Poolin, the embattled crypto mining pool service provider, will offer freshly-minted IOU tokens to its users whose assets are frozen after the platform suspended withdrawals last week. The distribution of IOU tokens will be made today, the 15th of September. Poolin’s IOU Tokens The IOUs will be minted under the ERC-20 protocol on Ethereum, the...Read More
The excitement around the Ethereum Merge is tremendous for the PoS proponents and the community of the second-largest cryptocurrency. It also presents a very lucrative opportunity for fraudsters, who tried to take advantage even before the event. Ethereum foundation had earlier warned the community to be on high alert for scams trying to take advantage...Read More
An independent examiner will look into various aspects of Celsius Network’s digital asset holdings, a US Bankruptcy Court ruled. It indicates that the failed crypto lending platform will face more stringent scrutiny of its financial conduct. US Bankruptcy Judge Martin Glenn approved a request to this effect on Wednesday, media reports said. However, the examiner has...Read More
Former Twitter CEO Jack Dorsey’s latest tweet did not sit well with the Cardano creator, Charles Hoskinson, who squarely aimed at the Bitcoin proponent and said the Merge will kick off an “era” where all proof-of-stake (PoS) networks will be unfairly categorized as being similar to Ethereum. His tweet read, “Now begins the Era of...Read More
The Ripple vs SEC dispute began in December 2020 and is continuing to date, with no hopes of a resolution anytime soon. Recently, both the US Securities and Exchange Commission and Ripple defendants filed joint proposals in regard to the XRP lawsuit’s summary judgment. We finally have a new update! The Chamber of Digital Commerce...Read More
While Ethereum’s long-anticipated Merge seems to have hardly dented its price at the time of the upgrade, one of its speculative offshoots experienced a storm of volatility. Ethereum PoW (ETHW) – an Ethereum hard fork backed by a group of Ethereum miners – soared in value during the upgrade. However, it tanked to all-time lows...Read More
After Terraform Lab’s Terra (LUNA) collapsed along with its stablecoin USTD de-pegging against the US dollar in May, the founder Do Kwon has been facing investigations for the cause of the collapse. The South Korean investigative officers are trying their best to know the reason for the Terra network collapse. It was just yesterday, September...Read More
[PRESS RELEASE – On September 6, 2022, EQBR Holdings, Co., Ltd.] (“EQBR Holdings”) released a technical white paper on “Equilibrium,” a new blockchain technology that EQBR Holdings has been developing for the last 3 years. The original text of the white paper can be downloaded from EQBR Holdings’ homepage (https://s3.ap-northeast-2.amazonaws.com/resource-files.eqbr.com/EQBR/EQBR_Technical_Whitepaper.pdf) The whitepaper describes how Equilibrium’s...Read More
For years, Australian computer scientist – Craig Wright – has claimed that he is the mythical figure who created Bitcoin. But according to the crypto community, the truth cannot be further away. The man’s credibility has taken yet another hit amid the latest lawsuit with his involvement. It cannot get more bizarre than this. Lack...Read More
[PRESS RELEASE – Miami, Florida, 14th September 2022] Canes Connection, an industry-leading organization dedicated to facilitating NIL opportunities for University of Miami (UM) Student Athletes, has announced that they will be integrating and utilizing the ReserveBlock RBX (reserveblock.io) blockchain protocol for NFTs. The ReserveBlock Foundation will provide a pool of RBX masternodes to the Canes...Read More
[PRESS RELEASE – Singapore, Singapore, 14th September 2022] Inery a decentralized data management system, has announced that it has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m Inery is a decentralized data management system bringing DB to Web3. It provides low-cost, reduced latency,...Read More
What was arguably the most highly-anticipated event in the cryptocurrency space over the past few years is now complete. Ethereum’s proof-of-work mainnet officially merged with the proof-of-stake Beacon Chain, marking the official transition of the entire protocol to PoS. The Merge is Official The Paris upgrade, which is more commonly referred to as “the Merge,”...Read More
The cybercrime team of the Central Netherlands police arrested a 39-year-old resident of Veenendaal on suspicion of laundering tens of millions of euros via stolen cryptocurrencies. The police also suggested that the individual amassed his digital asset holdings through fake updates from crypto wallet Electrum. The Latest Crypto Scam in the Netherlands The Netherlands’ police...Read More
The US CPI numbers have shown the Federal Reserve’s intention to raise interest rates further in order to reduce inflationary pressures brought on the increased government spending during the epidemic in the previous two years. There is outflow of funds in Bitcoin and the rest of the cryptocurrency market. Since then, more than half of...Read More
The Central Bank of Bahrain (CBB) is set to test a Bitcoin payment processing and payout solution in collaboration with OpenNode. According to the official press release, the BTC payment processor plans to provide the infrastructure for the solution. The Regulatory Sandbox was first launched in 2017, following which the CBB authorized OpenNode to participate...Read More
Triggered by the Terminal Total Difficulty reaching 58750000000000000000000, following the Bellatrix upgrade, the much anticipated Ethereum Merge will take place today at approximately 04:00 UTC. Our top priority is protecting the assets of our customers. An hour prior to and during the Merge, we will suspend withdrawals on ETH, all ERC20 assets and USDT across...Read More
