The ETHW token’s value has dropped 60% a day after its launch on the mainnet. The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is currently sitting at $11.75. The Ethereum PoW fork token, which launched 24 hours after...
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The White House released its first crypto regulatory roadmap.
SEC Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws. Gensler believes that the staking model could make Ethereum pass a key part of the Howey test. Gensler is keen on regulating many crypto tokens under securities laws. United States Securities and Exchange Commission (SEC) Chair...
A report by Coindesk citing anonymous sources reveals that FTX might be in the lead to purchase the auctioned assets of Voyager Digital The crypto lender platform had earlier rejected the FTXs deal citing it as a low ball offer A report published by Coindesk citing anonymous sources reveals that...
Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus. Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions After Ethereum’s successful transition towards the proof of stake consensus, several climate activities are...
ETHW developers to proceed with mainnet launch after the Merge was a success.
The ETHW token rallied in the hours after The Merge before crashing heavily. The token is down 18% over the past 24 hours. The ETHPoW mainnet launch is less than 24 hours away. The Proof-of-Work fork of the Ethereum network, ETHPoW, saw its token rally then crash after The Merge....
Yuga Labs has awarded the first CryptoPunks NFT grant to @ricgalbraith and @lorepunkdoteth to run a Punks-centric newsletter, Punks Post. The newsletter will capture important events and promote networking opportunities within the Punks community. Once it goes live, fans can access Punks Post via two token-gated channels in the official...
Ethereum makes a successful transition from its earlier proof of work to proof of stake consensus Ethereum is now a legitimate proof of stake consensus blockchain. Ethereum’s highly anticipated network upgrade dubbed the “Merge” has finally been launched on the Ethereum mainnet. The upgrade is set to cut Ethereum’s energy...
MetaShield will allow creators to flag or blur the images of listed NFTs that bypass royalties. According to Magic Eden, the move is necessary to protect creators’ royalties. Once a “shielded” NFT is bought, it would incur a debt for the unpaid royalty. Only those who pay off the debts...
ETCs hash rate has reached an all-time high of 64 Terra Hashes. The surging hash rate indicates an increased mining activity on the ETC network Ethereum Classic’s hashrate has breached past its usual metrics, ascending to new highs of 64 TH/s. Ethereum Classic’s Online Activity Is Surging Ahead Of The...
Summary: Crypto exchange Bybit intends to support ETHW, the proof-of-work hard fork of Ethereum’s blockchain. Bybit said ETHW tokens would be listed after the merge. The crypto exchange will also support airdrops, deposits, and trading for ETHW coins eight hours after the upgrade. Major cryptocurrency exchange Bybit will support the...