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” Ethereum’s Shanghai fork is coming — but it doesn’t mean investors should dump ETH “ Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as enable Ether (ETH) stakers and validators to withdraw their assets from the…
” Bitcoin inches closer to a 10-year record, as other stats turn bullish “ The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING:…
” Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how “ The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining rewards. The price of Ether nearly doubled to $490 as…
” Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing “ Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong…
” What’s in and what’s out for Ethereum’s Shanghai upgrade “ Ethereum core developers have opted to prioritize the enabling of staking withdrawals via the Shanghai upgrade first before implementing The Surge-related Ethereum Improvement Proposal (EIP)-4884. As reported by Cointelegraph, the next key milestone on Ethereum’s roadmap is the Shanghai upgrade, which will enable withdrawals for…
” Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants “ Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow holders who have staked their Ether (ETH) for years to withdraw them systematically…
“China sentences tycoon Xiao Jianhua to 13 years, fines Tomorrow Holdings $8.1 billion” A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his Tomorrow Holdings conglomerate 55.03 billion yuan ($8.1 billion), a record in China. Xiao and Tomorrow Holdings were charged with illegally siphoning away public deposits, betraying the use of entrusted property, and…
” Shanghai included blockchain, NFTs and Web3 in its 5-year plan “ China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year Plan for…
“China reportedly censors alleged data leak of 1 billion residents” Chinese authorities are reportedly scrambling to quiet online discussion of the alleged leak of more than 1 billion Chinese citizens’ personal data — a breach that experts say could be among the largest in history. Speculation surged over the weekend on Chinese social media platforms…
” NFT platforms in China grow 5X in four months despite government warnings “ The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was…