Day: August 26, 2022

Web3 Domain Name Service ENS DAO Loses Its Web Address Because Virgil Griffith, the Programmer Who Could Renew It, Sits in Jail

According to Khori Whittaker, the Executive Director of ENS, “Virgil Griffith, who was working at the Ethereum Foundation when ENS launched, was an early contributor to the ENS protocol. Because ENS is a permissionless protocol, anyone can build dApps on top of it, which is the case for Virgil’s involvement with eth.link. He purchased the domain and built an application that resolves ENS domains.” Source

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Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators – Exchanges Bitcoin News

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Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing Scamming as Motive Afghan security forces have closed down a number of crypto exchanges in the western Herat province in the past week, the English-language Ariana News portal reported on Tuesday. At least 16 platforms…

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Coinbase says it will 'evaluate any potential forks' following the Merge

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“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. In a Thursday update to an Aug. 16 blog post, Coinbase said it would evaluate any potential forks in the Ethereum blockchain on a “case by case basis.” The crypto exchange previously said it planned to ‘briefly pause’ Ether (ETH) and…

Coinbase says it will ‘evaluate any potential forks’ following the Merge

boss

Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. In a Thursday update to an Aug. 16 blog post, Coinbase said it would evaluate any potential forks in the Ethereum blockchain on a “case by case basis.” The crypto exchange previously said it planned to ‘briefly pause’ Ether (ETH) and ERC-20 token deposits and withdrawals during the Merge, expected to occur between Sept. 10 and 20. “Should an ETH PoW fork arise following The Merge, this asset will be reviewed…

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email immediately after the speech. Source

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Polygon Price Holds Amidst Bloody Day, Can Price Hold Above $0.60?

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The price of Polygon (MATIC) has shown great strength in the past few weeks against Tether as it maintained its bullish sentiment. Despite the retracement across the crypto market, Polygon has shown great strength holding above $0.75 compared to other crypto assets that have lost their key support. (Data from Binance) Polygon (MATIC) Price Analysis On The Weekly Chart Weekly MATIC Price Chart | Source: MATICUSDT On Tradingview.com From the chart, the price of MATIC saw its weekly low at $0.75; the price of MATIC bounced from that region to…