The week brought Bitcoin back under $20,000 in value on Saturday while Ether once again fell below $1,600. Most of the top fifty cryptocurrencies and tokens by market cap saw weekly losses as well, while the sector deals with more regulatory interferences The week brought Bitcoin back under $20,000 in value on Saturday while Ether […]
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Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is hitting the NFT industry hard. OpenSea, the world’s largest marketplace has announced that it won’t support any PoW-based NFTs. The upgrade ‘The Merge’ is all set to change the working of the blockchain, to make the Ethereum blockchain less energy intensive. It will take place on […]
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The much-anticipated upgrade of Ethereum will create new participants called builders in the blockchain ecosystem, a move that risks altering the power structure of what is arguably the most commercially important cryptocurrency network. Under the current system, networks of computers known as miners pluck transactions out of a special data pool, and arrange them into […]
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How has the NFT industry dealt with the fallout of the crypto market? What are some of the issues users had with OpenSea? How has the NFT industry dealt with the fallout of the crypto market? What are some of the issues users had with OpenSea? The story so far: The writing is on the […]
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This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, […]
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Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism has left Indian cryptocurrency miners worried. This is because all the GPUs that are being used to currently mine Ethereum will be useless as the Ethereum blockchain comes closer to The Merge. The Merge will come into full effect starting September 15, when Ethereum changes […]
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Ethereum’s network is switching from the Proof of Work (PoW) to the Proof of Stake (PoS) algorithm and is in its final testing stage. The upgrade called ‘The Merge’ is all set to change the working of the blockchain, with the aim to make the Ethereum blockchain less energy intensive. As controversy and confusion surround […]
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KFC India is entering the crypto space by dropping KFC BuckETH, the quick service restaurant chain’s own non-fungible token (NFT) collection. The NFT, curated from designs by artists across the country, is up for grabs in a social media contest. The winner of the contest will also get a year’s supply of KFC, according to […]
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The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated After 13 years, at least […]
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Hackers have drained nearly $200 million in cryptocurrency from the blockchain platform Nomad. For context, Nomad is a cryptocurrency bridge that allows users to swap cryptos between two or more blockchains. This comes as further bad news for Decentralised Finance (DeFi) platforms which facilitate the borrowing and lending of crypto assets. The hack has been […]
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