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Injective Protocol (INJ) has had a tough time seeing its price shed over 90% from its all-time high of $24.8 against tether (USDT). Despite recently seeing a huge pullback in the crypto market, Injective Protocol (INJ) continues to show immense strength, racking up double-digit gains. (Data from Binance) Injective Protocol (INJ) Price Analysis On The Weekly Chart Weekly INJ Price Chart | Source: INJUSDT On Tradingview.com INJ saw a decline in its price from $24.8 to around $0.9, with an over 90% drop from its all-time high despite having good…
With many younger investors getting into blockchain and cryptocurrencies through various advertisements on the internet, the importance of education in the space becomes more obvious, according to a panel discussion at the CV Summit 2022. Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion titled “Tokenized Finances, Security Tokens, and the Re-Definition of Value.” Panelists included Massimo Butti, the head of equity at SDX; Nicola Plain, the CEO of Aktionariat; Thomas Eichenberger, the head of business units at Sygnum and Arnab Naskar, the co-founder of STOKR. Cornèr, Butti, Eichenberger, Plain and…
The Merge, which will see Ethereum move into a new era, leaving behind one consensus mechanism and beginning another, could not have come at a better time. Energy prices are soaring, the news about a warming earth is alarming, and the calls for energy reduction and greener solutions are growing louder each day. The stakes for the planet and its inhabitants are huge. Ethereum was an energy inefficient network from day one, due to the old security system called proof-of-work, a system in which so called ”miners” gain the right…
Data from Coingecko indicates a surge in the price of Ravencoin (RVN), over the past month the cryptocurrency is moving against the general sentiment in the market. The rally in the price of this token coincides with the upcoming Ethereum’s “Merge” and seems directly related to this event. At the time of writing, Ravencoin (RVN) trades at $0.07 with a 15% and 91% profit over the last 24 hours and 7 days, respectively. In the last 2 weeks, the cryptocurrency records a larger increase with a 150% profit and a…
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol red notice for the Terraform Labs chief executive officer. Terraform Labs Executives Accused of Violating South Korean Capital Markets Law Prosecutors in South Korea have reportedly issued an arrest warrant for Terraform Labs co-founder and chief executive officer Do Kwon. The prosecutors allege that…
Second, and I think more important, the shift to proof-of-stake totally transforms the playing field for non-fungible tokens (NFT). As silly as things got during the last bull cycle, NFTs are one of the clearest cases of real, end-user product-market fit on Ethereum, and I’m extremely bullish on the concept long term. Source
Ethereum 2.0 upgrade is scheduled for September 13 to 15. XDC’s XDPoS 2.0 is expected to go live in Q1 2023. Ethereum Merge, the transition of the network from PoW to PoS consensus, is the biggest and the most significant upgrade in the crypto sector. The schedule for this upgrade is confirmed to commence on September 15 or even before it. Notably, the anticipation of this protocol upgrade increases as the date is nearing. On successful execution of ‘The Merge’, Ethereum will terminate the PoW consensus when its mainnet merges…
Even though year-over-year inflation cooled to 8,3% in August from 8.5% in July, core inflation, which is more closely watched because it excludes volatile food and energy prices, rose 0.6% during the month, compared with an 0.3% increase during the month before. Original
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