Ethereum has taken yet another small—but crucial—step toward the merge, the blockchain’s much-hyped and oft-punted transition to proof of stake. Scheduled for today, Ethereum’s 10th shadow fork actually went live early yesterday, a full 26 hours ahead of schedule. Shadow forks are a focused trial run of aspects of the merge; they practice making one or two specific changes to … [Read more...] about Ethereum Deploys Its Tenth ‘Shadow Fork’ in Buildup to Merge
Crypto
WazirX-Binance Rift: What Are Allegations; What Cryptocurrency Users Must Know
After the Enforcement Directorate (ED) conducted raids on WazirX director last week, the world’s largest crypto exchange by volume Binance, which had announced to buy WazirX in November 2019, is now reneging on the agreement between the two companies. This prompted users to find out who controls WazirX. Now, Binance has also removed off-chain crypto transfers to crypto exchange … [Read more...] about WazirX-Binance Rift: What Are Allegations; What Cryptocurrency Users Must Know
Singapore-Based Crypto Lender Hodlnaut Halts Withdrawals As Cryptocurrency Woes Continue
Singapore-based crypto platform Hodlnaut halts withdrawals, deposits, and token swaps, citing market volatility, and joins the long list of crypto platforms going bust. Hodlnaut said in a statement "we have since informed the MAS (Monetary Authority of Singapore) of our intention to withdraw our licence application. Hodlnaut is therefore no longer providing regulated digital … [Read more...] about Singapore-Based Crypto Lender Hodlnaut Halts Withdrawals As Cryptocurrency Woes Continue
US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry
Getty Images | Yuichiro Chino The US Treasury Department blacklisted the virtual currency mixer Tornado Cash on Monday, saying the system "has been used to launder more than $7 billion worth of virtual currency since its creation in 2019." The platform was added to the Specially Designated Nationals and Blocked Persons List (SDN), prohibiting all transactions on Tornado Cash … [Read more...] about US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry
Is FTX Proposition Offering Voyager Consumers a Good Deal? One Bankruptcy Professional Weighs In
"Crypto native"clients might likewise see this as a much easier choice, and might not be interested in going through a complicated lawsuits procedure, he stated. "Let's simply get the crypto back, let's get liquid and start trading again. Let's begin DeFi-ing [and] yield farming again," he added, promoting a theoretical trader. Source … [Read more...] about Is FTX Proposition Offering Voyager Consumers a Good Deal? One Bankruptcy Professional Weighs In