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“# Eth2 transition accelerates amid rumblings of a miner rebellion ” Ethereum’s developers appear to be hastening the network’s shift toward Proof-of-Stake consensus and away from the Proof-of-Work mining community. On March 11, developer “Mikhail Kalinin” published specifications for Eth2’s future blockchain merge with the existing Ethereum network. The documentation notes the consensus upgrade from…
“# IoTeX (IOTX) rallies 300% after DeFi and Amazon Web Services integration ” As mobile devices, cost and the ease of accessing the internet becomes less of a challenge for people across the world, the value of data has become a new highly desired commodity. Governments and companies utilize customer and user data for a…
“#Myanmar’s searing smartphone images flood a watching world” The images ricochet across the planet, as so many do in this dizzying era of film it, upload it, tell it to the world: scenes from a protest-turned-government crackdown, captured at ground level by smartphone users on the streets of Myanmar. Images shot across barricades and furtively…
“# Too little, too late? Ethereum losing DeFi ground to rival blockchains ” 2021 has been a great year for Bitcoin (BTC) and crypto in general. However, Ethereum and the decentralized finance, or DeFi, sector have outshined other niches of the cryptocurrency space, dazzling the community with enormous growth in terms of popularity, engagement and…
“#Hacked security firm Verkada let staff view clients’ cameras” Surveillance startup Verkada reportedly enabled dozens of staffers to peep on its clients — just like the hackers who attacked the company this week. More than 100 Verkada staffers had access to the internal “Super Admin” privileges that hackers used Monday to get feeds from more…
“# Bitfinex users can now paper trade their custom algo strategies ” Crypto exchange Bitfinex has introduced a new feature for its algorithmic trading toolkit, allowing users to test their trading strategies without putting actual funds at risk. Bitfinex users can now deploy Honey Framework in their paper-trading sub-accounts. A paper trade is a simulated…
“# Bank of Russia to start digital ruble trials in 2022 ” The central bank of Russia is expecting to start pilots for its central bank digital currency in 2022, a senior executive reportedly claimed. Bank of Russia deputy governor Alexey Zabotkin said that the bank is planning to complete a prototype digital ruble by…
“# Chinese banks pilot digital yuan at Shanghai department stores ” Shanghai’s New World City and New World Daimaru Department Store, and food caterer Taikang Food Store handled thousands of digital yuan transactions over the past weekend, Shanghai Daily reports. As part of the trial, the retailers featured digital yuan payments as part of a…
“# Peter Schiff’s son moves 100% of his portfolio into Bitcoin ” Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin. “My son went all in on Bitcoin on the last drop below $50k. 100%…
“# Ethereum miners plot hash-power ‘show of force’ against EIP-1559 ” Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559. Amid the backdrop of ever-escalating Ethereum fees, the Ethereum Improvement Proposal seeks to replace the network’s existing bidding-based fee market…