Category: Cryptocurrency
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off. 1604 Total views 41 Total shares Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the […]
Bukele says that despite past laws that prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations. 1467 Total views 42 Total shares In an Independence Day live streaming event on Sept. 15, El Salvador President Nayib Bukele announced his bid for reelection after his current term ends in 2024. […]
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel that discussed what decentralization brings to Web3 at DeData 2022. 582 Total views 59 Total shares With the convenience of centralization seemingly threatening the original crypto vision, decentralization will still help escape a potential dystopian future, according to a panel discussion at the DeData Salon 2022 conference held […]
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. 987 Total views 45 Total shares Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property […]
Blockchain-based games need to spend more time actually being “fun to play” rather than developing flashy tokenomics, an Animoca Brand-owned blockchain game developer told Cointelegraph. Speaking to Cointelegraph on the first day of the 2022 Tokyo Games Show, Luke Sillay, the lead community manager at Australia-based game developer Blowfish Studios, said that far too many blockchain […]
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws. 2784 Total views 27 Total shares Ethereum’s upgrade to proof-of-stake may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC). Speaking to reporters after the Senate Banking Committee on […]
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 420 Total views 59 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network’s proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of […]
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake. 944 Total views 78 Total shares The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders. […]
It’s been less than a day since Ethereum’s historic transition to proof-of-stake, with most of the crypto community still abuzz with excitement following the successful Merge. On Sept. 15 at 06: 42: 42 UTC, the last Ethereum block using the old proof-of-work consensus mechanism was mined. Replacing it is an energy-efficient proof-of-stake consensus mechanism. Many […]
Moments before the big Ethereum Merge took place, co-founder Vitalik Buterin shared his excitement and PoS vision with the community. 5397 Total views 105 Total shares As the clock counted down to the final moments of the big Ethereum Merge, co-founder Vitalik Buterin joined the Ethereum Mainnet Merge Viewing Party livestream hosted by the Ethereum […]
