Day: August 23, 2022

What Is The Merge? A Brief Explanation of Ethereumโ€™s Transition From Proof-of-Work to Proof-of-Stake โ€“ Technology Bitcoin News

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In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, whatโ€™s changing under the hood is a very big deal. Youโ€™ve Heard About The Merge, Why Is It a Big Deal? Next month will be a monumental time for the Ethereum network and its participants. The Merge will likely be one of the most anticipated and recognizable upgrades the blockchain has seen since…

China begins next phase of CBDC testing with e-CNY payment for public transport

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According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay for public bus rides with the digital yuan (e-CNY) CBDC on 10 transit routes, which is a first for the country. To do so, passengers simply need to download the e-CNY app, deposit funds and scan the QR code located in the bus payment section to pay for their ride.ย  Similarly, the day before, the…

Why crypto Market is going down & crashing? Latest news (hindi/urdu)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Crypto market has crashed Badly latest news update. How much more market can crash ? Will discuss Ethereum & bitcoin latest news and price prediction in hindi and urdu along with Daily crypto updates . (20-08-2022) Why crypto Market is going down and crashing ? How further it can CRASH more ? _______________________ To join Crypto premium Group Email:๐Ÿ‘‡ usmanhussain172@gmail.com _______________________ Asalaam o alikum dear YouTube family, We are going to Update you about Next 12 hour BTC and ethereum situation.And we…

Miami Trio Charged With Defrauding Banks and Crypto Exchange of Over $4M

Authorities arrested Esteban Cabrera Da Corte, Luis Hernandez Gonzalez and Asdrubal Ramirez Meza Tuesday morning, alleging the group used stolen identities to purchase millions in cryptocurrencies on a โ€œCryptocurrency Exchange,โ€ in 2020. The purchases were funded with bank transfers, and after buying the crypto, the men disputed the transactions with the banks, tricking them into reversing the transfers and redepositing the money into accounts controlled by the crime ring. Source BanksChargedCryptoDefraudingExchangeMiamiTrio CryptoX Portal

Also-Ran EOS Token Now Hottest Cryptocurrency After Switch to Antelope

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Celsius, 3AC demonstrated why financial infrastructure should move on-chain

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While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events ultimately show why more of the financial system should operate on-chain, bringing more transparency and information to market participants. In all three cases, the damage was caused and exacerbated by opaque, off-chain entities. And while the reason for the trio of events is important, it has also caused considerable damage to the overall reputation of the industry. These…

Bitcoin Retail Volumes Show Weakness In Rally

The decline in the price of bitcoin following the rally has unearthed some underlying weaknesses that were not easily seen before. The run-up and eventual rundown from $25,000 have shown that retail investors are not as moved by the market as expected. Even now, transaction volumes for retail investors remain muted, indicating that the burnout from the rally was actually a result of low bullish sentiment. Bitcoin Retail Volume Remains Low In a recent report, Glassnode points to the low retail volume as an indicator of the weakness of the…

Bitcoin and Ethereum Home Crypto Mining Farm Tour | Making Money Mining Crypto From Home

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In today’s video we give you an updated tour of my Bitcoin and Ethereum Home Crypto Mining Farm. Over the last year we have been building out our Crypto Mining Basement and gone through several different power and airflow changes. In this latest video we think we have finally nailed down our room layout with Hot and Cold Isle inspired designs. Enjoy todays video as we discuss making money mining Crypto Currency from Home with Ethereum and Bitcoin. ๐๐š๐ซ๐ญ๐ฌ ๐”๐ฌ๐ž๐ ๐ข๐ง ๐“๐จ๐๐š๐ฒ’๐ฌ…

Exchange Giant CMEโ€™s Bitcoin Futures Just Hit a Huge Discount to Spot Prices

The report said the ProShares Bitcoin Strategy ETF (BITO) has begun rolling its August contracts into contracts that expire later, possibly causing downward pressure on the front-month contracts. Yesterday, BITO rolled over 1,000 August contracts and will roll over a further 3,000 August contracts by Friday. Previous times when the fund rolled over exposures, front-month contracts have tended to move toward discounts to spot, according to Arcane. Source