Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Biggest Movers: UNI, BCH Surge by Over 20%, Hitting Multi-Month Highs

Uniswap was trading over 20% higher in Thursday’s session as the token rose to its highest point since April. This comes as crypto markets surged on Tuesday, in the aftermath of the Fed rate decision. Bitcoin cash moved to a six week high on the news. The global crypto market cap is 6.51% higher as […]

Elliptic Curve Cryptography for Beginners

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Tether Says There Is No Chinese Commercial Paper Among Its Reserves

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zkSync Community Update – July 2022

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Where should I move my eth?

I currently have 10 Ethereum in my coinbase pro account. Are there any wallets I can move to that will support staking? submitted by /u/Stakehold [link] [comments]

Crypto processing platform Calypso Pay launches mass payouts for Tron (TRX) with WatchData

Calypso Pay, an all-in-one crypto processing & acquiring platform, today and announced the launch of Tron (TRX) mass payouts in partnership with WatchData, a platform that helps web3 developers seamlessly interact with the blockchain. The solution allows customers to quickly set up Tron payouts to tens of thousands of addresses while saving both time and…
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KawKaw!

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Why “The Merge” Is Not Priced In, Says Ethereum Inventor Vitalik Buterin

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Related Reading | TA: Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact At the time of writing, Ethereum (ETH) trades at $1,640 with an 11% profit in the last 24 hours and a 7% profit over the past week. The cryptocurrency has reclaimed its position as the best-performing asset in the top 10 by market cap. In an interview with Bankless, the inventor of Ethereum spoke about what could be the most bullish milestone for this blockchain since its inception: “The Merge”. The event that will complete ETH’s migration into a Proof-of-Stake (PoS) blockchain with the promise of bringing more scalability and better performance to the network. For months, there has been an ongoing debate about the impact of this event on the price of Ethereum. Some market participants believe “The Merge” is already priced-in, meaning its impact is currently reflected on ETH’s price, others believe the opposite. Buterin himself is amongst the former, he believes “The Merge” is not priced-in from a market and psychological standpoint. The positive impact of this event will have implications with the potential to ripple across the entire Ethereum ecosystem. These effects will kick in when “The Merge” has been deployed on the mainnet. Buterin said: The Merge is looking more and more in the review mirror. It’s looking more and more like “hey, this things is going to actually happen and when it happens I expect (developer’s) morale is going to go way up (…). I basically expect that “The Merge” is not going to be priced-in, by which I mean not just in market terms, but in psychological, and narrative terms (…). What “The Merge” Could Spell For The Price Of Ethereum Once “The Merge” has been implemented, Buterin predicts that Ethereum will change a “lot of minds”. This could potentially hint at the surge in the adoption of this network’s ecosystem. There has been a lot of talk about cryptocurrencies and their alleged negative impact on the environment. “The Merge” is set to reduce Ethereum’s carbon emissions by 99%. This could translate into more institutions and capital previously sidelined from the crypto space because of its environmental footprint thus, why this event might have profound implications in terms of adoption, price appreciation, and development. Related Reading | TA: Ethereum Surges 15%, Why ETH Could Climb Above $1,700 On the latter, Buterin celebrated Ethereum’s capacity to improve its development speed across the years. After “The Merge”, ETH core developers will focus on scalability and building the infrastructure needed for mainstream adoption.

Difference between sharding and rollups

Obviously one is on L1 and the other occurs on L2s. But both involve lumping batches of transactions together so the entire main net doesn't have to compute them, right? Is sharding essentially confining validation to a subset of nodes rather than the entire network, where rollups outsource validation to another set of nodes on…
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Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies […]