ETC Group launches crypto ETP based on PoW Ethereum hard fork

Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP). ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus upgrade that is set to move the Ethereum blockchain from mining-based PoW to mining-free proof-of-stake (PoS). ETC Group’s new Ethereum ETP will rely on a forked PoW Ethereum chain, representing a group of miners opposing…

Powers On… Insider trading with crypto is targeted — Finally! Part 1 – Cointelegraph Magazine

It took a few years, but government crackdowns on “insider trading” involving digital assets have finally arrived. It’s about time! Insider trading occurs often in our securities markets, so it was only a matter of time before crypto and other digital assets would be exploited improperly by miscreants for financial gain. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor…

SEBA Bank to provide Ethereum staking services to institutions

As the Ethereum network moves from proof-of-work (PoW) consensus to proof-of-stake (PoS), a digital asset platform initiated a service for institutions to dive into Ether (ETH) staking.  In an announcement sent to Cointelegraph, Swiss digital asset banking platform SEBA Bank said that it has launched an Ethereum staking service for institutions that want to earn yields from staking on the Ethereum network. According to the firm, the move is a response to the growing institutional demand for decentralized finance (DeFi) services. According to Mathias Schütz, an executive at SEBA Bank,…

BTC Slips Below $19,000 Following Yesterday’s Failed Breakout – Market Updates Bitcoin News

Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded. Bitcoin Bitcoin (BTC) fell to its lowest level since June earlier in today’s session, a day after the token failed to break out of a key resistance point. Following a peak of $20,155.27 on Tuesday, BTC/USD dropped to an intraday low of $18,644.47 on…

Blockchain and crypto find use case in community powered weather forecasting

Blockchain and crypto are coming to a local weather station near you – or at least that’s what one group of Athens-based engineers is trying to accomplish. WeatherXM is using a combination of blockchain-based data verification with crypto incentives to get people worldwide to capture their local weather data for more accurate forecasting. Cointelegraph sat down with WeatherXM co-founders, CEO Manolis Nikiforakis and chief technology officer Nikos Tsiligaridis for an interview in Athens, Greece. They talked about how Web3 tools provide the best solution to the lack of quality and…

Cryptocurrency Market Prediction | Astro Numerologist Kanaan Chaudhry | Breaking News

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Crypto Lender Nexo Introduces Spot and Margin Trading Platform

The trading platform, named Nexo Pro, will aggregate liquidity from more than 10 trading venues and market makers to minimize order slippage, or the change in price that occurs between an order being placed and being executed. Slippage occurs when a market order is made into thin liquidity, which causes the average price to fluctuate. Source

The metaverse is the future — but are current platforms failing users?

The metaverse has potential to transform the way we work, socialize, party and even do business — but looking at the infrastructure that exists right now, and some would accuse this industry of running before it can even walk. Many virtual worlds are making bold promises about what they plan to achieve in the years to come, yet lack a tangible product people can try out now. Even those that have launched often suffer from poor graphics, a disappointing user experience, or a lack of quality content. This is a…