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“# Ethereum 2.0 approaches 6 million staked ETH milestone ” Ethereum 2.0 is approaching what some are calling a major milestone in its short history — 6 million staked Ether (ETH). The Ethereum Launchpad, Ethereum 2.0’s portal for validators to stake their coins, shows some 5.9 million staked Ether and almost 180,000 validators powering the…
“# Beijing subway now accepts digital yuan ” China continues expanding the scope of its central bank digital currency (CBDC) by debuting digital yuan payments for transport services. According to an official Wednesday announcement, the Beijing subway has launched a pilot program enabling passengers to access 24 subway lines and four suburban railway stations using…
“# Bank of Russia forms first digital ruble testing group ” The central bank of Russia is setting up a group of banking institutions to test its central bank digital currency (CBDC) next year. On Tuesday, the Bank of Russia officially announced the establishment of the first pilot group for testing the digital ruble, bringing together…
“# Spanish Socialist Workers’ Party pens public digital currency initiative ” The Spanish Socialist Workers’ Party (PSOE), the governing political body in Spain, is backing a new national digital currency initiative. PSOE, Spain’s oldest active party and the leading force in the Congress of Deputies, has introduced a non-law proposition to launch a national digital…
“# China crackdown shows industrial Bitcoin mining a problem for decentralization ” Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s…
“#Excessive screen time linked to obesity in US preteens, study finds” A study published Monday suggests a link between screen, time and weight gain in American preteens. Researchers, who published their findings in Pediatric Obesity, found that each additional hour spent on screen time was associated with a higher body mass index in 9-10–year-olds one year…
“# Enterprise Ethereum matures, looks to open-source community for standards ” Ethereum is quickly becoming an integral part of the enterprise blockchain ecosystem. As more companies begin to leverage public networks for business, it’s important to keep in mind that the enterprise Ethereum space is still relatively new. Therefore, a number of developments are required…
“# Elon Musk tweets his support over proposed Dogecoin changes ” Elon Musk, the at-times controversial SpaceX founder and stop-and-go crypto supporter, voiced his support late Sunday for a set of major updates to the Dogecoin (DOGE) blockchain. The changes would drastically redesign the cryptocurrency’s software architecture and alter its token economics. The popular “joke crypto”…
“# Ethereum Classic devs announce upcoming hard fork ” On Monday, developers of the Ethereum Classic (ETC) blockchain announced a hard fork to implement the project’s latest version, now scheduled for launch in late July. The upgrade, which the community has dubbed “Magneto,” will include the four Ethereum Improvement Proposals, or EIPs, first seen in…
“# Singapore’s central bank offers cash prizes for digital currency ideas ” The Monetary Authority of Singapore, the country’s central bank and a major financial regulator, is challenging fintech companies to pitch solutions for a central bank digital currency, or CBDC. On Monday, the central bank officially announced a global challenge that seeks new retail CBDC…