Vitalik Buterin Confirms Ethereum’s Merge Could Happen in August
Vitalik Buterin, along with a few core Ethereum developers, claimed that The Merge will be completed in August this year.
Crypto News
Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
The Latest Crypto News
Bitcoin Retests $30K as Ripple Spikes 6% Daily (Market Watch)
XRP has seen the most impressive daily increase from the larger-cap altcoins, while bitcoin and ether trade above $30,000 and $2,000, respectively.
Australian Banking Giant Halts Crypto Trading Pilot Amid Regulatory Uncertainty
Amid the ongoing crypto crash, mainly caused by the collapse of Terra's ecosystem, the largest Aussie bank has halted plans to release its digital asset platform.
Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years
Julius Baer is set to offer cryptocurrency products, and even DeFi services in the future, to high-net-worth clients.
a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard
a16z's newly announced fund will go for game studios, consumer apps that support gamers, and Infrastructure tools for digital games.
Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules
Local representatives of the crypto industry said 1% TDS is very high and can drive the traders away from the market and hurt volume.
SEC Chair Predicts Other Cryptocurrencies Will Mimic Terra’s Downfall and Harm Investors
US SEC's Chair thinks there might be more coins like LUNA that will collapse in the near future and harm crypto investors.
New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed
Ropsten public testnet to undergo merge on June 8 as the Ethereum blockchain prepares for a transition to a more eco-friendly architecture.
Binance Visa Card Guide: Read Before You Order
Spending cryptocurrency at local shops is becoming easier by the day. Here's what you should know before ordering a Visa Crypto Card from Binance.
Tether Confirms Fully Backed Reserves in Latest Assurance Report
The stablecoin issuer has decreased its commercial paper holdings while increasing its US Treasury bills.