The much-awaited Ethereum [ETH] Merge is around the corner. However, the mining community is continuing to search for new alternatives to keep their operations going.  While several miners are entering other networks, such as Ethereum Classic [ETC] and Ravencoin [RVN], some are siding a hard fork, Ethereum PoW. Recently, the ETHW community published an openContinue reading “ETHW vs. ETC: Which way would miners choose going forward?”

Six users of the cryptocurrency mixer Tornado Cash have sued the U.S. Department of Treasury and other authorities. They sued the latter over the decision to sanction Tornado Cash as of August 2022. The plaintiffs filed a lawsuit against the Department of the Treasury, the Office of Foreign Assets Control, and their corresponding heads. TheseContinue reading “Coinbase backs Tornado Cash users as they sue the Department of Treasury”

The head-trader of crypto platform EmpiresX pleaded guilty to one count of conspiracy to commit a securities fraud. The charges on the alleged are in connected with a global ponzi scheme that defrauded investors of $100 million. According to a press release put out by the United States Department of Justice, the head trader admittedContinue reading “EmpiresX: What now as head trader pleads guilty to $100 million ponzi scheme”

Polkadot [DOT] developers recently launched a new network upgrade to modify the Polkadot Runtime to v9270. After the upgrade was launched, DOT’s price corresponded and started gaining upward momentum. DOT recently witnessed a plunge in its price as it went to as low as $6.7 on 7 September. However, the recovery has been quick. AtContinue reading “Polkadot [DOT] can witness some upside thanks to this upgrade”

As per recent data, a lengthy market downturn has led to more than 26% reduction in the number of weekly active developers over the last three months. According to Blockchain data aggregator Artemis, the four top smart contract platforms witnessed even much bigger decreases in developer activity. These include Ethereum [ETH], Polkadot [DOT], Solana [SOL],Continue reading “Crypto enthusiasts bid goodbye to ‘tourist builders’ amid 26% drop in dev activity”

There is no denying that the popularity of crypto has been on the rise for quite some time now. New use cases are being developed for enterprises and retail clients alike. This growing popularity however, has its fair share of cons. Furthermore, increased scrutiny by regulators and exploitation by bad actors affect the popularity ofContinue reading “Exploring the world of crypto-taxations, one country at a time “

Recent data from Solana [SOL]’s blockchain explorer stated that the network processed a total of 96.62 million transactions. In fact, at the time of writing, the network processed an average of 3,044 transactions per second. With impressive statistics like these, Solana could prove its skeptics wrong while also lowering  the FUD around Solana’s downtime. WhileContinue reading “As Solana completes 95 million transactions, SOL may see a new dawn”

Cardano [ADA] is all set to launch its new Vasil hard fork this month. However, the blockchain also registered a commendable performance last week by gaining more than 5% in the last seven days. With this, it outperformed several other cryptos with higher market capitalization, including Ethereum [ETH] that is set for The Merge inContinue reading “Cardano may be ready for a bull-run, but will ADA share the common goal “

For the past few months, Shiba Inu [SHIB] has been the better performer among the top two meme cryptocurrencies. Its closest competitor, Dogecoin [DOGE], which still has a greater market value, had failed to match up within the same timeframe. Despite getting the support of the world’s richest man, Elon Musk, DOGE seems to haveContinue reading “SHIB could dethrone DOGE sooner than expected- Decoding ‘why’”

Polygon [MATIC] in a recent announcement dated 7 September, stated that their operations would be greener after the Ethereum [ETH] Merge. With ETH shifting to Proof of Stake (PoS), the Polygon team estimated that 99.91% of their carbon emissions will be reduced.  The drop in Polygon’s carbon emissions has driven the price of MATIC inContinue reading “Polygon [MATIC] goes green but will the price follow suit”

Circle [USDC] has kept Tether [USDT] on its toes in the stablecoin superiority fight since the start of 2022. However, the recent Binance decision to convert other stablecoins except for USDT to Binance USD [BUSD]  has dealt USDC’s mission a big blow. A few days after the exchange announcement, the market’s signs have begun toContinue reading “USDT: Binance action spurs >$15B gap but battle is not yet over”

The NFT market has been a growing one with several companies filing for trademarks to enter the NFT space. The latest business giant to file a trademark application is Sony Music Entertainment. The trademark application was filed with the United States Patent and Trademark Office on 30 August. Furthermore, the application mentions a suite ofContinue reading “NFTs may revolutionize the future of music industry- Here’s how”