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” ETH whales move holdings onto exchanges before Merge “ Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one. The Merge date is scheduled for Sept. 15, after the successful Goerli test net integration — the…
” US court gives Voyager green light to pay bonuses to key employees “ A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States Bankruptcy Court on Aug. 2 seeking approval for its…
” Nvidia cites limited visibility into crypto mining’s impact on Q2 results “ Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. The chip giant released its financial results for the three months…
” ‘Atozy you’ve won’ — Bitboy drops lawsuit after $200K defense raised “ Ben Armstrong, the man behind Bitboy Crypto said that he is dropping the defamation suit against fellow Youtube content creator Erling Mengshoel Jr., who goes by the name Atozy. Armstrong officially filed the suit against Mengshoel Jr. on Aug. 12 in response…
” It’s a go! Uniswap Foundation becomes reality after 86M votes in favor “ The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders. According to the initial proposal, the foundation aims to…
” Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head “ Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter. Trabucco said co-CEO Caroline Ellison will become CEO, and he will remain in the capacity of adviser. Alameda Research is the quantitative trading company set up by FTX crypto exchange…
” More than $100M worth of NFTs stolen since 2021 — Elliptic “ Cryptocurrency risk management firm Elliptic has released a report suggesting that scammers stole more than $100 million worth of nonfungible tokens, or NFTs, starting in 2021. In its NFTs and Financial Crime report released on Wednesday, Elliptic said crypto users had been…
” Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge “ The Ethereum Foundation has announced it will be increasing the network’s bug bounty payouts fourfold ahead of the blockchain’s transition to proof-of-stake. In a Wednesday blog post, the Ethereum Foundation said between Aug. 24 and Sept. 8, all “Merge-related…
” Still growing — Armenian mining operator increases power plant capacity “ The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW of capacity to its power plant-based facility. Cryptocurrency investment platform ECOS has been operating a mining center on the…
“What Are The Benefits Of Digital Transformation?” This cannot be denied that “digital transformation” has been the major reason for the fundamental changes in the result of businesses. Also, the way businesses are operating, and the integration of digital technology in digital transformation have a massive role in it. In the modern world, organizations are…