Category : EthereumWorldNews

EthereumWorldNews

“Savers Are Losers”, Invest in Bitcoin Says Rich Dad Poor Dad Author Robert Kiyosaki

TL;DR& “Savers are losers,” states Rich Dad Poor Dad author Robert Kiyosaki on his official Twitter account @therealkiyosakiMr. Kiyosaki has noted that such market crashes will make savers the biggest losers.Mr. Kiyosaki has prev...

Yuga Labs to Raise $50 Million with New NFT Collection Mecha Apes

Yuga Labs is reportedly launching a new NFT collection called Mecha Apes. According to reports, the parent company of BAYC is looking to raise $50 million from the upcoming collection. Based on a leaked Yuga Labs pitch deck, these new NFTs may be re...

Doodles NFT Secures $54 Million in a Seven Seven Six Led Funding Round

Doodles NFT has raised $54 million at a $704 million valuation. With this capital, Doodles will expand its IP throughout the music, culture, and entertainment industries. Alexis Ohanian’s Seven Seven Six led the round, with participation from...

Dogecoin (DOGE) Now Second Biggest PoW Blockchain After The Ethereum Merge

Summary: Dogecoin has climbed to the second spot among proof-of-work cryptocurrencies with a market cap north of $7.9 billion.The meme coin achieved the feat following the merge.Ethereum was previously the second largest PoW blockchain before its...

ETHW Token Plummets 60% In The Last 24 Hours

The ETHW token’s value has dropped 60% a day after its launch on the mainnet.The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is currently sitting at $11.75. The Ethereum PoW fork t...

ETHW Token Plummets 60% Soon After Its Launch On Mainnet

The ETHW token’s value has dropped 60% in the last 24 hours The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is currently sitting at $11.75. The Ethereum PoW fork token, which launc...

U.S. Government Publishes First-Ever Crypto Framework

Summary: The White House published its first set of plans to regulate cryptocurrencies.Friday’s publication included a combative approach to illegal crypto operations and possible plans for a CBDC/digital dollar Months after President Bi...

Ethereum’s Proof-of-Stake Transition Could Make It a Security, Says Gary Gensler

SEC Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws.Gensler believes that the staking model could make Ethereum pass a key part of the Howey test.Gensler is keen on regulating many crypto tokens under s...

FTX In Lead To Purchase The Auctioned Assets Of Voyager Digital: Source

A report by Coindesk citing anonymous sources reveals that FTX might be in the lead to purchase the auctioned assets of Voyager Digital& The crypto lender platform had earlier rejected the FTXs deal citing it as a low ball offer A report publ...

Climate Activists File Petitions Urging Bitcoin To Adopt The Sustainable Proof Of Stake Consensus

Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus.& Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions&...

The Merge Week: ETHW Team Releases 1-Hour Mainnet Info Launch Countdown

Summary: The team behind plans to hard fork Ethereum’s proof-of-work blockchain reaffirmed its launch timeline.Final node configurations and other relevant data will roll out for network participants today.The core ETHW team published a 60-...

Ethereum Proof-of-Work Hard Fork Token Nosedives Post The Merge

The ETHW token rallied in the hours after The Merge before crashing heavily.The token is down 18% over the past 24 hours.The ETHPoW mainnet launch is less than 24 hours away. The Proof-of-Work fork of the Ethereum network, ETHPoW, saw its token r...

Yuga Labs Issues Grant to Create a CryptoPunks Newsletter

Yuga Labs has awarded the first CryptoPunks NFT grant to @ricgalbraith and @lorepunkdoteth to run a Punks-centric newsletter, Punks Post.& & The newsletter will capture important events and promote networking opportunities within the Punks...

Ethereum Makes History: The Network Marks Its Successful Transition To The Proof Of Stake Consensus

Ethereum makes a successful transition from its earlier proof of work to proof of stake consensus& Ethereum is now a legitimate proof of stake consensus blockchain.& Ethereum’s highly anticipated network upgrade dubbed the “M...

Euro, Bitcoin Fall as USD Raises on CPI Higher Than Expected

USD has had the worst run in a few days as the markets were waiting for the customer inflation data in a year. On Tuesday, customer prices climbed more than expected, by 8.3% year to year in August; the news triggered a sell-off. EURUSD is down 1%,...

Magic Eden Launches MetaShield, a Controversial Royalty Enforcement Tool

MetaShield will allow creators to flag or blur the images of listed NFTs that bypass royalties. According to Magic Eden, the move is necessary to protect creators’ royalties. Once a “shielded” NFT is bought, it would incur a debt f...

Ethereum Classic’s Hashrate Is Skyrocketing Ahead Of The Upcoming Ethereum Merge

ETCs hash rate has reached an all-time high of 64 Terra Hashes. The surging hash rate indicates an increased mining activity on the ETC network Ethereum Classic’s hashrate has breached past its usual metrics, ascending to new highs of 64 TH...

The Merge Week: Bybit To Support ETHW Fork, Token Distribution 8 Hours After Ethereum PoS Switch

Summary: Crypto exchange Bybit intends to support ETHW, the proof-of-work hard fork of Ethereum’s blockchain.Bybit said ETHW tokens would be listed after the merge.The crypto exchange will also support airdrops, deposits, and trading for E...

The Merge Week: Less Than 24 Hours Till Ethereum’s PoS Upgrade, How Are Crypto Exchanges Prepared?

Summary: Major crypto exchanges like Binance, Coinbase, and FTX released their operational plans for the merge.While some plans differ, most platforms intend to support Ethereum’s switch from proof-of-work to proof-of-stake.The merge is les...

Ethereum Sell Pressure Post The Merge Unlikely: Nansen Report

Nansen published a report on censorship risk and the selling pressure of Ethereum following The Merge.It does not believe there to be selling pressure for a variety of reasons.Meanwhile, investors are anticipating a bump in the price of Ethereum, wh...

South Korean Court Issues Arrest Warrant For Terraform Labs Founder Do Kwon

Per local news outlet Chosun Ilbo, the South Korean court has issued an arrest warrant against Do Kwon, Terraform labs founding member Nicholas Platias, and one of its employees Han Mo& Per the report, the warrants have been issued under the vio...

US Treasury: Tornado Cash Deposits Prior To August 8 Sanction Withdrawable With OFAC License

Summary: The U.S. Treasury Department provided conditions for domestic users who wish to withdraw from sanctioned crypto mixer Tornado Cash.U.S. Citizens with deposits in the Ethereum-based service may apply for a license with the Office of Forei...

Ethereum Name Service (ENS) Domain Names Have Surpassed 2.3 Million Registrations

Ethereum Name Service (ENS) domain names have clocked in more than 2.3 million registrations. It is now one of the top 3 collections on OpenSea by 30-day volume. Speculation and adoption among prominent individuals are possible factors behind the hy...

Opera Crypto Browser Rolls out Support For Metamask And Other Web3 Wallets

Summary: Opera Crypto Browser now supports third-party wallets.Integration for Ethereum wallet Metamask among others was announced this week.The move could be strategic as Ethereum’s switch to proof-of-stake is expected to ship before Septe...

The Merge Week: ETHW Forked Mainnet To Go Live 24 Hours After Ethereum’s PoS Upgrade

Summary: The plan to fork Ethereum’s proof-of-work network now has a timeline.EthereumPoW, the team behind the initiative, said the ETHW Mainnet would go live 24 hours after the merge.Full node data and configurations would be released shor...

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