security. It also has the added benefit of reducing the amount of energy required to power the network. Source