Market News Top Crypto News Ethereum Merge Hits Graphics Card Makers – Top Crypto Updates Ethereum Merge hits graphics card makers Ethereum’s shift from proof-of-work to environment-friendly proof-of-stake (called ‘The Merge’) will result in sizeable dumping of graphic cards (GPUs). It will also hit manufacturers such as Nvidia and AMD. GPUs are no longer needed on a mass scale and will go for a significant discount, said experts. Crypto prices […] Written by Cherian Varghese September 19, 2022September 19, 2022
Market News Top Crypto News India Drops Two Rankings in Global Crypto Adoption Index – Top Crypto Updates India drops two rankings in global crypto adoption index According to crypto analysis platform Chainalysis, India has fallen two slots to the fourth place in a list of 20 countries with the highest crypto adoption rate. This is primarily due to crypto tax and regulatory uncertainty. Vietnam continued to remain at the top spot, followed […] Written by Cherian Varghese September 16, 2022September 16, 2022
Market News Top Crypto News Ethereum Successfully Executes Merge Event – Top Crypto Updates Ethereum successfully executes Merge event At 2:45 am EST (12:15 pm IST), the Ethereum network successfully began its transition from proof of work to proof of stake. In proof of work, Ethereum (ETH) was generated by “mining,” an energy-intensive process by which individuals directed huge amounts of computing power at difficult-to-solve puzzles. Under the proof of […] Written by Cherian Varghese September 15, 2022September 15, 2022
Market News Top Crypto News SEC to Open Digital Asset Office – Top Crypto Updates SEC to open digital asset office The U.S. Securities & Exchange Commission (SEC) is planning to launch a new office dedicated to reviewing filings related to digital assets. The Office of Crypto Assets to the Division of Corporation Finance’s Disclosure Review Program (DRP) will be responsible for reviewing the company filings of crypto issuers. The […] Written by Cherian Varghese September 12, 2022September 12, 2022
Market News Top Crypto News Ethereum Gets Bellatrix Upgrade Today – Top Crypto Updates Ethereum gets Bellatrix upgrade today The upgrade to Ethereum 2.0 is about to begin on the Ethereum blockchain. The hard fork (a separation process) that converts Ethereum from a proof-of-work (PoW) base to a proof-of-stake (PoS) basis is known as Ethereum 2.0. One of the steps in the update procedure, called “The merge,” is scheduled […] Written by Cherian Varghese September 6, 2022September 6, 2022
Market News Top Crypto News Ethereum Foundation Confirms Date for Merge Upgrade – Top Crypto Updates Ethereum Foundation confirms date for merge upgrade The Ethereum Foundation announced that the ETH merge upgrade will be fully completed between September 10 and 20. The network will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain next month in a much-awaited upgrade known as “the merge.” In proof-of-work, crypto transactions are verified through mining. Meanwhile, in proof of […] Written by Cherian Varghese August 25, 2022August 25, 2022
Market News Top Crypto News ED Probing Crypto Exchanges for Alleged Laundering – Top Crypto Updates ED probing crypto exchanges for alleged laundering of over Rs 1,000 crore The Enforcement Directorate (ED) is probing at least ten crypto exchanges for allegedly laundering more than Rs 1,000 crore as crime proceeds of the accused companies in an instant loan app case. Several loan apps had reportedly approached these exchanges to buy crypto worth […] Written by Cherian Varghese August 11, 2022August 11, 2022
