Crypto Channel List

2022-09-10 10:10:05 Bellatrix upgrade goes live, sets stage for Ethereum’s Merge

The Bellatrix hard fork has just been activate on the Beacon chain and now only the Paris event remains before Ethereum's switch to proof-of-stake. The Bellatrix upgrade was activated at epoch 144896 on the Beacon Chain and is now live. The Paris upgrade is next, and once activated, it will complete the Ethereum network’s transition to the proof-of-stake system. Earlier in the day, Ethereum co-founder Vitalik Buterin announced on Twitter that the Merge will be triggered between Sept. 13 to Sept. 15. Each Ethereum node is run on two layers, the consensus layer (‘C layer’) and the proof-of-work (PoS) layer — currently the main network — which communicates via an Application Programming Interface.

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2022-09-10 10:10:05 Almost half of Shiba Inu’s initial circulating token supply has been burned

Since its launch in August 2020, Shiba Inu has been burned in a bid to cut its 1 quadrillion circulating supply. The milestone half way point is fast approaching. Since the start of September, 329.8 million Shiba Inu tokens have been burned, according to shiba-burn-tracker.com. Shiba Inu tokens are burned on multiple occasions daily to tackle the issue of oversupply. Over the last 30 days, the most significant daily burn totaled 455,699,414 SHIB on Aug. 31. Shiba Inu’s initial supply was just short of 1 quadrillion tokens, which hinders the ability of capital inflow to impact the token price positively. The Shiba Inu community has its sights set on a $0.01 token price.

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2022-09-10 10:10:05 Cardano Creator Calls Ethereum Classic Dead Project

A rare day goes by in the crypto space without feuds between Cardano's head and founder Charles Hoskinson and people who oppose him. Today was no exception, when, in response to accusations of a miner tax for ETC miners, Hoskinson made some loud statements regarding the entire Ethereum Classic project. The crypto enthusiast, who was recently a member of the Board of the ETC Cooperative, said that what some perceived as a tax should have been a sustainable development fund Ethereum Classic.

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2022-09-10 10:10:05 Russia to reportedly consider crypto use for international payments

Russia’s central bank has revealed that the country could re-consider using crypto for international payments, local news agency TASS reported on Sept. 5. According to the report, Russia’s Deputy Finance Minister Alexei Moiseev said the apex bank and the finance ministry could legalize crypto payments soon. Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion. The sanctions birthed talks of the possibility of Russia using crypto to evade these sanctions, but stakeholders in the crypto industry have insisted that this is not possible.

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2022-09-10 10:10:05 Payment firm Wise rules out crypto remittances support citing high costs

British-based fintech firm Wise British-based fintech firm Wise has ruled out the possibility of facilitating cross-border crypto remittance, citing high costs for now. The payments platform, however, noted that cryptocurrencies come with additional advantages like speeding up the money transfer process but stated that it’s avoiding the costs of exchanging money. In this line, Barreiro noted that Wise is also exploring the Latin America region for the crypto option while singling out the vibrant digital assets market in the area. At the moment, Wise only allows users to purchase cryptocurrencies using funds in their accounts.

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2022-09-10 10:10:05 UK elects crypto-friendly Liz Truss as new prime minister

Liz Truss is set to become the United Kingdom’s next prime minister after winning the election to replace Boris Johnson as Conservative Party leader. It is quite possible that Ms. Truss’s response to the cost of living crisis, which she vowed to implement within days of assuming office, will define both her premiership and her prospects of earning a mandate of her own at the subsequent general election. Interestingly, those in the cryptocurrency space are interested in how Britain’s new prime minister will deal with cryptocurrencies. In 2018 she tweeted that ‘we need to accept cryptocurrencies’ in a manner that does not limit their potential and liberate free enterprise by eliminating rules that hinder prosperity.

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2022-09-10 10:10:05 FTX Will Pause Ethereum Trades for the ETH Merge

The first confirmation of zero downtime elicited mixed reactions from Ethereum developers, with many calling it a “disaster” and arguing that it was the FTX’s responsibility to maintain Ether (ETH) on all blockchains until the September upgrade was complete. FTX action of suspending Ether deposits and withdraws was to safeguard users from losing their assets during the high-risk fork. Ethereum developers designed the Merge for a smooth Proof-of-Stake (PoS) transition with zero downtime by considering the total terminal difficulty (TTD). This will ensure that the transition is based on the total mining power used to build up the blockchain.

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2022-09-05 13:41:43 EUROPEAN GAS JUMPS 31%

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2022-09-05 13:41:43 Goldman Sachs predicts the US housing market downturn will worsen in 2023.

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2022-09-05 13:41:43 EU energy chief is urging China and India to support a price cap on Russian oil

Somebody tell her who has been buying all the Russian oil the past 6 months

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