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How Will The London Hard Fork Affect Ethereum's Price?
The much anticipated Ethereum Improvement Protocol 1559 or “London hard fork” is due to take place today, with the upgrade's impact on the price of Ethereum hotly debated by industry professionals. Read More
Porsche Set To Auction Car Sketch As NFT
Luxury car fans will now have the exclusive opportunity to purchase a car design sketch by Porsche designer Peter Varga, Director of Exterior Design, through the platform SuperRare.
The physical version of the sketch will come accompanied by a digital version and will be the first time Porsche has delved into the NFT world. Read More
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain.
Speaking to Bloomberg News from Singapore, Buterin said that EIP-1559 is “definitely the most important part of London.” The upgrade, which went live around 15 hours ago, has tweaked the fee generation mechanism resulting in a portion of the fees being burnt. Read More
Crypto Mom: True decentralization is the only thing that will save DeFi projects
SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch.
Hester Pierce of the U.S. Securities and Exchange Commission — colloquially known as 'Crypto Mom,' has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.
Speaking to outspoken DeFiWatch founder Chris Blec in an August 4 discussion streamed by The Defiant, the SEC commissioner noted that decentralized organizations and DeFi are new concepts for regulators and that: “having a peer-to-peer system that doesn’t have central intermediaries is very different from what we’re normally dealing with.” Read More
Chainlink Is Building a Billion-Dollar Bridge to a Multi-Chain World
“This innovation is going to make it so that bridges can scale to secure billions,” said Chainlink founder Sergey Nazarov.
Chainlink Labs founder Sergey Nazarov today announced the blockchain oracle solution provider’s blueprint for the Cross-Chain Interoperability Protocol (CCIP), a "new global standard for decentralized inter-blockchain messaging, data and token movements." Alongside the protocol, Chainlink also announced the launch of a Programmable Token Bridge that makes use of CCIP, and its automated smart contract service, “Keepers.” Read More
Coinbase Expands Apple Pay Options for Bitcoin, Ethereum Buys
Apple Pay has been available on Coinbase but only for those with the company-branded debit card. Now, anyone with a Visa or Mastercard debit card can use it too.
Coinbase on Thursday announced a significant expansion of its payment integrations with Apple and Google. Starting today, iPhone users will be able to buy Bitcoin, Ethereum, and other cryptocurrencies with any Visa or Mastercard debit card linked to Apple Pay. Read More
How familiar are you with the ever-evolving crypto phraseology?
Have you ever come across a crypto meme but have no idea what it means? We also see crypto-related news dominating just about every medium on the internet, with cryptocurrency and the technology behind it becoming more prevalent in our global society. But there’s a bit of a language barrier regarding the terms used, and it’s growing as new terminology is invented.
This article uncovers some of the more popular terms, what they mean, and where they originated. Read More
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers (VASPs) that would be issued by the government, classifying them into three different groups. Read More
Marvel to Launch Spider-Man NFTs This Week — NFT Comic, 'Super-D Figures' to Follow
On August 5, Orbis Blockchain Technologies Limited and Marvel Entertainment kicked off the Veve Digital Collectibles’ “Marvel Month” celebration. The two companies plan to issue the first non-fungible token (NFT) assets featuring the Marvel Super Hero, Spider-Man. Read More
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one true, troy ounce of fine gold,” according to Kitco. Read More
Coming Cardano Update Could Be Game-Changer for Fifth-Largest Crypto Asset: Coin Bureau
A popular market analyst says that he believes Cardano’s forthcoming update could be a game-changer for the fifth-largest cryptocurrency by market cap.
The pseudonymous head of Coin Bureau, who goes by the simple name “Guy,” tells his 1.2 million YouTube subscribers that he expects the next few weeks to be exciting with several major projects in the space, including Cardano (ADA), set to reach major milestones. Read More
Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive
Ethereum blockchain started going through a major software upgrade on Thursday, August 5, which is expected to reduce the supply of the Ether tokens and stabilize transaction fees. The so-called “the London Upgrade” or “EIP – 1559”, the new protocols went live around midnight Thursday, Coordinated Universal Time (UTC). Read More
Stijn Vander Straeten, CEO, Crypto Finance Infrastructure Services: The rise of tokenization and the need for crypto carbon indexing
The Block caught up with Stijn Vander Straeten, CEO of Crypto Finance Group’s infrastructure services subsidiary, to discuss milestones, tokenization, and plans for the future ahead of the company’s appearance at Blockchain TechEx Global from 6-7 September.
The Zug, Switzerland-based company distinguishes itself from other businesses in the digital asset space through exclusively serving business-to-business (B2B) clients like banks, brokerage houses, and family offices. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
