The blockchain plans to switch to a proof-of-stake (PoS) mechanism, an event known as The Merge, next month in a move developers say will make it cheaper, faster and environmentally friendly. The change from a proof-of-work (PoW) system will end an income stream for Ethereum miners, who are rewarded with ether (ETH) tokens for their efforts. Miners produced over $620 million worth of ether in July alone, data show. Tron founder Justin Sun has emerged as one of the most prominent investors supporting a hard fork to keep the money…
Day: August 8, 2022
Crypto-Miner Mawson Says CFO Resigns
The company appointed Ariel Sivikofsy as a consultant CFO until a replacement is selected. Source
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Meme Coin Price Predictions – Tamadoge to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu
In the past, meme coin prices have provided staggering returns throughout 2020 and 2021. However, after the cryptocurrency price crashes in 2022, users are looking for which meme coin to buy next. This guide looks at Tamadoge – one of the best upcoming cryptos and the best new crypto to buy in 2022. We will also discuss the meme coin price predictions and how to buy Tamadoge in 2022. 5 Key Reasons why Tamadoge is set to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu in 2022 Which meme coin…
Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September – Regulation Bitcoin News
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again in September. Brazilian Congress Sidelines Crypto Bill Discussion The Brazilian Congress, which had slated for this week the discussion and a possible vote of a proposed cryptocurrency bill, sidelined it to deal with other legislative issues. The deputy…
Bitcoin: RARE BULLISH Price Signal in Crypto Bear Market.
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Bitcoin core contributor urges maximalists to take a different route
There was once a time when Bitcoin (BTC) was the only crypto project that was not a scam, and advocating for only BTC made perfect sense. However, according to a Bitcoin Core contributor, this has not been true for a while, as he urged the community to drop the us-versus-them culture. In a Twitter thread, Matt Corallo, who contributed to the Bitcoin Core, pointed out to the community that at the moment, instead of BTC proponents advocating why Bitcoin is unique and remarkable, they are spending time attacking other projects.…
Panic Grips WazirX Users After Binance’s CZ Asks Users to Move Funds
Binance was believed to be the owner of WazirX, but CZ denied the claim on Twitter. “Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders,” Zhao said. Referring to a blog post announcing the acquisition in November 2019, CZ said the deal was never completed. Source
pSTAKE Announces stkBNB to Unlock Liquidity on Staked Binance Coin
pStake will allow users to stake any non-zero amount of BNB. Source
First-day takeaways from the Cointelegraph team
The fifth annual Korea Blockchain Week kicked off on Sunday, with more than 7,000 people attending Asia’s largest blockchain event of 2022. The Seoul-based event is set to run its main-stage sessions on Aug. 8 and 9, while side events such as music festivals and nonfungible token (NFT) art galleries will go through until Aug. 12. This year Korea Blockchain Week features presentations from more than 120 figures in the blockchain space, including prominent names such as Ethereum co-founder Vitalik Buterin, Binance CEO Changpeng Zhao, Animoca Brands chair Yat Siu and…