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Grayscale Bitcoin Trust terminates material agreements with Genesis

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Genesis will no longer be involved in GBTC’s main operations, but will still act as a liquidity provider. NEWS   According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale in the distribution and marketing …

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Aave DAO favors fresh deployment of its latest version on Ethereum

Aave DAO favors fresh deployment of its latest version on Ethereum

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QUICK TAKE The Aave DAO has begun voting on the best way to deploy its latest version of Aave on Ethereum blockchain. So far, the majority of the votes support creating a standalone new version rather than upgrading the previous one. This approach is faster but it could result in fragmented liquidity. The Aave community …

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Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

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Banking news Mastercard will on Tuesday debut a new piece of software, called Crypto Secure, which helps banks identify and cut off transactions from fraud-prone crypto exchanges, CNBC reported. The system relies on data from the blockchain, as well as, other sources, and it is powered by CipherTrace, a blockchain security startup Mastercard acquired last year. Adoption news Plan …

Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News Read More »

What is PoW Ethereum (ETHW), and how does it work?

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PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner after the Merge of the execution and consensus layers. HOW TO CRYPTO   Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge …

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Bitcoin mining revenues down 16.2% in September

Bitcoin mining revenues down 16.2% in September

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QUICK TAKE Bitcoin miners brought in about $550.5 million in revenue in September, down 16.2% from the previous month. They made about 1.56 times the revenues of Ethereum miners and stakers combined. Bitcoin mining revenue fell 16.2% in September to about $550.5 million, marking its fifth decline in the last six months and the lowest …

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Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

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BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pal of Real Vision, Hayes says that the Ethereum network is now capable of supporting a new ecosystem filled with new businesses and protocols, something that hasn’t been …

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Bitcoin Had a Rough September. Here Are the Key Metrics to Watch Next

Bitcoin Had a Rough September. Here Are the Key Metrics to Watch Next

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Bitcoin is preparing to enter October in a critical posture. With the macro climate weakening and on-chain data pointing to low interest, the top crypto faces a potential selloff. Key Takeaways Bitcoin’s market value dropped nearly 14% in September. Market sentiment has turned pessimistic due to the top crypto’s poor price performance. On-chain data shows …

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Crypto Trader Updates Outlook on Bitcoin and XRP, Says Ethereum’s Preparing a Move Up – Here’s His Target

Crypto Trader Updates Outlook on Bitcoin and XRP, Says Ethereum’s Preparing a Move Up – Here’s His Target

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A widely followed crypto trader is giving a bearish forecast for Bitcoin (BTC) and XRP as he expects Ethereum (ETH) to surge once the leading smart contract platform bottoms out. The pseudonymous analyst known as Altcoin Sherpa tells his 183,600 Twitter followers that the price of BTC will likely continue trading within the $18,200 and $19,500 range. The …

Crypto Trader Updates Outlook on Bitcoin and XRP, Says Ethereum’s Preparing a Move Up – Here’s His Target Read More »

Polygon Onboards New Web3-native Communication Network

Polygon Onboards New Web3-native Communication Network

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The decision to launch on Polygon is Push Protocol’s first step toward a broader expansion across blockchains Its services are currently being used by popular DeFi protocols including MakerDAO, Uniswap and Aave Push Protocol, a decentralized communication network previously known as Ethereum Push Notification Service (EPNS), has launched on Polygon’s PoS chain. The network is …

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Pantera Capital Reportedly Eyeing New .25B Blockchain Fund

Pantera Capital Reportedly Eyeing New $1.25B Blockchain Fund

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Pantera Capital launched its first blockchain fund in June 2021 The new fund will reportedly invest in equity, as well as digital tokens Pantera Capital is reportedly seeking to launch a second blockchain fund, despite the ongoing bear market that has sent crypto prices spiraling in recent months. An institutional asset manager focused on the …

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