Author: e_cash_top

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[ad_1] The eagerly anticipated Ethereum Merge is expected to occur on Sept. 15. This will consolidate the existing Proof-of-Work (PoW) execution layer to the concurrently running Proof-of-Stake (PoS) Beacon chain. Proponents expect this to bring scaling and environmental benefits. Although the run-up to the Merge has seen a significant jump in price, growing 90% since…

Filecoin service provider RRMine moves to Singapore due to China’s crypto restrictions

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[ad_1] Filecoin’s storage company RRMine Global is moving its headquarters to Singapore from China due to the company’s more progressive stance toward cryptocurrencies. The company said in a Sept. 13 press release that it had to leave China due to the country’s strict regulatory stance on crypto. According to the company’s statement: “The decision to wholly…

Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike

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in Uncategorized

[ad_1] The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%. In response to last month’s BLS CPI report, released on August 10, Bitcoin closed the day up 5% to $24,050.…

BitGo sues Galaxy Digital for $100M over broken merger agreement

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[ad_1] Cryptocurrency staking firm BitGo filed a lawsuit against Galaxy Digital on Sept. 12 seeking damages of over $100 million for breaching the merger agreement, BitGo announced on Twitter. Late yesterday, BitGo filed a lawsuit against Galaxy Digital seeking damages of more than $100 million arising from Galaxy’s improper repudiation and intentional breach of its…

Algorand throws hat in ring as Helium community begins vote on Solana migration

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[ad_1] Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s…

Ethereum Proof-of-Work fork set to launch 24 hours post-Merge

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[ad_1] Ethereum proof-of-work hard fork will launch 24 hours following the Merge on September 15, according to a Twitter thread published by ETHW. ETHW Core Announced the Plan for Mainnet#ethereum #ethw #ethereummerge #ethereumfork $ethw $eth #ethpow 1/n pic.twitter.com/cnYOW6l1iU — EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) September 12, 2022 ETHW is the team behind the Ethereum…

Ravencoin price, hashrate spike as Merge draws closer

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[ad_1] Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. On the seven days metrics, the proof-of-work (PoW) token spiked by almost 70% –surging from less than $0.045 to as high as $0.072– according to CryptoSlate data. Source: TradingView (CryptoSlate) Meanwhile,…

How decentralized data lakes solve Web3 scaling

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[ad_1] Co-Founder and CEO of KYVE Network, Fabian Riewe, gave an exclusive interview to CryptoSlate, where he described how KYVE offers a scalability solution for Web3 by leveraging decentralized data lakes. KYVE is the first of its kind decentralized data validation protocol that is built on an existing data storage. Leveraging its decentralized protocol to…

Ripple’s XRPL NFT plan on hold as developer finds fault in proposal

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[ad_1] Any hope of non-fungible tokens (NFTs) being enabled on Ripple’s XRP ledger soon will have to wait as XRPL Labs lead developer Wietse Wind temporarily withdrew his vote in support of the development on Sept. 11. An explainer 🧵 on the recent finding that a simple ‘flag’ (setting) on minted NFT’s can be abused,…

Tether USDT launches on NEAR as protocol launches $100M Web3 fund

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