New Ethereum proposal aims to boost block times by 50%
If approved, EIP-7781 will reduce block times from 12 seconds to 8 seconds, increase blob capacity, and make decentralized exchanges slightly more efficient.
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Ethereum price gets back to $3K as institutional investors pile into ETH futures
Ethereum's native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices plunging to as low as $2,651 on Coinbase.The ETH/USD exchange rate rose 3.63% to hit an intraday high of $3,030. The upside move amounted to a 14.3% upside retracement from the pair's week-to-date…
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a proof-of-stake algorithm takes place.In the lead-up to the Istanbul upgrade, implemented on Dec. 8, the Ethereum team decided again to postpone the…
Bank of Spain selects partners for CBDC testing
Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year. 5484 Total views 17 Total shares Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the
Coinbase handled trades and custody for Meitu’s $90M crypto investment
Meitu chief financial officer Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company. 3931 Total views 21 Total shares Crypto exchange Coinbase's institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu.In a blog…
Solana jumps past key selloff junction: SOL price eyes $150 in April
Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April.Solana flips key resistance to supportTo recap, SOL's price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history. For instance, the…
US Labor Dept warns of crypto risks in retirement plans
“Significant risks” — Cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts. The US Department of Labor (DOL) has told 401(k) investors to "exercise extreme care" when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as “significant risks”. In a…
USDT market cap up by $2 billion following Tornado Cash debacle
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash. 172 Total views 25 Total shares The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash.The Office…
Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs.