Ethereum is shifting from a proof-of-work (PoW) to a proof-of-stake (PoS) governance mechanism in the foreseeable future, resulting in a faster and more efficient blockchain. The Ethereum Network has experienced a considerable spike in transactions […]
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests […]
Coinbase stock fell to an all-time low on Friday, just two days after the cryptocurrency exchange launched its long-anticipated NFT marketplace. Shares on Nasdaq slid to $131.14 in after-hours trading, down more than 15% since […]
Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form […]
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian […]
What comes to mind when one thinks of Italy? Perhaps its cuisine—which has been exported to all corners of the globe—or the espresso, or ancient landmarks like the Colosseum or Tower of Pisa. Maybe luxury […]
Back in March, the Environmental Conservation Committee of the New York State Assembly has voted to put forth a two-year moratorium bill on PoW authentication methods for blockchain crypto mining, for power plants that generate […]
The State of Tennessee has requested proposals from contractors who can help it manage unclaimed cryptocurrency on its behalf. According to the announcement, the government has asked prospective vendors to submit a proposal to the […]
The incarcerated founder of the now-defunct dark web marketplace, Silk Road, Ross Ulbricht, is going to forfeit his claim to Bitcoin worth about $3 billion in fulfillment of the $183 million debt owed to the […]
Beanstalk Farms, an Ethereum-based stablecoin protocol, was exploited during the weekend, with the total losses skyrocketing to over $180 million. As a result, the native cryptocurrency (BEAN) plummeted by more than 80% in minutes. Just […]
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